ProAssurance

ProAssurance Corp. is a holding company. It operates through the following segments: Specialty Property and Casualty, Workers' Compensation Insurance, Lloyd's Syndicate, Segregated Portfolio Cell Reinsurance and Corporate. The Specialty Property and Casualty segment includes professional liability business and medical technology and life sciences business. The Workers' Compensation Insurance segment includes the workers' compensation business which the company provides for employers, groups and associations. The Lloyd's Syndicate segment includes operating results from participation in Lloyd's Syndicate 1729. The Segregated Portfolio Cell Reinsurance segment assumes workers' compensation insurance, healthcare professional liability insurance or a combination of the two from Workers' Compensation Insurance and Specialty Property & Casualty segments. The Corporate segment includes investing operations managed at the corporate level, non-premium revenues generated outside of insurance entities, and corporate expenses, including interest and U.S. income taxes. The company was founded in 1976 and is headquartered in Birmingham, AL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

ProAssurance reports robust Q4 earnings, eyes strategic growth opportunities

ProAssurance's Q4 2022 earnings call highlighted strong financial performance, operational improvements, and growth across its business segments, underscoring the company's resilience and strategic focus.
Management's emphasis on underwriting discipline, operational efficiency, and risk management reflects a commitment to sustainable profitability and long-term value creation for stakeholders.
While challenges such as managing liabilities and sustaining growth persist, ProAssurance's proactive approach to addressing market dynamics positions it well to capitalize on opportunities for strategic expansion and innovation.
Overall, ProAssurance's performance in Q4 2022 showcases a balanced approach to risk management, operational excellence, and growth initiatives, setting a positive trajectory for future success.

ProAssurance reports mixed Q1 results, focuses on underwriting improvements

ProAssurance navigated a challenging quarter with mixed results across segments, emphasizing caution amidst market uncertainties.
Despite losses in certain areas, the company showed strength in profitable segments and investment income growth.
Management's focus on underwriting improvements and financial flexibility positions ProAssurance for future opportunities.

ProAssurance reports solid Q2 earnings amidst underwriting challenges

ProAssurance's Q2 2023 performance reflects a mix of strengths and challenges, with strong investment results and stable loss ratios contrasting with underwriting hurdles and increased combined ratio.
The company's focus on operational efficiency, strategic investments, and growth opportunities positions it well for future profitability and market expansion, despite facing competitive pressures and market challenges.
Management's proactive approach to addressing risks and uncertainties while emphasizing financial resilience and growth potential underscores ProAssurance's commitment to navigating evolving market conditions and driving sustainable performance.

ProAssurance reports Q3 loss, focuses on disciplined growth strategies

ProAssurance navigated challenges in their Workers' Compensation segment, leading to an operating loss in Q3. Despite this, the company demonstrated strength in premium growth and investment results. Strategic decisions to address market conditions and optimize performance position ProAssurance for long-term profitability and value creation.

ProAssurance reports Q4 loss, focuses on profitability strategies and growth

ProAssurance's Q4 2023 performance was impacted by losses in the Workers' Compensation segment and competitive pressures in key segments. Despite challenges, the company remains committed to long-term profitability strategies and is focused on enhancing return on equity. Opportunities exist in optimizing fee schedules, new business profitability, and pricing strategies.

ProAssurance reports Q1 earnings, focuses on long-term profitability amid challenges

ProAssurance's Q1 2024 earnings call highlighted operating earnings of $0.08 per share, underwriting challenges, and market conditions. The company showcased improvements in the Specialty P&C and Workers' Compensation segments, emphasizing long-term profitability goals. Challenges include social inflation impact and market competitiveness, but opportunities lie in enhancing underwriting strategies and capitalizing on market dynamics.

ProAssurance reports improved Q2 earnings, focuses on innovation and profitability

ProAssurance delivered a solid performance in Q2 2024 with improved operating earnings and strategic initiatives in underwriting and investments. While facing challenges related to rising medical costs and expense ratios, the company showcased financial strength and progress towards sustained profitability.
Opportunities in leveraging AI tools, exploring insurtech investments, and optimizing expense ratios present avenues for future growth and competitiveness. ProAssurance's focus on innovation and financial stability positions it well for navigating market dynamics and delivering value to shareholders.

ProAssurance reports solid Q3 earnings, eyes growth amid challenges

ProAssurance delivered strong operating earnings and maintained a focus on underwriting profitability and balance sheet protection.
The company's strategic initiatives, such as the new web portal and reserve management, position it well for future growth and customer retention.
While facing challenges in new business acquisition and medical loss trends, ProAssurance has opportunities to capitalize on market growth and enhance operational efficiency.
Overall, ProAssurance's performance in Q3 2024 reflects resilience and strategic planning amid industry challenges and opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

ProAssurance Corporation (PRA) Q3 2024 Earnings Call Transcript

Although the revenue and EPS for ProAssurance (PRA) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

ProAssurance (PRA) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

ProAssurance (PRA) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to loss of $0.07 per share a year ago.

