ProAssurance (PRA) Stock Forecast, Price Target & Predictions
PRA Stock Forecast
ProAssurance stock forecast is as follows: an average price target of $18.33 (represents a 12.87% upside from PRA’s last price of $16.24) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
PRA Price Target
The average price target for ProAssurance (PRA) is $18.33 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $17.00. This represents a potential 12.87% upside from PRA's last price of $16.24.
PRA Analyst Ratings
According to 3 Wall Street analysts, ProAssurance's rating consensus is 'Buy'. The analyst rating breakdown for PRA stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
ProAssurance Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 11, 2024 | Mark Hughes | Truist Financial | $18.00 | $17.31 | 3.99% | 10.84% |
| Jul 17, 2024 | Matthew Carletti | JMP Securities | $20.00 | $11.86 | 68.63% | 23.15% |
| May 15, 2024 | Paul Newsome | Piper Sandler | $17.00 | $14.72 | 15.49% | 4.68% |
The latest ProAssurance stock forecast, released on Nov 11, 2024 by Mark Hughes from Truist Financial, set a price target of $18.00, which represents a 3.99% increase from the stock price at the time of the forecast ($17.31), and a 10.84% increase from PRA last price ($16.24).
ProAssurance Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 3 |
| Avg Price Target | $18.00 | $18.00 | $18.33 |
| Last Closing Price | $16.24 | $16.24 | $16.24 |
| Upside/Downside | 10.84% | 10.84% | 12.87% |
In the current month, the average price target of ProAssurance stock is $18.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 10.84% increase as opposed to ProAssurance's last price of $16.24. This month's average price target is down 0.00% compared to last quarter, and down -1.80% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 17, 2024 | JMP Securities | Outperform | Outperform | Hold |
| May 15, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| May 08, 2024 | Truist Financial | Market Outperform | Market Outperform | Hold |
| Apr 15, 2024 | Piper Sandler | Market Outperform | Market Outperform | Hold |
ProAssurance's last stock rating was published by JMP Securities on Jul 17, 2024. The company gave PRA a "Outperform" rating, the same as its previous rate.
ProAssurance Financial Forecast
ProAssurance Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $275.81M | $291.83M | $273.80M | $295.77M | $279.94M | $250.65M | $275.45M | $298.05M | $294.46M | $269.70M | $213.23M | $207.54M | $222.04M | $247.10M | $198.26M | $252.29M | $243.15M |
| Avg Forecast | $219.89M | $218.14M | $216.19M | $217.40M | $228.28M | $226.60M | $225.29M | $226.01M | $228.42M | $231.13M | $235.61M | $233.62M | $252.74M | $241.12M | $237.33M | $246.99M | $258.68M | $262.18M | $291.57M | $277.19M | $247.94M | $245.46M | $213.12M | $183.55M | $190.64M | $191.30M | $202.32M | $209.97M | $211.07M | $212.70M |
| High Forecast | $228.55M | $226.73M | $224.71M | $225.97M | $237.27M | $235.53M | $234.17M | $234.68M | $236.42M | $240.24M | $235.61M | $233.62M | $260.87M | $241.12M | $246.67M | $256.72M | $268.86M | $262.18M | $291.57M | $277.19M | $247.94M | $245.46M | $213.12M | $183.55M | $190.64M | $191.30M | $202.32M | $209.97M | $211.07M | $212.70M |
| Low Forecast | $203.70M | $202.07M | $200.27M | $201.39M | $211.46M | $209.91M | $208.70M | $207.33M | $210.67M | $214.11M | $235.61M | $233.62M | $230.64M | $241.12M | $219.85M | $228.80M | $239.62M | $262.18M | $291.57M | $277.19M | $247.94M | $245.46M | $213.12M | $183.55M | $190.64M | $191.30M | $202.32M | $209.97M | $211.07M | $212.70M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 3 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 15 | 9 | 9 | 16 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 1.23% | 1.11% | 1.14% | 1.07% | 0.86% | 0.99% | 1.20% | 1.20% | 1.27% | 1.16% | 1.09% | 1.16% | 1.22% | 0.94% | 1.20% | 1.14% |
ProAssurance's average Quarter revenue forecast for Dec 23 based on 4 analysts is $252.74M, with a low forecast of $230.64M, and a high forecast of $260.87M. PRA's average Quarter revenue forecast represents a -8.36% decrease compared to the company's last Quarter revenue of $275.81M (Sep 23).
