PRA Group Announces Amendment and Extension of North American an
PRA Group, Inc. announced the amendment and extension of its North American and UK Credit Agreements, totaling $2.3 billion, for an additional five years until October 2029. The terms and interest margins on these credit facilities remain unchanged. This move provides the company with continued financial flexibility to support its business transformation and future growth, leveraging cash generation, capital access, and a strong portfolio supply environment.
PRA Group, Inc. (NASDAQ:PRAA) Receives Average 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 $25.00. The stock recently opened at $10.86, trading below its moving averages, and institutional ownership remains high at 97.22% despite some recent downgrades from research firms. Several hedge funds have increased their holdings in the company.
PRA Group downgraded to hold-equivalent at Citizens
PRA Group has been downgraded to a hold-equivalent rating by Citizens. This indicates a neutral outlook on the stock's future performance. Additional details regarding the reasons for the downgrade were not provided in this brief snippet.
PRA Group (PRAA) to Release Quarterly Earnings on Wednesday
PRA Group (NASDAQ:PRAA) is scheduled to announce its Q4 2025 earnings before market open on Wednesday, February 18th, with analysts expecting $0.50 per share. The company will host an earnings call on February 20th at 4:00 PM ET. PRAA shares opened at $11.35, with an average analyst rating of "Hold" and a price target of $25.00, while institutional investors own a significant portion of the stock.
PRA Group (PRAA) Price Target Increased by 14.71% to 26.52
The average one-year price target for PRA Group (PRAA) has been increased by 14.71% to $26.52 per share, up from $23.12. This new target is an average of analyst estimates and represents a significant increase of 121.18% from the last closing price of $11.99. Institutional ownership data shows a slight decrease in the number of funds holding PRAA, though some major holders like T. Rowe Price and Topline Capital Management either maintained or increased their positions.
PRA Group (NASDAQ:PRAA) Sets New 1-Year Low - What's Next?
PRA Group (NASDAQ:PRAA) shares recently fell to a new 52-week low of $11.75, declining by about 6.8%. This drop comes after several analyst downgrades, despite a recent EPS beat but a significant revenue miss in its latest earnings report. The company currently holds a consensus "Hold" rating from analysts with an average price target of $25.00, and institutional investors own approximately 97% of the stock.
PRA Group Announces Proposed Offering of €300.0 Million of Senior Notes due 2032
PRA Group, through its subsidiary PRA Group Europe Holding II S.à r.l. Luxembourg, plans to offer €300 million in senior notes due 2032 in a private transaction. The company intends to use the net proceeds to repay approximate $174 million tranches of outstanding borrowings from both its North American and European revolving credit facilities. This offering is aimed at qualified institutional buyers and specific non-U.S. persons, and is exempt from certain registration requirements.
PRA Group picks fast-growing Charlotte as new finance hub
PRA Group (Nasdaq: PRAA) is opening an Uptown Charlotte office in early February 2026, expanding its network of talent hubs. The move is driven by Charlotte's strong financial services talent pool, quality of life, economic growth, and airport access. The new office at One South will support cross-functional teams and hiring as the company celebrates 30 years in the nonperforming loan industry.
PRA Group, Inc. Announces Opening of Uptown Charlotte Office
PRA Group, Inc. is set to open a new Uptown Charlotte office in early February 2026, strategically expanding into one of the fastest-growing financial markets. This Charlotte location will become a new talent hub, joining the company's global headquarters in Norfolk, VA, and other international offices. The move leverages Charlotte's strong financial services talent, high quality of life, economic growth, and convenient airport access.
PRA Group Announces Opening of Uptown Charlotte Office
PRA Group, Inc., a global leader in acquiring and collecting nonperforming loans, is opening a new office in Uptown Charlotte in early February 2026. This strategic expansion into Charlotte, chosen for its strong financial services talent base, quality of life, and economic growth, will serve as another talent hub alongside their existing locations in London, Oslo, Warsaw, and Norfolk, Va. The company aims to leverage this new location to access skilled professionals and foster cross-functional teamwork as it continues to grow its business.
PRA Group to join Uptown Charlotte business community in February 2026
PRA Group announced its expansion into Uptown Charlotte, securing office space at One South by February 2026. This strategic move aims to strengthen the company's presence in one of the nation's fastest-growing financial markets. The expansion is expected to enhance PRA Group's market positioning and operational capabilities within Charlotte's vibrant economic hub.
PRA Group Insiders Placed Bullish Bets Worth US$526.9k
Multiple insiders at PRA Group, Inc. (NASDAQ:PRAA) have recently bought shares totaling US$526.9k, sending a positive signal to investors. The largest purchase was by Independent Director Geir Olsen for US$248k, even above the current share price, indicating confidence in the company's future. Despite the company reporting a loss last year, the insider buying and their 2.1% ownership suggest insiders see value in the shares.
PRA Group Insiders Placed Bullish Bets Worth US$526.9k
Multiple insiders at PRA Group, Inc. have recently purchased shares, signaling a positive outlook for the company, despite it having reported a loss last year. Notably, Independent Director Geir Olsen made significant purchases. The collective actions suggest insiders see value in PRA Group, reinforcing confidence among shareholders, though investors should also consider the company's financial performance.
PRA Group Insiders Placed Bullish Bets Worth US$526.9k
Multiple insiders at PRA Group (NASDAQ:PRAA) have made bullish purchases totaling US$526,900 in the last year, signaling confidence in the company's future despite recent losses. Independent Director Geir Olsen was a significant buyer, purchasing shares at prices higher than the current market value. Insider ownership stands at 2.1%, suggesting alignment between management and shareholders.
Portfolio Recovery Associates stock rating downgraded by Citizens
Citizens downgraded Portfolio Recovery Associates (NASDAQ:PRAA) from Market Outperform to Market Perform due to concerns over the company's current portfolio yield not generating enough revenue to cover operating expenses and funding costs. The analyst estimates it will take over three years for the company to reach a break-even point and highlighted limited funding capacity due to elevated leverage and a negative free cash flow outlook. This downgrade follows PRA Group Inc. reporting strong Q3 2025 earnings which surpassed analyst expectations.
PRAA Downgraded by Citizens: Rating Moves to Market Perform | PR
Citizens has downgraded PRA Group (PRAA) from "Market Outperform" to "Market Perform," reflecting a shift in analyst sentiment. This follows several adjustments by other firms in late 2025 and 2024, including Truist Securities lowering its price target and JMP Securities making both increases and decreases. Despite the downgrade, analysts collectively forecast an average target price of $22.67 for PRAA, implying a significant upside from its current price.
Portfolio Recovery Associates stock rating downgraded by Citizens
Citizens has downgraded Portfolio Recovery Associates (NASDAQ:PRAA) from Market Outperform to Market Perform, citing concerns over the company's current portfolio yield not generating enough revenue to cover expenses and funding costs. The analyst estimates it will take more than three years for the company to achieve a break-even purchase price multiple and gross yield. This downgrade comes despite PRA Group Inc. (a related entity) recently reporting an earnings beat for Q3 2025.
PRA Group Inc (PRAA) Trading Down 3% on Jan 23
PRA Group Inc (PRAA) saw its shares drop by 3% in mid-day trading on January 23, reaching an intraday low of $16.10 before closing slightly higher at $16.16. This price is 32.58% below its 52-week high and 31.49% above its 52-week low. Wall Street analysts forecast an average target price of $22.67 for PRAA, implying a 40.26% upside, and the stock currently holds an "Outperform" recommendation.
PRA Group, Inc. (NASDAQ:PRAA) Receives Average Recommendation of "Hold" from Analysts
PRA Group, Inc. (NASDAQ:PRAA) has received an average "Hold" recommendation from five analysts, with a consensus one-year target price of $25.00. Despite beating EPS estimates with $0.53, the company missed revenue expectations at $247.08 million and reported a negative net margin. Insider activity includes a significant purchase by Director Geir Olsen, while institutions collectively hold most of the stock.
PRA Group, Inc. (NASDAQ:PRAA) Sees Significant Drop in Short Interest
PRA Group, Inc. (NASDAQ:PRAA) experienced a 19.6% decline in short interest in December, reaching 717,337 shares, representing about 1.9% of shares short. Analysts hold a consensus "Hold" rating with an average price target of $25.00, despite some recent downgrades and price target reductions. Insider activity showed Director Geir Olsen purchasing 15,000 shares, increasing his stake by 34.14%, while institutional investors maintain a significant ownership of 97.22%.
PRA Group’s Stock Finds Its Footing: Modest Rebound, Muted Wall Street Enthusiasm
PRA Group Inc.'s stock has shown a modest rebound recently after a period of significant decline, trading in the mid-teens after losing nearly a third of its value over the past year. Analysts largely maintain a "Hold" rating, acknowledging the stock's undervaluation on some metrics but awaiting clearer signs of earnings stabilization amidst ongoing challenges like higher interest rates and consumer delinquencies. The company's future hinges on its acquisition discipline, funding costs, and adaptability to regulatory changes in the debt collection market.
PRA Group (NASDAQ:PRAA) Stock Price Passes Above 200-Day Moving Average - What's Next?
PRA Group (NASDAQ:PRAA) saw its stock price move above its 200-day moving average, reaching $16.47 with a trading volume of 247,092 shares. Market analysts currently hold a consensus "Hold" rating for PRAA, with a target price of $25.00, despite recent adjustments from firms like Truist Financial. Notably, a company director recently increased his stake by purchasing 15,000 shares, and institutional investors hold a significant portion of the stock.
PRA Group’s Earnings Call Reveals Mixed Financial Outlook
This article analyzes PRA Group's recent earnings call, highlighting both positive developments and areas of concern in their financial outlook. It covers key financial metrics, market performance, and management's future guidance, providing a comprehensive overview of the company's current state.
Shareholders in PRA Group (NASDAQ:PRAA) are in the red if they invested five years ago
PRA Group (NASDAQ:PRAA) shareholders who invested five years ago are currently at a 53% loss, despite a 23% increase in share price in the last quarter. The decline is attributed to the company's earnings per share falling below zero due to extraordinary items. Although there has been significant insider buying recently, the long-term performance indicates a negative return for investors.
PRA Group (NASDAQ:PRAA) Downgraded by Zacks Research to "Hold"
Zacks Research downgraded PRA Group (NASDAQ:PRAA) from "strong-buy" to "hold," causing a 3.9% drop in the stock price to $16.99. Despite this, the company's latest earnings showed a slight EPS beat but a significant revenue miss. Institutional investors maintain a strong interest, collectively owning about 97.22% of the company's stock, with some actively increasing their positions.
PRA Group Inc Is Quietly Exploding: Is PRAA the Most Slept-On Money Play Right Now?
PRA Group Inc (PRAA) is described as a "sleeper stock" in the debt-buying and collections industry, generating recent interest on Wall Street despite lacking social media hype. The article, noting its history of price fluctuations, suggests PRAA could be a calculated value play for patient investors willing to delve into the unglamorous but potentially profitable credit system niche. It highlights both the risks involved due to regulation, macro-economic factors, and reputational concerns, alongside the potential for a rebound if credit cycles improve and the company executes efficiently.
PRA Group Inc Is Quietly Exploding: Is PRAA the Most Slept-On Money Play Right Now?
PRA Group Inc (PRAA), a debt-buying and collections company, has recently seen a price spike and volume jump on Wall Street, despite a lack of mainstream social media buzz. The article explores whether PRAA represents a valuable contrarian play for patient investors willing to delve into the fundamentals of a less glamorous, but potentially profitable, sector. It advises investors to consider the company's business model, risks, and competition before making any moves, emphasizing deep research over hype.
PRA Group, Inc. (NASDAQ:PRAA) Given Consensus Rating of "Moderate Buy" by Analysts
Analysts have issued a "Moderate Buy" consensus rating for PRA Group, Inc. (NASDAQ:PRAA), with an average 12-month price target of $25.00. The company recently exceeded EPS estimates but missed revenue expectations, and a director made a significant insider purchase. Insiders own 2% of the stock, while institutional investors hold approximately 97.2%.
Squarepoint Ops LLC Has $1.39 Million Position in PRA Group, Inc. $PRAA
Squarepoint Ops LLC significantly increased its stake in PRA Group, Inc. (NASDAQ:PRAA) during the second quarter, now holding 93,999 shares valued at approximately $1.39 million. Other institutional investors also adjusted their holdings, bringing total institutional ownership to 97.22%. Despite some revenue misses, PRA Group reported better-than-expected EPS and has a "Moderate Buy" consensus rating from analysts with a $25 price target.
PRA Group (NASDAQ:PRAA) Shares Pass Above 200 Day Moving Average - Should You Sell?
PRA Group's stock price recently rose above its 200-day moving average, trading as high as $18.37 with a moving average of $15.51. Analysts maintain a "Moderate Buy" consensus rating and a $25 price target, despite mixed reports including a Truist downgrade to $26 and a Zacks upgrade to "strong-buy." The company surpassed EPS expectations but missed on revenue, while an insider purchased 15,000 shares.
PRA Group: Restructurings, Repeated Disappointments Strain Bull Thesis, But Risks Overstated
PRA Group (PRAA) faces challenges from inconsistent operations and repeated restructurings, causing its stock to underperform despite a recent CEO change aimed at improving efficiency. Although the market may be overstating the risks, the company needs sustained operational improvement to close its valuation gap. The author maintains a "buy" rating, anticipating a pop in earnings within 12-24 months due to restructuring efforts.
PRA Group (Nasdaq: PRAA) plans €300 million notes to repay $174 million debt
PRA Group (Nasdaq: PRAA) announced a proposed private offering of €300 million senior notes due 2032 to repay approximately $348 million in revolving borrowings. The offering is restricted to qualified institutional buyers and persons outside the U.S. and will not be registered under the Securities Act; it is not available to retail investors in the EEA or U.K. This strategic move aims to optimize the company's debt profile.
PRA Group Looks Like a Smart Buy Right Now With Tailwinds Building Up
PRA Group (PRAA) is positioned for growth due to improved cash collection efficiency in the U.S. and higher portfolio income, making it a "Buy" stock. The company's strategic, value-oriented approach to non-performing loan (NPL) acquisitions and strong financial estimates for 2025 and 2026 suggest significant potential, despite existing debt and cash flow challenges.
PRA Group, Inc. (NASDAQ:PRAA) Given Consensus Rating of "Moderate Buy" by Analysts
PRA Group, Inc. (NASDAQ:PRAA) has received a consensus "Moderate Buy" rating from five analysts, with an average 12-month price target of $25.00, despite mixed individual recommendations. Insider activity shows Director Geir Olsen recently increased his stake by purchasing 15,000 shares. The company's latest quarterly earnings beat EPS estimates but missed revenue consensus, trading at a P/E of 7.11 with a market cap of $646 million.
Why Is PRA Group (PRAA) Up 27.1% Since Last Earnings Report?
PRA Group (PRAA) shares have risen 27.1% since its last earnings report, outperforming the S&P 500. The company reported strong Q3 2025 earnings driven by increased cash collections and portfolio income, beating analyst estimates despite higher operating costs. This positive trend and upward estimate revisions have led Zacks Investment Research to issue a "Buy" rating for PRA Group.
PRA Group (Nasdaq: PRAA) plans participation in four investor events through Jan 2026
PRA Group (Nasdaq: PRAA) announced its management will participate in four investor events between November 2025 and January 2026. These events include conferences hosted by Citizens Financial Services, Bank of America, and Jefferies, as well as an Arctic Securities webinar. Key participants from PRA Group will include CEO Martin Sjolund, CFO Rakesh Sehgal, and VP Investor Relations Najim Mostamand.
PRA Group (PRAA) Losses Deepen, Reinforcing Bearish Outlook Despite Discounted Valuation
PRA Group (PRAA) continues to face deepening losses, with net losses increasing significantly over the past five years and no improvement in profit margins. Analysts predict the company will remain unprofitable for at least another three years due to rising operational costs and competitive pressures in the debt portfolio market. Despite trading at a substantial discount compared to its industry peers, the potential for a significant upside depends on improved execution of revenue and margin stabilization plans, which are uncertain given its recent performance.
PRA Group Q3 Earnings Beat Estimates on Increasing Cash Collections
PRA Group (PRAA) reported strong third-quarter 2025 results, with earnings per share and total revenues beating Zacks Consensus Estimates due to improved cash collections. Despite rising operating costs, the company saw a significant increase in cash collections and portfolio income, leading to an improved adjusted cash efficiency ratio. PRA Group maintains a positive outlook for 2025, anticipating high-single-digit cash collection growth and a return on average tangible equity of around 12%.
PRA Group Reports Third Quarter 2025 Results
PRA Group, Inc. reported its third-quarter 2025 financial results, highlighting a double-digit increase in cash collections and adjusted net income of $20.9 million, despite a non-cash goodwill impairment charge of $412.6 million. The company's CEO, Martin Sjolund, emphasized strategic progress in the U.S. business, including cost efficiency and IT modernization, and noted strong performance in European operations. Total portfolio purchases for the quarter reached $255.5 million, keeping the company on track for its annual target.
PRA Group Reports Third Quarter 2025 Results
PRA Group, Inc. reported its Q3 2025 financial results, highlighting a 13.7% increase in total cash collections to $542.2 million but a net loss of $407.7 million due to a $412.6 million goodwill impairment charge. Excluding this charge, adjusted net income was $20.9 million, and the company remains on track to achieve its 2025 portfolio purchase target of $1.2 billion. The CEO emphasized strategic progress in the U.S. business and strong performance from European operations despite the non-cash impairment.
Earnings call transcript: PRA Group Q3 2025 earnings beat expectations
PRA Group Inc. (PRAA) announced strong Q3 2025 earnings, surpassing analyst expectations with an EPS of $0.53 and revenue of $311.14 million. The company's stock rose 7% in aftermarket trading, reflecting significant growth in cash collections and progress on strategic initiatives. Despite a non-recurring $413 million goodwill impairment charge, the company reaffirmed its 2025 financial targets and remains focused on operational efficiency and a stronger capital structure.
PRA Group to Announce Third Quarter 2025 Results on November 3 - GuruFocus
PRA Group, Inc. announced it will release its third-quarter 2025 financial results on Monday, November 3, 2025, after market close. This will be followed by a webcast and conference call at 5 p.m. E.T. The company, a global leader in acquiring and collecting nonperforming loans, will make the webcast and corresponding slides available on its website.
PRA Group to Announce Third Quarter 2025 Results on November 3 - Yahoo Finance
PRA Group, Inc. (Nasdaq: PRAA) will release its third-quarter 2025 financial results on Monday, November 3, 2025, after market close. The announcement will be followed by a webcast and conference call at 5 p.m. E.T. The company specializes in acquiring and collecting nonperforming loans globally.
Q3 2025 Results on Nov. 3 — PRA Group to Report Results, Webcast & Conference Call at 5 p.m. ET - Stock Titan
PRA Group (Nasdaq: PRAA) is set to announce its third-quarter 2025 financial results after market close on Monday, November 3, 2025. This will be followed by a webcast and conference call at 5:00 p.m. ET for investors and interested parties. Access details for the live event and replays have been provided.
Experienced Leader Owen James Promoted to President of PRA Group Europe
PRA Group, Inc. (Nasdaq: PRAA) has promoted Owen James to President of PRA Group Europe, where he will lead operations across 15 markets in Europe, Canada, and Australia, and oversee portfolio investments. James, who has over 30 years of experience in financial services and a 13-year tenure at PRA Group, previously served as global investments officer. His promotion is expected to build on the European division's strong track record and profitability, following successful investments exceeding $3 billion in portfolios across Europe.
Experienced Leader Owen James Promoted to President of PRA Group Europe
PRA Group, Inc. has announced the promotion of Owen James to President of PRA Group Europe. In this role, James will lead operations across 15 markets in Europe, Canada, and Australia, and oversee portfolio investments, building on his successful 13-year career at the company. His appointment follows his tenure as Global Investments Officer, during which he oversaw record portfolio investments.
PRA Group Celebrates 10 Years of Global Expansion
PRA Group, Inc. is celebrating a decade since its acquisition of Aktiv Kapital AS, a move that significantly expanded its global footprint in the nonperforming loans industry. This milestone marks the company's successful integration and growth, now operating in 18 countries with over 3,000 employees. The anniversary highlights the strategic importance of this acquisition in shaping PRA Group into a global enterprise with strong geographic diversity.
PRA Group Launches Pride Alliance Employee Resource Group
PRA Group, a global leader in nonperforming loan acquisition and collection, launched its Pride Alliance Employee Resource Group (ERG) on June 27, 2024, during Pride Month. This ERG aims to support LGBTQ+ employees, allies, and advocates by fostering an inclusive environment. It is the fifth ERG in the company's U.S. operations and the third with a global reach, co-sponsored by Senior Vice Presidents Kim Carr and Leigh Bates.
PRA Group Intends To Offer $400 Mln Of Senior Notes, Due 2030
PRA Group, Inc. (PRAA) announced its intention to offer $400 million in Senior Notes, due 2030, through a private transaction. The company plans to use the proceeds to repay $396 million of existing debt under its North American revolving credit facility, and subsequently redeem $298 million of its 7.375% Senior Notes, due 2025. This offering targets qualified institutional buyers and certain foreign entities.
PRA Group Names Steve Macke as its Global Operations Officer
PRA Group, Inc. has appointed Steve Macke as its Global Operations Officer, effective April 29, 2024. Macke, with over three decades of experience in consumer finance and a background at Citigroup, will oversee PRA Group's call centers, legal recovery, digital, and insolvency operations. He will report to President and CEO Vik Atal, aiming to enhance operational execution and efficiency.
