27-Mar-2024
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PRA Group Appoints Glenn Marino to Board of Directors
PRNewswire (Tue, 12-Mar 4:05 PM ET)
PRA Group Reports Fourth Quarter and Full Year 2023 Results
PRNewswire (Thu, 15-Feb 4:08 PM ET)
PRA Group Recognized as River Star Business by Elizabeth River Project
PRNewswire (Wed, 24-Jan 11:04 AM ET)
PRA Group Names Keith Warren as New Head of Risk and Compliance
PRNewswire (Mon, 22-Jan 4:15 PM ET)
PRA Group to Announce Fourth Quarter and Full Year 2023 Results on February 15
PRNewswire (Tue, 16-Jan 4:05 PM ET)
PRA Group Inc is a leader in acquiring and collecting nonperforming loans. The company returns capital to banks and other creditors to help expand financial services for consumers in the Americas, Europe, and Australia. It is also engaged in providing fee-based services on class action claims recoveries in the United States. The company's portfolio segments include; Core, which is engaged in purchasing and collecting nonperforming loans, which the originators have not chosen not to pursue, and the Insolvency segment which is engaged in purchasing and collecting nonperforming loans where the customer is involved in a bankruptcy proceeding.
Pra Group trades on the NASDAQ stock market under the symbol PRAA.
As of March 27, 2024, PRAA stock price climbed to $26.04 with 103,861 million shares trading.
PRAA has a beta of 2.54, meaning it tends to be more sensitive to market movements. PRAA has a correlation of 0.13 to the broad based SPY ETF.
PRAA has a market cap of $1.02 billion. This is considered a Small Cap stock.
Last quarter Pra Group reported $221 million in Revenue and -$.22 earnings per share. This beat revenue expectation by $13 million and exceeded earnings estimates by $.15.
In the last 3 years, PRAA stock traded as high as $51.00 and as low as $11.85.
The top ETF exchange traded funds that PRAA belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.
PRAA has underperformed the market in the last year with a return of -31.7%, while the SPY ETF gained +33.6%. In the last 3 month period, PRAA fell short of the market, returning -0.7%, while SPY returned +10.1%. However, in the most recent 2 weeks PRAA has outperformed the stock market by returning +9.6%, while SPY returned +1.7%.
PRAA support price is $24.45 and resistance is $26.05 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PRAA stock will trade within this expected range on the day.