ProAssurance Stock: A Deep Dive Into Analyst Perspectives (5 Ratings)

In the last three months, 5 analysts have published ratings on ProAssurance PRA, offering a diverse range of perspectives from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $19.4, a high estimate of $24.00, and a low estimate of $14.00. This current average has decreased by 1.77% from the previous average price target of $19.75.

Diving into Analyst Ratings: An In-Depth Exploration

The standing of ProAssurance among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to ProAssurance. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of ProAssurance compared to the broader market.
• Price Targets: Gaining insights, analysts provide estimates for the future value of ProAssurance's stock. This comparison reveals trends in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of ProAssurance's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

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All You Need to Know About ProAssurance

ProAssurance Corp is a holding company for property and casualty insurance companies. The company's wholly-owned insurance subsidiaries provide professional liability insurance for healthcare professionals and facilities, professional liability insurance for attorneys, and workers' compensation insurance. ProAssurance reports operating results in five segments: Specialty Property and Casualty, Workers' Compensation, Segregated Portfolio Cell Reinsurance, Lloyd's Syndicate, and Corporate. ProAssurance generates the vast majority of its revenue from its Specialty P&C activities, followed by Worker's Compensation.

Key Indicators: ProAssurance's Financial Health

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Challenges: ProAssurance's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -0.05%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 2.16%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): ProAssurance's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 0.6%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): ProAssurance's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.11%, the company may face hurdles in achieving optimal financial returns.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.4.

The Significance of Analyst Ratings Explained

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

This article was generated by Benzinga's automated content engine and reviewed by an editor.