BNET Industries

Portfolio Recovery Associates Inc.

(PRAA) is in the Financial Services Industry

Market Cap:$706.5M
Last Fiscal Year Sales:$263.2M
  • Public
  • US
Dow Jones Description

PRA began operations in 1996 and has been a public company since November 2002. Since our initial public offering, we have invested approximately $1 billion in portfolio purchases and our portfolio of purchased consumer debt has increased from $5.1 billion to over $35 billion in face value. We employ over 1,800 people in offices from coast to coast. PRA operates businesses that focus on the following: Debt Purchase: We acquire portfolios of charged-off and bankrupt consumer debt at a discount and seek to collect a multiple of our purchase price over the economic life of a portfolio. Skip Location: We locate collateral and coordinate asset recovery for auto loan issuers and servicers. Government Revenue Administration: For municipalities, we identify and recover sources of revenue, assist with the collection of unpaid debts, conduct taxpayer auditing, and offer complete turn-key, outsourced tax administration. Portfolio Recovery Associates, Inc. common stock is traded on The NASDAQ Global Stock Market under the ticker symbol a PRAAa ?. PRA was a founding member of the American Asset Buyers Association, and is currently a member of ACA International, DBA International, and numerous Chambers of Commerce.

Number of Employees 2,032
Contact Information

120 Corporate Blvd

Norfolk, Virginia 23502

portfoliorecove...

(757) 519-9300

NAICS Code Collection Agencies: 561440

Recent Events

  • Settlements top $1 million in debt-collection lawsuit

    11/28/09 - Joint Venture / Alliance - View Story

  • Riding the Wave of a Wrecked Financial System

    10/30/09 - Financial Announcement - View Story

  • Portfolio Recovery Associates Reports Second Quarter 2009 Results

    7/29/09 - Financial Announcement - View Story

  • Collection Agencies Call Up Revenue in Recession

    6/23/09 - Bond / Stock Rating - View Story

News & Analysis

earnings and portfolio recovery associates inc. - All News and Analysis

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     PRAA $47.07 +1.46 (3.20% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 93,480
Shares Outstanding 15.49M
Market Cap 729.2M
Year High 50.5
Year Low 19.41
Earnings Per Share 2.77
P/E Ratio 16.99
Dividend N/A
Yield N/A
IndustryTop Rated

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