Fitch Affirms PRA Group's Ratings at 'BB'; Outlook Stable
Fitch Ratings has affirmed PRA Group Inc.'s Long-Term Issuer Default Rating (IDR) and senior unsecured debt ratings at 'BB', maintaining a Stable Outlook. This affirmation reflects PRA's global presence, improved operating metrics, and adequate liquidity, despite elevated cash flow leverage. The company's "PRA 3.0" strategy aims for sustained profitability and leverage reduction, though execution risks remain.
PRA Group Inc stock (US69354P1030): debt buyer in focus after latest results and strategic update
PRA Group Inc is under investor scrutiny following its latest quarterly results and a strategic update on its debt purchasing and cost structure. The company, a specialty finance firm focused on nonperforming consumer debt, operates across the US and Europe, navigating a high interest rate environment and changing consumer behaviors. Its performance is tied to portfolio acquisition volume, recovery rates, and operating costs, offering US investors a unique exposure to the consumer credit market.
PRA Group Inc stock (US69354P1030): earnings drop and new buyback draw investor attention
PRA Group Inc, a US debt buyer, reported weaker quarterly earnings but announced a new $100 million share repurchase program. The company specializes in purchasing and collecting nonperforming consumer loans, and its profitability is influenced by consumer payment behavior, macroeconomic conditions, and interest rates. Management is focusing on selective portfolio purchases, technology investments, and returning capital to shareholders through the buyback program.
Earnings call transcript: PRA Group Q1 2026 posts strong earnings, stock dips
PRA Group (PRAA) reported exceptional Q1 2026 results, with EPS of $0.73 significantly surpassing the forecast of $0.07, and revenue reaching $314.53 million against an anticipated $295.25 million. Despite this strong financial performance, the company's stock experienced a 9.91% dip in after-hours trading. The company's CEO, Kevin Stevenson, highlighted successful execution of strategic initiatives in digital transformation and legal collections, emphasizing a focus on long-term growth and efficiency improvements.
Earnings call transcript: PRA Group Q1 2026 posts strong earnings, stock dips
PRA Group (PRAA) significantly beat Q1 2026 earnings and revenue forecasts, reporting EPS of $0.73 against an expected $0.07, and revenue of $314.53 million against $295.25 million. Despite this strong financial performance, the company's stock dipped by 9.91% in after-hours trading. The company's Q&A session and executive commentary highlighted increased cash collections, growth in digital and legal channels, and progress on its PRA 3.0 strategy focusing on capital allocation, technology, and culture, aiming for leverage reduction and long-term value.
PRA Group to Announce First Quarter 2026 Results on May 7
PRA Group will announce its First Quarter 2026 financial results on May 7. The announcement was delivered via Quantisnow, a real-time market data platform that aggregates various financial information for investors. The article also provides a brief overview of recent analyst ratings, SEC filings, and insider transactions related to PRA Group Inc.
PRA Group (PRAA) Surpasses Q1 Earnings and Revenue Estimates
PRA Group (PRAA) announced strong financial results for Q1, surpassing both earnings and revenue estimates. The company reported adjusted earnings of $0.62 per share, exceeding the Zacks Consensus Estimate of $0.56, though declining year-over-year. Revenue also beat expectations, reaching $205.2 million against an estimated $202.9 million, despite a slight decrease from the prior year.
PRA Group (PRAA) Q4 Profit Of US$56.5 Million Tests Bearish Earnings Quality Narrative
PRA Group (PRAA) reported a Q4 2025 profit of US$56.5 million, with full-year 2025 revenue at US$1.2 billion and EPS at US$1.46. While recent quarters show profitability, a significant US$407.7 million loss in Q3 2025 led to a trailing 12-month net loss, fueling concerns about earnings quality and financial resilience among bears. Analysts, however, forecast substantial EPS growth and a move to profitability within three years, supported by operational improvements and a low P/S ratio, setting up a tension between bullish and bearish narratives.
PRA Group, Inc. (NASDAQ:PRAA) Q1 2026 Earnings Call Transcript
PRA Group, Inc. (NASDAQ:PRAA) reported a strong start to 2026 with an 11% year-over-year increase in cash collections and a net income of $28 million. The company emphasized its disciplined purchasing strategy, investing $221 million in portfolios globally, and highlighted the ongoing execution of its PRA 3.0 strategy focused on capital allocation, operational efficiency through technology and data, and fostering a strong company culture. Executives also discussed the resilience of their customer base despite macroeconomic challenges and the strategic importance of legal and digital collection channels in driving growth and efficiency.
PRA Group aims for mid-2x net leverage as it targets one global cloud platform by year-end
PRA Group is working towards a mid-2x net leverage target while simultaneously consolidating its operations onto a single global cloud platform by the end of the year. This strategic move aims to streamline its technological infrastructure and potentially improve its financial health.
PRA Group (NASDAQ:PRAA) Stock Rating Upgraded by Wall Street Zen
Wall Street Zen has upgraded PRA Group (NASDAQ:PRAA) from "hold" to "buy" following the company's strong first-quarter earnings and revenue beat. Despite the positive earnings, the stock was down 8.1% due to factors like a negative net margin and overall cautious analyst sentiment, with the average rating remaining "Hold" with a $25 price target. Institutional investors have notably increased their stakes in PRA Group, indicating continued interest and confidence.
PRA Group Inc 1Q 2026: Revenue $314.53M, EPS $0.73— 10-Q Summary
PRA Group Inc (PRAA) reported strong first-quarter 2026 results, with revenue reaching $314.53M and diluted EPS of $0.73, significantly surpassing the prior year's figures. This growth was driven by increased portfolio income, stronger recoveries, and expansion in legal collections, particularly in Europe. The company also improved operational efficiency by optimizing its U.S. call centers and focusing on disciplined portfolio purchasing.
PRA Group (NASDAQ:PRAA) Releases Quarterly Earnings Results, Beats Expectations By $0.22 EPS
PRA Group (NASDAQ:PRAA) reported strong Q1 earnings, beating consensus estimates with $0.73 EPS against an expected $0.51, and revenues of $314.5 million. The company showcased significant growth in cash collections, increased U.S. legal collections, and a robust "PRA 3.0" strategy focused on capital discipline and IT modernization, leading to a strong financial position with reduced net leverage. Despite positive earnings, PRA Group's stock traded down slightly, and analysts currently hold a "Hold" consensus rating with an average target price of $25.00.
PRA Group Posts Strong Q1 2026 Results, Advances Strategy
PRA Group announced robust Q1 2026 results, including an 11% year-on-year increase in cash collections and a net income of $28.2 million. The company is successfully executing its PRA 3.0 strategy, which focuses on technology modernization and AI initiatives to enhance efficiency and shareholder value. An analyst has rated PRAA stock a Buy with a $26.00 price target, while TipRanks' AI Analyst, Spark, assigns a Neutral rating due to weak financial quality despite improved leverage and strong technical uptrends.
PRA Group, Inc. 2026 Q1 - Results - Earnings Call Presentation (NASDAQ:PRAA) 2026-05-07
PRA Group, Inc. (PRAA) announced its Q1 2026 earnings, reporting an EPS of $0.73, beating estimates by $0.22, and revenue of $314.53 million, surpassing expectations by $18.59 million with a 16.66% year-over-year increase. This presentation is in conjunction with their earnings call.
[8-K] PRA GROUP INC Reports Material Event
PRA Group, Inc. reported sharply improved first quarter 2026 results, with total revenues of $314.5 million and net income of $28.2 million, or $0.73 diluted EPS, significantly up from the previous year. The company saw an 11.0% increase in total cash collections and a 16.6% rise in portfolio revenue, driven by strong performance in U.S. core and European portfolios. PRA Group also purchased $220.9 million of nonperforming loan portfolios, and its adjusted EBITDA for the last twelve months reached $1.35 billion, demonstrating a strong start to the year and continued progress on its PRA 3.0 strategy.
PRA Group collected $552M in Q1 as Europe and U.S. legal drove growth
PRA Group (PRAA) reported strong Q1 2026 results with cash collections reaching $551.9 million, an 11% increase year-over-year, driven by U.S. legal collections and robust European performance. The company achieved a net income of $28.2 million and a diluted EPS of $0.73, alongside a 13.9% rise in Adjusted EBITDA to $1.3 billion for the trailing twelve months. Despite a negative market reaction on the news publication day, PRA Group remains optimistic about its PRA 3.0 strategy, focusing on technological advancements and operational efficiency.
PRA Group Announces Amendment and Extension of European Credit Agreement
PRA Group, Inc. announced the amendment and extension of its European Credit Agreement, securing €730 million in financing until April 2031. This move, part of its PRA 3.0 strategy, strengthens the company's capital structure and extends its debt maturity profile without changing commitment levels or pricing. The company thanks its lending partners for their continued support in achieving its strategic goals.
