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.
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1 brokerages have issued twelve-month target prices for PRA Group's stock. Their PRAA share price forecasts range from $50.00 to $50.00. On average, they predict the company's share price to reach $50.00 in the next twelve months. This suggests a possible upside of 31.2% from the stock's current price.
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PRA Group's stock was trading at $33.78 at the beginning of the year. Since then, PRAA stock has increased by 12.8% and is now trading at $38.11.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
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PRA Group, Inc. (NASDAQ:PRAA) posted its quarterly earnings results on Monday, February, 27th. The business services provider reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.14. The business services provider earned $222.85 million during the quarter, compared to analyst estimates of $219.13 million. PRA Group had a net margin of 12.12% and a trailing twelve-month return on equity of 9.26%. The company's quarterly revenue was down 13.3% compared to the same quarter last year. During the same period last year, the business earned $0.79 earnings per share.

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 updated its fourth quarter 2022 earnings guidance on Monday, January, 23rd. The company provided earnings per share (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 $38.11.

PRA Group (NASDAQ:PRAA) has a market capitalization of $1.49 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.