PRA Group, Inc. (PRAA)
Market Cap | 1.55B |
Revenue (ttm) | 966.52M |
Net Income (ttm) | 117.15M |
Shares Out | 38.98M |
EPS (ttm) | 2.94 |
PE Ratio | 13.49 |
Forward PE | 13.07 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 218,181 |
Open | 39.49 |
Previous Close | 39.72 |
Day's Range | 38.38 - 39.99 |
52-Week Range | 29.69 - 46.14 |
Beta | 1.17 |
Analysts | Buy |
Price Target | 47.60 (+19.99%) |
Earnings Date | May 8, 2023 |
About PRAA
PRA Group, Inc., a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans in the Americas, Australia, and Europe. It is involved in the purchase of accounts that are primarily the unpaid obligations of individuals owed to credit originators, which include banks and other types of consumer, retail, and auto finance companies. The company also acquires nonperforming loans, including Visa and MasterCard credit cards, private label and other credit cards, installment loans, ... [Read more]
Financial Performance
In 2022, PRA Group's revenue was $966.52 million, a decrease of -11.79% compared to the previous year's $1.10 billion. Earnings were $117.15 million, a decrease of -36.04%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for PRAA stock is "Buy." The 12-month stock price forecast is $47.6, which is an increase of 19.99% from the latest price.
News

Portfolio Recovery Associates LLC Settles CFPB Matter
NORFOLK, Va. , March 23, 2023 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and servicing nonperforming loans, announced today that its subsidiary, Portfolio Recovery As...

PRA Group (PRAA) Q4 Earnings Beat on a Declining Expense Base
PRA Group's (PRAA) fourth-quarter results indicate a decline in other operating expenses as well as compensation and employee services, partly offset by reduced portfolio income.

PRA Group Reports Fourth Quarter and Full Year 2022 Results
NORFOLK, Va. , Feb. 27, 2023 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for t...

PRA Group to Announce Fourth Quarter and Full Year 2022 Results on February 27
NORFOLK, Va. , Feb. 6, 2023 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its fourth quarter and full year 2022 results a...

PRA Group Announces Pricing of Upsized Offering of $400.0 Million of 8.375% Senior Notes due 2028
NORFOLK, Va. , Jan. 24, 2023 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today the pricing on January 23, 2023 of its off...

PRA Group Announces Proposed Offering of $350.0 Million of Senior Notes due 2028
NORFOLK, Va. , Jan. 23, 2023 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that it plans, subject to market and other...

Here's Why You Should Retain PRA Group (PRAA) Stock Now
PRA Group (PRAA) can reduce costs by diverting legal cash collections to in-house operators and boosting profits.

PRA Group (PRAA) Concludes Refinancing $750M Revolving Credit
PRA Group's (PRAA) Europe revolving credit facility refinancing is expected to improve its balance sheet and capital position.

PRA Group Announces Refinancing of European Revolving Credit Facility
NORFOLK, Va. , Nov. 28, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that on November 23, 2022, it completed th...

PRA Group (PRAA) Rises 8% Since Q3 Earnings Beat on Low Costs
PRA Group's (PRAA) third-quarter results reflect lower operating expenses owing to a fall in compensation employee and services, partly offset by weak portfolio income.

PRA Group Rings Nasdaq's Closing Bell in Honor of its 20-Year Anniversary as a Publicly Traded Company
Nasdaq Held Closing Bell Ceremony Dedicated to PRA Group Yesterday at 4:00 p.m. E.T. in New York's Times Square NORFOLK, Va.

PRA Group (PRAA) Surpasses Q3 Earnings and Revenue Estimates
PRA Group (PRAA) delivered earnings and revenue surprises of 36.96% and 7.56%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

PRA Group Reports Third Quarter 2022 Results
NORFOLK, Va. , Nov. 3, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for th...

PRA Group (PRAA) Moves to Buy: Rationale Behind the Upgrade
PRA Group (PRAA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

PRA Group to Announce Third Quarter 2022 Results on November 3
NORFOLK, Va. , Oct. 13, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its third quarter 2022 results after market cl...

PRA Group's Kevin Stevenson Gives Virginia Chamber's Capstone Speech on Investing in Education
NORFOLK, Va. , Oct. 11, 2022 /PRNewswire/ -- Today Kevin Stevenson, president and CEO of PRA Group, Inc. (Nasdaq: PRAA), delivered the keynote address at the Virginia Chamber of Commerce's 2022 Virgin...

PRA Group Publishes New Investor Presentation
NORFOLK, Va. , Sept. 14, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans ("NPLs"), today published a new investor p...

PRA Group (PRAA) Down 6.5% Since Last Earnings Report: Can It Rebound?
PRA Group (PRAA) reported earnings 30 days ago. What's next for the stock?

Virginia 500 Power List Recognizes PRA Group President and CEO
PRA Group's Kevin Stevenson honored for third consecutive year as Virginia leader NORFOLK, Va. , Sept. 1, 2022 /PRNewswire/ -- Kevin Stevenson, president and CEO of PRA Group, Inc. (Nasdaq: PRAA), has...

PRA Group Wins Bronze Stevie® Award in 2022 International Business Awards®
Global company's management team receives premier workplace recognition NORFOLK, Va. , Aug. 22, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperf...

PRA Group (PRAA) Up 1.5% Since Q2 Earnings Beat Estimates
PRA Group (PRAA) expects the credit card charge-off rates to increase in the coming days, as the current level is unsustainable.

PRA Group (PRAA) Q2 Earnings and Revenues Surpass Estimates
PRA Group (PRAA) delivered earnings and revenue surprises of 71.70% and 10.81%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

PRA Group Reports Second Quarter 2022 Results
NORFOLK, Va. , Aug. 8, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for th...

PRA Group Leader LaTisha Tarrant Named Chief Human Resources Officer
NORFOLK, Va., Aug. 5, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global financial services company, has named LaTisha Tarrant as Chief Human Resources Officer (CHRO), effective Aug. 15.

External Affairs Leader Giovanna Genard to Drive PRA Group's Global Communication Strategy
NORFOLK, Va. , July 28, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global financial services company, today welcomes Giovanna Genard as vice president of external affairs and marketing lea...