PRA Group (NASDAQ:PRAA) Stock Rating Upgraded by Wall Street Zen

PRA Group (NASDAQ:PRAA) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

A number of other equities analysts have also weighed in on PRAA. Weiss Ratings reissued a “sell (d)” rating on shares of PRA Group in a research report on Friday, March 27th. Citizens Jmp lowered PRA Group from a “market outperform” rating to a “market perform” rating in a research report on Wednesday, January 28th. Finally, Citigroup lowered PRA Group from an “outperform” rating to a “market perform” rating in a research report on Wednesday, January 28th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, PRA Group currently has an average rating of “Hold” and a consensus target price of $25.00.

PRA Group Stock Performance

Shares of NASDAQ:PRAA opened at $19.18 on Friday. PRA Group has a fifty-two week low of $10.25 and a fifty-two week high of $22.55. The business has a 50-day simple moving average of $18.62 and a two-hundred day simple moving average of $16.38. The firm has a market cap of $731.53 million, a price-to-earnings ratio of -2.68 and a beta of 1.26.

PRA Group (NASDAQ:PRAA) last issued its earnings results on Thursday, May 7th. The business services provider reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.22. PRA Group had a positive return on equity of 13.19% and a negative net margin of 22.51%.The business had revenue of $314.53 million during the quarter, compared to analyst estimates of $295.90 million. As a group, research analysts predict that PRA Group will post 2.35 earnings per share for the current year.

Institutional Investors Weigh In On PRA Group

A number of institutional investors have recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company grew its holdings in PRA Group by 5.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,523 shares of the business services provider’s stock valued at $214,000 after buying an additional 768 shares in the last quarter. Arizona State Retirement System grew its holdings in PRA Group by 7.1% during the 3rd quarter. Arizona State Retirement System now owns 11,728 shares of the business services provider’s stock valued at $181,000 after buying an additional 781 shares in the last quarter. Focus Partners Wealth grew its holdings in PRA Group by 1.0% during the 4th quarter. Focus Partners Wealth now owns 94,900 shares of the business services provider’s stock valued at $1,679,000 after buying an additional 927 shares in the last quarter. SG Americas Securities LLC grew its holdings in PRA Group by 8.8% during the 4th quarter. SG Americas Securities LLC now owns 12,051 shares of the business services provider’s stock valued at $213,000 after buying an additional 974 shares in the last quarter. Finally, Mariner LLC grew its holdings in PRA Group by 3.2% during the 3rd quarter. Mariner LLC now owns 31,045 shares of the business services provider’s stock valued at $479,000 after buying an additional 975 shares in the last quarter. 97.22% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting PRA Group

Here are the key news stories impacting PRA Group this week:

• Positive Sentiment: PRA Group beat Q1 2026 earnings and revenue expectations, reporting EPS of $0.73 versus the $0.51 consensus and revenue of $314.53 million versus $295.90 million expected. Article Title
• Positive Sentiment: Cash collections rose 11% in the quarter, supported by stronger U.S. legal channel momentum and solid performance in Europe, which helped lift results and reinforced progress on the company’s PRA 3.0 strategy. Article Title
• Positive Sentiment: Net income improved to $28 million, signaling better operating leverage and a meaningful step up from the prior year period. Article Title
• Neutral Sentiment: Management’s earnings call and presentation may provide more detail on collection trends, capital allocation, and the outlook for the rest of 2026, which investors are likely watching closely. Article Title
• Negative Sentiment: Even with the earnings beat, PRA Group still reported a negative net margin, which may be limiting investor enthusiasm and contributing to the stock’s decline. Article Title

PRA Group Company Profile

PRA Group, Inc is a global specialty finance company focused on the acquisition and management of nonperforming loans. Founded in 1996 as Portfolio Recovery Associates, the company purchases defaulted consumer and commercial receivables at discounted rates from financial institutions, utilities and other creditors. By combining rigorous analytics with a consumer-centric ethos, PRA Group seeks to maximize recoveries while maintaining respectful and compliant interactions with debtors.

The company’s core activities include first-party and third-party collections across a range of asset classes such as credit cards, auto loans and utility receivables.