ProAssurance (PRA) Stock Forecast, Price Target & Predictions
PRA Stock Forecast
ProAssurance stock forecast is as follows: an average price target of $18.50 (represents a 42.31% upside from PRA’s last price of $13.00) 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 $18.50 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 42.31% upside from PRA's last price of $13.00.
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 |
|---|---|---|---|---|---|---|
| Jul 17, 2024 | Matthew Carletti | JMP Securities | $20.00 | $11.86 | 68.63% | 53.85% |
| May 15, 2024 | Paul Newsome | Piper Sandler | $17.00 | $14.72 | 15.49% | 30.77% |
The latest ProAssurance stock forecast, released on Jul 17, 2024 by Matthew Carletti from JMP Securities, set a price target of $20.00, which represents a 68.63% increase from the stock price at the time of the forecast ($11.86), and a 53.85% increase from PRA last price ($13.00).
ProAssurance Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $20.00 | $18.50 |
| Last Closing Price | $13.00 | $13.00 | $13.00 |
| Upside/Downside | -100.00% | 53.85% | 42.31% |
In the current month, the average price target of ProAssurance stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to ProAssurance's last price of $13.00. This month's average price target is down -100.00% compared to last quarter, and down -100.00% 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $275.81M | $291.83M | $273.80M | $295.77M | $279.94M | - | $275.45M | $298.05M | $294.46M | $269.70M | $213.23M | $207.54M | $222.04M | $247.10M | $198.26M | $252.29M | $243.15M | $244.77M | $269.69M | $182.78M | $244.10M |
| Avg Forecast | $233.67M | $231.21M | $230.17M | $230.30M | $231.85M | $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 | $218.11M | $205.18M | $204.71M | $203.49M |
| High Forecast | $236.20M | $233.71M | $232.66M | $232.79M | $234.36M | $240.32M | $238.16M | $236.14M | $260.87M | $243.73M | $239.89M | $249.66M | $261.47M | $265.02M | $291.57M | $284.27M | $254.27M | $251.73M | $218.56M | $188.23M | $195.51M | $196.18M | $207.49M | $215.33M | $216.46M | $218.13M | $223.67M | $210.41M | $245.65M | $244.19M |
| Low Forecast | $231.00M | $228.56M | $227.54M | $227.67M | $229.20M | $208.23M | $232.92M | $230.94M | $230.64M | $238.36M | $234.61M | $244.16M | $255.72M | $259.18M | $291.57M | $265.51M | $237.49M | $235.12M | $204.14M | $175.81M | $182.61M | $183.24M | $193.80M | $201.12M | $202.17M | $203.74M | $208.91M | $196.53M | $163.77M | $162.80M |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 16 | 11 | 8 | 8 | 12 | 7 | 12 | 7 | 7 | 17 | 20 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.14% | 1.23% | 1.11% | 1.14% | 1.07% | - | 0.99% | 1.20% | 1.20% | 1.27% | 1.16% | 1.09% | 1.16% | 1.22% | 0.94% | 1.20% | 1.14% | 1.12% | 1.31% | 0.89% | 1.20% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 16 | 11 | 8 | 8 | 12 | 7 | 12 | 7 | 7 | 17 | 20 |
| EBITDA | - | - | - | - | - | - | - | - | - | $-49.61M | $8.56M | $4.79M | $28.27M | $3.35M | - | $9.21M | $53.95M | $27.99M | $103.23M | $18.41M | $9.05M | $-137.61M | $-47.98M | $-25.17M | $-80.80M | $19.20M | $20.12M | $47.98M | $-28.98M | $40.13M |
| Avg Forecast | $-3.25M | $-3.22M | $-3.20M | $-3.20M | $-3.23M | $-3.22M | $-3.28M | $13.63M | $-3.52M | $-3.36M | $-3.30M | $12.39M | $-3.60M | $14.82M | $-4.06M | $11.26M | $79.98M | $13.47M | $-2.97M | $20.25M | $32.58M | $-185.78M | $-57.06M | $-54.36M | $-95.82M | $14.26M | $25.87M | $76.49M | $-28.98M | $39.15M |
| High Forecast | $-3.21M | $-3.18M | $-3.17M | $-3.17M | $-3.19M | $-2.90M | $-3.24M | $16.35M | $-3.21M | $-3.32M | $-3.26M | $14.87M | $-3.56M | $17.78M | $-4.06M | $13.51M | $95.97M | $16.16M | $-2.84M | $24.29M | $39.09M | $-148.62M | $-45.65M | $-43.49M | $-76.66M | $17.12M | $31.05M | $91.79M | $-23.18M | $46.98M |
| Low Forecast | $-3.29M | $-3.25M | $-3.24M | $-3.24M | $-3.26M | $-3.34M | $-3.31M | $10.90M | $-3.63M | $-3.39M | $-3.34M | $9.91M | $-3.64M | $11.85M | $-4.06M | $9.01M | $63.98M | $10.78M | $-3.04M | $16.20M | $26.06M | $-222.93M | $-68.47M | $-65.23M | $-114.98M | $11.41M | $20.70M | $61.19M | $-34.77M | $31.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | 14.78% | -2.59% | 0.39% | -7.85% | 0.23% | - | 0.82% | 0.67% | 2.08% | -34.81% | 0.91% | 0.28% | 0.74% | 0.84% | 0.46% | 0.84% | 1.35% | 0.78% | 0.63% | 1.00% | 1.03% |
2 analysts predict PRA's average Quarter EBITDA for Sep 23 to be $-3.36M, with a high of $-3.32M and a low of $-3.39M. This is -139.19% lower than ProAssurance's previous annual EBITDA (Jun 23) of $8.56M.
