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 comprising class action claims recovery services and purchases; servicing of consumer bankruptcy accounts; and contingent collections of nonperforming loans. 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Consumer credit reporting agencies, mercantile reporting agencies,
Sub-IndustryConsumer Finance
SectorFinance
SymbolNASDAQ:PRAA
CUSIP73640Q10
Phone888-772-7326
Debt
Debt-to-Equity RatioN/A
Current Ratio1.23
Quick Ratio1.23
Price-To-Earnings
Trailing P/E Ratio28.08
Forward P/E Ratio22.26
P/E GrowthN/A
Sales & Book Value
Annual Sales$813.57 million
Price / Sales2.08
Cash Flow$2.3852 per share
Price / Cash15.68
Book Value$25.18 per share
Price / Book1.49
Profitability
EPS (Most Recent Fiscal Year)$1.33
Net Income$162.26 million
Net Margins16.81%
Return on Equity6.41%
Return on Assets2.00%
Miscellaneous
Employees5,154
Outstanding Shares45,300,000
Market Cap$1.69 billion
Pra Group (NASDAQ:PRAA) Frequently Asked Questions
What is Pra Group's stock symbol?
Pra Group trades on the NASDAQ under the ticker symbol "PRAA."
How were Pra Group's earnings last quarter?
Pra Group Inc (NASDAQ:PRAA) issued its quarterly earnings data on Tuesday, August, 7th. The business services provider reported $0.43 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.42 by $0.01. The business services provider earned $221.52 million during the quarter, compared to analysts' expectations of $214.17 million. Pra Group had a net margin of 16.81% and a return on equity of 6.41%. View Pra Group's Earnings History.
When is Pra Group's next earnings date?
What price target have analysts set for PRAA?
7 analysts have issued 1 year price targets for Pra Group's shares. Their predictions range from $35.00 to $35.00. On average, they anticipate Pra Group's stock price to reach $35.00 in the next year. This suggests that the stock has a possible downside of 6.4%. View Analyst Price Targets for Pra Group.
What is the consensus analysts' recommendation for Pra Group?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pra Group in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pra Group.
Who are some of Pra Group's key competitors?
Who are Pra Group's key executives?
Pra Group's management team includes the folowing people:
- Mr. Steven D. Fredrickson, Exec. Chairman (Age 58)
- Mr. Kevin P. Stevenson, Pres, CEO & Director (Age 53)
- Mr. Peter M. Graham, Exec. VP & CFO (Age 52)
- Mr. Christopher B. Graves, Exec. VP of Americas (Age 49)
- Mr. Steven C. Roberts, Exec. VP of Europe & Corp. Devel. (Age 56)
Has Pra Group been receiving favorable news coverage?
Media stories about PRAA stock have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pra Group earned a media and rumor sentiment score of 0.02 on Accern's scale. They also gave news headlines about the business services provider an impact score of 46.20 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for Pra Group.
Who are Pra Group's major shareholders?
Pra Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Riverbridge Partners LLC (5.80%), Dimensional Fund Advisors LP (5.62%), Cooke & Bieler LP (2.84%), PNC Financial Services Group Inc. (1.99%), Stephens Investment Management Group LLC (1.96%) and Boston Partners (1.56%). Company insiders that own Pra Group stock include Geir Olsen, Laura White, Michael J Petit, Penelope W Kyle, Steven C Roberts 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 Grandeur Peak Global Advisors LLC, Riverbridge Partners LLC, PNC Financial Services Group Inc., Peregrine Capital Management LLC, Oak Ridge Investments LLC, Chartwell Investment Partners LLC, Osterweis Capital Management Inc. and California Public Employees Retirement System. Company insiders that have sold Pra Group company stock in the last year include Laura White, Penelope W Kyle and Steven D Fredrickson. View Insider Buying and Selling for Pra Group.
Which institutional investors are buying Pra Group stock?
PRAA stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Stephens Investment Management Group LLC, Renaissance Technologies LLC, Bank of Montreal Can, Cooke & Bieler LP, Eagle Asset Management Inc., Global Alpha Capital Management Ltd. and Massachusetts Financial Services Co. MA. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Pra Group's stock price today?
One share of PRAA stock can currently be purchased for approximately $37.40.
How big of a company is Pra Group?
Pra Group has a market capitalization of $1.69 billion and generates $813.57 million in revenue each year. The business services provider earns $162.26 million in net income (profit) each year or $1.33 on an earnings per share basis. Pra Group employs 5,154 workers across the globe.
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]
MarketBeat Community Rating for Pra Group (NASDAQ PRAA)
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.