ProAssurance EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 3 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 15 | 9 | 9 | 16 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-49.61M | $8.56M | $4.79M | $28.27M | $3.35M | $11.39M | $9.21M | $53.95M | $27.99M | $103.23M | $18.41M | $9.05M | $-137.61M | $-47.98M | $-25.17M | $-80.80M | $19.20M |
| Avg Forecast | $2.14M | $2.13M | $2.11M | $2.12M | $2.23M | $2.21M | $2.20M | $2.20M | $2.23M | $2.25M | $2.30M | $13.63M | $2.46M | $2.35M | $2.31M | $12.39M | $87.97M | $-3.65M | $-4.06M | $11.26M | $-3.45M | $-3.42M | $-2.97M | $20.25M | $-2.65M | $-2.66M | $-2.82M | $-54.36M | $-2.94M | $-2.96M |
| High Forecast | $2.23M | $2.21M | $2.19M | $2.20M | $2.31M | $2.30M | $2.28M | $2.29M | $2.31M | $2.34M | $2.30M | $16.35M | $2.54M | $2.35M | $2.41M | $14.87M | $105.57M | $-3.65M | $-4.06M | $13.51M | $-3.45M | $-3.42M | $-2.97M | $24.29M | $-2.65M | $-2.66M | $-2.82M | $-43.49M | $-2.94M | $-2.96M |
| Low Forecast | $1.99M | $1.97M | $1.95M | $1.96M | $2.06M | $2.05M | $2.04M | $2.02M | $2.05M | $2.09M | $2.30M | $10.90M | $2.25M | $2.35M | $2.14M | $9.91M | $70.38M | $-3.65M | $-4.06M | $9.01M | $-3.45M | $-3.42M | $-2.97M | $16.20M | $-2.65M | $-2.66M | $-2.82M | $-65.23M | $-2.94M | $-2.96M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -21.10% | 3.70% | 0.39% | 0.32% | -0.92% | -2.81% | 0.82% | -15.64% | -8.19% | -34.81% | 0.91% | -3.41% | 51.69% | 17.04% | 0.46% | 27.51% | -6.49% |
2 analysts predict PRA's average Quarter EBITDA for Sep 23 to be $2.35M, with a high of $2.35M and a low of $2.35M. This is -72.53% lower than ProAssurance's previous annual EBITDA (Jun 23) of $8.56M.
ProAssurance Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 3 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 15 | 9 | 9 | 16 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-49.43M | $10.63M | $-6.17M | $13.94M | $-9.13M | $-1.66M | $-3.56M | $32.14M | $12.20M | $92.05M | $7.74M | $14.30K | $-149.98M | $-18.10M | $-21.95M | $-59.37M | $17.19M |
| Avg Forecast | $14.10M | $13.84M | $13.33M | $11.54M | $12.14M | $11.45M | $10.26M | $9.57M | $9.33M | $7.23M | $5.52M | $-5.26M | $2.87M | $7.91M | $5.01M | $-4.79M | $52.41M | $10.32M | $6.00M | $-4.35M | $8.69M | $8.16M | $3.20M | $8.51M | $2.46M | $5.68M | $-38.06M | $-47.42M | $-79.80M | $7.11M |
| High Forecast | $14.82M | $14.55M | $14.01M | $12.13M | $12.76M | $12.04M | $10.78M | $11.96M | $11.08M | $7.51M | $5.53M | $-4.21M | $5.02M | $7.92M | $5.26M | $-3.83M | $62.89M | $10.32M | $6.00M | $-3.48M | $8.69M | $8.16M | $3.20M | $10.21M | $2.46M | $5.68M | $-38.06M | $-37.94M | $-79.80M | $7.11M |
| Low Forecast | $12.75M | $12.52M | $12.06M | $10.43M | $10.97M | $10.36M | $9.27M | $5.98M | $7.58M | $6.95M | $5.51M | $-6.32M | $717.45K | $7.91M | $4.53M | $-5.74M | $41.93M | $10.32M | $6.00M | $-5.22M | $8.69M | $8.16M | $3.20M | $6.81M | $2.46M | $5.68M | $-38.06M | $-56.90M | $-79.80M | $7.11M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -6.25% | 2.12% | 1.29% | 0.27% | -0.88% | -0.28% | 0.82% | 3.70% | 1.50% | 28.74% | 0.91% | 0.01% | -26.39% | 0.48% | 0.46% | 0.74% | 2.42% |
ProAssurance's average Quarter net income forecast for Sep 23 is $7.91M, with a range of $7.91M to $7.92M. PRA's average Quarter net income forecast represents a -25.52% decrease compared to the company's last Quarter net income of $10.63M (Jun 23).
