Proassurance Corporation Intrinsic Value – ProAssurance Set to Release Q2 Earnings Results on Tuesday, August 8th

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PROASSURANCE ($NYSE:PRA): ProAssurance Corporation is a publicly traded specialty insurer that provides professional liability insurance to healthcare professionals and facilities. The company is headquartered in Birmingham, Alabama, with offices throughout the United States. It is listed on the New York Stock Exchange under the ticker symbol PRA. Investors will be waiting with anticipation to see how the company has performed over the past three months. Analysts will be closely examining the numbers to get a better understanding of ProAssurance’s financial health.

The company’s stock price will likely be influenced by the results of its quarterly earnings report. It remains to be seen how ProAssurance’s earnings report will affect its stock price. Regardless of the outcome, analysts and investors will be closely following the company’s results and gauging its performance and prospects for the future.

Earnings

As of March 31 2021, the company earned a total revenue of 213.23M USD and a net income of 7.74M USD. Compared to the same quarter in the previous year, this was a 22.6% decrease in total revenue and a 317.4% decrease in net income. However, PROASSURANCE CORPORATION has seen growth in total revenue over the last three years, climbing from 213.23M USD to 273.8M USD.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Proassurance Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Proassurance Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Proassurance Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Proassurance Corporation are shown below. More…

Share Price

The announcement is likely to have a significant impact on the company’s stock prices. Yesterday, PROASSURANCE CORPORATION stock opened at $16.6 and closed at $16.7, marking an increase of 0.1% from the prior closing price of 16.7. The current market sentiment suggests that investors are expecting a positive outcome from the earnings report, with a favorable market reception to the announcement likely to result in a further increase in stock prices.

For shareholders and investors, this could be a great opportunity to capitalize on the market’s confidence in PROASSURANCE CORPORATION. It remains to be seen how the company’s performance in the second quarter will affect its stock prices. Live Quote…

Analysis – Proassurance Corporation Intrinsic Value

At GoodWhale, we have thoroughly analyzed the fundamentals of PROASSURANCE CORPORATION and come to the conclusion that its fair value is around $13.5. This assessment was calculated using our proprietary Valuation Line. Currently, PROASSURANCE CORPORATION’s stock is traded at $16.7, which means it is overvalued by 23.8%. We suggest investors exercise caution when considering buying the stock at the current price. More…

Peers

It offers professional liability, surety, products liability, and other lines of insurance services. Its competitors include Kinsale Capital Group Inc, Horace Mann Educators Corp, and Meritz Fire & Marine Insurance Co Ltd, all of which are also engaged in the property and casualty insurance sector.

– Kinsale Capital Group Inc ($NYSE:KNSL)

Kinsale Capital Group Inc is a specialty insurance and reinsurance provider that operates in both the U.S. and Bermuda markets. As of 2022, the company had a market capitalization of 6.48 billion dollars, reflecting its size and value in the industry. Kinsale Capital Group Inc’s Return on Equity (ROE) of 17.1% is also favorable, indicating that the company is managing its resources efficiently and returning a good amount of value to its shareholders. In addition, Kinsale Capital Group Inc is actively engaged in risk management and provides innovative solutions tailored to its clients’ needs.

– Horace Mann Educators Corp ($NYSE:HMN)

Horace Mann Educators Corporation is a publicly traded insurance company that specializes in providing a range of insurance and financial products to teachers and educators. The company has a market capitalization of 1.55 billion as of 2022, indicating that it is one of the larger companies in the insurance sector. In addition, the company has a Return on Equity of 4.11%, which is lower than the industry average of 7.19%, but still indicates that the company is making money. This suggests that the company is successfully managing its assets and investments and is fairly successful in terms of returns on investments.

– Meritz Fire & Marine Insurance Co Ltd ($KOSE:000060)

Meritz Fire & Marine Insurance Co Ltd is a leading provider of property and casualty insurance in South Korea. As of 2022, the company has a market capitalization of 5T and a Return on Equity of 23.55%. Meritz Fire & Marine Insurance provides comprehensive insurance solutions to individuals, businesses, and governmental agencies. The company offers a wide range of products including personal and commercial property insurance, fire insurance, marine insurance, and other liability insurance coverage. Meritz Fire & Marine Insurance’s strong market capitalization and high Return on Equity provides investors with confidence in the company’s ability to generate returns.

Summary

PROASSURANCE CORPORATION is an insurance holding company that provides specialized property and casualty insurance products in the United States. Investors should take note of the company’s upcoming earnings report being released on Tuesday, August 8th. Analysts are expecting an overall positive performance from the company, with revenue and EPS estimates increasing quarter-over-quarter. The stock is trading at a relatively low P/E ratio, indicating potential long-term upside for investors.

Its recent insider buying activity suggests that management is confident in the company’s future prospects. It is important for investors to pay attention to the company’s guidance in its upcoming earnings call, as well as any changes in its dividend payout or share repurchasing programs. Overall, PROASSURANCE CORPORATION looks to be a strong investment opportunity for those looking for exposure to the insurance sector.