Conifer (CNFR) vs. ProAssurance (PRA) Head to Head Comparison

ProAssurance (NYSE: PRA) and Conifer (NASDAQ:CNFR) are both financials companies, but which is the better stock? We will compare the two companies based on the strength of their dividends, institutional ownership, analyst recommendations, profitability, valuation, earnings and risk.

Analyst Ratings

This is a breakdown of current ratings for ProAssurance and Conifer, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ProAssurance 0 4 0 0 2.00
Conifer 0 1 0 0 2.00

ProAssurance currently has a consensus price target of $58.33, suggesting a potential upside of 6.74%. Given ProAssurance’s higher probable upside, equities research analysts clearly believe ProAssurance is more favorable than Conifer.

Profitability

This table compares ProAssurance and Conifer’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
ProAssurance 16.18% 6.75% 2.50%
Conifer -27.29% -43.07% -12.67%

Insider and Institutional Ownership

80.2% of ProAssurance shares are held by institutional investors. Comparatively, 25.6% of Conifer shares are held by institutional investors. 1.8% of ProAssurance shares are held by company insiders. Comparatively, 45.5% of Conifer shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Earnings and Valuation

This table compares ProAssurance and Conifer’s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
ProAssurance $870.21 million 3.35 $151.08 million $2.70 20.24
Conifer $93.88 million 0.54 -$8.43 million ($3.42) -1.73

ProAssurance has higher revenue and earnings than Conifer. Conifer is trading at a lower price-to-earnings ratio than ProAssurance, indicating that it is currently the more affordable of the two stocks.

Dividends

ProAssurance pays an annual dividend of $1.24 per share and has a dividend yield of 2.3%. Conifer does not pay a dividend. ProAssurance pays out 45.9% of its earnings in the form of a dividend.

Summary

ProAssurance beats Conifer on 11 of the 13 factors compared between the two stocks.

About ProAssurance

ProAssurance Corporation (ProAssurance) is a holding company for property and casualty insurance companies. The Company provides professional liability insurance for healthcare professionals and facilities, professional liability insurance for attorneys, liability insurance for medical technology and life sciences risks, and workers’ compensation insurance. The Company operates through four segments. The Specialty property and casualty segment includes the Company’s professional liability business, and medical technology and life sciences business. The Workers’ compensation segment includes its workers’ compensation business. Lloyd’s Syndicate 1729 (Syndicate 1729) segment includes business of Syndicate 1729, which underwrites risks over a range of property and casualty insurance and reinsurance lines. The Corporate segment includes the Company’s investment operations managed at the corporate level and non-premium revenues generated outside of its insurance entities.

About Conifer

Conifer Holdings, Inc. is an insurance holding company. Through its insurance company subsidiaries, the Company offers insurance coverage in both specialty commercial and specialty personal product lines. It operates through two segments: commercial lines and personal lines. It is engaged in underwriting and marketing insurance coverage, and administering claims processing for such policies. The Company offers coverage for property, liability, automobile, and other miscellaneous coverage primarily to owner-operated small and mid-sized businesses, professional organizations and hospitality businesses, such as restaurants, bars and taverns. The Company offers coverage for low-value dwelling, wind-exposed homeowners and automobile. Its personal lines products include Catastrophe coverage, including hurricane and wind coverage, to underserved homeowners in Florida, Hawaii and Texas, and Dwelling insurance.

Receive News & Ratings for ProAssurance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProAssurance and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply