Published On: Mon, May 9th, 2016
Uncategorized | By Sylvia Delisle

ProAssurance Corporation (NASDAQ:PRA) Expected To Report Earnings On Monday

Analysts await ProAssurance Corporation (NASDAQ:PRA) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.

They expect $0.46 EPS, down 32.61% or $0.15 from last year’s $0.61 per share.

At the moment 7 analysts are watching ProAssurance Corporation (NASDAQ:PRA), 0 rate it “Buy”, 3 “Outperform”, 4 “Underperform”, 0 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Jun-16, 4 analysts have a mean sales target of 203.58 million. For the quarter ending Sep-16, 4 analysts have a mean sales target of 234.74 million whilst for the year ending Dec-16, 4 analysts have a mean target of 842.57 million.

In terms of earnings per share, 6 analysts have a 0.59 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 6 analysts have a 0.62 EPS mean target and for the quarter ending Sep-16 there are 7 estimates of 2.40 EPS.

The biggest institutional shareholders in ProAssurance Corporation include Vanguard Group Inc which owns 4 million shares in the company valued at $203.73 million. T. Rowe Price Associates, Inc. is the second biggest holder with 4 million shares currently valued at 199.11 million whilst BlackRock Fund Advisors has 3 million shares valued at 124.85 million.

Total shares held by institutions as of the most recent company filings are 42,487,208 with a reported 2,403,849 bought and 2,358,432 sold. These holdings make up 80.71% of the company’s outstanding shares.

Currently insiders hold 2,888,933 shares in the business which makes up 5.44% of shares. The biggest holder currently is A. Derril Crowe,M.D. who owns 1,308,010 shares (2.46% of those outstanding), whilst William Stancil Starnes holds 304,970 (0.57% of shares outstanding) and Howard H. Friedman holds 244,891 (0.46% of shares outstanding).

The stock increased 0.64% or $0.31 during the last trading session, hitting $49.50. ProAssurance Corporation (NASDAQ:PRA) has fallen 2.67% over the past 6 months and is downtrending.

Receive News & Ratings Via Email


Enter your email address below to get the latest news and analysts' ratings for your stocks with MarketBeat's FREE daily email newsletter:


Navigation