PRA Group (PRAA) Stock Price, News & Analysis

Company Overview

PRA Group, Inc., a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans worldwide. 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 card accounts, private label and other credit card accounts, personal loans, automobile loans, and small business loans 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. 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.

Key Stats

• Today's Range: $20.59 to $21.75
• 50-Day Range: $18.84 to $24.72
• 52-Week Range: $18.64 to $31.43
• Volume: 1.46 million shs
• Average Volume: 220,511 shs
• Market Capitalization: $821.66 million
• P/E Ratio: 18.95
• Dividend Yield: N/A
• Price Target: $32.00
• Consensus Rating: Buy

PRA Group Stock Analysis - MarketRank™

PRA Group scored higher than 85% of companies evaluated by MarketBeat, and ranked 215th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

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.

Amount of Analyst Coverage

PRA Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 28.03%

Earnings Growth

Earnings for PRA Group are expected to grow by 28.03% in the coming year, from $1.57 to $2.01 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of PRA Group is 18.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.42.

Price to Earnings Ratio vs. Sector

The P/E ratio of PRA Group is 18.95, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 26.69.

Price to Book Value per Share Ratio

PRA Group has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.12% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in PRA Group has recently decreased by 14.02%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

PRA Group does not currently pay a dividend.

Dividend Growth

PRA Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.12% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in PRA Group has recently decreased by 14.02%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.2 / 5
• News Sentiment: 0.22

News Sentiment

PRA Group has a news sentiment score of 0.22. 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 lower news sentiment than the 0.75 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for PRA Group this week, compared to 3 articles on an average week.

Search Interest

Only 2 people have searched for PRAA on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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.

Percentage Held by Institutions

97.22% of the stock of PRA Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PRAA Stock Analysis - Frequently Asked Questions

How have PRAA shares performed this year?

PRA Group's stock was trading at $26.20 on January 1st, 2024. Since then, PRAA shares have decreased by 20.5% and is now trading at $20.84.
View the best growth stocks for 2024 here.

How were PRA Group's earnings last quarter?

PRA Group, Inc. (NASDAQ:PRAA) announced its quarterly earnings results on Monday, November, 4th. The business services provider reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.37. The company's revenue for the quarter was up 30.1% compared to the same quarter last year.

Who are PRA Group's major shareholders?

PRA Group's top institutional shareholders include Wellington Management Group LLP (9.87%), Global Alpha Capital Management Ltd. (4.61%), State Street Corp (3.81%) and Geode Capital Management LLC (2.36%). Insiders that own company stock include Kevin P Stevenson, Vikram A Atal, Steven D Fredrickson, Marjorie Mary Connelly, Brett Lee Paschke, Geir Olsen, Laura White, Steven C Roberts, Christopher B Graves, John H Fain and Peter M Graham.
View institutional ownership trends.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of PRA Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that PRA Group investors own include Tesla (TSLA), Meta Platforms (META), Alphabet (GOOG), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 11/04/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Short - term business credit
• Sub-Industry: Consumer Finance
• Current Symbol: NASDAQ:PRAA
• CUSIP: 73640Q10
• CIK: 1185348
• Web: www.pragroup.com
• Phone: (888) 772-7326
• Fax: 757-518-0901
• Employees: 3,155
• Year Founded: 1996

Price Target and Rating

• Average Stock Price Target: $32.00
• High Stock Price Target: $33.00
• Low Stock Price Target: $31.00
• Potential Upside/Downside: +53.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.10
• Trailing P/E Ratio: 18.95
• Forward P/E Ratio: 13.27
• P/E Growth: N/A
• Net Income: $-83,480,000.00
• Net Margins: 4.16%
• Pretax Margin: 6.67%
• Return on Equity: 2.90%
• Return on Assets: 0.77%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.19
• Quick Ratio: 1.19

Sales & Book Value

• Annual Sales: $1.05 billion
• Price / Sales: 0.78
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $31.58 per share
• Price / Book: 0.66

Miscellaneous

• Outstanding Shares: 39,427,000
• Free Float: 38,638,000
• Market Cap: $821.66 million
• Optionable: Optionable
• Beta: 1.49