ProAssurance SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 3 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 15 | 9 | 9 | 16 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $19.71M | $19.55M | $19.38M | $19.49M | $20.46M | $20.31M | $20.20M | $20.26M | $20.48M | $20.72M | $21.12M | $20.94M | $22.66M | $21.61M | $21.27M | $22.14M | $23.19M | $31.15M | $34.65M | $32.94M | $29.46M | $29.17M | $25.32M | $21.81M | $22.65M | $22.73M | $24.04M | $24.95M | $25.08M | $25.27M |
| High Forecast | $20.49M | $20.32M | $20.14M | $20.26M | $21.27M | $21.11M | $20.99M | $21.04M | $21.19M | $21.54M | $21.12M | $20.94M | $23.38M | $21.61M | $22.11M | $23.01M | $24.10M | $31.15M | $34.65M | $32.94M | $29.46M | $29.17M | $25.32M | $21.81M | $22.65M | $22.73M | $24.04M | $24.95M | $25.08M | $25.27M |
| Low Forecast | $18.26M | $18.11M | $17.95M | $18.05M | $18.96M | $18.82M | $18.71M | $18.59M | $18.88M | $19.19M | $21.12M | $20.94M | $20.67M | $21.61M | $19.71M | $20.51M | $21.48M | $31.15M | $34.65M | $32.94M | $29.46M | $29.17M | $25.32M | $21.81M | $22.65M | $22.73M | $24.04M | $24.95M | $25.08M | $25.27M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
ProAssurance's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to PRA last annual SG&A of $NaN (undefined).
ProAssurance EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 3 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 15 | 9 | 9 | 16 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.95 | $0.20 | $-0.11 | $0.26 | $-0.17 | $-0.03 | $-0.07 | $0.60 | $0.23 | $1.71 | $0.14 | - | $-2.78 | $-0.34 | $-0.41 | $-1.10 | $0.32 |
| Avg Forecast | $0.28 | $0.27 | $0.26 | $0.23 | $0.24 | $0.22 | $0.20 | $0.19 | $0.18 | $0.14 | $0.11 | $0.06 | $0.06 | $0.15 | $0.10 | $0.19 | $0.19 | $0.20 | $0.12 | $0.18 | $0.17 | $0.16 | $0.06 | $0.02 | $0.05 | $0.11 | $-0.74 | $0.05 | $-1.56 | $0.14 |
| High Forecast | $0.29 | $0.28 | $0.27 | $0.24 | $0.25 | $0.23 | $0.21 | $0.23 | $0.22 | $0.15 | $0.11 | $0.06 | $0.10 | $0.15 | $0.10 | $0.20 | $0.20 | $0.20 | $0.12 | $0.18 | $0.17 | $0.16 | $0.06 | $0.02 | $0.05 | $0.11 | $-0.74 | $0.05 | $-1.56 | $0.14 |
| Low Forecast | $0.25 | $0.24 | $0.24 | $0.20 | $0.21 | $0.20 | $0.18 | $0.12 | $0.15 | $0.14 | $0.11 | $0.06 | $0.01 | $0.15 | $0.09 | $0.17 | $0.17 | $0.20 | $0.12 | $0.18 | $0.17 | $0.16 | $0.06 | $0.02 | $0.05 | $0.11 | $-0.74 | $0.05 | $-1.56 | $0.14 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -6.15% | 2.05% | -0.58% | 1.34% | -0.84% | -0.26% | -0.36% | 3.54% | 1.44% | 27.28% | 7.64% | 0.01% | -25.06% | 0.46% | -8.87% | 0.71% | 2.30% |
According to 2 Wall Street analysts, ProAssurance's projected average Quarter EPS for Sep 23 is $0.15, with a low estimate of $0.15 and a high estimate of $0.15. This represents a -22.83% decrease compared to PRA previous annual EPS of $0.20 (Jun 23).