PRA Group - PRAA Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PRA Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PRAA shares.
View PRAA analyst ratings or view top-rated stocks.

1 Wall Street research analysts have issued 1-year price targets for PRA Group's shares. Their PRAA share price forecasts range from $50.00 to $50.00. On average, they anticipate the company's stock price to reach $50.00 in the next year. This suggests a possible upside of 33.7% from the stock's current price.
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PRA Group's stock was trading at $33.78 at the beginning of 2023. Since then, PRAA stock has increased by 10.7% and is now trading at $37.41.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our PRAA earnings forecast.

PRA Group, Inc. (NASDAQ:PRAA) posted its quarterly earnings data on Monday, February, 27th. The business services provider reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.14. The business services provider had revenue of $222.85 million for the quarter, compared to analysts' expectations of $219.13 million. PRA Group had a net margin of 12.12% and a trailing twelve-month return on equity of 9.26%. PRA Group's revenue for the quarter was down 13.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.79 EPS.

ETFs with the largest weight of PRA Group (NASDAQ:PRAA) stock in their portfolio include ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap Financials ETF (PSCF), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC), First Trust Small Cap Value AlphaDEX Fund (FYT), Timothy Plan US Small Cap Core ETF (TPSC), ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) and VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF).

PRA Group issued an update on its fourth quarter 2022 earnings guidance on Monday, January, 23rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $211.71 million-$233.99 million, compared to the consensus revenue estimate of $219.13 million.

66 employees have rated PRA Group Chief Executive Officer Kevin Stevenson on Glassdoor.com. Kevin Stevenson has an approval rating of 70% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other PRA Group investors own include ServiceNow (NOW), Alibaba Group (BABA), Alphabet (GOOG), Netflix (NFLX), Palo Alto Networks (PANW), Tesla (TSLA), Advanced Micro Devices (AMD), Gilead Sciences (GILD), Mastercard (MA) and Skyworks Solutions (SWKS).

PRA Group trades on the NASDAQ under the ticker symbol "PRAA."

PRA Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include T. Rowe Price Investment Management Inc. (8.05%), Dimensional Fund Advisors LP (6.00%), Stephens Investment Management Group LLC (4.96%), abrdn plc (3.63%), Global Alpha Capital Management Ltd. (2.96%) and William Blair Investment Management LLC (2.93%). Insiders that own company stock include Christopher B Graves, Christopher D Lagow, John H Fain, Kevin P Stevenson, Laura White, Martin Sjolund, Peter M Graham, Steven C Roberts and Steven D Fredrickson.
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Shares of PRAA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PRAA stock can currently be purchased for approximately $37.41.

PRA Group (NASDAQ:PRAA) has a market capitalization of $1.46 billion and generates $966.52 million in revenue each year. The business services provider earns $117.15 million in net income (profit) each year or $2.92 on an earnings per share basis.

The company employs 3,277 workers across the globe.

PRA Group's mailing address is 120 CORPORATE BOULEVARD, NORFOLK VA, 23502. The official website for the company is www.pragroup.com. The business services provider can be reached via phone at (888) 772-7326, via email at ir@pragroup.com, or via fax at 757-518-0901.