PRAA stock icon

PRA Group

20.95 USD
-0.51
2.38%
Updated Dec 3, 12:45 PM EST
1 day
-2.38%
5 days
-2.51%
1 month
1.90%
3 months
-5.03%
6 months
2.95%
Year to date
-18.45%
1 year
2.00%
5 years
-41.15%
10 years
-63.15%
 

About: PRA Group Inc is a leader in acquiring and collecting nonperforming loans. The company returns capital to banks and other creditors to help expand financial services for consumers in the Americas, Europe, and Australia. It is also engaged in providing fee-based services on class action claims recoveries in the United States. The company's portfolio segments include; Core, which is engaged in purchasing and collecting nonperforming loans, which the originators have not chosen not to pursue, and the Insolvency segment which is engaged in purchasing and collecting nonperforming loans where the customer is involved in a bankruptcy proceeding.

Employees: 3,155

0
Funds holding %
of 6,780 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

131% more call options, than puts

Call options by funds: $3.47M | Put options by funds: $1.5M

71% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 14

13% more capital invested

Capital invested by funds: $745M [Q2] → $839M (+$93.7M) [Q3]

6% more funds holding

Funds holding: 163 [Q2] → 173 (+10) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

1.25% less ownership

Funds ownership: 96.27% [Q2] → 95.02% (-1.25%) [Q3]

21% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 63

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$31
48%
upside
Avg. target
$31
48%
upside
High target
$31
48%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Truist Securities
Mark Hughes
98% 1-year accuracy
44 / 45 met price target
48%upside
$31
Buy
Maintained
5 Nov 2024

Financial journalist opinion

Based on 9 articles about PRAA published over the past 30 days

Neutral
Zacks Investment Research
1 week ago
Is the Options Market Predicting a Spike in PRA Group (PRAA) Stock?
Investors need to pay close attention to PRA Group (PRAA) stock based on the movements in the options market lately.
Is the Options Market Predicting a Spike in PRA Group (PRAA) Stock?
Neutral
PRNewsWire
1 week ago
PRA Group Announces Pricing of Upsized Offering of Additional $150.0 Million of Senior Notes due 2030
NORFOLK, Va. , Nov. 20, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, announced today the pricing of its upsized offering of $150.0 million aggregate principal amount of 8.875% Senior Notes due 2030 (the "notes"), which was upsized by $50.0 million from the previously announced $100.0 million, at a price of 103.625% of their principal amount, in a private transaction that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").
PRA Group Announces Pricing of Upsized Offering of Additional $150.0 Million of Senior Notes due 2030
Neutral
PRNewsWire
1 week ago
PRA Group Announces Proposed Offering of Additional $100.0 Million of Senior Notes due 2030
NORFOLK, Va. , Nov. 20, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, announced today that it plans, subject to market and other conditions, to offer $100.0 million aggregate principal amount of senior notes due 2030 (the "notes") in a private transaction that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").
PRA Group Announces Proposed Offering of Additional $100.0 Million of Senior Notes due 2030
Positive
Zacks Investment Research
3 weeks ago
PRA Group's Shares Up 17.8% Since Q3 Earnings Beat Estimates
PRAA's third-quarter results benefit from strong cash collection and portfolio income growth. Higher expenses partially offset the positives.
PRA Group's Shares Up 17.8% Since Q3 Earnings Beat Estimates
Neutral
PRNewsWire
3 weeks ago
PRA Group to Present at Upcoming November and December 2024 Investor Conferences
NORFOLK, Va. , Nov. 8, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announces today that management is scheduled to participate at the following investor conferences in November and December: Citizens JMP Securities Financial Services Conference Date: Tuesday, November 12, 2024 Conference Type: 1x1 meetings onlyLocation: Lotte New York Palace, New York, New York Furey Research Partners Hidden Gems Conference Date: Tuesday, November 26, 2024 Conference Type: 1x1 meetings and presentation at 9:45 a.m.
PRA Group to Present at Upcoming November and December 2024 Investor Conferences
Positive
Zacks Investment Research
3 weeks ago
Why PRA Group (PRAA) is a Top Momentum Stock for the Long-Term
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Why PRA Group (PRAA) is a Top Momentum Stock for the Long-Term
Neutral
Seeking Alpha
4 weeks ago
PRA Group, Inc. (PRAA) Q3 2024 Earnings Call Transcript
PRA Group, Inc. (NASDAQ:PRAA ) Q3 2024 Results Conference Call November 4, 2024 5:00 PM ET Company Participants Najim Mostamand - Vice President, Investor Relations Vik Atal - President and Chief Executive Officer Rakesh Sehgal - Executive Vice President and Chief Financial Officer Conference Call Participants David Scharf - Citizens JMP Mark Hughes - Truist Robert Dodd - Raymond James Operator Good evening and welcome the PRA Group Third Quarter 2024 Conference Call. All participants will be in a listen-only mode.
PRA Group, Inc. (PRAA) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
4 weeks ago
PRA Group (PRAA) Surpasses Q3 Earnings and Revenue Estimates
PRA Group (PRAA) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to loss of $0.31 per share a year ago.
PRA Group (PRAA) Surpasses Q3 Earnings and Revenue Estimates
Neutral
PRNewsWire
4 weeks ago
PRA Group Reports Third Quarter 2024 Results
Transformation in U.S. Business Clearly Visible Company On Track to Achieve Financial and Operational Targets for 2024; Announces Targets for 2025 NORFOLK, Va. , Nov. 4, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the third quarter of 2024 ("Q3 2024").
PRA Group Reports Third Quarter 2024 Results
Neutral
PRNewsWire
1 month ago
PRA Group Announces Amendment and Extension of North American and United Kingdom Credit Agreements
NORFOLK, Va. , Oct. 31, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, announced today that it amended and extended its North American Credit Agreement on October 28, 2024 and its UK Credit Agreement on October 30, 2024.
PRA Group Announces Amendment and Extension of North American and United Kingdom Credit Agreements
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