PRAA

Over the past six months (March 2026 - September 2026), PRA Group's stock price was impacted by several events. In August 2026, the company reported strong second-quarter earnings, significantly beating analyst estimates with an EPS of $1.51 and revenue of $372.17 million. Cash collections increased by 4% year-over-year to $559 million, and European Estimated Remaining Collections (ERC) reached a record $8.9 billion. PRA Group also announced an expanded $150 million share repurchase authorization and improved its net leverage to 2.67x, contributing to a roughly 55% increase in the stock price over the period. However, shares experienced a modest pullback on August 31, 2026, due to broader market risk-off sentiment. In May 2026, the company's first-quarter earnings also surpassed expectations with an EPS of $0.73 and revenue of $314.53 million. Earlier in April 2026, PRA Group refinanced its European revolving credit facility, extending its maturity. In March 2026, the company partnered with StepChange Debt Charity in the UK to promote financial inclusion and implemented cost reductions to streamline its U.S. business operations, including consolidating call centers.