📊 PRA Key Takeaways
Is Proassurance Corp. (PRA) a Good Investment?
ProAssurance exhibits deteriorating fundamentals with declining revenues (-4.6% YoY) and earnings (-3.5% YoY), exacerbated by negative operating cash flows of -$25.6M that signal potential underwriting losses. The company's poor returns on equity (3.8%) and assets (0.9%), combined with a critically low cash position ($36.5M) relative to its $5.4B asset base, indicate structural profitability challenges unsustainable for a P&C insurer.
Why Buy Proassurance Corp. Stock? PRA Key Strengths
- Moderate leverage with 0.31x Debt/Equity ratio and strong interest coverage of 12.7x
- Established position in Fire, Marine & Casualty insurance with recurring premium revenue base
- Positive accounting earnings despite operational stress
PRA Stock Risks: Proassurance Corp. Investment Risks
- Negative operating cash flow (-$25.6M) and free cash flow (-$28.4M) indicating severe underwriting or claims management issues
- Declining revenue and net income trends with erosion of earnings per share (-3.9% YoY)
- Critically low cash position ($36.5M) creates vulnerability if underwriting losses persist
- Extremely low ROE (3.8%) and ROA (0.9%) suggest capital is not being deployed efficiently
- Compressed net profit margin of 4.6% indicates weak underwriting economics
Key Metrics to Watch
- Operating cash flow and free cash flow trends - essential for insurance sustainability
- Combined ratio (claims + expenses/premiums) - indicator of underwriting profitability
- Premium growth rate - to distinguish between market share loss vs. market contraction
- Return on equity trajectory - critical for shareholder value creation
- Cash position and liquidity ratios - given minimal buffer relative to liabilities
Proassurance Corp. (PRA) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
PRA Profit Margin, ROE & Profitability Analysis
PRA vs Finance Sector: How Proassurance Corp. Compares
How Proassurance Corp. compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Proassurance Corp. Stock Overvalued? PRA Valuation Analysis 2026
Based on fundamental analysis, Proassurance Corp. has mixed fundamental signals relative to the Finance sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Proassurance Corp. Balance Sheet: PRA Debt, Cash & Liquidity
PRA Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Proassurance Corp.'s revenue has shown modest growth of 2% over the 5-year period. The most recent EPS of $-0.73 indicates the company is currently unprofitable.
PRA Revenue Growth, EPS Growth & YoY Performance
PRA Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $279.6M | $1.4M | $0.03 |
| Q2 2025 | $276.8M | $15.5M | $0.30 |
| Q1 2025 | $272.1M | $4.6M | $0.09 |
| Q3 2024 | $275.7M | $16.4M | $0.32 |
| Q2 2024 | $290.4M | $4.5M | $0.08 |
| Q1 2024 | $272.7M | $4.6M | $0.09 |
| Q3 2023 | $273.1M | -$9.1M | $-0.17 |
| Q2 2023 | $255.8M | -$1.7M | $-0.03 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Proassurance Corp. Dividends, Buybacks & Capital Allocation
PRA SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Proassurance Corp. (CIK: 0001127703)
📋 Recent SEC Filings
❓ Frequently Asked Questions about PRA
What is the AI rating for PRA?
Proassurance Corp. (PRA) has an AI rating of SELL with 75% confidence, based on fundamental analysis of SEC EDGAR filings.
What are PRA's key strengths?
Claude: Moderate leverage with 0.31x Debt/Equity ratio and strong interest coverage of 12.7x. Established position in Fire, Marine & Casualty insurance with recurring premium revenue base.
What are the risks of investing in PRA?
Claude: Negative operating cash flow (-$25.6M) and free cash flow (-$28.4M) indicating severe underwriting or claims management issues. Declining revenue and net income trends with erosion of earnings per share (-3.9% YoY).
What is PRA's revenue and growth?
Proassurance Corp. reported revenue of $1.1B.
Does PRA pay dividends?
Proassurance Corp. does not currently pay dividends.
Where can I find PRA SEC filings?
Official SEC filings for Proassurance Corp. (CIK: 0001127703) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is PRA's EPS?
Proassurance Corp. has a diluted EPS of $0.99.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is PRA a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Proassurance Corp. has a SELL rating with 75% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is PRA stock overvalued or undervalued?
Valuation metrics for PRA: ROE of 3.8% (sector avg: 12%), net margin of 4.6% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.
Should I buy PRA stock in 2026?
Our dual AI analysis gives Proassurance Corp. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is PRA's free cash flow?
Proassurance Corp.'s operating cash flow is $-25.6M, with capital expenditures of $2.8M. FCF margin is -2.6%.
How does PRA compare to other Finance stocks?
Vs Finance sector averages: Net margin 4.6% (avg: 25%), ROE 3.8% (avg: 12%), current ratio N/A (avg: 1.2).