Latest news with #PRAGroup
Yahoo
14-07-2025
- Business
- Yahoo
PRA Group to Announce Second Quarter 2025 Results on August 4
NORFOLK, Va., July 14, 2025 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its second quarter 2025 results after market close on Monday, August 4, 2025, followed by a webcast and conference call at 5 p.m. E.T. To listen to PRA Group's webcast and view the corresponding slides, visit To listen by phone on August 4, call 646-357-8785 in the U.S. or 1-800-836-8184 outside the U.S. and ask for the PRA Group conference call. To listen to a replay of the call, either visit the same website until August 4, 2026, or call 646-517-4150 in the U.S. or 1-888-660-6345 outside the U.S. and use access code 58095# until August 11, 2025. The Company currently plans to report third quarter 2025 results after market close on Monday, November 3, 2025. About PRA GroupAs a global leader in acquiring and collecting nonperforming loans, PRA Group, Inc. returns capital to banks and other creditors to help expand financial services for consumers in the Americas, Europe and Australia. With thousands of employees worldwide, PRA Group, Inc. companies collaborate with customers to help them resolve their debt. For more information, please visit Investor Contact:Najim Mostamand, CFAVice President, Investor Relations(757) 431-7913IR@ Media Contact:Giovanna GenardVice President, Global Communications and External Affairs | Marketing Leader(757) 282-3343mediainquiries@ View original content to download multimedia: SOURCE PRA Group, Inc. Sign in to access your portfolio
Yahoo
13-07-2025
- Business
- Yahoo
Citizens JMP Slashes PT on PRA Group (PRAA) to $23, Keeps an Outperform Rating
PRA Group, Inc. (NASDAQ:PRAA) is one of the best cheap stocks with huge upside potential. On May 6, Citizens JMP lowered the firm's price target on PRA Group, Inc. (NASDAQ:PRAA) to $23 from $30, keeping an Outperform rating on the shares. A senior executive in a board room with company logos and charts in the background. The firm reasoned that the company's positive directional and operational trends in fiscal Q1 2025 were very similar to its operations over the past year. This includes the considerable strength in Europe, strong purchase volumes, improving margins, double-digit collections, and cash earnings growth. However, the firm also told investors in a research note that the lower-than-expected US collections resulted in a material earnings shortfall. Citizens JMP still believes that PRA Group, Inc. (NASDAQ:PRAA) is enjoying a 'sweet spot' in the purchasing and collections cycle, which is characterized by stable employment and collections backdrop, increased supply of charge-offs, excess funding, and weakened competition overseas. PRA Group, Inc. (NASDAQ:PRAA) is involved in the purchase, collection, and management of portfolios of nonperforming loans in two broad categories: Core and Insolvency. The company also provides fee-based services on class action claims recoveries. While we acknowledge the potential of PRAA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-06-2025
- Business
- Yahoo
Experienced Leader Owen James Promoted to President of PRA Group Europe
Promotion Builds on Successful 13-Year Career at PRA Group, Most Recently Overseeing Record Portfolio Investments as Global Investments Officer NORFOLK, Va., June 19, 2025 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, has promoted Owen James to president of PRA Group Europe. As president of PRA Group Europe, James will provide leadership across 15 markets in Europe, Canada and Australia. He will also be responsible for overseeing portfolio investments across Europe, while building on the continued profitability of the European business. James will report to President and CEO Martin Sjolund, who he succeeds. "I am honored to serve as president of PRA Group Europe and to build upon the success of our European business. I am excited to continue working with our senior leadership team in this new capacity to execute our strategy and further strengthen our company's presence in key strategic markets across Europe," said James. Over the past seven years, PRA Group's European business has delivered strong results and become a significant driver of the company's performance, with more than $3 billion successfully invested in portfolios across Europe. James has more than 30 years of experience in financial services. He joined PRA Group 13 years ago, through the company's acquisition of Mackenzie Hall Holdings in 2012. James performed various leadership roles in PRA Group's European business before serving as global investments officer, where he oversaw the company's global investment strategy. Prior to joining PRA Group, he worked for more than 15 years in a variety of senior roles at Intrum, a major European debt servicer and buyer. "Having worked with Owen for more than 10 years, he is the ideal person to lead PRA Group Europe to continued success. Owen has deep investment experience, strong operational know-how and is a highly respected leader in the global nonperforming loan industry. I know he will build upon PRA Group Europe's track record of success as one of the most efficient debt-buying operations," said Sjolund. About PRA GroupAs a global leader in acquiring and collecting nonperforming loans, PRA Group, Inc. returns capital to banks and other creditors to help expand financial services for consumers in the Americas, Europe and Australia. With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt. For more information, please visit Media Contact:Giovanna GenardVice President, Global Communications and External Affairs | Marketing Leader(757) Investor Contact:Najim Mostamand, CFAVice President, Investor Relations(757) 431-7913IR@ SOURCE PRA Group, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Korea Herald