PRA Group (PRAA) Surpasses Q1 Earnings and Revenue Estimates
PRA Group (PRAA) exceeded Q1 earnings and revenue estimates, reporting $0.73 per share against an expectation of $0.51, and revenues of $314.53 million, surpassing the $298.3 million consensus. The company has consistently outperformed EPS and revenue estimates over the last four quarters. Despite outperforming the S&P 500 year-to-date, the stock currently holds a Zacks Rank #3 (Hold).
PRA Group Announces Amendment and Extension of European Credit Agreement
PRA Group announced an amendment and extension of its European Credit Agreement. This information was released via Quantisnow, a real-time market data platform that provides alerts on financial news to its members. The announcement highlights the company's financial activities and was delivered quickly to Quantisnow Plus subscribers.
PRA Group (Nasdaq:PRAA) - Stock Analysis
This Simply Wall Street analysis provides an overview of PRA Group (NASDAQ:PRAA), a financial services company specializing in nonperforming loan portfolios. The report covers the company's valuation, future growth prospects, past performance, financial health, dividends, management, and ownership, noting that PRA Group is currently 15.4% undervalued according to consensus analyst targets. Despite earnings forecast to grow by 123.25% per year, the company faces risks such as poor interest coverage and a significant decline in earnings over the past five years.
PRA Group pushes €730M credit facility to 2031, pricing unchanged
PRA Group (Nasdaq: PRAA) announced it has amended and extended its European credit agreement, maintaining a €730 million commitment. The maturity date for the facility has been extended to April 2031 from November 2027, with no changes to pricing or commitment levels, aiming to stagger its debt maturity profile and preserve strong liquidity. This move supports its PRA 3.0 strategy and ensures no maturities until 2028.
PRA Group (NASDAQ: PRAA) extends €730M European credit facility to 2031
PRA Group, Inc. has amended and extended its €730 million European revolving credit facility, pushing the maturity date from November 2027 to April 2031. This amendment maintains the commitment level and pricing while reducing the maximum ERC ratio from 45.0% to 40.0% and allowing for joint venture investments up to €100 million. The company states that this move supports its PRA 3.0 capital structure strategy, ensuring no debt maturities until 2028.
PRA Group Announces Amendment and Extension of European Credit Agreement
PRA Group, Inc. announced the amendment and extension of its European Credit Agreement, securing a €730 million facility through April 2031. This move, part of their PRA 3.0 strategy, strengthens their capital structure by staggering debt maturities and maintaining strong liquidity, with no maturities now due until 2028. The company emphasized its continued collaboration with lending partners to deliver on its strategic objectives.
PRA Group (NASDAQ:PRAA) Reaches New 1-Year High - Here's What Happened
PRA Group (NASDAQ:PRAA) shares hit a new 52-week high of $22.55, trading up to $22.2050 on Monday with significant volume. The company recently beat earnings expectations, reporting an EPS of $1.46 against an anticipated $0.50, and revenue of $333.4M compared to an estimated $288.9M. Despite several analyst downgrades leading to a consensus "Hold" rating with an average price target of $25.00, institutional ownership remains high at 97.22%, with several major investors increasing their stakes in the company.
Capital Management Corp VA Decreases Holdings in PRA Group, Inc. $PRAA
Capital Management Corp VA has reduced its holdings in PRA Group, Inc. (NASDAQ:PRAA) by 21.7% in the fourth quarter, selling 122,779 shares and retaining 442,567 shares valued at $7.83 million. Despite recent downgrades from several research firms, which have led to a consensus "Hold" rating, PRA Group significantly surpassed Q4 earnings and revenue expectations. The company reported EPS of $1.46 against an expected $0.50 and revenues of $333.4 million compared to $288.9 million.
PRA Group, Inc. (NASDAQ:PRAA) Given Consensus Rating of "Hold" by Brokerages
PRA Group, Inc. (NASDAQ:PRAA) has received a consensus "Hold" rating from five brokerages, with one analyst recommending "sell," three "hold," and one "buy." The average one-year price target is $25.00. Institutional investors own a significant portion of the company's stock, and PRA Group recently beat earnings estimates, reporting $1.46 EPS against an anticipated $0.50.
Vanguard holds 1.94M PRA Group shares (PRAA) — 5.05% stake reported
Vanguard Capital Management has reported a 5.05% stake in PRA Group Inc. (PRAA), holding 1,943,981 shares. This disclosure was made via a Schedule 13G filing, indicating that Vanguard has sole voting power over 289,485 shares and sole dispositive power over all 1,943,981 shares. The filing underscores Vanguard's significant but passive investment in the company.
