Portfolio Recovery Associates Inc (NASDAQ:PRAA)

During the Trading Day
55.34 -0.28 / -0.50%
Data as of 3:59pm ET
Day’s Change
During After-Hours   Switch to standard view »
55.34 +0.0025 / +0.00%
Volume: 62.3K
Commercial Services
Miscellaneous Commercial Services

Company Description

Portfolio Recovery Associates, Inc. is a financial and business services company. The company through its subsidiaries purchases and manages portfolios of defaulted and bankrupt consumer receivables and provides a broad range of accounts receivable management services to lenders, service providers, governments, and others. Its business focuses upon the detection, collection, and processing of both unpaid and normal-course accounts receivable originally owed to credit grantors, governments, retailers and others. The company also provides a broad range of fee-based services, including revenue enhancement for local governments; vehicle location, skip-tracing and collateral recovery for auto lenders, governments, and law enforcement; contingent consumer debt recovery on behalf of banks, credit providers, and debt purchasers; and filing of class action claims on behalf of institutional investors, manufacturers, and retailers. Portfolio Recovery Associates was founded by Teven D. Fredrickson and Kevin P. Stevenson on March 20, 1996 and is headquartered in Norfolk, VA.

Contact Information

Portfolio Recovery Associates, Inc.
Riverside Commerce Center
Norfolk Virginia 23502-4962
P:(757) 519-9300
Investor Relations:
(757) 961-3510



Other institutional62.18%
Mutual fund holders49.77%
Individual stakeholders24.35%

Top Executives

Steven D. FredricksonChairman, President & Chief Executive Officer
Neal SternExecutive Vice President-Operations
Kevin P. StevensonCFO, Treasurer & Chief Administrative Officer
Paul CarnesVice President-Information Technology
Judith S. ScottSecretary, Executive VP & General Counsel

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.