# PRA Group, Inc. (PRAA)

> Source: Nexqual · https://nexqual.com/PRAA · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, PRA Group, Inc. (PRAA), nexqual.com/PRAA" · informational, not investment advice.

**Price:** USD 19.08 (-4.43% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 19.96 · day 18.91–19.73 · 52w 10.25–22.55 · market cap $718M · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $1.33B, net income -$265M (-19.9% margin) (SEC filings).
- Analysts: Hold (mean 2.67 on a 1–5 scale) (3 analysts), mean target USD 26 (range 26–26).
- Total return with dividends: 1Y +29.3% vs S&P 500 +13.4%; 5Y -55.5% vs S&P 500 +76.9%.
- Next earnings: 2026-11-05, EPS estimate USD 0.8, revenue estimate $307M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.10B | $967M | $803M | $1.11B | $1.20B | $1.33B |
| Operating income | $375M | $286M | $100M | $340M | -$30.3M | $66.6M |
| Net income | $183M | $117M | -$83.5M | $70.6M | -$305M | -$265M |
| EPS (diluted) | $4.04 | $2.94 | -$2.13 | $1.79 | -$7.79 | — |
| Free cash flow | $73.7M | $8.3M | -$100M | -$98.6M | -$90.4M | -$37.8M |
| Operating margin | 34.2% | 29.6% | 12.5% | 30.5% | -2.5% | 5.0% |
| Net margin | 16.7% | 12.1% | -10.4% | 6.3% | -25.4% | -19.9% |
| Revenue growth | +2.8% | -11.8% | -17.0% | +38.9% | +7.8% | — |
| Cash + short-term investments | $87.6M | $83.4M | $113M | $106M | $104M | — |
| Total debt | $2.61B | $2.49B | $2.91B | $3.33B | $3.70B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/S 0.5x · P/B 0.7x · FCF yield -5.27% · Earnings yield -36.91% · Buyback yield (TTM) 4.18%
P/E at fiscal year-ends: Dec 2024 11.7x.

## Analysts
Consensus Hold (mean 2.67 on a 1–5 scale), 3 analysts; mean target USD 26 (low 26, high 26).

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +29.3% | -55.5% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +29.4% | -15.0% |
| Volatility (annualized) | 59.8% | 58.2% |
| Max drawdown | -42.3% (Dec 2025→Feb 2026) | -78.6% (Jan 2022→Feb 2026) |

## Peers (Credit Services)
GDOT (Green Dot Corporation) USD 12.36 -0.24% · LU (Lufax Holding Ltd) USD 8.06 -4.05% · FINV (FinVolution Group) USD 2.94 -3.92% · WRLD (World Acceptance Corporation) USD 167.04 -1.54% · NAVI (Navient Corporation) USD 8.5 -4.06% · QFIN (Qfin Holdings, Inc.) USD 5.26 -3.84%

## More
Full page: https://nexqual.com/PRAA · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by business segment (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY | Operating income | Op. margin |
|---|---|---|---|---|---|
| Europe | $216.6M | 58.2% | +81.3% | $168.1M | 77.6% |
| United States | $150.5M | 40.4% | +9.5% | $17.3M | 11.5% |
| Total revenue | $372.2M | 100% | — | $153.3M | 41.2% |

## Revenue by region (fiscal year ended 2025-12-31)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| United States | $611.3M | 50.9% | +2.9% |
| Foreign Countries | $420.5M | 35.0% | +17.2% |
| United Kingdom | $170.1M | 14.2% | +5.1% |
| Total revenue | $1.20B | 100% | — |

## Company outlook (8-K filed 2026-08-06)

- "This review resulted in an approximately $349 million increase in European ERC, reflecting more than six years of sustained cash overperformance in Europe, as well as enhancements to our analytical processes and forecasting capabilities."
- "These amounts represent our estimated forward flow purchases over the next 12 months under the agreements in place based on projections and other factors, including sellers' estimates of future forward flow sales, and are dependent on actual delivery by the sellers and, in some cases, the impact of foreign exchange rate fluctuations."
- "Except as required by law, PRA Group, Inc. assumes no obligation to publicly update or revise its forward-looking statements contained herein to reflect any change in PRA Group, Inc.'s expectations with regard thereto or to reflect any change in events, conditions or circumstances on which any such forward-looking statements are based, in whole or in part."
- "Portfolio Financial Information (1) (in thousands) June 30, 2026 (year-to-date) As of June 30, 2026 Purchase Period Cash Collections (2) Portfolio Income (2) Changes in Expected Recoveries (2) Total Portfolio Revenue (2) Net Finance Receivables (3) U.S."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.80 | $0.59 | +35.6% | $307.4M | 2 |
| Next quarter (ends 2026-12-31) | $0.89 | $0.67 | +32.8% | $309.7M | 2 |
| Current fiscal year (ends 2026-12-31) | $3.40 | $2.52 | +35.2% | $1.30B | 1 |
| Next fiscal year (ends 2027-12-31) | $2.60 | $2.83 | -8.0% | $1.24B | 1 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-11-05): ±15.6%; last 8 reports averaged ±14.6%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 27 | 67.1% | ±15.6% |
| 2026-12-18 | 55 | 54.7% | ±17.8% |
| 2027-03-19 | 146 | 57.7% | ±30.0% |
| 2027-06-17 | 236 | 58.7% | ±38.4% |