PRA Group, Inc. (PRAA)

NASDAQ: PRAA · IEX Real-Time Price · USD
36.54
-0.20 (-0.54%)
May 25, 2022 4:00 PM EDT - Market closed
Market Cap1.45B
Revenue (ttm)1.05B
Net Income (ttm)164.72M
Shares Out39.79M
EPS (ttm)3.73
PE Ratio9.79
Forward PE12.58
Dividendn/a
Ex-Dividend Daten/a
Volume203,222
Open36.77
Previous Close36.74
Day's Range36.34 - 37.14
52-Week Range36.11 - 51.00
Beta1.28
AnalystsBuy
Price Target53.04 (+45.2%)
Earnings DateMay 9, 2022

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, ...

IndustryConsumer Finance
Founded1996
CEOKevin Stevenson
Employees3,444
Stock ExchangeNASDAQ
Ticker SymbolPRAA
Full Company Profile

Financial Performance

In 2021, PRA Group's revenue was $1.10 billion, an increase of 2.85% compared to the previous year's $1.07 billion. Earnings were $183.16 million, an increase of 22.65%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for PRAA stock is "Buy." The 12-month stock price forecast is 53.04, which is an increase of 45.16% from the latest price.

Price Target
$53.04
(45.16% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PRA Group President and CEO Honored with Community Builders Award

NORFOLK, Va. , May 20, 2022 /PRNewswire/ -- Kevin Stevenson, president and CEO of PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, was recognized for his ...

5 days ago - PRNewsWire

PRA Group (PRAA) Down 6.8% Since Q1 Earnings Beat: Here's Why

PRA Group (PRAA) expects the sales volume to increase by 2022 end, which will boost its quarterly performances.

1 week ago - Zacks Investment Research

Mental Well-Being Group Builds Awareness and Support for PRA Group Employees Worldwide

NORFOLK, Va. , May 16, 2022 /PRNewswire/ -- Mental Health Awareness Month was designated in the U.S. to nationally decrease the stigma surrounding mental health and encourage open conversation to preven...

1 week ago - PRNewsWire

PRA Group Announces Jan Husby as Global Chief Information Officer

NORFOLK, Va., May 11, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced the promotion of Jan Husby to the position of ...

2 weeks ago - PRNewsWire

PRA Group (PRAA) Q1 Earnings Top Estimates

PRA Group (PRAA) delivered earnings and revenue surprises of 31.08% and 4.02%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

PRA Group Reports First Quarter 2022 Results

NORFOLK, Va. , May 9, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the first quarter of ...

2 weeks ago - PRNewsWire

PRA Group Announces Rakesh Sehgal as Head of Corporate Development in Newly Created Role

Global Company Hires Leader with Proven Experience in Strategy and M&A NORFOLK, Va. , May 5, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperformin...

2 weeks ago - PRNewsWire

PRA Group to Announce First Quarter 2022 Results on May 9

NORFOLK, Va. , April 18, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its first quarter 2022 results after market clo...

1 month ago - PRNewsWire

PRA Group (PRAA) Refinances Its European Credit Facilities

PRA Group (PRAA) refinances its European credit facilities to diversify its lending group.

1 month ago - Zacks Investment Research

PRA Group Announces Refinancing of European Credit Facilities

NORFOLK, Va. , April 4, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that on April 1, 2022, it completed the refi...

1 month ago - PRNewsWire

Why Should You Steer Clear of PRA Group (PRAA) Stock Now?

An escalating expense level and a weak capital position make PRA Group (PRAA) an unattractive stock.

1 month ago - Zacks Investment Research

Why Is PRA Group (PRAA) Up 1.1% Since Last Earnings Report?

PRA Group (PRAA) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

PRA Group Celebrates Women's History Month with Launch of Women in Business Advocates Community

Nonperforming Loans Purchaser Announces First of Three Employee Resource Groups to Begin This Year NORFOLK, Va. , March 30, 2022 /PRNewswire/ -- This Women's History Month, PRA Group, Inc. (Nasdaq: PRAA...

1 month ago - PRNewsWire

PRA Group (PRAA) Q4 Earnings Beat Estimates, Improve Y/Y

PRA Group's (PRAA) fourth-quarter results reflect lower expenses, partly offset by reduced revenues.

2 months ago - Zacks Investment Research

PRA Group (PRAA) Surpasses Q4 Earnings and Revenue Estimates

PRA Group (PRAA) delivered earnings and revenue surprises of 21.54% and 2.33%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

PRA Group Reports Fourth Quarter 2021 Results

NORFOLK, Va., Feb. 28, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the fourth quarter a...

2 months ago - PRNewsWire

PRA Group to Announce Fourth Quarter and Full Year 2021 Results on February 28

NORFOLK, Va., Feb. 7, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its fourth quarter and full year 2021 results afte...

3 months ago - PRNewsWire

World Cancer Day Donation Helps St. Jude Celebrate 60th Anniversary and Close the Care Gap

NORFOLK, Va., Feb. 4, 2022 /PRNewswire/ -- In the spring of 2019, PRA Group Bankruptcy Counsel Tiffanie Fittes and her family were preparing for their eldest daughter Mackenzie's high school graduation ...

3 months ago - PRNewsWire

In Honor of 25 Years in Business, PRA Group Increases Charitable Giving By $250,000

NORFOLK, Va. , Dec. 15, 2021 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, is adding $250,000 to its annual charitable giving budget in...

5 months ago - PRNewsWire

PRA Group (PRAA) Up 13.2% in 6 Months: More Growth Ahead?

PRA Group's (PRAA) strong capital position indicates the possibility of a rise in purchasing volumes for 2022.

5 months ago - Zacks Investment Research

Why Should You Hold PRA Group (PRAA) in Your Portfolio?

Banking on a solid portfolio and rising cash collections, PRA Group (PRAA) holds enough potential to reap benefits for investors.

5 months ago - Zacks Investment Research

Global Leader in Financial Services Finds Sustainable Home at The HALO Kilmarnock

KILMARNOCK, U.K., Nov. 12, 2021 /PRNewswire/ -- The HALO Urban Regeneration has announced PRA Group, Inc. (Nasdaq: PRAA), a global leader in the nonperforming loan industry, as the anchor tenant of Kilm...

6 months ago - PRNewsWire

PRA Group (PRAA) Q3 Earnings Miss Estimates, Tumble Y/Y

PRA Group's (PRAA) Q3 earnings suffer steep expenses and lower revenues.

6 months ago - Zacks Investment Research

PRA Group (PRAA) Misses Q3 Earnings Estimates

PRA Group (PRAA) delivered earnings and revenue surprises of -6.17% and 2.67%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

PRA Group Reports Third Quarter 2021 Results

NORFOLK, Va., Nov. 8, 2021 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the third quarter of ...

6 months ago - PRNewsWire