NASDAQ:PRAAPra Group Stock Price, Forecast & News

$35.70

+0.65 (+1.85 %)

(As of 06/2/2020 10:42 AM ET)

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Today's Range

$35.01

Now: $35.70▼

$35.95

50-Day Range

$24.20

MA: $29.71▼

$36.24

52-Week Range

$19.40

Now: $35.70▼

$39.58

Volume16,461 shs

Average Volume385,497 shs

Market Capitalization$1.63 billion

P/E Ratio18.03

Dividend YieldN/A

Beta1.35

PRA Group, Inc., a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans in the Americas and Europe. It is involved in the acquisition of accounts that are primarily the unpaid obligations of individuals owed to credit grantors, 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, lines of credit, deficiency balances of various types, legal judgments, and trade payables from banks, credit unions, consumer finance companies, telecommunication providers, retailers, utilities, automobile finance companies, student loan companies, and other debt owners. In addition, it provides fee-based services on class action claims recoveries and by servicing consumer bankruptcy accounts. The company was formerly known as Portfolio Recovery Associates, Inc. and changed its name to PRA Group, Inc. in October 2014. PRA Group, Inc. was founded in 1996 and is headquartered in Norfolk, Virginia.

Beat the Market (BTM) Rank^™

1.3 Analyst's Opinion

Consensus Rating
Pra Group has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $34.00, Pra Group has a potential downside of 4.8% from its current price of $35.70.
Amount of Analyst Coverage
Pra Group has only been the subject of 2 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Pra Group has received 231 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Pra Group has received 317 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Pra Group has received 57.85% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Pra Group and other stocks. Vote “Outperform” if you believe PRAA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PRAA will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Pra Group does not currently pay a dividend.
Dividend Growth
Pra Group does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pra Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.83% of the stock of Pra Group is held by insiders.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Pra Group are expected to grow by 26.86% in the coming year, from $2.42 to $3.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Pra Group is 18.03, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pra Group is 18.03, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.97.
Price to Book Value per Share Ratio
Pra Group has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.06 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Consumer credit reporting agencies, mercantile reporting agencies,

Sub-IndustryConsumer Finance

SectorFinance

Current SymbolNASDAQ:PRAA

Previous Symbol

CUSIP73640Q10

CIK1185348

Webwww.pragroup.com

Phone888-772-7326

Debt

Debt-to-Equity Ratio0.06

Current Ratio1.20

Quick Ratio1.20

Price-To-Earnings

Trailing P/E Ratio18.03

Forward P/E Ratio14.75

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.02 billion

Price / Sales1.60

Cash Flow$2.92 per share

Price / Cash Flow12.24

Book Value$27.02 per share

Price / Book1.32

Profitability

EPS (Most Recent Fiscal Year)$1.89

Net Income$86.16 million

Net Margins8.80%

Return on Equity7.76%

Return on Assets2.11%

Miscellaneous

Employees4,412

Outstanding Shares45,540,000

Market Cap$1.63 billion

Next Earnings Date8/13/2020 (Estimated)

OptionableOptionable

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Pra Group (NASDAQ:PRAA) Frequently Asked Questions

How has Pra Group's stock been impacted by COVID-19 (Coronavirus)?

Pra Group's stock was trading at $34.54 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PRAA shares have increased by 3.4% and is now trading at $35.70. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Pra Group?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pra Group in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Pra Group.

When is Pra Group's next earnings date?

Pra Group is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Pra Group.

How were Pra Group's earnings last quarter?

Pra Group Inc (NASDAQ:PRAA) issued its earnings results on Thursday, May, 7th. The business services provider reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.18. The business services provider earned $251.78 million during the quarter, compared to the consensus estimate of $241.60 million. Pra Group had a net margin of 8.80% and a return on equity of 7.76%. The business's quarterly revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.34 earnings per share. View Pra Group's earnings history.

What price target have analysts set for PRAA?

3 brokerages have issued 12 month price targets for Pra Group's stock. Their forecasts range from $32.00 to $35.00. On average, they anticipate Pra Group's share price to reach $34.00 in the next twelve months. This suggests that the stock has a possible downside of 4.8%. View analysts' price targets for Pra Group.

