ProAssurance (NYSE:PRA – Get Free Report) is projected to announce its earnings results after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.17 per share and revenue of $274.56 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
ProAssurance Stock Down 0.8 %
PRA opened at $14.47 on Tuesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.28 and a quick ratio of 0.28. The stock has a market capitalization of $740.29 million, a price-to-earnings ratio of 17.43 and a beta of 0.27. The business has a 50-day moving average of $15.38 and a two-hundred day moving average of $14.94. ProAssurance has a 12 month low of $10.76 and a 12 month high of $17.79.
Wall Street Analyst Weigh In
Several analysts have commented on PRA shares. Truist Financial lifted their price target on ProAssurance from $14.00 to $18.00 and gave the company a “hold” rating in a report on Tuesday, November 12th. Piper Sandler cut ProAssurance from an “overweight” rating to a “neutral” rating and set a $18.00 price target for the company. in a report on Monday, November 11th. Finally, StockNews.com upgraded ProAssurance from a “hold” rating to a “buy” rating in a report on Thursday, December 26th.
ProAssurance Company Profile
ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. The company operates through Specialty Property and Casualty, Workers’ Compensation Insurance, and Segregated Portfolio Cell Reinsurance segments. It offers professional liability insurance to healthcare providers and institutions, and attorneys and their firms; medical technology liability insurance to medical technology and life sciences companies; and custom alternative risk solutions, including assumed reinsurance, loss portfolio transfers, and captive cell programs for healthcare professional liability insureds.
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