ProAssurance Stock

ProAssurance ROA 2024

ProAssurance ROA

-0.01

Ticker

PRA

ISIN

US74267C1062

WKN

676103

In 2024, ProAssurance's return on assets (ROA) was -0.01, a 9,619.06% increase from the -0 ROA 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.

ROA Details

Understanding ProAssurance's Return on Assets (ROA)

ProAssurance's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing ProAssurance's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider ProAssurance's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in ProAssurance’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about ProAssurance stock

What is the Return on Assets (ROA) of ProAssurance this year?

The Return on Assets (ROA) of ProAssurance is -0.01 undefined this year.

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

The ROA of ProAssurance has increased by 9,619.06% compared to the previous year.

What consequences do high ROA have for investors of ProAssurance?

A high ROA is advantageous for investors of ProAssurance, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in ProAssurance?

A low ROA can be unfavorable for investors of ProAssurance as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of ProAssurance affect the company?

An increase in ROA of ProAssurance can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of ProAssurance impact the company?

A reduction in the ROA of ProAssurance can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of ProAssurance?

Some factors that can influence the ROA of ProAssurance include revenue, operating costs, asset structure, and industry average.

Why is the ROA of ProAssurance important for investors?

The ROA of ProAssurance is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can ProAssurance take to improve ROA?

To improve ROA, ProAssurance can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 13 %. 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 13 %.

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 13.08 %.

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.

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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.