FirstCash Holdings, Inc. (NASDAQ:FCFS) to Issue Quarterly Dividend of $0.42

Key Points

• FirstCash declared a quarterly dividend of $0.42 per share (annualized $1.68), payable May 29 to shareholders of record on May 15, implying a yield of about 0.8% and marking eight consecutive years of annual increases.
• The company posted an earnings beat with $2.69 EPS vs. $2.30 expected and revenue of $1.05 billion (up 25.7% year‑over‑year), alongside a ~18% return on equity and ~9% net margin.
• Shares trade near $212 (market cap ~$9.3B, P/E ~28.6); analysts maintain an overall Buy consensus but show mixed ratings and a consensus target of $183.25.

FirstCash Holdings, Inc. (NASDAQ:FCFS - Get Free Report) declared a quarterly dividend on Thursday, April 23rd. Stockholders of record on Friday, May 15th will be paid a dividend of 0.42 per share on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, May 15th.

FirstCash has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 8 consecutive years. FirstCash has a payout ratio of 18.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect FirstCash to earn $11.80 per share next year, which means the company should continue to be able to cover its $1.68 annual dividend with an expected future payout ratio of 14.2%.

FirstCash Price Performance

Shares of FCFS opened at $212.33 on Friday. The firm has a market cap of $9.31 billion, a price-to-earnings ratio of 28.62 and a beta of 0.47. The stock has a 50 day moving average of $193.73 and a 200-day moving average of $173.04. The company has a current ratio of 4.55, a quick ratio of 3.36 and a debt-to-equity ratio of 0.97. FirstCash has a 52 week low of $119.21 and a 52 week high of $227.26.

FirstCash (NASDAQ:FCFS - Get Free Report) last issued its earnings results on Thursday, April 23rd. The company reported $2.69 EPS for the quarter, topping the consensus estimate of $2.30 by $0.39. The company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1 billion. FirstCash had a return on equity of 17.99% and a net margin of 9.02%.The business's revenue was up 25.7% on a year-over-year basis. During the same quarter last year, the firm earned $2.07 EPS. As a group, analysts forecast that FirstCash will post 10.57 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently commented on FCFS. Weiss Ratings upgraded FirstCash from a "buy (b)" rating to a "buy (a-)" rating in a research report on Friday, April 10th. Wall Street Zen lowered FirstCash from a "strong-buy" rating to a "buy" rating in a research report on Sunday, February 15th. Canaccord Genuity Group lifted their target price on FirstCash from $217.00 to $240.00 and gave the stock a "buy" rating in a research report on Friday, March 20th. Finally, Zacks Research lowered FirstCash from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 2nd. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Buy" and a consensus target price of $183.25.

FirstCash Company Profile

FirstCash, Inc NASDAQ: FCFS is a leading integrated operator of pawn stores and provider of short-term consumer loan services in the United States and Mexico. Through its retail pawn outlets, FirstCash offers collateral-based loans secured by personal property, enabling customers to access liquidity without a credit history or traditional bank account. The company also purchases, trades and sells a broad range of secondhand merchandise, including electronics, jewelry and power tools, through its network of conveniently located stores.

In addition to its pawn-broking activities, FirstCash provides unsecured consumer loans designed to meet urgent cash needs.

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