ProAssurance Corporation provides property and casualty insurance, and reinsurance products in the United States. The company operates through four segments: Specialty Property and Casualty, Workers' Compensation, Lloyd's Syndicate, and Corporate. The company was founded in 1976 and is based in Birmingham, Alabama.
PRA Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for PRA, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Proassurance Corp ranked in the 29th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Proassurance Corp, consider:
Its compound free cash flow growth rate, as measured over the past 5.51 years, is -0.04% -- higher than only 21.21% of stocks in our DCF forecasting set.
Proassurance Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -5.17. This coverage rate is greater than that of merely 11.54% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Proassurance Corp experienced a tax rate of about 36% over the past twelve months; relative to its sector (Financial Services), this tax rate is higher than 94.4% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
HALL, KINS, FRHC, MA, and MMC can be thought of as valuation peers to PRA, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.
New York, New York--(Newsfile Corp. - July 30, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in ProAssurance Corporation ("ProAssurance" or the "Company") (NYSE: PRA) of the August 17, 2020 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you invested in ProAssurance stock or options between April 26, 2019 and May 7, 2020 and ...
NEW ORLEANS, July 29, 2020 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors of pending deadlines in the following securities class action lawsuits: Enphase Energy, Inc. (ENPH) Class Period: 2/26/2019 - 6/17/2020 Lead Plaintiff Motion Deadline: August 17, 2020 SECURITIES FRAUD To learn more, visit https://www.ksfcounsel.com/cases/nasdaqgm-enph/ProAssurance Corporation (PRA) Class Period: 4/26/2019 - 5/7/2020 Lead Plaintiff Motion Deadline: August 17, 2020 SECURITIES FRAUD To learn more, visit https://www.ksfcounsel.com/cases/nyse-pra/Bayer Aktiengesellschaft (BAYRY) Class Period: 5/23/2016 - 3/19/2019 Lead Plaintiff Motion Deadline: September 14, 2020 SECURITIES FRAUD To learn more, visit http...