NASDAQ:PRAA

PRA Group - PRAA Stock Forecast, Price & News

$32.86

-0.25 (-0.76%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $32.84
▼
$33.47
50-Day Range: $32.80
▼
$39.84
52-Week Range: $32.01
▼
$51.00

Volume: 464,039 shs
Average Volume: 259,628 shs
Market Capitalization: $1.28 billion

P/E Ratio: 9.58
Dividend Yield: N/A
Price Target: $56.00

PRA Group MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 70.4% Upside
$56.00 Price Target
Short Interest: Bearish
7.76% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.87
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 1.08%
From $2.79 to $2.82 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.17 out of 5 stars

Finance Sector

697th out of 926 stocks

Consumer Credit Reporting Agencies, Mercantile Reporting Agencies, Industry

6th out of 6 stocks

3.5

Analyst's Opinion

Consensus Rating
PRA Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $56.00, PRA Group has a forecasted upside of 70.4% from its current price of $32.86.
Amount of Analyst Coverage
PRA Group has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
7.76% of the float of PRA Group has been sold short.
Short Interest Ratio / Days to Cover
PRA Group has a short interest ratio ("days to cover") of 11.8, which indicates bearish sentiment.
Change versus previous month
Short interest in PRA Group has recently decreased by 7.84%, indicating that investor sentiment is improving significantly.

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PRAA.

3.3

News and Social Media Coverage

News Sentiment
PRA Group has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for PRA Group this week, compared to 1 article on an average week.
MarketBeat Follows
Only 1 people have added PRA Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

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 2.00% 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 1.08% in the coming year, from $2.79 to $2.82 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PRA Group is 9.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.92.
Price to Earnings Ratio vs. Sector
The P/E ratio of PRA Group is 9.58, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 157.23.
Price to Book Value per Share Ratio
PRA Group has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About PRA Group (NASDAQ:PRAA) Stock

PRA Group, Inc., a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans in the Americas, Australia, and Europe. It is involved in the purchase of accounts that are primarily the unpaid obligations of individuals owed to credit originators, 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, retailers, utilities, automobile finance companies, and other credit originators. 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 incorporated in 1996 and is headquartered in Norfolk, Virginia.

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PRAA Stock News Headlines

September 23, 2022 | reuters.com

PRA Group Inc

September 15, 2022 | seekingalpha.com

PRAA PRA Group, Inc.

September 14, 2022 | finance.yahoo.com

PRA Group Publishes New Investor Presentation

September 7, 2022 | finance.yahoo.com

PRA Group (PRAA) Down 6.5% Since Last Earnings Report: Can It Rebound?

September 1, 2022 | finance.yahoo.com

Virginia 500 Power List Recognizes PRA Group President and CEO

August 30, 2022 | msn.com

PRA Group's Return on Invested Capital Overview

August 23, 2022 | nasdaq.com

Investing in PRA Group (NASDAQ:PRAA) five years ago would have delivered you a 30% gain

August 22, 2022 | finance.yahoo.com

PRA Group Wins Bronze Stevie® Award in 2022 International Business Awards®

August 12, 2022 | finance.yahoo.com

PRA Group (PRAA) Up 1.5% Since Q2 Earnings Beat Estimates

August 9, 2022 | seekingalpha.com

PRA Group, Inc. (PRAA) CEO Kevin Stevenson on Q2 2022 Results - Earnings Call Transcript

August 8, 2022 | finance.yahoo.com

PRA Group (PRAA) Q2 Earnings and Revenues Surpass Estimates

August 8, 2022 | finance.yahoo.com

PRA Group Reports Second Quarter 2022 Results

July 20, 2022 | finance.yahoo.com

PRA Group Welcomes Najim Mostamand, CFA, to Lead Investor Relations Strategy and Enhance Shareholder Value

July 18, 2022 | finance.yahoo.com

PRA Group to Announce Second Quarter 2022 Results on August 8

June 21, 2022 | finance.yahoo.com

PRA Group (NASDAQ:PRAA) shareholders have earned a 9.4% CAGR over the last three years

June 13, 2022 | finance.yahoo.com

PRA Group Honored as Bronze Stevie® Award Winner for 2 Categories in the 2022 American Business Awards®

June 8, 2022 | finance.yahoo.com

PRA Group (PRAA) Down 5.8% Since Last Earnings Report: Can It Rebound?