PRA Group, Inc. (NASDAQ:PRAA) Short Interest Update
PRA Group, Inc. (NASDAQ:PRAA) saw a significant decline in short interest during April, with a 21.3% reduction to 919,937 shares. Analysts maintain a "Hold" rating with an average price target of $25.00, and the company recently surpassed quarterly earnings and revenue estimates. Institutional ownership remains high at 97.22%.
PRA Group (PRAA) 2026 proxy details 2025 results, CEO pay and equity plan
PRA Group (PRAA) has released its 2026 proxy statement, detailing the agenda for its Annual Meeting on June 16, 2026, which includes the election of nine directors, ratification of Ernst & Young LLP as auditor, an advisory vote on executive compensation, and an amendment to increase the share authorization under its 2022 Omnibus Incentive Plan. The company reported its 2025 financial performance, noting $1.2 billion in global portfolio purchases, $8.6 billion in estimated remaining collections (up 15%), and a net loss of $305 million, compared to a $71 million income in 2024, alongside an Adjusted EBITDA of $1.3 billion (up 16%). The proxy also outlines its compensation philosophy, emphasizing pay-for-performance and aligning executive interests with stockholders, and highlights governance practices including a largely independent board and robust stock ownership guidelines.
PRA Group (PRAA) Expected to Announce Quarterly Earnings on Thursday
PRA Group (NASDAQ:PRAA) is anticipated to release its Q1 2026 earnings after market close on Thursday, May 7th, with analysts forecasting $0.51 EPS and $295.25 million in revenue. This follows a strong Q4 2025 performance where the company significantly beat estimates. The stock closed recently at $21.91, and institutional investors hold a substantial portion of its shares.
PRA Group (NASDAQ:PRAA) Hits New 52-Week High - Time to Buy?
PRA Group (NASDAQ:PRAA) recently reached a new 52-week high of $21.74, trading at $21.8020 with a market cap of $845 million. Despite beating quarterly earnings and revenue estimates, the company reported a negative net margin of 25.39%. Analysts currently rate the stock as a "Hold" with an average target price of $25, while institutional investors own approximately 97% of its shares.
PRA Group targets global ERC growth with $920M investment replacement projection for 2025
PRA Group is projecting $920 million in investment replacements for 2025, driven by global Expansion and improved economic outlook. The company expects a strong return on investment in the high teens, with a significant portion allocated to Europe and the Americas, as it aims for continued global growth in the Debt Collection industry.
PRA Group to Announce First Quarter 2026 Results on May 7
PRA Group, Inc. (Nasdaq: PRAA) will report its first quarter 2026 financial results after market close on Thursday, May 7, 2026. This will be followed by a webcast and conference call at 5 p.m. E.T. The company is a global leader in acquiring and collecting nonperforming loan portfolios.
PRA Group to Announce First Quarter 2026 Results on May 7
PRA Group, Inc. (Nasdaq: PRAA) will release its first quarter 2026 financial results after the market closes on Thursday, May 7, 2026. This announcement will be followed by a webcast and conference call at 5 p.m. E.T. The company is a global leader in acquiring and collecting nonperforming loan portfolios.
PRA Group to Announce First Quarter 2026 Results on May 7
PRA Group, Inc. (Nasdaq: PRAA) will report its first quarter 2026 financial results after market close on Thursday, May 7, 2026. This will be followed by a webcast and conference call at 5 p.m. E.T. Interested parties can access the webcast and corresponding slides or listen by phone.
PRA Group schedules May 7 earnings call after market close
PRA Group (Nasdaq: PRAA) announced it will report its first-quarter 2026 results after market close on May 7, 2026. The earnings release will be followed by a webcast and conference call at 5:00 p.m. ET, accessible via the company's investor website and dedicated phone lines. This announcement sets the timeline for investors and analysts to review the company's financial performance, focusing on trends in cash collections, adjusted earnings, and portfolio purchases.
PRA Group to Announce First Quarter 2026 Results on May 7
PRA Group, Inc. (Nasdaq: PRAA) announced that it will report its first quarter 2026 financial results after market close on Thursday, May 7, 2026. This will be followed by a webcast and conference call at 5 p.m. E.T. detailing the company's performance. Interested parties can access the webcast and replay information through the company's investor relations website and specific phone numbers.
PRA Group to Announce First Quarter 2026 Results on May 7
PRA Group, Inc. (Nasdaq: PRAA) is set to announce its first quarter 2026 financial results after market close on Thursday, May 7, 2026. The announcement will be followed by a webcast and conference call at 5 p.m. E.T. Details for accessing the webcast and conference call, including replay options, have been provided for investors and interested parties.
