PRA Group, Inc. (NASDAQ:PRAA) (the “Company”), a global leader in acquiring and collecting nonperforming loans, announced today the pricing on May 15, 2024 of its offering of $400.0 million aggregate principal amount of 8.875% Senior Notes due 2030 (the “notes”), in a private transaction that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The offering of the notes is expected to close on or about May 20, 2024, subject to the satisfaction of customary closing conditions. The notes will be guaranteed on a senior unsecured basis by each of the Company’s existing and future domestic subsidiaries that is a borrower or guarantor unde

JMP Securities analyst David Scharf reiterates PRA Group (NASDAQ:PRAA) with a Market Outperform and maintains $33 price target.

PRA Group (NASDAQ:PRAA) reported quarterly earnings of $0.09 per share which beat the analyst consensus estimate of $(0.05) by 280 percent. This is a 106 percent increase over losses of $(1.50) per share from the same period last year. The company reported quarterly sales of $255.586 million which beat the analyst consensus estimate of $233.371 million by 9.52 percent. This is a 64.40 percent increase over sales of $155.470 million the same period last year.

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PRA Group, Inc. (NASDAQ:PRAA), a global leader in acquiring and collecting nonperforming loans, has named Steve Macke as its global operations officer, effective April 29, following an external search.Macke, who will report to PRA Group President and CEO Vik Atal, will play an instrumental role in driving operational execution and improving efficiency across the business. He will oversee PRA Group's call centers, legal recovery, digital and insolvency operations."Steve is a highly experienced leader in the consumer finance industry, with a proven record in managing complex operations and driving productivity while enhancing both customer satisfaction and employee engagement. I am proud to we

U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling around 0.5% on Friday. The Dow traded down 0.24% to 38,681.46 while the NASDAQ fell 0.56% to 15,816.84. The S&P 500 also fell, dropping, 0.27% to 5,016.06. Check This Out: Amazon, Royal Caribbean Cruises And 2 Other Stocks Insiders Are Selling   Leading and Lagging Sectors   Materials shares rose by 0.8% on Friday. In trading on Friday, communication services shares fell by 1.4%.   Top Headline   Shares of TreeHouse Foods, Inc. (NYSE:THS) fell around 16% on Friday after the company reported worse-than-expected fourth-quarter revenue results and issued FY24 outlook below estimates. The company

JMP Securities analyst David Scharf maintains PRA Group (NASDAQ:PRAA) with a Market Outperform and raises the price target from $26 to $33.

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling over 50 points on Friday. The Dow traded down 0.10% to 38,736.15 while the NASDAQ fell 0.34% to 15,852.87. The S&P 500 also fell, dropping, 0.09% to 5,025.26. Check This Out: Amazon, Royal Caribbean Cruises And 2 Other Stocks Insiders Are Selling   Leading and Lagging Sectors   Materials shares rose by 0.8% on Friday. In trading on Friday, communication services shares fell by 1.6%.   Top Headline   Shares of TreeHouse Foods, Inc. (NYSE:THS) fell around 14% on Friday after the company reported worse-than-expected fourth-quarter revenue results and issued FY24 outlook below estimates. The company

Shares of DoorDash, Inc. (NASDAQ:DASH) fell sharply in today’s session as the company reported mixed financial results for its fourth quarter. The company said it expects first-quarter marketplace GOV to be between $18.5 billion and $18.9 billion and adjusted EBITDA in the range of $320 million to $380 million. DoorDash shares dipped 12.2% to $110.88 on Friday. Here are some other stocks moving in today's mid-day session. Gainers Gaxos.ai Inc. (NASDAQ:GXAI) gained 444% to $1.41. Gaxos Gaming announced plans to launch an AI solution for game developers and studios. Fusion Fuel Green PLC (NASDAQ:HTOO) shares gained 157% to $3.10. The company said it had received notification from the

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JMP Securities reiterated coverage of PRA Group with a rating of Market Outperform and set a new price target of $56.00 from $60.00 previously

JMP Securities reiterated coverage of PRA Group with a rating of Market Outperform and set a new price target of $60.00 from $47.00 previously

4 - PRA GROUP INC (0001185348) (Issuer)

NORFOLK, Va., Nov. 20, 2024 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, announced today the pricing of its upsized offering of $150.0 million aggregate principal amount of 8.875% Senior Notes due 2030 (the "notes"), which was upsized by $50.0 million from the previously announced $100.0 million, at a price of 103.625% of their principal amount, in a private transaction that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The notes w

NORFOLK, Va., Nov. 20, 2024 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, announced today that it plans, subject to market and other conditions, to offer $100.0 million aggregate principal amount of senior notes due 2030 (the "notes") in a private transaction that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The notes will be a further issuance of the Company's existing 8.875% Senior Notes due 2030 and will be issued as additional notes under the indenture dated as of May 20, 2024, pursuant to which the Company previously issued $400.0 million ag

NORFOLK, Va., Nov. 8, 2024 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA), a global leader in acquiring and collecting nonperforming loans, announces today that management is scheduled to participate at the following investor conferences in November and December: Citizens JMP Securities Financial Services ConferenceDate: Tuesday, November 12, 2024Conference Type: 1x1 meetings onlyLocation: Lotte New York Palace, New York, New York Furey Research Partners Hidden Gems ConferenceDate: Tuesday, November 26, 2024Conference Type: 1x1 meetings and presentation at 9:45 a.m. E.T.Locatio

NORFOLK, Va., Oct. 31, 2024 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, announced today that it amended and extended its North American Credit Agreement on October 28, 2024 and its UK Credit Agreement on October 30, 2024. The amendments extended the maturities for both credit facilities, totaling $2.3 billion of aggregate commitment amount, for five years to October 2029.  Pricing remains the same as the previous agreements at an interest margin of 2.25% for the North American Credit Agreement and 2.75% for the UK Credit agreement.

NORFOLK, Va., Oct. 14, 2024 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA), a global leader in acquiring and collecting nonperforming loans, will report its third quarter 2024 results after market close on Monday, November 4, 2024, 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 https://ir.pragroup.com/events-and-presentations. To listen by phone on November 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

NORFOLK, Va., Sept. 9, 2024 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA), a global leader in acquiring and collecting nonperforming loans, has named Adrian Murphy as its global chief data and analytics officer, effective Sept. 16. Murphy will report to PRA Group President and CEO Vik Atal and serve as a member of the senior leadership team. He will lead the continued development of cutting-edge analytic solutions to drive business growth. "Adrian has played a leading role in driving the development of innovation and transformations at top global financial services institution

NORFOLK, Va., Aug. 15, 2024 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA), a global financial services company, is proud to announce Elizabeth Kersey, senior vice president of communications and public policy, was named the winner of a Silver Stevie® Award in the Communications, Investor Relations or PR Executive of the Year category in the 21st Annual International Business Awards®. "I am humbled to receive this prestigious award and to be recognized among top business leaders worldwide. This truly is a great honor, not just for me, but also for my team, as our shared success

NORFOLK, Va., July 16, 2024 /PRNewswire/ -- Today, PRA Group, Inc. (NASDAQ:PRAA), a global leader in acquiring and collecting nonperforming loans, celebrates 10 years since acquiring Aktiv Kapital AS, a business that had been prominent in the same industry throughout Europe and Canada. As such, the milestone marked the start of significant global expansion for PRA Group. The anniversary festivities commenced with a reception in PRA Group's offices in London, during which members of PRA Group's Board of Directors and senior leaders who were involved in both sides of the acquisi

NORFOLK, Va., July 15, 2024 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA), a global leader in acquiring and collecting nonperforming loans, will report its second quarter 2024 results after market close on Monday, August 5, 2024, 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 https://ir.pragroup.com/events-and-presentations. To listen by phone on August 5, 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 cal

Performance Food Group Company (PFG) (NYSE:PFGC) today announced it has appointed Danielle M. Brown to serve as an independent director on its Board of Directors, effective June 28, 2024. This appointment expands PFG's Board to 12 directors. The Board appointed Ms. Brown to serve as a member of the Company's Audit and Finance Committee and Technology and Cybersecurity Committee. Ms. Brown, 53, currently serves as Senior Vice President and Chief Information Officer (CIO) of Whirlpool Corporation's Global Information Technology function. Ms. Brown has been in information technology (IT) leadership for more than 20 years, including serving as CIO at Brunswick Corporation for four years pri

Performance Food Group Company (PFG) (NYSE:PFGC) today announced it has appointed Danielle M. Brown to serve as an independent director on its Board of Directors, effective June 28, 2024. This appointment expands PFG's Board to 12 directors. The Board appointed Ms. Brown to serve as a member of the Company's Audit and Finance Committee and Technology and Cybersecurity Committee. Ms. Brown, 53, currently serves as Senior Vice President and Chief Information Officer (CIO) of Whirlpool Corporation's Global Information Technology function. Ms. Brown has been in information technology (IT) leadership for more than 20 years, including serving as CIO at Brunswick Corporation for four years pri

Seasoned Acquisitions Leader Takes on Expanded Role within PRA Group NORFOLK, Va., May 21, 2024 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA), a global leader in acquiring and collecting nonperforming loans, today announced the appointment of Dr. Marcel Köchling as European Investments Officer, effective immediately. Köchling, who holds a doctorate in business administration, is based in Germany and has been with PRA Group for over 12 years. He will continue as managing director of PRA Group Deutschland GmbH as he assumes leadership of the European acquisition team in the position formerly held by Owen James, who was promoted to Global Investments Officer in April of 2023.

Appointment Follows Constructive Engagement with Engaged Capital NORFOLK, Va., March 12, 2024 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA) ("PRA Group" or the "Company"), a global leader in acquiring and collecting nonperforming loans, announced today the appointment of Glenn Marino to the Company's Board of Directors (the "Board"), effective March 15, 2024. Marino brings 30+ years of experience in the consumer finance industry to the PRA Group Board. Most recently, he served as Executive Vice President, Chief Commercial Officer and CEO of the Payment Solutions business at Sy

NORFOLK, Va., Jan. 22, 2024 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA), a global leader in acquiring and collecting nonperforming loans, today announced the appointment of Keith Warren as chief risk and compliance officer (CRCO), effective Jan. 29. "Keith's deep industry expertise and proven track record in leading high-performing teams will be invaluable as we drive our business objectives," said PRA Group President and CEO Vik Atal.  Warren will report directly to Atal and serve as a member of the Senior Leadership Team. "I am excited to join PRA Group and contribute to i

James brings 30 years of industry experience, with the most recent 10 years at PRA Group. NORFOLK, Va., April 17, 2023 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA) (the "Company), a global leader in acquiring and collecting nonperforming loans, has announced the appointment of Owen James as global investments officer, effective April 7. PRA Group also announced today that Chris Graves, executive vice president and global investments and analytics officer, is retiring for personal health reasons, effective May 12, 2023. James has been with PRA Group for more than a decade, mos

NORFOLK, Va., July 20, 2022 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, today announced the appointment of Najim Mostamand, CFA, as vice president of investor relations. "We are excited to have Najim join our team and expand our comprehensive investor relations strategy that enhances PRA Group's long-term shareholder value," said Lauren Partin, PRA Group's senior vice president of finance and investor relations. "He has a wealth of experience in leading several successful investor relations cam

NORFOLK, Va., June 14, 2021 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that Peggy Turner was appointed to the Company's Board of Directors effective June 10, 2021.  Turner, who is independent, will serve on the Risk Committee and Nominating and Corporate Governance Committee.   Turner is currently Vice President, Guest Retention at Toyota Motors North America ("Toyota Motors"), a position she has held since 2020.  From 1991 to 2020, she held multiple positions with increasing responsibilities at Toyota Motors including Vice President, Lexus Customer Satisfaction and Vice President, Toyota Customer Relations.

NORFOLK, Va., Feb. 24, 2021 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced that Penelope W. Kyle is retiring from the Company's Board of Directors.  Ms. Kyle, who was first appointed to the Board in 2005, recently provided notice that she will not stand for re-election at this year's annual meeting of stockholders.  Ms. Kyle has served as a member of the Nominating and Corporate Governance Committee since 2005 and its Chair from 2011 to 2019.  She also served as a member of the Compensation Committee from 2005 to 2010 and has served as a member of the Compliance Committee since 2014.  "Penny's extensive experi

NORFOLK, Va., Oct. 14, 2024 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA), a global leader in acquiring and collecting nonperforming loans, will report its third quarter 2024 results after market close on Monday, November 4, 2024, 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 https://ir.pragroup.com/events-and-presentations. To listen by phone on November 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

NORFOLK, Va., July 15, 2024 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA), a global leader in acquiring and collecting nonperforming loans, will report its second quarter 2024 results after market close on Monday, August 5, 2024, 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 https://ir.pragroup.com/events-and-presentations. To listen by phone on August 5, 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 cal

NORFOLK, Va., April 15, 2024 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA), a global leader in acquiring and collecting nonperforming loans, will report its first quarter 2024 results after market close on Monday, May 6, 2024, 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 https://ir.pragroup.com/events-and-presentations.  To listen by phone on May 6, 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, e

TAMPA, FL / ACCESSWIRE / April 9, 2024 / Generation Income Properties, Inc. (NASDAQ:GIPR) ("GIPR" or the "Company") announced its twelve- month financial and operating results for the period ended December 31, 2023.Annual Highlights(For the 12 months ended December 31, 2023)Generated net loss attributable to GIP common shareholders of $6.2 million, or $2.46 per basic and diluted share.Generated Core FFO of $534 thousand, or $0.21 per basic and diluted share.Generated Core AFFO of $705 thousand, or $0.28 per basic and diluted share.FFO and related measures are supplemental non-GAAP financial measures used in the real estate industry to measure and compare the operating performance of real est

NORFOLK, Va., Jan. 16, 2024 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA), a global leader in acquiring and collecting nonperforming loans, will report its fourth quarter and full year 2023 results after market close on Thursday, February 15, 2024, 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 https://ir.pragroup.com/events-and-presentations.  To listen by phone on February 15, 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 liste

NORFOLK, Va., July 17, 2023 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA), a global leader in acquiring and collecting nonperforming loans, will report its second quarter 2023 results after market close on Monday, August 7, 2023, 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 https://ir.pragroup.com/events-and-presentations.  To listen by phone on August 7, call 844-835-9982 in the U.S. or 412-317-5267 outside the U.S. and ask for the PRA Group conference call.  To listen to a replay of the cal

NORFOLK, Va., April 17, 2023 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA), a global leader in acquiring and collecting nonperforming loans, will report its first quarter 2023 results after market close on Monday, May 8, 2023, 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 https://ir.pragroup.com/events-and-presentations.  To listen by phone on May 8, call 844-835-9982 in the U.S. or 412-317-5267 outside the U.S. and ask for the PRA Group conference call.  To listen to a replay of the call, eit

NORFOLK, Va., Feb. 6, 2023 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA), a global leader in acquiring and collecting nonperforming loans, will report its fourth quarter and full year 2022 results after market close on Monday, February 27, 2023, 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 https://ir.pragroup.com/events-and-presentations.  To listen by phone on February 27, call 844-835-9982 in the U.S. or 412-317-5267 outside the U.S. and ask for the PRA Group conference call.  To listen to

NORFOLK, Va., Nov. 3, 2022 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the third quarter of 2022 ("Q3 2022"). Q3 2022 Highlights Total portfolio purchases of $183.1 million.Total cash collections were $412.3 million.Estimated remaining collections (ERC)1 of $5.3 billion (or $5.9 billion on a constant currency-adjusted basis).Cash efficiency ratio2 of 58.4%.Diluted earnings per share were $0.63.Common stock repurchases3 of $25.0 million, or 0.7 million s

NORFOLK, Va., Oct. 13, 2022 /PRNewswire/ -- PRA Group, Inc. (NASDAQ:PRAA), a global leader in acquiring and collecting nonperforming loans, will report its third quarter 2022 results after market close on Thursday, November 3, 2022, 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 https://ir.pragroup.com/events-and-presentations.  To listen by phone on November 3, call 844-835-9982 in the U.S. or 412-317-5267 outside the U.S. and ask for the PRA Group conference call.  To listen to a replay of th