as a global leader in acquiring nonperforming loans, pra group (nasdaq: praa) returns capital to global banks and other creditors to help expand financial services for consumers in the americas and europe. pra group companies collaborate with customers to help them resolve their debt and provide a broad range of additional revenue and recovery services to business and government clients. pra has been recognized as one of fortune's 100 fastest-growing companies for three years and one of forbes' best small companies in america for eight consecutive years since 2007.
Company profile
Ticker
PRAA
Exchange
Website
CEO
Kevin Stevenson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
PORTFOLIO RECOVERY ASSOCIATES INC
SEC CIK
Corporate docs
Subsidiaries
Portfolio Recovery Associates, LLC • PRA Receivables Management, LLC • PRA Holding IV, LLC • PRA Holding V, LLC • Claims Compensation Bureau, LLC • PRA Group Canada Inc. • PRA Group • PRA Group Europe • PRA Group (UK) Limited • PRA Group Sverige AB ...
IRS number
753078675
PRAA stock data
Latest filings (excl ownership)
8-K
PRA Group Appoints Glenn Marino to Board of Directors
13 Mar 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
PRA Group Reports Fourth Quarter and Full Year 2023 Results
15 Feb 24
8-K
Departure of Directors or Certain Officers
7 Dec 23
10-Q
2023 Q3
Quarterly report
6 Nov 23
8-K
PRA Group Reports Third Quarter 2023 Results
6 Nov 23
8-K
PRA Group Announces Chief Financial Officer Transition
24 Aug 23
10-Q
2023 Q1
Quarterly report
7 Aug 23
8-K
PRA Group Reports Second Quarter 2023 Results
7 Aug 23
8-K
Departure of Directors or Certain Officers
14 Jul 23
Transcripts
PRAA
Earnings call transcript
2023 Q4
15 Feb 24
PRAA
Earnings call transcript
2023 Q3
6 Nov 23
PRAA
Earnings call transcript
2023 Q2
7 Aug 23
PRAA
Earnings call transcript
2023 Q1
8 May 23
PRAA
Earnings call transcript
2022 Q4
27 Feb 23
PRAA
Earnings call transcript
2022 Q3
6 Nov 22
PRAA
Earnings call transcript
2022 Q2
9 Aug 22
PRAA
Earnings call transcript
2022 Q1
10 May 22
PRAA
Earnings call transcript
2021 Q4
1 Mar 22
PRAA
Earnings call transcript
2021 Q3
9 Nov 21
Latest ownership filings
4
Vikram A Atal
17 Apr 24
4
GLENN P MARINO
19 Mar 24
3
GLENN P MARINO
19 Mar 24
4
Martin Sjolund
11 Mar 24
4
LaTisha Owens Tarrant
11 Mar 24
4
Rakesh Sehgal
11 Mar 24
4
Richard Owen James
11 Mar 24
4
Vikram A Atal
11 Mar 24
SC 13D/A
Engaged Capital LLC
16 Feb 24
SC 13G
T. Rowe Price Investment Management, Inc.
14 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 118.42 mm | 118.42 mm | 118.42 mm | 118.42 mm | 118.42 mm | 118.42 mm |
Cash burn (monthly) | 2.08 mm | (no burn) | (no burn) | (no burn) | 12.48 mm | 7.77 mm |
Cash used (since last report) | 13.80 mm | n/a | n/a | n/a | 82.72 mm | 51.52 mm |
Cash remaining | 104.61 mm | n/a | n/a | n/a | 35.70 mm | 66.89 mm |
Runway (months of cash) | 50.2 | n/a | n/a | n/a | 2.9 | 8.6 |
Institutional ownership, Q3 2023
95.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 151 |
Opened positions | 23 |
Closed positions | 19 |
Increased positions | 49 |
Reduced positions | 63 |
13F shares | Current |
---|---|
Total value | 705.79 bn |
Total shares | 37.34 mm |
Total puts | 99.00 k |
Total calls | 58.00 k |
Total put/call ratio | 1.7 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 6.21 mm | $119.23 bn |
Vanguard | 4.31 mm | $82.88 bn |
Wellington Management | 3.88 mm | $74.61 bn |
T. Rowe Price Investment Management | 3.36 mm | $64.59 bn |
Dimensional Fund Advisors | 1.66 mm | $31.96 bn |
STT State Street | 1.48 mm | $28.51 bn |
Global Alpha Capital Management | 1.38 mm | $26.58 bn |
BK Bank Of New York Mellon | 1.34 mm | $25.69 bn |
William Blair Investment Management | 1.09 mm | $20.87 bn |
UBS UBS Group AG - Registered Shares | 963.52 k | $18.51 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Apr 24 | Atal Vikram A | Common Stock | Sell | Dispose S | No | No | 24.39 | 5,830 | 142.19 k | 155,625 |
15 Mar 24 | Marino Glenn P | Common Stock | Grant | Acquire A | No | No | 0 | 1,619 | 0.00 | 1,619 |
7 Mar 24 | Atal Vikram A | Common Stock | Grant | Acquire A | No | No | 0 | 94,824 | 0.00 | 161,455 |
7 Mar 24 | Richard Owen James | Common Stock | Payment of exercise | Dispose F | No | No | 24.69 | 1,193 | 29.46 k | 43,181 |
7 Mar 24 | Richard Owen James | Common Stock | Payment of exercise | Dispose F | No | No | 24.69 | 680 | 16.79 k | 44,374 |
7 Mar 24 | Richard Owen James | Common Stock | Grant | Acquire A | No | No | 0 | 3,951 | 0.00 | 45,054 |
7 Mar 24 | Richard Owen James | Common Stock | Grant | Acquire A | No | No | 0 | 1,444 | 0.00 | 41,103 |
7 Mar 24 | Richard Owen James | Common Stock | Grant | Acquire A | No | No | 0 | 15,804 | 0.00 | 39,659 |
News
PRA Group Names Steve Macke As Its Global Operations Officer, Effective April 29
17 Apr 24
Crude Oil Gains Over 1%; Cooper-Standard Shares Plummet
16 Feb 24
JMP Securities Maintains Market Outperform on PRA Group, Raises Price Target to $33
16 Feb 24
Nasdaq Down 50 Points; TreeHouse Foods Shares Tumble After Q4 Results
16 Feb 24
Why DoorDash Shares Are Trading Lower By Around 12%? Here Are Other Stocks Moving In Friday's Mid-Day Session
16 Feb 24
Press releases
PRA Group Names Industry Veteran Steve Macke as its Global Operations Officer
17 Apr 24
PRA Group to Announce First Quarter 2024 Results on May 6
15 Apr 24
Generation Income Properties Announces Fourth Quarter and Year-End 2023 Financial and Operating Results
9 Apr 24
PRA Group Appoints Glenn Marino to Board of Directors
12 Mar 24
PRA Group Recognized as River Star Business by Elizabeth River Project
24 Jan 24