Zacks Research Increases Earnings Estimates for ProAssurance

ProAssurance Co. (NYSE:PRA) – Investment analysts at Zacks Research raised their Q1 2025 EPS estimates for shares of ProAssurance in a research report issued to clients and investors on Thursday, December 5th. Zacks Research analyst K. Dey now forecasts that the insurance provider will earn $0.18 per share for the quarter, up from their prior forecast of $0.17. The consensus estimate for ProAssurance’s current full-year earnings is $0.80 per share. Zacks Research also issued estimates for ProAssurance’s Q2 2025 earnings at $0.20 EPS, Q3 2025 earnings at $0.23 EPS, FY2025 earnings at $0.84 EPS, Q1 2026 earnings at $0.21 EPS, Q2 2026 earnings at $0.22 EPS, Q3 2026 earnings at $0.24 EPS and FY2026 earnings at $0.94 EPS.

A number of other equities research analysts also recently commented on the stock. Truist Financial lifted their price target on shares of ProAssurance from $14.00 to $18.00 and gave the stock a “hold” rating in a report on Tuesday, November 12th. Piper Sandler lowered ProAssurance from an “overweight” rating to a “neutral” rating and set a $18.00 target price for the company. in a research note on Monday, November 11th. Finally, StockNews.com downgraded ProAssurance from a “buy” rating to a “hold” rating in a research report on Tuesday, November 19th.

ProAssurance Stock Down 1.9 %

PRA opened at $16.90 on Monday. The company has a market cap of $864.60 million, a price-to-earnings ratio of 20.36 and a beta of 0.28. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.28 and a current ratio of 0.28. ProAssurance has a one year low of $10.76 and a one year high of $17.79. The business’s fifty day moving average is $15.82 and its two-hundred day moving average is $13.94.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Zacks Investment Management acquired a new stake in ProAssurance during the third quarter worth about $5,140,000. Assenagon Asset Management S.A. grew its holdings in shares of ProAssurance by 91.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 485,501 shares of the insurance provider’s stock worth $7,302,000 after purchasing an additional 231,852 shares during the period. Cubist Systematic Strategies LLC increased its position in ProAssurance by 567.5% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 151,434 shares of the insurance provider’s stock worth $1,851,000 after purchasing an additional 128,747 shares in the last quarter. Dana Investment Advisors Inc. raised its holdings in ProAssurance by 33.6% in the second quarter. Dana Investment Advisors Inc. now owns 434,850 shares of the insurance provider’s stock valued at $5,314,000 after buying an additional 109,253 shares during the period. Finally, Wellington Management Group LLP lifted its position in ProAssurance by 3.0% during the third quarter. Wellington Management Group LLP now owns 3,164,085 shares of the insurance provider’s stock valued at $47,588,000 after buying an additional 91,987 shares in the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

About ProAssurance

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.