PRA Group, Inc. (PRAA)

NASDAQ: PRAA · IEX Real-Time Price · USD
39.67
-0.05 (-0.13%)
At close: Mar 24, 2023, 4:00 PM
39.85
+0.18 (0.45%)
After-hours: Mar 24, 2023, 4:43 PM EDT
-0.13%
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]

Industry Credit Services
Sector Financials
Founded 1996
Employees 3,285
Stock Exchange NASDAQ
Ticker Symbol PRAA
Full Company Profile

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 Statements

Analyst 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.

Price Target
$47.6
(19.99% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

1 day ago - PRNewsWire

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.

3 weeks ago - Zacks Investment Research

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...

3 weeks ago - PRNewsWire

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...

1 month ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

3 months ago - Zacks Investment Research

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.

4 months ago - Zacks Investment Research

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...

4 months ago - PRNewsWire

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.

4 months ago - Zacks Investment Research

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.

4 months ago - PRNewsWire

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?

5 months ago - Zacks Investment Research

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...

5 months ago - PRNewsWire

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.

5 months ago - Zacks Investment Research

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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?

7 months ago - Zacks Investment Research

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...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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.

8 months ago - Zacks Investment Research

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?

8 months ago - Zacks Investment Research

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...

8 months ago - PRNewsWire

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.

8 months ago - PRNewsWire

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...

8 months ago - PRNewsWire