# ProAssurance share price (ProAssurance Corporation, PRA)

> ProAssurance Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. PRA · Financials · Insurance - Property & Casualty · data as of 25 June 2026. Page: https://www.sectoralpha.in/us/stocks/pra

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Price: $25.00 (+9.5% in a year)
- P/BV: 1.0× (higher than 98% of the last 1 year)
- Revenue (Mar 2026): $264 M (−4.9% on a year ago)
- Profit (Mar 2026): $8.5 M
- Net margin: 3.2% (+5.3 points on a year ago)
- ROE: 5%, FY25

Biggest thing to watch: the P/BV is higher than 98% of its own history, so the multiple has already done part of the work. ## What is the ProAssurance share price? ProAssurance Corporation's share price was $25.00 at the close on 25 June 2026. That is 2.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between $23 and $25, and at that close it was at the high of that range. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 11 weeks running. Over the last 1 year the share price moved +10% while the S&P 500 moved +19%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 10 April 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does ProAssurance pay? ProAssurance Corporation pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is ProAssurance on? ProAssurance is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is ProAssurance profitable? ProAssurance Corporation earned $8.5 M of net profit in the Mar 2026 quarter. Full-year FY25 profit was $50.9 M. Over 4 years profit has grown −22.9% a year on average. That is 3.2% of the quarter's revenue. The same quarter a year earlier lost $5.8 M. 2 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was $50.9 M (−3.5% on the year before). On average over the last four quarters, profit changed +18.9% and revenue −4.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does ProAssurance make, and is it growing? ProAssurance Corporation reported $264 M of income in the Mar 2026 quarter, −4.9% on the same quarter a year earlier. Over 4 years it has grown −0.3% a year on average. The last full year, FY25, came in at $1.1 B. The last four reported quarters add to $1.1 B. FY25 revenue was $1.1 B, −3.0% on the year before. Recent pace: the last four quarters grew −4.0% on average, against −0.3% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −3.9%, against −2.5% a year over the last 8 quarters (stabilising). ## How much does ProAssurance keep from what it earns? ProAssurance Corporation's net margin was 3.2% in the Mar 2026 quarter, 5.3 percentage points higher than the same quarter a year ago. Across 5 years it has been between −3.4% and 12.8%. The latest quarter is within that range. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of ProAssurance's loans have gone bad? ProAssurance Corporation does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is ProAssurance's loan book growing? ProAssurance Corporation's revenue was $1.1 B in FY25, −3.0% on the year before, so the loan book is not growing. The latest quarter was −4.9% on a year earlier. The net margin on that income is 3.2%, +5.3 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Quarterly loan-quality figures are missing here, so revenue growth and margin are the two we watch. ## What is ProAssurance's P/BV ratio, and how does it compare with its own history? ProAssurance Corporation's P/BV is 1.0×, about the highest it has ever been. Its usual P/BV (the middle reading) is 0.9×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is low: this lender earns about 5% a year on its equity. A lender that earns less on its net worth is valued lower for each dollar of it, and that gap usually closes only if returns improve. Why the multiple is where it is: over the past year book value grew while the price moved +9.5%. The price ran ahead of book value, which pushed the multiple up within its own range. In short: the multiple is high against its own past, so the book value trend underneath matters more than the multiple. ## Is the ProAssurance business getting better or worse? ProAssurance Corporation's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does ProAssurance earn on its equity and assets? ProAssurance Corporation earned a return on equity of 4% in FY25. Its lowest yearly reading on file was −4% in FY23. On its assets, every $100 earned about $1.47, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That return is below the level a bank needs to grow its net worth quickly, which helps explain why its multiple is where it is. Why ROE moved: profit grew −22.9% a year over 4 years while net worth grew more slowly. When earnings recover faster than net worth builds up, ROE climbs off its low. ## Does ProAssurance have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the ProAssurance shareholding pattern? 19.3% of ProAssurance Corporation's tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 9.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is ProAssurance from balance-sheet trouble? For ProAssurance Corporation, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does ProAssurance rank in its industry? There is no score against its industry: ProAssurance Corporation is not among the largest members shown in this industry comparison for Insurance - Property & Casualty. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is ProAssurance compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to ProAssurance in size? ProAssurance is the 33rd largest of 44 Insurance - Property & Casualty companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Stewart Information Services Corporation, Trupanion, Inc. and Universal Insurance Holdings, Inc. Just below it: Ategrity Specialty Insurance Company Holdings, Bowhead Specialty Holdings Inc. and Heritage Insurance Holdings, Inc. ### Insurance - Property & Casualty companies close in size

1. [Stewart Information Services Corporation](https://www.sectoralpha.in/us/stocks/stc) $1.4 billion
2. [Trupanion, Inc.](https://www.sectoralpha.in/us/stocks/trup) $1.4 billion
3. [Universal Insurance Holdings, Inc.](https://www.sectoralpha.in/us/stocks/uve) $1.4 billion
4. ProAssurance Corporation $1.3 billion
5. [Ategrity Specialty Insurance Company Holdings](https://www.sectoralpha.in/us/stocks/asic) $1.2 billion
6. [Bowhead Specialty Holdings Inc.](https://www.sectoralpha.in/us/stocks/bow) $1.1 billion
7. [Heritage Insurance Holdings, Inc.](https://www.sectoralpha.in/us/stocks/hrtg) $1 billion

[All 44 Insurance - Property & Casualty companies, largest first](https://www.sectoralpha.in/us/sectors/insurance-property-casualty#all-companies)

### Companies close in size in other industries

1. [Tandem Diabetes Care, Inc.](https://www.sectoralpha.in/us/stocks/tndm) $1.3 billion · Medical Devices
2. [Opera Limited](https://www.sectoralpha.in/us/stocks/opra) $1.3 billion · Internet Content & Information
3. ProAssurance Corporation $1.3 billion
4. [RPC, Inc.](https://www.sectoralpha.in/us/stocks/res) $1.3 billion · Oil & Gas Equipment & Services
5. [REX American Resources Corporation](https://www.sectoralpha.in/us/stocks/rex) $1.3 billion · Chemicals

## What else do people ask about ProAssurance? ### What were ProAssurance's latest quarterly results? ProAssurance Corporation reported total income of $264 M and net profit of $8.5 M for the Mar 2026 quarter. Earnings per share were $0.16. The net margin was 3.2%, 5.3 percentage points higher than a year earlier (as of 25 June 2026). ### What is ProAssurance's market cap? ProAssurance Corporation's market capitalisation is $1.3 B at a stock price of $25.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 25 June 2026). ### How is ProAssurance performing? ProAssurance Corporation's latest readings are below. Over the past 13 weeks it has done worse than the S&P 500, for 11 weeks running. This describes what the data did, not a rating (as of 25 June 2026). ### Will ProAssurance's stock price go up? This page does not forecast ProAssurance Corporation's stock price. What it shows instead: the stock price is $25.00. Its P/BV of 1.0× is higher than 98% of its own last 1 years. Nobody can reliably say which way a price will move, and this site does not try (as of 25 June 2026). ### Where is ProAssurance in its business cycle? ProAssurance Corporation's FY25 net margin was 4.6%, against a 5-year range of −3.4% to 12.8%: the middle of its own range, neither a peak nor a low. The latest quarter was 3.2%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 25 June 2026). ### What could break the ProAssurance story? Biggest thing to watch: the P/BV is higher than 98% of its own history, so the multiple has already done part of the work. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 25 June 2026). ### Is ProAssurance a stock worth studying right now? What the numbers show: ProAssurance Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 25 June 2026). This is research, not advice. We’re not SEBI-registered.