ProAssurance Corporation (NYSE:PRA) Updates On Dividend Release Date


On 2016-05-26, ProAssurance Corporation (NYSE:PRA) confirmed the dividend disbursement of $0.31 a share to shareholders as on record 2016-06-24. The firm will release dividend on 2016-07-08 while ex-dividend date is reported to be 2016-06-22.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, ProAssurance Corporation (NYSE:PRA) paid a total of $0.31 per share in dividends. This figure stood at $0.31 a share in the same period a year ago indicating a deviation of -41.9689%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $62 on the stock. This figure is the average of recommendations offered by 1 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $62 and $62, respectively.

Taking the mathematical rating formula, the price for ProAssurance Corporation (NYSE:PRA) stands at 2.33. Earnings Review ProAssurance Corporation (NYSE:PRA) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-02. For the period ending on 2016-09-30, experts are expecting EPS of $0.6.

Coming to the quarter ending on 2015-12-31, ProAssurance Corporation (NYSE:PRA) recorded EPS of $0.67. The reported numbers came lower than the analysts’ estimates of $0.56, demonstrating a miss of $0.11 as against reported figures.

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