PRA Group Insiders Placed Bullish Bets Worth US$526.9k
Insiders at PRA Group, Inc. (NASDAQ:PRAA) have made bullish bets worth US$526.9k over the last year, primarily through a significant purchase by an Independent Director. While there haven't been recent transactions, the overall insider buying activity and their 2.4% ownership stake are seen as positive indicators for shareholders, suggesting alignment between management and long-term company growth. The article suggests that while insider transactions are not the sole factor for long-term investing, they provide valuable insights into how insiders perceive the company's prospects.
PRA Group to Announce First Quarter 2026 Results on May 7
PRA Group, Inc. (Nasdaq: PRAA) announced it will release its first-quarter 2026 financial results after the market closes on Thursday, May 7, 2026. The announcement will be followed by a webcast and conference call at 5 p.m. E.T. The company is a global leader in acquiring and collecting nonperforming loan portfolios.
PRA Group (NASDAQ:PRAA) Sets New 12-Month High - Here's Why
PRA Group (NASDAQ:PRAA) shares recently reached a new 52-week high of $21.45, with its stock currently trading around $21.31. This surge follows the company's strong quarterly earnings, which significantly surpassed analyst expectations with an EPS of $1.46 against an anticipated $0.50 and revenue of $333.39 million compared to a $288.86 million estimate. Despite mixed analyst ratings, institutional ownership remains high at 97.22%, indicating strong investor confidence.
Book value per share of PRA Group, Inc. – DUS:POV1
This article provides the book value per share for PRA Group, Inc. (DUS:POV1). It states that the market is currently closed and briefly notes that the data is sourced from ICE Data Services, FactSet, American Bankers Association, and Quartr. The primary focus is on the financial metric of book value per share for the specified company.
PRA Group (NASDAQ:PRAA) Shares Pass Above Two Hundred Day Moving Average - Here's Why
PRA Group (NASDAQ:PRAA) saw its shares trade above its 200-day moving average, reaching $18.23 on Monday, April 7, 2026. The company recently surpassed quarterly earnings and revenue estimates, reporting $1.46 EPS against an expected $0.50, and $333.39 million in revenue against $288.86 million. Despite some analyst downgrades, resulting in a "Hold" consensus and a $25.00 price target, institutional investors hold a significant 97.22% stake in the company.
PRA Group, Inc. (NASDAQ:PRAA) Given Consensus Rating of "Hold" by Brokerages
PRA Group, Inc. (NASDAQ:PRAA) has received a consensus "Hold" rating from five brokerages, with an average one-year target price of $25.00. Despite a strong quarterly earnings beat, significant institutional investor activity was noted. The stock opened at $18.04, with a market capitalization of $693.69 million, and reported a negative net margin of 25.39%.
JPMorgan Chase & Co. Has $2.39 Million Holdings in PRA Group, Inc. $PRAA
JPMorgan Chase & Co. significantly reduced its stake in PRA Group, Inc. by 28.9% in Q3, now holding 154,901 shares valued at approximately $2.39 million. This reduction comes amidst several broker downgrades for PRA Group, leading to a consensus "Hold" rating with a $25.00 average price target, despite the company beating Q4 earnings and revenue estimates.
PRA Group Shares Surge Past 200-Day Average
PRA Group, a leading debt collection firm, has seen its stock price surge past its 200-day moving average, reaching $18.04 per share, up from $15.52. This increase signals strong investor confidence in the company's debt collection strategies and financial management, driven by improved recovery rates and operational efficiency. The market's positive response suggests promising profitability and growth prospects for the global specialty finance company specializing in non-performing loans.
Stocks With Rising Relative Strength: PRA Group
PRA Group (PRAA) has seen its Relative Strength Rating increase from 62 to 71. This upgrade indicates improving technical performance for the stock. IBD's RS Rating measures a stock's price performance over the last 52 weeks against other stocks in its database.
PRA Group Inc stock: What you should know now before buying
This article provides an in-depth analysis of PRA Group Inc (PRAA), a company specializing in purchasing and recovering charged-off consumer debt. It details PRA Group's business model, market position, growth strategies, and key risks, particularly for North American investors. The piece emphasizes the company's reliance on economic cycles, regulatory environment, and its global diversification as critical factors for its performance.
Debt Collection Agencies Market to hit USD 41.7 Billion By 2033
The global debt collection agencies market is projected to reach USD 41.7 billion by 2033, growing from USD 33.1 billion in 2025 at a CAGR of 2.90%. This growth is fueled by rising consumer debt, increasing non-performing loans, and businesses outsourcing collections to reduce costs and leverage new technologies like AI. North America currently dominates the market, contributing over 40% of revenue in 2023.
