$PRAA

PRA GROUP INC (PRAA) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 q22026earningsrelease.htm EX-99.1 Document PRA Group Reports Second Quarter 2026 Results $58 Million Net Income Driven by $349 Million Increase in Europe ERC Following Comprehensive European Portfolio Review and Strong Long-Term Performance Continued to Deliver on Signi

Financial Counselling Australia’s Rate the Banks report, based on a survey of 201 financial counsellors, rates lenders’ hardship support on a 0-to-10 scale. Big four banks averaged 7.0, while smaller banks averaged 5.6 and non-bank lenders averaged 4.4. Prospa scored 2.5, and PRA Australia 4.6. Credit Corp led debt collectors at 7.6.

Financial Counselling Australia (FCA) has released its latest ‘Rank the Banks’ report, which also includes non-bank lenders and debt collectors. The triennial report card, last published in December 2023, looks at how lenders and debt collectors treat people experiencing financial hardship. The findings in the latest report in this long-running series show there has been meaningful progress among the big four banks.

PRA GROUP INC (PRAA) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. praa-20260616 false 0001185348 0001185348 2026-06-16 2026-06-16 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported):

Vanguard Capital Management has reported a 5.05% stake in PRA Group Inc. (PRAA), holding 1,943,981 shares. This disclosure was made via a Schedule 13G filing, indicating that Vanguard has sole voting power over 289,485 shares and sole dispositive power over all 1,943,981 shares. The filing underscores Vanguard's significant but passive investment in the company.

PRA Group, Inc. (NASDAQ:PRAA) has received a consensus "Hold" rating from analysts, with an average 1-year price target of $25.00. Recent analyst downgrades from Citizens Jmp, Citigroup, and Zacks Research contributed to this rating. The article also details significant institutional investor activity and the company's recent financial performance, including its Q4 earnings beat.

Short interest in PRA Group, Inc. (NASDAQ:PRAA) increased significantly by 61.6% in February, reaching approximately 1.27 million shares, which represents about 3.3% of its float with a days-to-cover ratio of 2.0. This surge occurred despite the company reporting better-than-expected Q4 earnings, with EPS of $1.46 against an estimated $0.50 and revenue of $333.4 million versus $288.9 million. While the stock saw a 24.3% jump to $15.75 after the positive earnings, analysts maintain a consensus "Hold" rating with an average price target of $25.00, expressing skepticism about sustained recovery and emphasizing the need for improved acquisition execution and collection efficiency.

PRA Group (Nasdaq: PRAA) announced a proposed private offering of €300 million senior notes due 2032 to repay approximately $348 million in revolving borrowings. The offering is restricted to qualified institutional buyers and persons outside the U.S. and will not be registered under the Securities Act; it is not available to retail investors in the EEA or U.K. This strategic move aims to optimize the company's debt profile.

The mean of analysts' price targets for PRA Group (PRAA) points to a 42% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.