Shares of ProAssurance (PRA) have gained 10.6% over the past four weeks to close the last trading session at $13.12, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $16.75 indicates a potential upside of 27.7%. The average comprises four short-term price targets ranging from a low of $14 to a high of $20, with a standard deviation of $2.75. While the lowest estimate indicates an ...

ProAssurance Corporation (NYSE:PRA) Q2 2024 Earnings Conference Call August 9, 2024 10:30 AM ET Company Participants Heather Wietzel - SVP, IR Edward Rand - President and CEO Dana Hendricks - EVP, CFO and Treasurer Kevin Shook - President, Workers' Compensation Insurance Conference Call Participants Matt Carletti - JMP Paul Newsome - Piper Sandler Gregory Peters - Raymond James Mark Hughes - Truist Bob Farnam - Janney Operator Good morning, everyone. Welcome to ProAssurance's conference call to discuss the ...

ProAssurance Corporation (PRA) reported second-quarter 2024 adjusted operating income of 23 cents per share, which surpassed the Zacks Consensus Estimate of 8 cents. The bottom line soared 64.3% year over year. Operating revenues dipped 1.1% year over year to $279 million. The top line beat the consensus mark by 1.8%. ProAssurance's quarterly performance was bolstered by strong underwriting results in the Specialty P&C segment, significant growth in investment income driven by a higher interest rate environ ...

ProAssurance (PRA) reported $278.54 million in revenue for the quarter ended June 2024, representing a yearover-year decline of 1.3%. EPS of $0.23 for the same period compares to $0.16 a year ago. The reported revenue represents a surprise of +1.79% over the Zacks Consensus Estimate of $273.65 million. With the consensus EPS estimate being $0.08, the EPS surprise was +187.50%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...

ProAssurance (PRA) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 187.50%. A quarter ago, it was expected that this medical professional liability insurer would post earnings of $0.04 per share when it actually produced earnings of $0.08, delivering a surprise of 100%. Over the last ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 0-16533 ProAssurance Corporation (Exact name of registrant as specified in its charter) Delaware 63-1261433 (State ...

NEWS RELEASE For More Information: Heather J. Wietzel • SVP, Investor Relations 800-282-6242 • 205-776-3028 • InvestorRelations@ProAssurance.com ProAssurance Reports Results for Second Quarter 2024 BIRMINGHAM, AL – August 8, 2024 – ProAssurance Corporation (NYSE: PRA), an industry-leading specialty insurer with extensive expertise in medical professional liability and a core small-cap value equity in the financials sector, today reported net income of $15.5 million, or $0.30 per diluted share, and operating ...

ProAssurance Corporation (PRA) is set to report its second-quarter 2024 results on Aug 8, after the closing bell. The Zacks Consensus Estimate for second-quarter earnings is currently pegged at 8 cents per share, implying a decline of 50% from the year-ago reported number. The estimate remained stable over the past month. The Zacks Consensus Estimate for second-quarter revenues is currently pegged at almost $273.7 million, suggesting a 3.1% fall from the year-ago actuals. Image Source: Zacks Investment Rese ...

In its upcoming report, ProAssurance (PRA) is predicted by Wall Street analysts to post quarterly earnings of $0.08 per share, reflecting a decline of 50% compared to the same period last year. Revenues are forecasted to be $273.65 million, representing a year-over-year decrease of 3.1%. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. ...

The price trend for ProAssurance (PRA) has been bearish lately and the stock has lost 8.4% over the past week. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support. While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts ...