PRA Group Inc (PRAA) Shares Fall 3.0% -- What GF Score of 71 Tel
PRA Group Inc (PRAA) shares recently fell 3.0% to $19.44, with GuruFocus indicating the stock is undervalued by 20.5% against a GF Value of $24.45. Despite an "Above Average" GF Score of 71/100 and positive insider/guru activity, concerns exist regarding its unprofitability, low financial strength (3/10), and growth potential (2/10). Investors are advised to exercise caution due to the company's financial challenges despite the perceived undervaluation and positive sentiment from informed investors.
PRA Group stock faces USD 400.0 million notes at 8.50 percent
PRA Group announced a USD 400.0 million financing move with senior notes due 2033 carrying an 8.50 percent coupon, intended to refinance its revolving credit facility. This debt transaction follows a strong Q2 2026 performance where the company beat EPS and revenue estimates. Analysts currently hold a consensus "Hold" rating with a target price of USD 26.00.
PRAA5813024 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the PRA Group, Inc. bond PRAA5813024, highlighting its key features such as issuer information, maturity date, and face value. It outlines the bond's coupon payment structure, including the fixed rate, semi-annual frequency, and upcoming payout schedule. The profile also touches on redemption information and the issuer's business, which involves purchasing and managing nonperforming loans.
Watkins Advises the Initial Purchasers in connection with PRA Group’s US$400 Million Senior Notes Offering
Latham & Watkins LLP advised the Initial Purchasers in PRA Group Inc.'s offering of US$400 million aggregate principal amount of 8.500% senior notes due 2033. The transaction was a private offering exempt from SEC registration requirements. The Latham & Watkins team was led by New York partner Michael Benjamin, with support on tax, data privacy, cybersecurity, and TCPA matters.
Could PRA Group (NASDAQ:PRAA) Be the Next Big Midcap Stocks Story?
PRA Group (NASDAQ:PRAA) is in focus due to new senior-note pricing, which sharpens the discussion around its funding costs. This development positions the company as a potential midcap story, especially within the current demanding macroeconomic environment characterized by elevated Treasury yields and volatile oil prices. The market will be looking for measurable execution and updated financial signals rather than just headline momentum to assess its long-term narrative.
PRA Group gains 22%, boosts liquidity with $400M debt offering, eyes 25% stock upside
PRA Group's shares have risen 22% over the past year due to strong credit collections and capital management, particularly in Europe. The company recently completed a $400 million debt offering to extend maturities, improve liquidity, and reduce interest rate risks, lowering its leverage. Analysts project a potential stock upside of over 25% from current levels, supported by attractive valuations, disciplined loan purchasing, and expectations of higher recoveries.
PRA Group plans $400 million senior notes offering
PRA Group Inc. announced its plan to offer $400 million in senior notes due 2033, subject to market conditions. The company intends to use the proceeds, along with available cash, to repay an equivalent amount of outstanding borrowings under its North American revolving credit facility. The offering will be a private transaction for qualified institutional buyers, exempt from SEC registration requirements.
Bank of America Corp DE Makes New Investment in PRA Group, Inc. $PRAA
Bank of America Corp DE has acquired 163,865 shares of PRA Group, Inc. (NASDAQ:PRAA) valued at approximately $3.1 million, representing about 0.44% of the company. This investment comes as PRA Group reported strong quarterly earnings, beating consensus estimates, and priced $400 million in senior notes to repay existing debt. Analysts currently rate PRA Group with an average "Hold" and a target price of $26.
PRA Group Announces Proposed Offering of $400.0 Million of Senior Notes due 2033
PRA Group, Inc. announced a proposed private offering of $400.0 million in senior notes due 2033. The company intends to use the net proceeds, along with available cash, to repay an equivalent amount of outstanding borrowings under its North American revolving credit facility. The notes will be guaranteed by the Company's domestic subsidiaries and offered to qualified institutional buyers and certain non-U.S. persons.
PRA Group prices $400M senior notes offering at 8.5%
PRA Group Inc. announced the pricing of $400 million in senior notes with an 8.500% interest rate maturing in 2033. The debt collection company plans to use the net proceeds, along with available cash, to repay approximately $400 million of outstanding borrowings under its North American revolving credit facility. The offering was a private transaction targeted at qualified institutional buyers and certain international persons.
PRA Group Announces Pricing of Offering of $400.0 Million of 8.500% Senior Notes due 2033
PRA Group, Inc. has announced the pricing of its offering of $400.0 million aggregate principal amount of 8.500% senior notes due 2033. The offering is a private transaction and is expected to close around October 2, 2026. The company plans to use the net proceeds, along with available cash, to repay approximately $400.0 million of its outstanding borrowings under its North American revolving credit facility.
PRA Group plans to borrow $400 million if conditions allow, helping repay about $400 million in credit-line debt.
PRA Group (PRAA) announced a proposed private offering of $400.0 million in senior notes due 2033. The company intends to use the net proceeds, along with available cash, to repay approximately $400.0 million of outstanding borrowings under its North American revolving credit facility. The notes will be guaranteed on a senior unsecured basis by its qualifying existing and future domestic subsidiaries.
PRA Group Prices $400 Million Senior Notes Due 2033
PRA Group, Inc. has announced the pricing of $400 million in 8.500% Senior Notes due 2033. This offering follows an earlier proposal for the same amount of senior notes. The company's stock experienced a decline after the initial announcement of the proposed offering.
PRA Group Prices $400 Million Senior Notes Due 2033
PRA Group (PRAA) announced the pricing of a $400 million offering of 8.500% senior notes due in 2033. The article is a premium piece, requiring a subscription to read the full details.
PRA Group, Inc. Announces Pricing Of Offering Of $400 Million Of 8.500% Senior Notes Due 2033
PRA Group, Inc. announced the pricing of its offering of $400 million aggregate principal amount of 8.500% senior notes due 2033. The offering is a private transaction exempt from SEC registration, and the notes will be guaranteed by the company's domestic subsidiaries. The company plans to use the net proceeds to repay approximately $400 million of outstanding borrowings under its North American revolving credit facility.
PRA Group, Inc. (PRAA) Plans $400M Senior Notes Due 2033
PRA Group, Inc. (PRAA) plans to offer $400 million in senior notes due 2033 through a private 144A/Reg S placement, with the notes guaranteed by certain subsidiaries. The proceeds from this offering, along with cash, will be used to repay approximately $400 million on its North American revolver. This move is considered a balance-sheet restructuring to term out existing revolver borrowings.
PRA Group Plans $400 Million Offering of Senior Notes Due 2033
PRA Group (PRAA) announced its plan to offer $400 million in senior notes due 2033. The article, published by MT Newswires, indicates that a subscription plan is required to read the full details of this offering. The net proceeds from this offering were not fully detailed in the accessible portion of the text.
PRA Group, Inc. (NASDAQ:PRAA) Receives Consensus Recommendation of "Hold" from Analysts
PRA Group, Inc. (NASDAQ:PRAA) has received a consensus "Hold" rating from analysts, with an average 12-month price target of $26.00. The company's recent quarterly earnings and revenue significantly surpassed expectations. Institutional investors hold a substantial portion of PRA Group's stock, with BlackRock Inc. and other funds increasing their positions.
PRA Group Highlights Strong NPL Supply, Cost Cuts and $150M Buyback Plan
PRA Group (NASDAQ:PRAA) outlined its strategy, highlighting a favorable supply environment for non-performing loan portfolios, ongoing cost reductions, and investments in technology. The company announced a new $150 million share-buyback program, following $40 million in repurchases over the past 15 months. It also detailed significant cost-cutting measures, including the elimination of 790 positions and the consolidation of U.S. call centers, expected to yield $35 million in annualized net savings.
PRA Group Highlights Strong NPL Supply, Cost Cuts and $150M Buyback Plan
PRA Group (NASDAQ: PRAA) recently outlined its strategy, highlighting a strong supply of non-performing loan portfolios, ongoing cost-cutting measures, and investments in technology. The company reported robust Q2 2026 figures, including $8.9 billion in estimated remaining collections and a reduction in net leverage to 2.67 times. Furthermore, PRA Group announced a new $150 million share buyback program, demonstrating capital flexibility and a commitment to shareholder returns.
PRA Group Highlights Strong NPL Supply, Cost Cuts and $150M Buyback Plan
PRA Group (PRAA) outlined its strategic priorities, including capitalizing on a favorable supply of non-performing loan (NPL) portfolios, implementing cost reduction initiatives, and investing in technology. The company detailed its "PRA 3.0" strategy focusing on disciplined capital deployment and operational modernization, which has already led to significant headcount reductions and expected annual savings of $35 million. Additionally, PRA Group announced a new $150 million share repurchase program, signaling confidence in its financial position and future prospects.
PRAA5530658 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the PRAA5530658 bond issued by PRA Group, Inc. It outlines key facts such as the issuer, issue and maturity dates, face value, and minimum denomination. The profile also includes information on the bond's classification, credit risk assessment, and a detailed interest payment schedule, highlighting upcoming and past coupon payouts.
PRA Group Europe President Owen James Announces Retirement Effective December 31, 2026
Owen James, President of PRA Group Europe, announced his retirement effective December 31, 2026. Following his retirement, James will continue in an advisory role with PRA Group, Inc. until March 31, 2027, to support a smooth leadership transition. This announcement was made via a Form 8-K filing on September 23, 2026.
Owen James to Retire as President of PRA Group Europe
Owen James is set to retire as President of PRA Group Europe, effective December 31, 2026, though he will continue in an advisory role until March 31, 2027. This information was disclosed in an SEC filing by PRA GROUP INC (PRAA). The company has not yet announced details regarding his replacement.
PRA Group at Small-Cap Virtual Conference: growth, deleveraging and AI
PRA Group outlined its "PRA 3.0" strategy at the Small-Cap Virtual Conference, focusing on disciplined capital deployment, reduced leverage, and enhanced technology, including AI. The company reported record estimated remaining collections of $8.9 billion, seven consecutive quarters of deleveraging, and significant operational restructuring to improve efficiency. Despite competition, PRA Group sees favorable market conditions in both the U.S. and Europe and is prioritizing net returns and long-term value creation.
PRA Group, Inc. Announces Retirement of Owen James as President of PRA Group Europe, Effective December 31, 2026
PRA Group, Inc. announced that Owen James, President of PRA Group Europe, will retire from his role on December 31, 2026. He will then serve in an advisory capacity until March 31, 2027, to ensure a smooth transition. This notification was made by Mr. James to the Company on September 21, 2026.
PRA Group stock gains as Zacks highlights strong earnings growth outlook
PRA Group's stock recently closed at approximately USD 21.00, with Zacks maintaining a "Strong Buy" rating and projecting a 101.9% EPS growth for the upcoming report. This positive outlook is supported by recent price performance, placing the stock near the upper end of its 52-week range. The company's historical performance also indicates a tendency to exceed analyst expectations.
PRA Group stock holds steady as valuation and fundamentals stay in focus
PRA Group stock is currently considered fairly valued, trading near a modeled fair value of USD 24.07 against a market price of USD 21.00 as of September 19, 2026, suggesting a 14.6% upside. This valuation, based on recent financial reports and a market capitalization of around USD 801 million, positions the company within the credit services sector. Investors are advised to consider the company's fundamental performance, including collections and margins, against inherent sector risks like consumer credit cycles and regulatory changes.
PRA Group (PRAA) CFO has 1,514 shares withheld for taxes
PRA Group's (PRAA) Chief Financial Officer, Rakesh Sehgal, had 1,514 shares of common stock withheld on September 15, 2026, to cover tax liabilities stemming from the vesting of restricted stock units. The shares were valued at $19.39 each. Following this transaction, Sehgal directly holds 78,998 shares of PRAA common stock, with no Rule 10b5-1 trading plan reported for this disposition.
PRA Group (PRAA) director gifts 10,741 shares, 52,421 stay in trust
PRA Group (PRAA) director Lance L. Weaver reported two bona fide gifts of common stock on September 10, 2026, totaling 10,741 shares. No price was involved in these transactions, which are documented in a Form 4 filing. Following these gifts, 52,421 shares are held indirectly by a trust.
Public Employees Retirement System of Ohio Makes New Investment in PRA Group, Inc. $PRAA
The Public Employees Retirement System of Ohio has acquired 57,434 shares of PRA Group, Inc. (NASDAQ:PRAA) valued at approximately $1.09 million, representing a 0.15% stake in the company. Other institutional investors like BlackRock Inc. and State Street Corp have also adjusted their positions in PRA Group. The company recently reported strong quarterly earnings, beating analyst expectations, but analyst ratings remain mixed with an average "Hold" rating.
Wellington Management Group LLP Buys 77,188 Shares of PRA Group, Inc. $PRAA
Wellington Management Group LLP increased its stake in PRA Group, Inc. by 10.3%, purchasing an additional 77,188 shares, bringing their total ownership to 827,720 shares, or approximately 2.2% of the company. Other institutional investors like BlackRock Inc. and Topline Capital Management LLC also made significant changes to their holdings. PRA Group recently reported strong quarterly earnings, beating analyst estimates for both EPS and revenue, while its stock currently holds an average "Hold" rating from analysts with a consensus target price of $26.00.
Bank of New York Mellon Corp Buys New Position in PRA Group, Inc. $PRAA
Bank of New York Mellon Corp has acquired a new position in PRA Group, Inc. (NASDAQ:PRAA), purchasing 126,569 shares valued at approximately $2.4 million during the second quarter. This acquisition is part of broader institutional investor activity, with hedge funds and other institutional investors collectively owning 97.22% of the company's stock. PRA Group recently reported strong quarterly earnings, significantly beating analyst expectations with $1.51 EPS and $372.17 million in revenue.
PRA Group (NASDAQ:PRAA) Rating Lowered to Buy at Wall Street Zen
Wall Street Zen has downgraded PRA Group (NASDAQ:PRAA) from a "strong buy" to a "buy" rating, despite the company recently exceeding earnings and revenue expectations. PRA Group reported $1.51 EPS against an estimated $0.52 and revenue of $372.17 million against an estimated $299.99 million. The stock opened at $19.02, and institutional investors own a significant 97.22% of its outstanding shares, with a consensus "Hold" rating and a $26.00 target price from other analysts.
PRA Group, Inc. (NASDAQ:PRAA) Receives Average Recommendation of "Hold" from Brokerages
Five brokerages currently cover PRA Group, Inc. (NASDAQ:PRAA), assigning an average "Hold" rating with a 12-month target price of $26.00, significantly higher than its current $18.99 stock price. The company recently reported strong quarterly results, exceeding analyst expectations with $1.51 EPS and $372.17 million in revenue. Institutional investors hold a substantial 97.22% of PRA Group's shares, with significant new investments and increased stakes from major firms like BlackRock Inc. and Topline Capital Management LLC.
Hsbc Holdings PLC Takes $2.27 Million Position in PRA Group, Inc. $PRAA
HSBC Holdings PLC has acquired 123,822 shares of PRA Group, Inc. (NASDAQ:PRAA) valued at approximately $2.27 million during the second quarter, representing a 0.33% stake in the company. Institutional investors now collectively own 97.22% of PRA Group. The acquisition follows a strong earnings report from PRA Group, which significantly exceeded analyst expectations for both EPS and revenue, though the stock currently holds an average "Hold" rating with a consensus price target of $26.00.
Connor Clark & Lunn Investment Management Ltd. Buys Shares of 58,637 PRA Group, Inc. $PRAA
Connor Clark & Lunn Investment Management Ltd. acquired 58,637 shares of PRA Group, Inc. (NASDAQ:PRAA) during the second quarter, valued at approximately $1.1 million, giving them a 0.16% stake. Institutional investors and hedge funds collectively own 97.22% of the company. PRA Group recently reported strong quarterly earnings, significantly exceeding analyst estimates for both EPS and revenue, and the stock has received "strong buy" ratings from Wall Street Zen and Zacks Research.
Susquehanna International Group LLP Purchases 149,078 Shares of PRA Group, Inc. $PRAA
Susquehanna International Group LLP significantly increased its stake in PRA Group, Inc. by 288% in the second quarter, acquiring 149,078 shares to bring its total holdings to 200,848 shares, valued at $3.814 million. This move is part of broader institutional investment, with such entities owning 97.22% of the company's stock. Despite mixed analyst ratings, PRA Group recently reported strong quarterly earnings, with EPS of $1.51 and revenue of $372.17 million, both substantially exceeding consensus estimates.
PRA Group Inc (NASDAQ: PRAA) Share Price, PRAA Stock News, PRAA Share Price & Updates
This article provides an overview of PRA Group Inc. (NASDAQ: PRAA), a financial and business services company specializing in the purchase and collection of nonperforming loans globally. It includes key metrics, financial statements (income, balance sheet, cash flow), peer comparisons, and an AI-generated summary highlighting its business model, growth drivers, and principal risks. The company's stock price, volume, and market capitalization are also presented.
BlackRock Inc. Invests $84.18 Million in PRA Group, Inc. $PRAA
BlackRock Inc. has acquired a significant new stake in PRA Group, Inc. (NASDAQ:PRAA), purchasing over 4.43 million shares valued at approximately $84.18 million, representing an 11.62% ownership. This investment highlights strong institutional interest, with hedge funds and institutions collectively holding 97.22% of the company. The article also notes PRA Group's strong quarterly earnings, beating analyst expectations, and a mixed but overall "Hold" consensus rating from analysts with an average price target of $26.00.
PRA Group (NASDAQ: PRAA): Why Is A newly announced investor-conference presentation in Focus Now?
PRA Group (NASDAQ: PRAA) is in focus due to a newly announced investor-conference presentation, which provides a fresh reference point for evaluating the company's operational strategies. This update highlights the importance of consumer-credit portfolios and collection efficiency, enabling the market to assess the company's execution, business resilience, and future performance. Readers can use this event to understand PRA Group's resource allocation, constraints, and how the broader sector environment impacts its delivery.
PRA Group to Present at the 2026 Midwest IDEAS Conference on Wednesday, August 26
PRA Group, Inc. announced that its management is scheduled to present at the 2026 Midwest IDEAS Conference in Chicago, Illinois, on Wednesday, August 26, 2026, at 11:15 a.m. Central time. A webcast of the presentation and accompanying slides will be available on the company's investor relations website. Investors interested in scheduling a one-on-one meeting or receiving additional information can contact PRA Group's investor relations.
PRA Group to Present at the 2026 Midwest IDEAS Conference on Wednesday, August 26
PRA Group, Inc. announced its management will present at the 2026 Midwest IDEAS Conference on Wednesday, August 26, 2026, at 11:15 a.m. Central time. A webcast of the presentation and slides will be available on the company's investor relations website. The company specializes in acquiring and collecting nonperforming loan portfolios globally.
PRA Group (NASDAQ: PRAA) exec stock withheld for tax bill
James Richard Owen, President of PRA Group Europe, had 1,844 shares of PRA Group common stock withheld to cover tax liabilities associated with the vesting of restricted stock units. This transaction occurred on August 15, 2026, with the shares valued at $20.60 each for tax purposes. After the withholding, Owen directly holds 93,426 shares of PRA Group common stock.
PRA Group (PRAA) lawyer uses 3,342 shares to cover taxes
PRA Group (PRAA) General Counsel & CHRO, LaTisha Owens, had 3,342 shares of common stock withheld on August 15, 2026, to cover tax liabilities from vested restricted stock units. This transaction, valued at $20.60 per share, was not executed under a Rule 10b5-1 trading plan. Following the withholding, Owens directly holds 102,346 shares of PRAA common stock.
PRA Group (PRAA) 10K Form and Latest SEC Filings 2026
This article provides a comprehensive overview of PRA Group's (NASDAQ:PRAA) SEC filings, including 10-K, 10-Q, and 8-K reports, as well as Form 4 insider ownership disclosures. It highlights the importance of these filings for investors to access verified financial data and track significant corporate events and insider trading activity. The article also details PRA Group's recent filings, including a Form 4 submitted on August 18, 2026, and a 10-Q filed on August 7, 2026.
PRA Group (NASDAQ:PRAA) Raised to Strong-Buy at Wall Street Zen
Wall Street Zen upgraded PRA Group (NASDAQ:PRAA) from "buy" to "strong-buy" and Zacks Research also issued a "strong-buy" upgrade. Despite this, the broader analyst consensus for PRA Group remains "Hold" with a target price of $26.00. The company recently exceeded earnings estimates significantly, reporting $1.51 EPS against a $0.52 estimate, and revenue of $372.17 million versus $299.99 million expected.
PRA Group (NASDAQ:PRAA) Upgraded by Zacks Research to Strong-Buy Rating
Zacks Research has upgraded PRA Group (NASDAQ:PRAA) from a "hold" to a "strong-buy" rating. This upgrade follows a strong earnings report where the company exceeded analyst estimates for both earnings per share and revenue. Despite the upgrade, the broader analyst consensus for PRA Group remains a "hold" with an average price target of $26.00.
PRA Group Q2 Earnings Beat Estimates on Strong Portfolio Income
PRA Group (PRAA) reported strong second-quarter 2026 earnings, beating analyst estimates with EPS of $1.51 and total revenues of $372.2 million. The positive results were driven by robust cash generation across geographies, particularly in the U.S. legal and digital collections and strong European performance. Increased portfolio income and disciplined purchasing strategies also contributed to the company's success.
Assenagon Asset Management S.A. Grows Holdings in PRA Group, Inc. $PRAA
Assenagon Asset Management S.A. significantly increased its stake in PRA Group, Inc. (NASDAQ:PRAA) by 401.6% in the second quarter, acquiring 481,538 additional shares to own a total of 601,444 shares valued at $11.4 million. Other institutional investors like JPMorgan Chase & Co. and Invesco Ltd. also boosted their holdings, contributing to a substantial 97.22% institutional ownership. Despite the company's recent earnings beat, with an EPS of $1.51 and revenue of $372.17 million surpassing estimates, analysts maintain an average "Hold" rating with a $26 price target.
