Assure vs ProAssurance Which Is More Reliable?

Assure and ProAssurance are both companies in the insurance industry, providing coverage for various sectors such as healthcare, professional liability, and workers' compensation. Assure focuses on specialty insurance products and solutions, while ProAssurance specializes in professional liability insurance for healthcare professionals. Both companies have a strong history of financial performance and stability, making them attractive options for investors looking to add insurance stocks to their portfolio. However, it is important to carefully consider the differences in their business models and growth prospects before making any investment decisions.

Assure or ProAssurance?

When comparing Assure and ProAssurance, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Assure and ProAssurance.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. Assure has a dividend yield of -%, while ProAssurance has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Assure reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, ProAssurance reports a 5-year dividend growth of -50.83% year and a payout ratio of 0.06%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Assure P/E ratio at -0.01 and ProAssurance's P/E ratio at 20.02. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Assure P/B ratio is -0.01 while ProAssurance's P/B ratio is 0.70.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Assure has seen a 5-year revenue growth of -1.00%, while ProAssurance's is 0.32%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Assure's ROE at 164.41% and ProAssurance's ROE at 3.74%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $0.03 for Assure and $16.68 for ProAssurance. Over the past year, Assure's prices ranged from $0.02 to $17.64, with a yearly change of 76595.65%. ProAssurance's prices fluctuated between $10.76 and $17.79, with a yearly change of 65.33%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.