How to Buy Proassurance Stock
Proassurance Corp
Proassurance is a property & casualty insurance company located in Alabama, United States, which is part of the Financial Services sector, and is traded under the ticker PRA on the NYSE exchange.
Proassurance stock last closed at $13.17, down 3.52% from the previous day, and has decreased 25.04% in one year. It has underperformed other stocks in the Insurance - Property & Casualty industry by 0.45 percentage points. Proassurance stock is currently +12.04% from its 52-week low of $11.76, and -32.03% from its 52-week high of $19.38.
There are currently 50.97M PRA shares outstanding. The market value of PRA is $671.28M. In the past 24 hours, 300,125 PRA shares were traded.
How to Buy Proassurance Stock
Wondering how to invest in Proassurance stock? Here's how.
- Choose where to buy Proassurance stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Proassurance stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your payment method and add your information.
- Analyze Proassurance stock: The Proassurance ticker symbol is PRA. Is Proassurance stock a good investment? Should you buy shares of PRA? How do PRA's underlying business fundamentals look? Do top analysts think Proassurance is a good buy? Why has PRA's stock price moved recently? (Hint: Our stock analysis website can help you decide if PRA is a good stock to buy).
- Make your PRA trade: Decide if you will purchase PRA shares at the current market price or use a limit order to purchase PRA shares at a specific price.
- Monitor your PRA investment: Create a watchlist to get the latest news on your investment in Proassurance stock.
Step 1: Choose where to buy Proassurance stock
You need an online brokerage account in order to access the NYSE market and buy PRA shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to world financial markets: From Tech to Energy, New York to London — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal details so you can buy PRA stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create your new trading account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have filled out your info on the best stock app to use, your next step is to transfer the money for your investment:
Check out the walkthrough below if you need help depositing funds into your investment account.
Step 4: Analyze Proassurance stock
Once you have selected the best place to buy Proassurance stock, it's crucial to research their stock before you buy, so you truly comprehend the risk and opportunity.
Proassurance quick stats
PRA Fundamentals
WallStreetZen was built to help part-time investors do better fundamental analysis in less time.
You can view all of the due diligence checks on PRA's stock page.
Is PRA stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PRA's intrinsic value.
Using relative valuations metrics:
- PRA may be undervalued based on its P/B ratio of 0.6x, relative to Insurance - Property & Casualty industry P/B ratio of 2.17x
You can do additional valuation analysis on PRA's stock here.
PRA Financial Health
Negative Financial Indicators:
- Total PRA debt is higher than 5 years ago, relative to shareholder equity.
- PRA has a relatively high debt to equity ratio of 4.07.
- PRA profit margin has gone down from 0% to -3.4% in the past year.
Is PRA stock a Buy, Hold, or Sell, according to analysts?
Out of 3 Wall Street analysts who track PRA, the consensus analyst rating on PRA is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Proassurance stock forecast page.
PRA Momentum
PRA Performance Metrics
Last year, PRA revenue was $1.14B. In the last 5 year, PRA's revenue has gone up by 5.12% per year. This was slower than the Insurance - Property & Casualty industry average of 11.77%.
You can research PRA's earnings and revenue performance here.
Latest Insiders Trades at PRA
Over the last 12 months, insiders at PRA have bought more shares than they have sold.
Noreen Dishart, Executive VPChief HR Officer of PRA, was the latest PRA insider to sell. They sold $29,540.40 worth of PRA shares on Mar 6, 2024.
Get more info about who owns PRA shares here.
Can I rely on PRA as an income stream?
Proassurance dividend payments have not consistently grown over the past decade and have not remained stable.
Get more analysis about Proassurance dividend yield and history here.
PRA Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your PRA trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific price, place a limit order.
Press the Open Trade button and eToro will execute your order.
If you require more help buying stocks on eToro, click the helpful video below:
Step 6: Monitor your PRA investment
Now that you own some PRA shares, you'll want to keep up with your shares.
Make a watchlist to monitor your PRA stock.
PRA Feed
How to Buy Stock in Proassurance
To summarize, here are the 6 steps you need to take to buy Proassurance stock right now:
- Choose where to buy Proassurance stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Analyze Proassurance stock
- Make your PRA trade
- Monitor your PRA investment
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Proassurance, click below.
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