Janney initiated coverage on ProAssurance with a new price target
$PRA
Property-Casualty Insurers
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Janney initiated coverage of ProAssurance with a rating of Neutral and set a new price target of $21.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/11/2024 | $18.00 | Overweight → Neutral | Piper Sandler |
| 2/24/2023 | $21.00 | Neutral | Janney |
| 8/10/2021 | $23.00 → $26.00 | Neutral → Overweight | Piper Sandler |
ProAssurance Corporation (NYSE:PRA), an industry-leading specialty insurer with extensive expertise in medical professional liability and a core small-cap value equity in the financials sector, today reported net income of $16.4 million, or $0.32 per diluted share, and operating income(1) of $17.3 million, or $0.34 per diluted share, for the three months ended September 30, 2024. Third Quarter 2024(2) Specialty P&C segment combined ratio of 99.5% demonstrates progress resulting from management's ongoing actions focused on achieving sustained profitability Net investment income increased 14% as we take advantage of the current interest rate environment as the portfolio matures Earning
Investor call to be held at 10:00 a.m. ET on Friday, November 8 ProAssurance Corporation (NYSE:PRA) will issue its news release and file its Form 10-Q regarding third quarter 2024 results after the market closes on Thursday, November 7, 2024. The release and 10-Q will be available on the Company's website at investor.proassurance.com. ProAssurance will conduct its quarterly conference call with analysts and investors to discuss the results and other information on Friday, November 8, 2024, at 10:00 a.m. ET. Preregistration for the call is available here and the dial-in numbers are (833) 470-1428 (toll free) or (404) 975-4839, access code 070621. Investors are encouraged to listen to the
PHILADELPHIA, PA / ACCESSWIRE / September 10, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (the "Fund"), has declared a cash distribution of $0.328125 per share of the Fund's 5.250% Series A Perpetual Preferred Shares (NYSE:ACP) ("Series A Preferred Shares"). The distribution is payable on September 30, 2024, to holders of Series A Preferred Shares of record on September 20, 2024 (ex-dividend date September 20, 2024).The Series A Preferred Shares trade on the NYSE under the symbol "ACP PRA", are rated "A2" by Moody's Investors Service and have an annual dividend rate of $1.3125 per share. The Series A Preferred Shares were issued on May 10, 2021, at $25.00 per share an
4 - PROASSURANCE CORP (0001127703) (Issuer)
4 - PROASSURANCE CORP (0001127703) (Issuer)
4 - PROASSURANCE CORP (0001127703) (Issuer)
Piper Sandler downgraded ProAssurance from Overweight to Neutral and set a new price target of $18.00
Janney initiated coverage of ProAssurance with a rating of Neutral and set a new price target of $21.00
Piper Sandler upgraded ProAssurance from Neutral to Overweight and set a new price target of $26.00 from $23.00 previously
PICA Group, part of the ProAssurance family of companies, announced today the retirement of Dr. Ross E. Taubman, DPM. effective March 31, 2024, after 12 years of dedicated service. During his tenure, Dr. Taubman has been a valuable leader of the PICA Group team, overseeing PICA and OUM since he joined the company in 2011, as well as assuming responsibility as the head of PICA Group's additional business units, DentistCare and LawyerCare, in 2019. Throughout his time as President, Dr. Taubman demonstrated exceptional strategic vision and a passion for innovation. His commitment has helped PICA Group expand its market presence and deliver exceptional results. Under his guidance, PICA has
BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Board of Directors of ProAssurance Corporation (NYSE:PRA) has declared a cash dividend of $0.05 per common share, payable on January 7, 2021 to shareholders who own our stock as of December 22, 2020. For 2020, our dividend policy anticipates a total annual dividend of $0.72 per share. On an annualized basis going forward, our policy anticipates annual dividends of $0.20 per share to be paid in equal quarterly installments. However, any decision to pay future cash dividends will be subject to the Board’s final determination after a comprehensive review of the company’s financial performance, future expectations, and other factors deemed relev
JMP Securities analyst Matthew Carletti maintains ProAssurance (NYSE:PRA) with a Market Outperform and lowers the price target from $22 to $20.
In the latest quarter, 5 analysts provided ratings for ProAssurance (NYSE:PRA), showcasing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 3 2 0 0 Last 30D 0 0 1 0 0 1M Ago 0 1 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 2 1 0 0 Analysts have recently evaluated ProAssurance and provided 12-month price targets. The average target is $17.8, accompanied by a high estimate of $22.00 and a low estimate of $14.00. Observing a 4.71% increase, the current a
Truist Securities analyst Mark Hughes maintains ProAssurance (NYSE:PRA) with a Hold and raises the price target from $14 to $16.
8-K - PROASSURANCE CORP (0001127703) (Filer)
10-Q - PROASSURANCE CORP (0001127703) (Filer)
8-K - PROASSURANCE CORP (0001127703) (Filer)
SC 13G/A - PROASSURANCE CORP (0001127703) (Subject)
SC 13G - PROASSURANCE CORP (0001127703) (Subject)
SC 13G - PROASSURANCE CORP (0001127703) (Subject)
ProAssurance Corporation (NYSE:PRA), an industry-leading specialty insurer with extensive expertise in medical professional liability and a core small-cap value equity in the financials sector, today reported net income of $16.4 million, or $0.32 per diluted share, and operating income(1) of $17.3 million, or $0.34 per diluted share, for the three months ended September 30, 2024. Third Quarter 2024(2) Specialty P&C segment combined ratio of 99.5% demonstrates progress resulting from management's ongoing actions focused on achieving sustained profitability Net investment income increased 14% as we take advantage of the current interest rate environment as the portfolio matures Earning
Investor call to be held at 10:00 a.m. ET on Friday, November 8 ProAssurance Corporation (NYSE:PRA) will issue its news release and file its Form 10-Q regarding third quarter 2024 results after the market closes on Thursday, November 7, 2024. The release and 10-Q will be available on the Company's website at investor.proassurance.com. ProAssurance will conduct its quarterly conference call with analysts and investors to discuss the results and other information on Friday, November 8, 2024, at 10:00 a.m. ET. Preregistration for the call is available here and the dial-in numbers are (833) 470-1428 (toll free) or (404) 975-4839, access code 070621. Investors are encouraged to listen to the
PHILADELPHIA, PA / ACCESSWIRE / September 10, 2024 / The Board of Trustees of abrdn Income Credit Strategies Fund (the "Fund"), has declared a cash distribution of $0.328125 per share of the Fund's 5.250% Series A Perpetual Preferred Shares (NYSE:ACP) ("Series A Preferred Shares"). The distribution is payable on September 30, 2024, to holders of Series A Preferred Shares of record on September 20, 2024 (ex-dividend date September 20, 2024).The Series A Preferred Shares trade on the NYSE under the symbol "ACP PRA", are rated "A2" by Moody's Investors Service and have an annual dividend rate of $1.3125 per share. The Series A Preferred Shares were issued on May 10, 2021, at $25.00 per share an