18-06-2025
- Business
- Korea Herald
Experienced Leader Owen James Promoted to President of PRA Group Europe
Promotion Builds on Successful 13-Year Career at PRA Group, Most Recently Overseeing Record Portfolio Investments as Global Investments Officer NORFOLK, Va., June 19, 2025 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, has promoted Owen James to president of PRA Group Europe. As president of PRA Group Europe, James will provide leadership across 15 markets in Europe, Canada and Australia. He will also be responsible for overseeing portfolio investments across Europe, while building on the continued profitability of the European business. James will report to President and CEO Martin Sjolund, who he succeeds. "I am honored to serve as president of PRA Group Europe and to build upon the success of our European business. I am excited to continue working with our senior leadership team in this new capacity to execute our strategy and further strengthen our company's presence in key strategic markets across Europe," said James. Over the past seven years, PRA Group's European business has delivered strong results and become a significant driver of the company's performance, with more than $3 billion successfully invested in portfolios across Europe. James has more than 30 years of experience in financial services. He joined PRA Group 13 years ago, through the company's acquisition of Mackenzie Hall Holdings in 2012. James performed various leadership roles in PRA Group's European business before serving as global investments officer, where he oversaw the company's global investment strategy. Prior to joining PRA Group, he worked for more than 15 years in a variety of senior roles at Intrum, a major European debt servicer and buyer. "Having worked with Owen for more than 10 years, he is the ideal person to lead PRA Group Europe to continued success. Owen has deep investment experience, strong operational know-how and is a highly respected leader in the global nonperforming loan industry. I know he will build upon PRA Group Europe's track record of success as one of the most efficient debt-buying operations," said Sjolund. About PRA Group As a global leader in acquiring and collecting nonperforming loans, PRA Group, Inc. returns capital to banks and other creditors to help expand financial services for consumers in the Americas, Europe and Australia. With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt. For more information, please visit
Cision Canada
18-06-2025
- Business
- Cision Canada
Experienced Leader Owen James Promoted to President of PRA Group Europe
Promotion Builds on Successful 13-Year Career at PRA Group, Most Recently Overseeing Record Portfolio Investments as Global Investments Officer NORFOLK, Va., June 18, 2025 /CNW/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, has promoted Owen James to president of PRA Group Europe. As president of PRA Group Europe, James will provide leadership across 15 markets in Europe, Canada and Australia. He will also be responsible for overseeing portfolio investments across Europe, while building on the continued profitability of the European business. James will report to President and CEO Martin Sjolund, who he succeeds. "I am honored to serve as president of PRA Group Europe and to build upon the success of our European business. I am excited to continue working with our senior leadership team in this new capacity to execute our strategy and further strengthen our company's presence in key strategic markets across Europe," said James. Over the past seven years, PRA Group's European business has delivered strong results and become a significant driver of the company's performance, with more than $3 billion successfully invested in portfolios across Europe. James has more than 30 years of experience in financial services. He joined PRA Group 13 years ago, through the company's acquisition of Mackenzie Hall Holdings in 2012. James performed various leadership roles in PRA Group's European business before serving as global investments officer, where he oversaw the company's global investment strategy. Prior to joining PRA Group, he worked for more than 15 years in a variety of senior roles at Intrum, a major European debt servicer and buyer. "Having worked with Owen for more than 10 years, he is the ideal person to lead PRA Group Europe to continued success. Owen has deep investment experience, strong operational know-how and is a highly respected leader in the global nonperforming loan industry. I know he will build upon PRA Group Europe's track record of success as one of the most efficient debt-buying operations," said Sjolund. About PRA Group As a global leader in acquiring and collecting nonperforming loans, PRA Group, Inc. returns capital to banks and other creditors to help expand financial services for consumers in the Americas, Europe and Australia. With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt. For more information, please visit Investor Contact: Najim Mostamand, CFA Vice President, Investor Relations (757) 431-7913 [email protected] SOURCE PRA Group, Inc.
