What analysts say:
- Buy, sell, or hold?: Analysts strongly back ProAssurance, with five of seven rating it a buy and the remainder rating it a hold. Analysts like ProAssurance better than competitor OneBeacon Insurance Group overall. While analysts still rate the stock a moderate buy, they are a little more optimistic about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $174.4 million in revenue this quarter. That would represent a decline of 3.7% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $1.29 per share. Estimates range from $1.10 to $1.64.
What our community says:
CAPS All-Stars are solidly behind the stock with 96.4% awarding it an "outperform" rating. The community at large agrees with the All-Stars with 95.7% assigning it a rating of "outperform." Fools are bullish on ProAssurance, though the message boards have been quiet lately with only 19 posts in the past 30 days. Even with a robust four out of five stars, ProAssurance's CAPS rating falls a little short of the community's upbeat outlook.
ProAssurance's profit has risen year over year by an average of 18.7% over the past five quarters. Revenue has now gone up for three straight quarters.
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