Has Pra Group been receiving favorable news coverage?

Media coverage about PRAA stock has trended very positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Pra Group earned a daily sentiment score of 3.5 on InfoTrie's scale. They also gave news articles about the business services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutPra Group.

Are investors shorting Pra Group?

Pra Group saw a increase in short interest in May. As of May 15th, there was short interest totaling 4,850,000 shares, an increase of 11.5% from the April 30th total of 4,350,000 shares. Based on an average trading volume of 444,000 shares, the days-to-cover ratio is presently 10.9 days. Currently, 10.9% of the shares of the stock are sold short. View Pra Group's Current Options Chain.

Who are some of Pra Group's key competitors?

Some companies that are related to Pra Group include American Express (AXP), Capital One Financial (COF), Discover Financial Services (DFS), Credit Acceptance (CACC), FirstCash (FCFS), SLM (SLM), Green Dot (GDOT), Nelnet (NNI), Encore Capital Group (ECPG), World Acceptance (WRLD), EZCORP (EZPW), Regional Management (RM), Asta Funding (ASFI) and Nicholas Financial (NICK). View all competitors.

What other stocks do shareholders of Pra Group own?

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), Broadcom (AVGO), salesforce.com (CRM), Gilead Sciences (GILD) and Intel (INTC).

Who are Pra Group's key executives?

Pra Group's management team includes the following people:

Mr. Kevin P. Stevenson, Founder, Pres, CEO & Director (Age 54)
Mr. Peter M. Graham, Exec. VP & CFO (Age 53)
Mr. Christopher D. Lagow, Sr. VP, Gen. Counsel & Assistant Sec. (Age 45)
Mr. Steven C. Roberts, Exec. VP of Europe & Corp. Devel. (Age 57)
Mr. Christopher B. Graves, Exec. VP of Americas Core (Age 50)

What is Pra Group's stock symbol?

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

Who are Pra Group's major shareholders?

Pra Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State Street Corp (3.21%), Riverbridge Partners LLC (2.93%), Global Alpha Capital Management Ltd. (1.77%), Investment Counselors of Maryland LLC (1.65%), Franklin Resources Inc. (1.49%) and Geode Capital Management LLC (1.46%). Company insiders that own Pra Group stock include Christopher B Graves, Christopher D Lagow, Geir Olsen, Laura White and Steven D Fredrickson. View institutional ownership trends for Pra Group.

Which institutional investors are selling Pra Group stock?

PRAA stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Global Alpha Capital Management Ltd., Peregrine Capital Management LLC, Morgan Stanley, Morgan Stanley, GW&K Investment Management LLC, Arizona State Retirement System, and Riverbridge Partners LLC. View insider buying and selling activity for Pra Group.

Which institutional investors are buying Pra Group stock?

PRAA stock was purchased by a variety of institutional investors in the last quarter, including Franklin Resources Inc., State Street Corp, Geode Capital Management LLC, 361 Capital LLC, FDx Advisors Inc., FDx Advisors Inc., AlphaCrest Capital Management LLC, and Silvercrest Asset Management Group LLC. View insider buying and selling activity for Pra Group.

How do I buy shares of Pra Group?

Shares of PRAA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Pra Group's stock price today?

One share of PRAA stock can currently be purchased for approximately $35.70.

How big of a company is Pra Group?

Pra Group has a market capitalization of $1.63 billion and generates $1.02 billion in revenue each year. The business services provider earns $86.16 million in net income (profit) each year or $1.89 on an earnings per share basis. Pra Group employs 4,412 workers across the globe.

What is Pra Group's official website?

The official website for Pra Group is www.pragroup.com.

How can I contact Pra Group?

Pra Group's mailing address is 120 CORPORATE BOULEVARD, NORFOLK VA, 23502. The business services provider can be reached via phone at 888-772-7326 or via email at [email protected]

This page was last updated on 6/2/2020 by MarketBeat.com Staff