FirstCash, Inc. (NASDAQ:FCFS) declared a quarterly dividend on Wednesday, July 21st, Zacks reports. Investors of record on Friday, August 13th will be paid a dividend of 0.30 per share on Friday, August 27th. This represents a $1.20 annualized dividend and a yield of 1.52%. The ex-dividend date of this dividend is Thursday, August 12th.
FirstCash has increased its dividend by 40.3% over the last three years and has raised its dividend annually for the last 1 consecutive years.
Shares of NASDAQ FCFS opened at $79.04 on Thursday. FirstCash has a fifty-two week low of $51.15 and a fifty-two week high of $84.83. The company has a market cap of $3.24 billion, a PE ratio of 30.52 and a beta of 0.82. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.76 and a current ratio of 2.63. The company has a 50-day simple moving average of $79.14.
FirstCash (NASDAQ:FCFS) last announced its quarterly earnings results on Tuesday, July 20th. The company reported $0.71 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.61 by $0.10. FirstCash had a net margin of 6.83% and a return on equity of 9.48%. The business had revenue of $389.58 million for the quarter, compared to analysts' expectations of $380.94 million. During the same quarter last year, the firm earned $0.62 EPS. The firm's revenue for the quarter was down 5.6% compared to the same quarter last year. As a group, equities analysts predict that FirstCash will post 2.94 EPS for the current fiscal year.
Several equities research analysts have commented on the stock. Janney Montgomery Scott lowered shares of FirstCash from a "buy" rating to a "neutral" rating in a research note on Monday, May 24th. Zacks Investment Research upgraded shares of FirstCash from a "hold" rating to a "buy" rating and set a $87.00 price objective for the company in a research note on Tuesday, July 13th. Credit Suisse Group lowered shares of FirstCash from an "outperform" rating to an "underperform" rating and increased their price objective for the company from $74.00 to $83.00 in a research note on Tuesday, June 22nd. Finally, Wedbush increased their price objective on shares of FirstCash from $60.00 to $70.00 and gave the company a "neutral" rating in a research note on Thursday, April 22nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. FirstCash has an average rating of "Hold" and a consensus price target of $80.00.
FirstCash Company Profile
FirstCash, Inc, together with its subsidiaries, operates retail pawn stores in the United States and Latin America. Its pawn stores lend money on the collateral of pledged personal property, including jewelry, electronics, tools, appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise directly from customers.
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