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Consumer Portfolio Services (NASDAQ:CPSS) Releases Earnings Results, Misses Expectations By $0.11 EPS

Consumer Portfolio Services logo with Finance background

Consumer Portfolio Services (NASDAQ:CPSS - Get Free Report) issued its earnings results on Monday. The credit services provider reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.30 by ($0.11), Zacks reports. Consumer Portfolio Services had a net margin of 5.59% and a return on equity of 7.59%.

Consumer Portfolio Services Stock Performance

Shares of NASDAQ CPSS traded up $0.25 during trading hours on Monday, reaching $9.60. The stock had a trading volume of 14,364 shares, compared to its average volume of 31,672. The business's fifty day moving average is $8.87 and its two-hundred day moving average is $10.13. The company has a market cap of $205.85 million, a price-to-earnings ratio of 11.03 and a beta of 0.93. Consumer Portfolio Services has a twelve month low of $7.03 and a twelve month high of $12.73. The company has a debt-to-equity ratio of 10.52, a current ratio of 19.17 and a quick ratio of 19.16.

Analysts Set New Price Targets

Separately, StockNews.com raised Consumer Portfolio Services from a "buy" rating to a "strong-buy" rating in a research report on Saturday, March 8th.

Read Our Latest Stock Report on CPSS

Insider Buying and Selling at Consumer Portfolio Services

In related news, Director William B. Roberts sold 6,259 shares of the firm's stock in a transaction on Friday, March 7th. The stock was sold at an average price of $9.41, for a total transaction of $58,897.19. Following the completion of the sale, the director now directly owns 690,078 shares of the company's stock, valued at $6,493,633.98. This trade represents a 0.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last ninety days, insiders have sold 11,169 shares of company stock valued at $104,459. 69.00% of the stock is currently owned by corporate insiders.

About Consumer Portfolio Services

(Get Free Report)

Consumer Portfolio Services, Inc operates as a specialty finance company in the United States. It is involved in the purchase and service of retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans.

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Earnings History for Consumer Portfolio Services (NASDAQ:CPSS)

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