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
Industry Consumer credit reporting agencies, mercantile reporting agencies,
Sub-IndustryConsumer Finance
SectorFinance
Phone888-772-7326
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$908.26 million
Profitability
Miscellaneous
Employees5,377
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable
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 EPS for the quarter, beating the consensus estimate of $0.42 by $0.01. The business services provider had revenue of $221.52 million for the quarter, compared to analyst estimates of $214.17 million. Pra Group had a return on equity of 5.72% and a net margin of 7.23%. View Pra Group's Earnings History.
When is Pra Group's next earnings date?
How can I listen to Pra Group's earnings call?
Pra Group will be holding an earnings conference call on Thursday, May 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
What price target have analysts set for PRAA?
4 Wall Street analysts have issued 12 month price targets for Pra Group's shares. Their predictions range from $35.00 to $35.00. On average, they expect Pra Group's share price to reach $35.00 in the next year. This suggests a possible upside of 31.7% from the stock's current price. View Analyst Price Targets for Pra Group.
What is the consensus analysts' recommendation for Pra Group?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pra Group in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pra Group.
Has Pra Group been receiving favorable news coverage?
News articles about PRAA stock have trended very negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Pra Group earned a media sentiment score of -3.6 on InfoTrie's scale. They also assigned media coverage about the business services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.
Who are some of Pra Group's key competitors?
What other stocks do shareholders of Pra Group own?
Who are Pra Group's key executives?
Pra Group's management team includes the folowing people:
- Mr. Steven D. Fredrickson, Exec. Chairman (Age 59)
- Mr. Kevin P. Stevenson, Pres, CEO & Director (Age 54)
- Mr. Peter M. Graham, Exec. VP & CFO (Age 53)
- Mr. Christopher B. Graves, Exec. VP of Americas (Age 50)
- Mr. Steven C. Roberts, Exec. VP of Europe & Corp. Devel. (Age 57)
Who are Pra Group's major shareholders?
Pra Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (6.56%), Riverbridge Partners LLC (3.49%), Barrow Hanley Mewhinney & Strauss LLC (3.27%), PNC Financial Services Group Inc. (2.99%), Boston Partners (1.60%) and Investment Counselors of Maryland LLC (1.55%). Company insiders that own Pra Group stock include Christopher D Lagow, Geir Olsen, Laura White, Penelope W Kyle 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 Riverbridge Partners LLC, PNC Financial Services Group Inc., Jane Street Group LLC, Oppenheimer Asset Management Inc., GW&K Investment Management LLC, Oak Ridge Investments LLC, WS Management Lllp and Barrow Hanley Mewhinney & Strauss LLC. Company insiders that have sold Pra Group company stock in the last year include Christopher D Lagow, Geir Olsen, Laura White 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 Norges Bank, Dimensional Fund Advisors LP, Nordea Investment Management AB, Peregrine Capital Management LLC, Brandywine Global Investment Management LLC, Great West Life Assurance Co. Can, 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 $26.57.
How big of a company is Pra Group?
Pra Group has a market capitalization of $1.20 billion and generates $908.26 million in revenue each year. The business services provider earns $65.56 million in net income (profit) each year or $1.44 on an earnings per share basis. Pra Group employs 5,377 workers across the globe.
What is Pra Group's official website?
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.