ProAssurance (PRA) Q3 Earnings and Revenues Surpass Estimates

BIRMINGHAM, Ala.--(BUSINESS WIRE)--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 $16.4 million, or $0.32 per diluted share, and operating income(1) of $17.3 million, or $0.34 per diluted share, for the three months ended September 30, 2024. Third Quarter 2024(2) Specialty P&C segment combined ratio of 99.5% demonstr.

ProAssurance Reports Results for Third Quarter 2024

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Corporation (NYSE: PRA) will issue its news release and file its Form 10-Q regarding third quarter 2024 results after the market closes on Thursday, November 7, 2024. The release and 10-Q will be available on the Company's website at investor.proassurance.com. ProAssurance will conduct its quarterly conference call with analysts and investors to discuss the results and other information on Friday, November 8, 2024, at 10:00 a.m. ET. Preregistratio.

ProAssurance to Announce Third Quarter 2024 Results on Thursday, November 7, 2024

Appealing valuation, upward trend in earnings estimates and rising investment income bode well for PRA.

ProAssurance Jumps 33% in 3 Months: Is it Still a Good Bet for You?

Mission Produce

JD.com

Progressive

It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. PGR, JD, AVO & PRA are well-poised to gain.

Secure Your Portfolio With 4 Low-Beta Stocks: PGR, JD, AVO, PRA

ProAssurance Corporation (PRA) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, PRA's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.

ProAssurance (PRA) Just Flashed Golden Cross Signal: Do You Buy?

Heritage Insurance Hlds

Skyward Specialty Insurance Group Inc

Amid heightened market volatility investors may want to consider several insurance stocks that have made their way onto the coveted Zacks Rank #1 (Strong Buy) list.

Time to Buy These Top Insurance Stocks Amid Heightened Market Volatility

The consensus price target hints at a 25% upside potential for ProAssurance (PRA). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts See a 25% Upside in ProAssurance (PRA): Can the Stock Really Move This High?

ProAssurance (PRA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for ProAssurance (PRA): Will It Gain?

The average of price targets set by Wall Street analysts indicates a potential upside of 27.7% in ProAssurance (PRA). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Think ProAssurance (PRA) Could Surge 27.67%: Read This Before Placing a Bet

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 company's Second Quarter 2024 Results.

ProAssurance Corporation (PRA) Q2 2024 Earnings Call Transcript

ProAssurance's (PRA) Q2 results reflect strong underwriting results in the Specialty P&C segment and investment income growth, despite profitability pressures in some segments.

ProAssurance (PRA) Q2 Earnings Beat, Surge Y/Y on Lower Costs

The headline numbers for ProAssurance (PRA) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

ProAssurance (PRA) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

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.

ProAssurance (PRA) Q2 Earnings and Revenues Beat Estimates

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance, an industry-leading specialty insurer with extensive expertise in medical professional liability, today reported Q2 2024 results.

ProAssurance Reports Results for Second Quarter 2024

ProAssurance's (PRA) second-quarter results are likely to reflect growing investment income.

ProAssurance (PRA) Q2 Earnings: Profit Climb or Slippery Slope?

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for ProAssurance (PRA), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.

ProAssurance (PRA) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

ProAssurance (PRA) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

ProAssurance (PRA) Moves 12.6% Higher: Will This Strength Last?

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Corporation (NYSE: PRA) will issue its news release and file its Form 10-Q regarding second quarter 2024 results after the market closes on Thursday, August 8, 2024. The release and 10-Q will be available on the Company's website at investor.proassurance.com. ProAssurance will conduct its quarterly conference call with analysts and investors to discuss the results and other information on Friday, August 9, 2024, at 10:30 a.m. ET. Preregistration f.

ProAssurance to Announce Second Quarter 2024 Results on Thursday, August 8, 2024

HCI Group

Palomar

Root

We have narrowed our search to five P&C insurers with strong potential for the rest of 2024. These stocks are: HCI, RLI, PLMR, PRA, ROOT.

5 Property & Casualty Insurers to Buy for Sparkling Returns

ProAssurance (PRA) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Here's Why ProAssurance (PRA) Is a Great 'Buy the Bottom' Stock Now

The heavy selling pressure might have exhausted for ProAssurance (PRA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Down -14.08% in 4 Weeks, Here's Why ProAssurance (PRA) Looks Ripe for a Turnaround

Thanks to its cost-controlling efforts, ProAssurance's (PRA) expenses are expected to decline in the coming quarters.

News for ProAssurance Stock (PRA)