ProAssurance Net Income Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 16 | 11 | 8 | 8 | 12 | 7 | 12 | 7 | 7 | 17 | 20 |
| Net Income | - | - | - | - | - | - | - | - | - | $-49.43M | $10.63M | $-6.17M | $13.94M | $-9.13M | - | $-3.56M | $32.14M | $12.20M | $92.05M | $7.74M | $14.30K | $-149.98M | $-18.10M | $-21.95M | $-59.37M | $17.19M | $11.54M | $31.65M | $-24.45M | $31.23M |
| Avg Forecast | $11.40M | $10.37M | $9.48M | $8.45M | $8.71M | $7.22M | $5.51M | $-5.26M | $2.87M | $7.91M | $5.00M | $-4.79M | $9.91M | $6.46M | $5.99M | $-4.35M | $47.64M | $5.87M | $510.88M | $8.51M | $51.50K | $-202.47M | $-21.52M | $-47.42M | $-70.41M | $12.77M | $14.83M | $50.46M | $-24.45M | $30.47M |
| High Forecast | $11.56M | $10.52M | $9.61M | $8.57M | $8.83M | $9.63M | $5.59M | $-4.21M | $5.02M | $8.02M | $5.07M | $-3.83M | $10.05M | $7.75M | $5.99M | $-3.48M | $57.17M | $7.05M | $613.05M | $10.21M | $61.80K | $-161.98M | $-17.22M | $-37.94M | $-56.33M | $15.33M | $17.80M | $60.55M | $-19.56M | $36.56M |
| Low Forecast | $11.23M | $10.22M | $9.34M | $8.33M | $8.58M | $3.01M | $5.43M | $-6.32M | $716.73K | $7.79M | $4.93M | $-5.74M | $9.76M | $5.17M | $5.99M | $-5.22M | $38.11M | $4.70M | $408.70M | $6.81M | $41.20K | $-242.97M | $-25.83M | $-56.90M | $-84.49M | $10.22M | $11.87M | $40.37M | $-29.34M | $24.37M |
| Surprise % | - | - | - | - | - | - | - | - | - | -6.25% | 2.13% | 1.29% | 1.41% | -1.41% | - | 0.82% | 0.67% | 2.08% | 0.18% | 0.91% | 0.28% | 0.74% | 0.84% | 0.46% | 0.84% | 1.35% | 0.78% | 0.63% | 1.00% | 1.03% |
ProAssurance's average Quarter net income forecast for Sep 23 is $7.91M, with a range of $7.79M to $8.02M. PRA's average Quarter net income forecast represents a -25.60% decrease compared to the company's last Quarter net income of $10.63M (Jun 23).
