Proassurance Stock Analysis
PRA Stock | USD 23.85 0.01 0.04% |
ProAssurance is fairly valued with Real Value of 23.12 and Hype Value of 23.84. The main objective of ProAssurance stock analysis is to determine its intrinsic value, which is an estimate of what ProAssurance is worth, separate from its market price. There are two main types of ProAssurance's stock analysis: fundamental analysis and technical analysis.
The ProAssurance stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and ProAssurance's ongoing operational relationships across important fundamental and technical indicators.
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ProAssurance Stock Analysis Notes
About 86.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.99. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. ProAssurance has Price/Earnings To Growth (PEG) ratio of 1.02. The entity last dividend was issued on the 28th of March 2023. The firm had 2:1 split on the 28th of December 2012. ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. The company was founded in 1976 and is headquartered in Birmingham, Alabama. Pro-Assurance Corp operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 1021 people. To find out more about ProAssurance contact Edward Rand at 205 877 4400 or learn more at https://www.proassurance.com.ProAssurance Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. ProAssurance's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding ProAssurance or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
ProAssurance has about 29.96 M in cash with (10.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.52. | |
ProAssurance has a frail financial position based on the latest SEC disclosures | |
Over 86.0% of the company shares are owned by institutional investors |
ProAssurance Upcoming and Recent Events
Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ProAssurance previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
26th of February 2024 Upcoming Quarterly Report | View | |
14th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
26th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
ProAssurance Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.22 B.ProAssurance Profitablity
The company has Net Profit Margin of 0.04 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.05 %, which entails that for every 100 dollars of revenue, it generated $0.05 of operating income.Technical Drivers
As of the 21st of July, ProAssurance holds the Downside Deviation of 0.2587, risk adjusted performance of 0.1287, and Standard Deviation of 0.4475. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ProAssurance, as well as the relationship between them.ProAssurance Price Movement Analysis
The output start index for this execution was eleven with a total number of output elements of fifty. The Simple Moving Average indicator is calculated by adding the closing price of ProAssurance for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out ProAssurance short-term fluctuations and highlight longer-term trends or cycles.
ProAssurance Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ProAssurance insiders, such as employees or executives, is commonly permitted as long as it does not rely on ProAssurance's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ProAssurance insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
ProAssurance Outstanding Bonds
ProAssurance issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ProAssurance uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ProAssurance bonds can be classified according to their maturity, which is the date when ProAssurance has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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ProAssurance Predictive Daily Indicators
ProAssurance intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ProAssurance stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
ProAssurance Forecast Models
ProAssurance's time-series forecasting models are one of many ProAssurance's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ProAssurance's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About ProAssurance Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how ProAssurance prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ProAssurance shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as ProAssurance. By using and applying ProAssurance Stock analysis, traders can create a robust methodology for identifying ProAssurance entry and exit points for their positions.
ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. The company was founded in 1976 and is headquartered in Birmingham, Alabama. Pro-Assurance Corp operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 1021 people.
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When running ProAssurance's price analysis, check to measure ProAssurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProAssurance is operating at the current time. Most of ProAssurance's value examination focuses on studying past and present price action to predict the probability of ProAssurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProAssurance's price. Additionally, you may evaluate how the addition of ProAssurance to your portfolios can decrease your overall portfolio volatility.
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