ProAssurance (PRA) Scheduled to Post Earnings on Wednesday

ProAssurance (NYSE:PRA) will release its earnings data after the market closes on Wednesday, February 21st. Analysts expect ProAssurance to post earnings of $0.62 per share for the quarter.

Shares of ProAssurance (NYSE PRA) opened at $51.70 on Wednesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.40 and a quick ratio of 0.40. ProAssurance has a 1 year low of $50.35 and a 1 year high of $63.45. The stock has a market cap of $2,745.54, a P/E ratio of 22.35 and a beta of 0.47.

In other ProAssurance news, Chairman William Stancil Starnes sold 2,442 shares of the stock in a transaction that occurred on Wednesday, January 10th. The shares were sold at an average price of $55.00, for a total value of $134,310.00. Following the completion of the sale, the chairman now owns 324,895 shares of the company’s stock, valued at $17,869,225. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 39,074 shares of company stock valued at $2,149,329 in the last ninety days. 1.80% of the stock is owned by corporate insiders.

PRA has been the subject of several recent research reports. Boenning Scattergood reaffirmed a “hold” rating on shares of ProAssurance in a research report on Tuesday, November 7th. Zacks Investment Research raised shares of ProAssurance from a “sell” rating to a “hold” rating in a research report on Wednesday, November 8th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $61.00 price objective on shares of ProAssurance in a research report on Wednesday, December 6th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. ProAssurance has an average rating of “Hold” and an average target price of $59.33.

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About ProAssurance

ProAssurance Corporation (ProAssurance) is a holding company for property and casualty insurance companies. The Company provides professional liability insurance for healthcare professionals and facilities, professional liability insurance for attorneys, liability insurance for medical technology and life sciences risks, and workers’ compensation insurance.

Earnings History for ProAssurance (NYSE:PRA)

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