
ProAssurance (PRA) Stock Forecast & Price Target
ProAssurance (PRA) Analyst Ratings
Bulls say
ProAssurance Corp's net investment income demonstrated a notable increase of 9.0% to $37.0 million, exceeding both internal estimates and consensus expectations, which reflects the company's effective investment strategy and robust financial management. Additionally, the stability of premiums in the medical malpractice segment indicates a resilient core business, providing a level of confidence amid challenges in other lines of insurance. Together, these factors contribute to a favorable outlook on the company's overall financial health and operational performance.
Bears say
ProAssurance Corp has reported a 2.3% decline in net premiums written, totaling $276.1 million, which fell short of both internal estimates and market consensus. This decrease not only reflects a downward trend compared to the prior year but also indicates challenges in maintaining revenue generation, particularly in its key Specialty Property and Casualty segment. Additionally, the company’s underwriting results were notably worse than expected, contributing to a negative outlook on its financial performance.
This aggregate rating is based on analysts' research of ProAssurance and is not a guaranteed prediction by Public.com or investment advice.
ProAssurance (PRA) Analyst Forecast & Price Prediction
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