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PRAA's fourth-quarter results are likely to reflect growing cash collections and higher portfolio income.
NORFOLK, Va. , Feb. 11, 2025 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its fourth quarter and full year 2024 results after market close on Wednesday, February 19, 2025, followed by a webcast and conference call at 5 p.m.
PRAA remains well-poised for growth, attributable to improved purchase volumes, portfolio acquisitions and increased cash collections.
NORFOLK, Va. , Oct. 14, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its third quarter 2024 results after market close on Monday, November 4, 2024, followed by a webcast and conference call at 5 p.m.
Say what you want to say about collections, PRA is making huge profits for investors that continue to grow.
PRAA benefits from increased portfolio purchases and better pricing, especially in the United States, leading to improved portfolio income.
Stocks with higher earnings yields are undervalued, while lower yields suggest overpricing. WWW, PRAA, GLDD and KRO are strong value picks due to their earnings yield strength.
NORFOLK, Va., Sept. 9, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, has named Adrian Murphy as its global chief data and analytics officer, effective Sept.
NORFOLK, Va., Aug. 15, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global financial services company, is proud to announce Elizabeth Kersey, senior vice president of communications and public policy, was named the winner of a Silver Stevie® Award in the Communications, Investor Relations or PR Executive of the Year category in the 21st Annual International Business Awards®.
PRA Group is one of the few countercyclical stocks out there, proven in the 2007-2009 recession. The stock struggled recently with losses in 2023 due to poor pricing on its purchases of charged-off loans from 2020 to 2022. Pricing is now much improved due to a surge in charge-offs and higher balances for credit cards and other unsecured consumer loans.