ProAssurance (PRA) Scheduled to Post Earnings on Wednesday

ProAssurance (NYSE:PRA) will be announcing its earnings results after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.62 per share for the quarter.

Shares of ProAssurance (NYSE:PRA) opened at $52.15 on Tuesday. ProAssurance has a fifty-two week low of $50.35 and a fifty-two week high of $63.45. The firm has a market cap of $2,790.00, a price-to-earnings ratio of 19.31 and a beta of 0.47. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.40 and a quick ratio of 0.40.

In other news, Chairman William Stancil Starnes sold 2,442 shares of the firm’s stock in a transaction 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 sale, the chairman now directly owns 324,895 shares in the company, valued at approximately $17,869,225. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 39,074 shares of company stock worth $2,149,329 over the last 90 days. Company insiders own 1.80% of the company’s stock.

A number of equities research analysts have recently weighed in on PRA shares. Zacks Investment Research lowered shares of ProAssurance from a “buy” rating to a “hold” rating in a report on Monday, January 22nd. Boenning Scattergood restated a “hold” rating on shares of ProAssurance in a report on Tuesday, November 7th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $61.00 price objective on shares of ProAssurance in a report on Wednesday, December 6th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. ProAssurance has a consensus rating of “Hold” and a consensus price target 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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