ProAssurance

ProAssurance Debt 2024

ProAssurance Debt

361.24 USD

ProAssurance Dividend yield

14.11 %

Ticker

PRA

ISIN

US74267C1062

WKN

676103

In 2024, ProAssurance's total debt was 361.24 USD, a -9.01% change from the 397.02 USD total debt recorded in the previous year.

ProAssurance Aktienanalyse

What does ProAssurance do?

ProAssurance Corporation is an American insurance company that specializes in providing liability insurance for doctors, hospitals, and other medical facilities. It was founded in 1976 and is headquartered in Birmingham, Alabama. ProAssurance was originally established as Mutual Assurance Society of Alabama and insured only doctors and other medical professionals in Alabama. In 2001, the company changed its name to ProAssurance Corporation and expanded nationwide through acquisitions of other medical liability insurers. Its business model focuses on providing liability insurance for medical facilities and professionals. The company also offers specialized products such as cyber liability insurance tailored to the needs of medical facilities. ProAssurance operates in three main segments: medical malpractice insurance, workers' compensation, and risk management and consulting. It offers various insurance products including medical malpractice insurance for doctors, dentists, hospitals, clinics, and other medical facilities, cyber liability insurance, workers' compensation insurance for employers, general liability insurance for businesses, and medical professional liability insurance for healthcare professionals like nurses and therapists. Overall, ProAssurance Corporation is a reputable company that protects medical facilities and professionals from liability risks and supports them in reducing their liability exposure. It provides tailored solutions to its clients through its different segments and specialized products. The answer is: ProAssurance Corporation is an American insurance company that specializes in providing liability insurance for doctors, hospitals, and other medical facilities. It was founded in 1976 and is headquartered in Birmingham, Alabama. ProAssurance ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding ProAssurance's Debt Structure

ProAssurance's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing ProAssurance's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to ProAssurance’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in ProAssurance’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about ProAssurance Stock

What is the debt of ProAssurance this year?

ProAssurance has a debt level of 361.24 USD this year.

What was the debt of ProAssurance compared to the previous year?

The debt of ProAssurance has increased by -9.01% compared to the previous year dropped.

What are the consequences of high debt for investors in ProAssurance?

High debt can pose a risk for investors of ProAssurance, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of ProAssurance?

Low debt means that ProAssurance has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from ProAssurance affect the company?

An increase in debt of ProAssurance can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of ProAssurance affect the company?

A reduction in debt of ProAssurance can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of ProAssurance?

Some factors that can influence the debt of ProAssurance include investments, acquisitions, operating costs, and revenue development.

Why are the debts of ProAssurance so important for investors?

The debts of ProAssurance are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can ProAssurance take to change the debt?

To change the debt, ProAssurance can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does ProAssurance pay?

Over the past 12 months, ProAssurance paid a dividend of 1.97 USD . This corresponds to a dividend yield of about 14.11 %. For the coming 12 months, ProAssurance is expected to pay a dividend of 1.98 USD.

What is the dividend yield of ProAssurance?

The current dividend yield of ProAssurance is 14.11 %.

When does ProAssurance pay dividends?

ProAssurance pays a quarterly dividend. This is distributed in the months of April, July, October, January.

How secure is the dividend of ProAssurance?

ProAssurance paid dividends every year for the past 16 years.

What is the dividend of ProAssurance?

For the upcoming 12 months, dividends amounting to 1.98 USD are expected. This corresponds to a dividend yield of 14.19 %.

In which sector is ProAssurance located?

ProAssurance is assigned to the 'Finance' sector.

Wann musste ich die Aktien von ProAssurance kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of ProAssurance from 1/2/2024 amounting to 0.48 USD, you needed to have the stock in your portfolio before the ex-date on 12/18/2023.

When did ProAssurance pay the last dividend?

The last dividend was paid out on 1/2/2024.

What was the dividend of ProAssurance in the year 2023?

In the year 2023, ProAssurance distributed 0.2 USD as dividends.

In which currency does ProAssurance pay out the dividend?

The dividends of ProAssurance are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von ProAssurance

Our stock analysis for ProAssurance Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of ProAssurance Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.