Market Highlights: Proassurance Corporation (PRA) Ends on a Low Note at 23.85

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

The price of Proassurance Corporation (NYSE: PRA) closed at $23.85 in the last session, down -0.62% from day before closing price of $24.0. In other words, the price has decreased by -$0.62 from its previous closing price. On the day, 0.88 million shares were traded. PRA stock price reached its highest trading level at $24.08 during the session, while it also had its lowest trading level at $23.845.

Ratios:

We take a closer look at PRA’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.34.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRA now has a Market Capitalization of 1226214400 and an Enterprise Value of 1250621440. As of this moment, Proassurance’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.18, and their Forward P/E ratio for the next fiscal year is 21.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.09 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at 1.108 whereas that against EBITDA is 10.744.

Stock Price History:

The Beta on a monthly basis for PRA is 0.13, which has changed by 0.79323304 over the last 52 weeks, in comparison to a change of 0.14460516 over the same period for the S&P500. Over the past 52 weeks, PRA has reached a high of $24.14, while it has fallen to a 52-week low of $12.43. The 50-Day Moving Average of the stock is 1.11%, while the 200-Day Moving Average is calculated to be 20.05%.

Shares Statistics:

According to the various share statistics, PRA traded on average about 551.95K shares per day over the past 3-months and 448390 shares per day over the past 10 days. A total of 51.41M shares are outstanding, with a floating share count of 50.58M. Insiders hold about 1.61% of the company’s shares, while institutions hold 98.54% stake in the company. Shares short for PRA as of 1753920000 were 4101707 with a Short Ratio of 7.43, compared to 1751241600 on 3012051. Therefore, it implies a Short% of Shares Outstanding of 4101707 and a Short% of Float of 10.94.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.14. The current Payout Ratio is 0.00% for PRA, which recently paid a dividend on 2023-03-28 with an ex-dividend date of 2023-03-28. Stock splits for the company last occurred on 2012-12-28 when the company split stock in a 2:1 ratio.

Earnings Estimates

The current market rating for Proassurance Corporation (PRA) reflects the collective analysis of 3.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.26, with high estimates of $0.28 and low estimates of $0.25.

Analysts are recommending an EPS of between $1.26 and $1.15 for the fiscal current year, implying an average EPS of $1.2. EPS for the following year is $1.04, with 5.0 analysts recommending between $1.2 and $0.9.

Revenue Estimates

According to 3 analysts, the current quarter’s revenue is expected to be $269.04M. It ranges from a high estimate of $282.19M to a low estimate of $246.94M. As of the current estimate, Proassurance Corporation’s year-ago sales were $285.25MFor the next quarter, 3 analysts are estimating revenue of $267.3M. There is a high estimate of $278M for the next quarter, whereas the lowest estimate is $246.89M.

A total of 2 analysts have provided revenue estimates for PRA’s current fiscal year. The highest revenue estimate was $1.11B, while the lowest revenue estimate was $1.04B, resulting in an average revenue estimate of $1.08B. In the same quarter a year ago, actual revenue was $1.15BBased on 4 analysts’ estimates, the company’s revenue will be $1.09B in the next fiscal year. The high estimate is $1.18B and the low estimate is $975.42M.

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.