Analysts See $0.47 EPS for ProAssurance Corporation (PRA)

October 13, 2017 - By Peter Erickson

 Analysts See $0.47 EPS for ProAssurance Corporation (PRA)
Investors sentiment decreased to 1.11 in Q2 2017. Its down 0.22, from 1.33 in 2017Q1. It dropped, as 23 investors sold ProAssurance Corporation shares while 72 reduced holdings. 31 funds opened positions while 74 raised stakes. 42.58 million shares or 0.63% more from 42.31 million shares in 2017Q1 were reported.
Moreover, Eulav Asset Management has 0.17% invested in ProAssurance Corporation (NYSE:PRA). The Ontario – Canada-based Commercial Bank Of Montreal Can has invested 0.01% in ProAssurance Corporation (NYSE:PRA). Suntrust Banks stated it has 28,888 shares. Paloma Co has invested 0.01% of its portfolio in ProAssurance Corporation (NYSE:PRA). Citigroup, a New York-based fund reported 74,787 shares. Sva Plumb Wealth Mngmt Limited Liability Co accumulated 9,553 shares. Rhumbline Advisers has invested 0.02% in ProAssurance Corporation (NYSE:PRA). Employees Retirement System Of Texas holds 0.03% or 31,000 shares. Moreover, Fund Mngmt has 0.01% invested in ProAssurance Corporation (NYSE:PRA). Brinker Capital owns 0.04% invested in ProAssurance Corporation (NYSE:PRA) for 12,556 shares. Timessquare Capital Mgmt Ltd Liability reported 2.01 million shares. Texas Permanent School Fund holds 0.03% or 38,985 shares. Utd Advisers Ltd Liability Com reported 4,519 shares or 0% of all its holdings. Tiaa Cref Invest Mngmt Ltd Company owns 233,060 shares or 0.01% of their US portfolio. Rafferty Asset Management Limited Liability Corp invested 0.01% of its portfolio in ProAssurance Corporation (NYSE:PRA).

Investors wait ProAssurance Corporation (NYSE:PRA) to report on November, 1. its quarterly earnings Wall Street analysts expect $0.47 EPS, up $0.01 or 2.17 % from last year’s $0.46 same quarter earnings. This translates into $25.11 million profit for PRA giving the stock a 29.57 P/E. This is assuming the current $0.47 EPS is accurate. ProAssurance Corporation’s Wall Street analysts see 17.50 % EPS growth, taking into account the $0.40 EPS reproted in the previous quarter, The stock increased 0.36% or $0.2 during the last trading session, reaching $55.6. About 102,222 shares traded. ProAssurance Corporation (NYSE:PRA) has risen 27.28% since October 13, 2016 and is uptrending. It has outperformed by 10.58% the S&P500.

ProAssurance Corporation (NYSE:PRA) Ratings Coverage

Among 4 analysts covering ProAssurance (NYSE:PRA), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. ProAssurance had 5 analyst reports since January 21, 2016 according to SRatingsIntel. The stock has “Hold” rating by Boenning & Scattergood on Tuesday, August 1. As per Thursday, January 21, the company rating was upgraded by Suntrust Robinson. SunTrust upgraded ProAssurance Corporation (NYSE:PRA) on Thursday, January 21 to “Buy” rating. Keefe Bruyette & Woods maintained ProAssurance Corporation (NYSE:PRA) rating on Wednesday, September 20. Keefe Bruyette & Woods has “Hold” rating and $61.0 target. Keefe Bruyette & Woods maintained the shares of PRA in report on Thursday, August 17 with “Hold” rating.

ProAssurance Corporation is a holding firm for property and casualty insurance companies. The company has market cap of $2.97 billion. The Firm 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. It has a 19.89 P/E ratio. The Firm operates through four divisions.

More important recent ProAssurance Corporation (NYSE:PRA) news were published by: Seekingalpha.com which released: “ProAssurance’s (PRA) CEO Stan Starnes on Q2 2017 Results – Earnings Call …” on August 08, 2017, also Prnewswire.com published article titled: “ProAssurance Reports Preliminary Loss Estimates from Recent Storms”, Prnewswire.com published: “ProAssurance Corporation Announces Dates for Third Quarter 2017 Earnings …” on October 06, 2017. More interesting news about ProAssurance Corporation (NYSE:PRA) was released by: Nasdaq.com and their article: “Should Investors Avoid ProAssurance (PRA) Stock Now?” with publication date: September 25, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.