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Portfolio Recovery Associates Inc
Portfolio Recovery Associates, LLC is a provider of outsourced collection services for banks, consumer and commercial lenders, credit unions, utilities, and hospitals. The company also offers skiptracing services that locate hard-to-find consumers by using data analysis and skip tracing techniques.
The current CEO of Portfolio Recovery Associates is Janet Griefer. Portfolio Recovery Associates' headquarters are located in Norfolk, Virginia.
Portfolio Recovery Associates is listed on the NASDAQ stock exchange under the ticker symbol PRAA. The company's market capitalization is $867.5 million, and its stock price has ranged between $25.97 and $41.90 over the past year.
Here are some general information and vital statistics about PRAA:
* Market Capitalization: $867.5 million
* Ticker symbol: PRAA
* Current stock price: $38.24($25.97 - $41.90 over the past year)
* P/E ratio: 14.68
* Earnings per share: $0.57
* Next earnings date: N/A
* Sector: Business Services
* Industry: Business Services
* Fiscal year end: December
* Qtr. ending: September
* Revenue (ttm): $551.28 million
* Gross Margin (ttm): 51.84%
* Net Income (ttm): $106.49 million
* Earnings Growth (ttm): 32.00%
* Earnings Growth (5 year): 12.00%
* Dividend yield (ttm): 0.00%
* Beta: 1.24
* Average Volume (3 months): 119,962
* P/E Ratio (ttm): 14.68
The company's financial health appears strong, with a return on equity of 33.1%, a profit margin of 25.8%, and a net margin of 22.2%.
In 2022, analysts predicted a growth rate of 18.2% for Portfolio Recovery Associates, Inc. (PRAA), higher than the industry'th's 16.9%. This suggests that PRAA outperforms its peers. This company's Earnings Per Share (EPS) are expected to grow 16.5% next year, much faster than the industry average of 11.5%.
In conclusion, Portfolio Recovery Associates, Inc. (PRAA) has grown significantly over the past year. Consensus EPS estimates for 2022 have increased from $2.41 to $3.03, a 26% increase. This suggests that Wall Street analysts are optimistic about PRAA's future earnings potential.