May 31, 2022 | finance.yahoo.com

PRA Group to Present at the William Blair 42nd Annual Growth Stock Conference

May 16, 2022 | finance.yahoo.com

PRA Group (PRAA) Down 6.8% Since Q1 Earnings Beat: Here's Why

May 11, 2022 | finance.yahoo.com

PRA Group Announces Jan Husby as Global Chief Information Officer

May 9, 2022 | ca.investing.com

PRA Group Tops Q1 EPS by 19c

May 9, 2022 | markets.businessinsider.com

PRA Group Inc. Q1 Profit Falls, but beats estimates

May 8, 2022 | seekingalpha.com

PRA Group Q1 2022 Earnings Preview

May 5, 2022 | finance.yahoo.com

PRA Group Announces Rakesh Sehgal as Head of Corporate Development in Newly Created Role

April 4, 2022 | seekingalpha.com

PRA Group refinances European credit facilities

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30 days | 90 days | 365 days | Advanced Chart

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PRAA Company Calendar

Last Earnings: 8/08/2022
Today: 10/02/2022
Next Earnings (Estimated): 11/14/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Consumer credit reporting agencies, mercantile reporting agencies,
Sub-Industry: Consumer Finance
Sector: Finance
Current Symbol: NASDAQ:PRAA
CUSIP: 73640Q10
CIK: 1185348
Web: www.pragroup.com
Phone: (888) 772-7326
Fax: 757-518-0901
Employees: 3,446
Year Founded: 1996

Price Target and Rating

Average Stock Price Forecast: $56.00
High Stock Price Forecast: $56.00
Low Stock Price Forecast: $56.00
Forecasted Upside/Downside: +70.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.43
Trailing P/E Ratio: 9.58
Forward P/E Ratio: 11.78
P/E Growth: N/A
Net Income: $183.16 million
Net Margins: 14.24%
Pretax Margin: 18.75%
Return on Equity: 10.87%
Return on Assets: 3.41%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.21
Quick Ratio: 1.21

Sales & Book Value

Annual Sales: $1.10 billion
Price / Sales: 1.17
Cash Flow: $4.73 per share
Price / Cash Flow: 6.95
Book Value: $30.38 per share
Price / Book: 1.08

Miscellaneous

Outstanding Shares: 38,980,000
Free Float: 38,196,000
Market Cap: $1.28 billion
Optionable: Optionable
Beta: 1.22

Social Links

Key Executives

Mr. Steven D. Fredrickson (Age 62)
Co-Founder & Non-Exec. Chairman
Comp: $195k

Mr. Kevin P. Stevenson (Age 57)
Founder, Pres, CEO & Director
Comp: $2.39M

Mr. Peter M. Graham (Age 56)
Exec. VP & CFO
Comp: $1.42M

Mr. Steven C. Roberts (Age 60)
Exec. VP & Global Operations Officer
Comp: $1.17M

Mr. Christopher B. Graves (Age 53)
Exec. VP of Global Investments & Analytics Officer
Comp: $1.23M

Ms. Laura B. White (Age 51)
Exec. VP, Chief Risk & Compliance Officer
Comp: $1.16M

Ms. Chris Burroughs
Chief Technology Officer

Mr. Jan Husby (Age 58)
Global Chief Information Officer

Lauren Partin
Sr. VP of Fin. & Investor Relations

Mr. Christopher D. Lagow (Age 48)
Exec. VP & Gen. Counsel

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PRAA Stock - Frequently Asked Questions

Should I buy or sell PRA Group stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PRA Group in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PRAA shares.
View PRAA analyst ratings or view top-rated stocks.
What is PRA Group's stock price forecast for 2022?: 2 Wall Street research analysts have issued 1 year price objectives for PRA Group's stock. Their PRAA share price forecasts range from $56.00 to $56.00. On average, they expect the company's stock price to reach $56.00 in the next twelve months. This suggests a possible upside of 70.4% from the stock's current price.
View analysts price targets for PRAA or view top-rated stocks among Wall Street analysts.
How have PRAA shares performed in 2022?: PRA Group's stock was trading at $50.21 on January 1st, 2022. Since then, PRAA stock has decreased by 34.6% and is now trading at $32.86.
View the best growth stocks for 2022 here.
When is PRA Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our PRAA earnings forecast.
How were PRA Group's earnings last quarter?: PRA Group, Inc. (NASDAQ:PRAA) released its quarterly earnings results on Monday, August, 8th. The business services provider reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.38. The business services provider earned $258.26 million during the quarter, compared to the consensus estimate of $233.98 million. PRA Group had a trailing twelve-month return on equity of 10.87% and a net margin of 14.24%. The firm's quarterly revenue was down 9.6% compared to the same quarter last year. During the same period last year, the business posted $1.22 EPS.
What is Kevin Stevenson's approval rating as PRA Group's CEO?: 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.

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), Advanced Micro Devices (AMD), Gilead Sciences (GILD), Mastercard (MA) and Skyworks Solutions (SWKS).
What is PRA Group's stock symbol?: PRA Group trades on the NASDAQ under the ticker symbol "PRAA."
How do I buy shares of PRA Group?: 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.
Compare Top Brokerages Here.
What is PRA Group's stock price today?: One share of PRAA stock can currently be purchased for approximately $32.86.
How much money does PRA Group make?: PRA Group (NASDAQ:PRAA) has a market capitalization of $1.28 billion and generates $1.10 billion in revenue each year. The business services provider earns $183.16 million in net income (profit) each year or $3.43 on an earnings per share basis.
How many employees does PRA Group have?: The company employs 3,446 workers across the globe.
How can I contact PRA Group?: 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.

This page (NASDAQ:PRAA) was last updated on 10/2/2022 by MarketBeat.com Staff

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PRA Group - PRAA Stock Forecast, Price & News

PRA Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month