ProAssurance SG&A Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 16 | 11 | 8 | 8 | 12 | 7 | 12 | 7 | 7 | 17 | 20 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $27.77M | $27.47M | $27.35M | $27.37M | $27.55M | $27.46M | $28.00M | $27.76M | $30.03M | $28.65M | $28.20M | $29.35M | $30.74M | $31.15M | $34.65M | $24.85M | $22.23M | $22.00M | $19.10M | $16.45M | $17.09M | $17.15M | $18.14M | $18.82M | $18.92M | $19.07M | $19.55M | $18.39M | $18.35M | $18.24M |
| High Forecast | $28.07M | $27.77M | $27.65M | $27.66M | $27.85M | $28.56M | $28.30M | $28.06M | $31.00M | $28.96M | $28.51M | $29.67M | $31.07M | $31.49M | $34.65M | $25.48M | $22.79M | $22.57M | $19.59M | $16.87M | $17.53M | $17.59M | $18.60M | $19.30M | $19.40M | $19.55M | $20.05M | $18.86M | $22.02M | $21.89M |
| Low Forecast | $27.45M | $27.16M | $27.04M | $27.05M | $27.23M | $24.74M | $27.68M | $27.44M | $27.41M | $28.32M | $27.88M | $29.01M | $30.39M | $30.80M | $34.65M | $23.80M | $21.29M | $21.08M | $18.30M | $15.76M | $16.37M | $16.43M | $17.37M | $18.03M | $18.12M | $18.26M | $18.73M | $17.62M | $14.68M | $14.59M |
| 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 16 | 11 | 8 | 8 | 12 | 7 | 12 | 7 | 7 | 17 | 20 |
| EPS | - | - | - | - | - | - | - | - | - | $-0.95 | $0.20 | $-0.11 | $0.26 | $-0.17 | - | $-0.07 | $0.60 | $0.23 | $1.71 | $0.14 | - | $-2.78 | $-0.34 | $-0.41 | $-1.10 | $0.32 | $0.21 | $0.59 | $-0.46 | $0.58 |
| Avg Forecast | $0.22 | $0.20 | $0.18 | $0.17 | $0.17 | $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 | $0.15 | $0.35 | $0.18 | $0.40 |
| High Forecast | $0.23 | $0.21 | $0.19 | $0.17 | $0.17 | $0.19 | $0.11 | $0.06 | $0.10 | $0.16 | $0.10 | $0.19 | $0.20 | $0.20 | $0.12 | $0.19 | $0.18 | $0.16 | $0.06 | $0.02 | $0.05 | $0.11 | $-0.70 | $0.05 | $-1.47 | $0.14 | $0.15 | $0.36 | $0.22 | $0.48 |
| Low Forecast | $0.22 | $0.20 | $0.18 | $0.16 | $0.17 | $0.06 | $0.11 | $0.06 | $0.01 | $0.15 | $0.10 | $0.19 | $0.19 | $0.20 | $0.12 | $0.17 | $0.16 | $0.15 | $0.06 | $0.02 | $0.05 | $0.10 | $-0.77 | $0.04 | $-1.61 | $0.13 | $0.14 | $0.33 | $0.14 | $0.32 |
| Surprise % | - | - | - | - | - | - | - | - | - | -6.15% | 2.05% | -0.58% | 1.34% | -0.84% | - | -0.36% | 3.54% | 1.44% | 27.28% | 7.64% | 0.01% | -25.06% | 0.46% | -8.87% | 0.71% | 2.30% | 1.45% | 1.69% | -2.53% | 1.45% |
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 $0.16. This represents a -22.83% decrease compared to PRA previous annual EPS of $0.20 (Jun 23).
ProAssurance Peer Comparison by Price Target
PRA Forecast FAQ
Is ProAssurance a good buy?
Yes, according to 3 Wall Street analysts, ProAssurance (PRA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of PRA's total ratings.
What is PRA's price target?
ProAssurance (PRA) average price target is $18.5 with a range of $17 to $20, implying a 42.31% from its last price of $13. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will ProAssurance stock go up soon?
According to Wall Street analysts' prediction for PRA stock, the company can go up by 42.31% (from the last price of $13 to the average price target of $18.5), up by 53.85% based on the highest stock price target, and up by 30.77% based on the lowest stock price target.
Can ProAssurance stock reach $20?
PRA's average twelve months analyst stock price target of $18.5 does not support the claim that ProAssurance can reach $20 in the near future.
What are ProAssurance's analysts' financial forecasts?
ProAssurance's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $932.21M (high $948.98M, low $901.29M), average EBITDA is $3.9M (high $7.02M, low $981.3K), average net income is $16.18M (high $19.84M, low $10.7M), average SG&A $110.77M (high $112.76M, low $107.1M), and average EPS is $0.478 (high $0.53, low $0.391). PRA's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $925.35M (high $935.36M, low $914.77M), average EBITDA is $-12.877M (high $-12.73M, low $-13.016M), average net income is $39.7M (high $40.26M, low $39.11M), average SG&A $109.95M (high $111.14M, low $108.7M), and average EPS is $0.775 (high $0.786, low $0.763).
Did the PRA's actual financial results beat the analysts' financial forecasts?
Based on ProAssurance's last annual report (Dec 2023), the company's revenue was $1.14B, beating the average analysts forecast of $978.18M by 16.26%. Apple's EBITDA was $-36.975M, missing the average prediction of $2.21M by -1771.23%. The company's net income was $-38.604M, missing the average estimation of $10.99M by -451.35%. Apple's SG&A was $0, missing the average forecast of $116.23M by -100.00%. Lastly, the company's EPS was $-0.73, missing the average prediction of $0.497 by -247.00%. In terms of the last quarterly report (Sep 2023), ProAssurance's revenue was $275.81M, beating the average analysts' forecast of $241.12M by 14.38%. The company's EBITDA was $-49.609M, beating the average prediction of $-3.355M by 1378.44%. ProAssurance's net income was $-49.434M, missing the average estimation of $7.91M by -725.23%. The company's SG&A was $0, missing the average forecast of $28.65M by -100.00%. Lastly, the company's EPS was $-0.95, missing the average prediction of $0.154 by -715.48%