providing a spectrum of healthcare liability and other insurance solutions … and more proassurance’s group of insurance companies specializes in providing the full spectrum of healthcare liability, workers’ compensation, and legal professional liability insurance options. proassurance professionals possess deep knowledge of underwriting, risk management, and claims handling, all while representing a unique pledge to treat clients and all involved fairly. healthcare liability solutions, from the simple to the most sophisticated, are available for every niche in healthcare. so whether you represent a health system, hospital, physicians, clinic, ancillary care providers and facilities, or medical technology and life sciences, we can help. of its insurance companies, proassurance group holds a financial strength rating of a+ (superior) from a.m. best; that group is made of up proassurance casualty company, proassurance indemnity company, inc., proassurance specialty insurance company, and
Company profile
Ticker
PRA, PRA
Exchange
Website
CEO
Edward Lewis Rand Jr.
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
PRA Professional Liability Group, Inc. • ProAssurance Indemnity Company, Inc. • ProAssurance American Mutual, A Risk Retention Group • ProAssurance Specialty Insurance Company • ProAssurance Insurance Company • IAO, Inc. • PRA Services Corporation • Medmarc Casualty Insurance Company • Hamilton Resources Corporation • PRACCL Ltd. ...
IRS number
631261433
PRA stock data
Latest filings (excl ownership)
8-K
Investor Update Fourth Quarter 2023 Accurate as of March 2024
11 Mar 24
10-K
2023 FY
Annual report
27 Feb 24
8-K
ProAssurance Reports Results for Fourth Quarter 2023
27 Feb 24
8-K
Third Quarter 2023 November 2023
15 Nov 23
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
ProAssurance Reports Results for Third Quarter 2023
8 Nov 23
8-K
ProAssurance Announces Retirement of PICA Group President, Dr. Ross E. Taubman
16 Aug 23
8-K
Second Quarter 2023 August 2023
14 Aug 23
10-Q
2023 Q2
Quarterly report
8 Aug 23
8-K
ProAssurance Reports Results for Second Quarter 2023
8 Aug 23
Transcripts
PRA
Earnings call transcript
2023 Q3
9 Nov 23
PRA
Earnings call transcript
2023 Q2
9 Aug 23
PRA
Earnings call transcript
2023 Q1
10 May 23
PRA
Earnings call transcript
2022 Q4
28 Feb 23
PRA
Earnings call transcript
2022 Q3
12 Nov 22
PRA
Earnings call transcript
2022 Q2
13 Aug 22
PRA
Earnings call transcript
2022 Q1
14 May 22
PRA
Earnings call transcript
2021 Q4
22 Feb 22
PRA
Earnings call transcript
2021 Q3
13 Nov 21
PRA
Earnings call transcript
2021 Q3
9 Nov 21
Latest ownership filings
4
ROBERT DAVID FRANCIS
6 Mar 24
4
Jeffrey Patton Lisenby
6 Mar 24
4
Edward Lewis Rand Jr
6 Mar 24
4
Noreen Dishart
6 Mar 24
4
DANA S HENDRICKS
6 Mar 24
4
Kevin Merrick Shook
6 Mar 24
SC 13G
T. Rowe Price Investment Management, Inc.
14 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G
DIMENSIONAL FUND ADVISORS LP
9 Feb 24
SC 13G/A
WELLINGTON MANAGEMENT GROUP LLP
8 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 62.11 mm | 62.11 mm | 62.11 mm | 62.11 mm | 62.11 mm | 62.11 mm |
Cash burn (monthly) | (no burn) | (no burn) | 18.03 mm | 2.84 mm | (no burn) | 6.93 mm |
Cash used (since last report) | n/a | n/a | 107.71 mm | 16.99 mm | n/a | 41.40 mm |
Cash remaining | n/a | n/a | -45.60 mm | 45.12 mm | n/a | 20.71 mm |
Runway (months of cash) | n/a | n/a | -2.5 | 15.9 | n/a | 3.0 |
Institutional ownership, Q3 2023
85.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 149 |
Opened positions | 17 |
Closed positions | 22 |
Increased positions | 37 |
Reduced positions | 62 |
13F shares | Current |
---|---|
Total value | 804.84 bn |
Total shares | 43.41 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 7.58 mm | $143.16 bn |
Vanguard | 5.91 mm | $111.56 bn |
T. Rowe Price Investment Management | 3.98 mm | $75.08 bn |
Wellington Management | 2.78 mm | $52.48 bn |
Dimensional Fund Advisors | 2.67 mm | $50.44 bn |
Polar Capital | 2.16 mm | $40.85 bn |
STT State Street | 1.97 mm | $37.20 bn |
TimesSquare Capital Management | 1.57 mm | $29.62 bn |
Allspring Global Investments | 1.44 mm | $27.29 bn |
Geode Capital Management | 1.09 mm | $20.65 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 May 23 | Adkins Kedrick D JR | Common Stock | Grant | Acquire A | No | No | 12.72 | 7,468 | 94.99 k | 22,369 |
24 May 23 | Vance Katisha Terrell | Common Stock | Grant | Acquire A | No | No | 12.72 | 7,468 | 94.99 k | 23,538 |
24 May 23 | Scott C Syphax | Common Stock | Grant | Acquire A | No | No | 12.72 | 7,468 | 94.99 k | 14,563 |
24 May 23 | Angiolillo Bruce D | Common Stock | Grant | Acquire A | No | No | 12.72 | 7,468 | 94.99 k | 25,031 |
News
Insurance Stocks Moving In Tuesday's Intraday Session
12 Mar 24
Insurance Stocks Moving In Wednesday's Intraday Session
28 Feb 24
ProAssurance: Q4 Earnings Insights
27 Feb 24
ProAssurance Q4 2023 Adj EPS $(0.05) Misses $0.06 Estimate, Sales $247.33M Beat $233.09M Estimate
27 Feb 24
Earnings Scheduled For February 27, 2024
27 Feb 24