ProAssurance Stock Target Price and Analyst Consensus

PRA Stock  USD 13.95  0.12  0.87%   
The current analyst and expert consensus on ProAssurance is Buy, with no strong buy opinions. The current projected ProAssurance target price consensus is 20.50 with 5 analyst opinions. The most common way ProAssurance analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview ProAssurance executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on ProAssurance. We strongly encourage you to use your own analysis of ProAssurance to validate this buy or sell advice. ProAssurance buy-or-sell recommendation module provides average expert sentiment on the projected ProAssurance target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on ProAssurance to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade ProAssurance Stock refer to our How to Trade ProAssurance Stock guide.
Lowest Forecast
18.66
Highest Forecast
22.76
Target Price
20.5
As of May 6, 2024, Gross Profit is expected to decline to about 648 M. The current year's Pretax Profit Margin is expected to grow to -0.03. At present, ProAssurance's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 48.3 M, whereas Total Assets are forecasted to decline to about 3.8 B.
  
It's important to approach ProAssurance's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

ProAssurance Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ProAssurance target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. ProAssurance's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   5  Buy
Most ProAssurance analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand ProAssurance stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of ProAssurance, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

ProAssurance Target Price Projection

ProAssurance's current and average target prices are 13.95 and 20.50, respectively. The current price of ProAssurance is the price at which ProAssurance is currently trading. On the other hand, ProAssurance's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

ProAssurance Market Quote on 6th of May 2024

Low Price13.64Odds
High Price14.15Odds

13.95

Target Price

Analyst Consensus On ProAssurance Target Price

Low Estimate18.66Odds
High Estimate22.76Odds

20.5

Historical Lowest Forecast  18.66 Target Price  20.5 Highest Forecast  22.76
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on ProAssurance and the information provided on this page.

ProAssurance Analyst Ratings

ProAssurance's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about ProAssurance stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of ProAssurance's financials, market performance, and future outlook by experienced professionals. ProAssurance's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize ProAssurance price targets

ProAssurance's stock target price is an estimate of its future price, usually made by analysts. Using ProAssurance's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at ProAssurance's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if ProAssurance's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional ProAssurance Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of ProAssurance is a key component of ProAssurance valuation and have some predictive power on the future returns of a ProAssurance.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ProAssurance's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
11.5213.9616.40
Details
Intrinsic
Valuation
LowRealHigh
12.5616.9719.41
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.060.13
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ProAssurance. Your research has to be compared to or analyzed against ProAssurance's peers to derive any actionable benefits. When done correctly, ProAssurance's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ProAssurance.

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When determining whether ProAssurance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProAssurance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proassurance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Proassurance Stock:
Check out Macroaxis Advice on ProAssurance to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade ProAssurance Stock refer to our How to Trade ProAssurance Stock guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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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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The data published in ProAssurance's official financial statements usually reflect ProAssurance's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of ProAssurance. For example, before you start analyzing numbers published by ProAssurance accountants, it's critical to develop an understanding of what ProAssurance's liquidity, profitability, and earnings quality are in the context of the Insurance space in which it operates.
Please note, the presentation of ProAssurance's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ProAssurance's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in ProAssurance's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ProAssurance. Please utilize our Beneish M Score to check the likelihood of ProAssurance's management manipulating its earnings.