PRA Group, Inc. (PRAA)

In the past six months, PRA Group's price target was increased by 14.71% to $26.52 on February 5, 2026. The company announced the opening of a new office in Uptown Charlotte on January 30, 2026. Citizens downgraded PRA Group to a Hold-equivalent rating on January 29, 2026. A new target of $26 for PRA Group was reported on January 12, 2026. An article on December 10, 2025, discussed how restructurings and repeated disappointments strain the bull thesis for PRA Group, but suggested risks might be overstated. PRA Group's price target was decreased by 11.69% to $23.12 on November 17, 2025. On November 3, 2025, the company reported its third-quarter 2025 results, which included a significant non-recurring, non-cash goodwill impairment charge of $412.6 million, leading to a net loss of $407.7 million; excluding this charge, adjusted net income was $20.9 million, and cash collections increased by 13.7% year-over-year. On August 4, 2025, PRA Group reported strong second-quarter 2025 results with double-digit cash collections growth and a record estimated remaining collections (ERC), also announcing a $30 million after-tax gain from the sale of its equity interest in RCB in Brazil. On February 19, 2025, the company reported its fourth-quarter and full-year 2024 results, highlighting record portfolio purchases of $1.4 billion and cash collections growth of 13% to $1.9 billion for the full year. Over the past year, PRA Group's stock has underperformed both the US Consumer Finance industry and the broader US Market.

Direct information explicitly detailing seasonal demand patterns for PRA Group's debt collection products and services is not readily available. The nature of their business is influenced by broader economic conditions and consumer credit trends. Rising consumer credit charge-offs can lead to a higher supply of nonperforming loans for companies like PRA Group to purchase. The company's business model also involves adapting its collection strategies, such as shifting towards call center-based collection when economic recovery makes consumers more willing to agree to payment plans. Specific seasonal fluctuations in the demand for their services are not explicitly outlined.

PRA Group, Inc. is a global financial and business services company that specializes in acquiring and collecting nonperforming loans. The company operates through two main portfolio segments: Core and Insolvency, and also provides fee-based services related to class action claims recoveries in the United States. PRA Group operates in the Financial Services sector, primarily within Credit Services or Other Financial Services.

PRA Group, Inc. is headquartered in Norfolk, Virginia, and has a significant global presence, with portfolio operations extending across 18 countries, utilizing 12 languages and 12 currencies. The company operates in the Americas, Europe, and Australia, with key office locations including Norfolk, Uptown Charlotte, London, Oslo, and Warsaw. PRA Group expanded into the UK market in 2012 and made its largest acquisition in 2014 with Norway-based Aktiv Kapital. The company also has operations in South America.

PRA Group's brand reputation has been significantly affected by past legal and regulatory issues. In March 2023, PRA Group was fined $24 million by the CFPB for continued illegal debt collection practices and consumer reporting violations. In 2024, PRA Group paid $5.5 million to settle a class-action lawsuit alleging violations of North Carolina debt collection law. In the first 11 months of 2025, PRA Group has also been noted for responding less often to consumer complaints filed to the CFPB, with an untimely response rate of 4.3%, up from 0.7% in the same period of 2024.

The ownership structure of PRA Group stock is a mix of institutional, retail, and individual investors. Approximately 44.69% of the company's stock is owned by Institutional Investors, 3.40% by Insiders, and 51.91% by Public Companies and Individual Investors. Major institutional owners include Blackrock, Inc., T. Rowe Price Investment Management, Inc., and Vanguard Group Inc.