StockNews.com upgraded shares of Regional Management (NYSE:RM - Free Report) from a buy rating to a strong-buy rating in a research report report published on Saturday.
Regional Management Stock Down 16.3 %
NYSE RM traded down $5.37 on Friday, hitting $27.56. 120,935 shares of the stock were exchanged, compared to its average volume of 34,690. Regional Management has a fifty-two week low of $25.41 and a fifty-two week high of $37.52. The company has a 50-day moving average price of $31.01 and a 200-day moving average price of $32.28. The company has a market cap of $276.57 million, a PE ratio of 6.63 and a beta of 1.27. The company has a quick ratio of 44.42, a current ratio of 44.42 and a debt-to-equity ratio of 3.94.
Regional Management (NYSE:RM - Get Free Report) last posted its earnings results on Wednesday, April 30th. The credit services provider reported $0.70 EPS for the quarter, beating the consensus estimate of $0.67 by $0.03. The firm had revenue of $152.97 million for the quarter, compared to analyst estimates of $153.59 million. Regional Management had a return on equity of 13.20% and a net margin of 7.01%. Sell-side analysts anticipate that Regional Management will post 4.7 EPS for the current fiscal year.
Regional Management Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Wednesday, May 21st will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.35%. The ex-dividend date is Wednesday, May 21st. Regional Management's dividend payout ratio (DPR) is 28.85%.
Insider Buying and Selling at Regional Management
In other Regional Management news, CEO Robert William Beck sold 13,000 shares of the firm's stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $36.71, for a total transaction of $477,230.00. Following the transaction, the chief executive officer now owns 101,673 shares of the company's stock, valued at approximately $3,732,415.83. This trade represents a 11.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 10.50% of the stock is currently owned by insiders.
Institutional Trading of Regional Management
A number of large investors have recently made changes to their positions in the company. State Street Corp lifted its stake in Regional Management by 0.6% in the third quarter. State Street Corp now owns 152,572 shares of the credit services provider's stock valued at $4,991,000 after buying an additional 971 shares during the last quarter. Barclays PLC increased its holdings in shares of Regional Management by 73.4% in the 3rd quarter. Barclays PLC now owns 23,416 shares of the credit services provider's stock valued at $766,000 after acquiring an additional 9,910 shares during the period. Geode Capital Management LLC raised its position in Regional Management by 3.4% in the 3rd quarter. Geode Capital Management LLC now owns 191,823 shares of the credit services provider's stock valued at $6,276,000 after purchasing an additional 6,288 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Regional Management by 15.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,233 shares of the credit services provider's stock worth $138,000 after purchasing an additional 572 shares during the period. Finally, SG Americas Securities LLC increased its stake in Regional Management by 38.0% in the fourth quarter. SG Americas Securities LLC now owns 4,425 shares of the credit services provider's stock valued at $150,000 after purchasing an additional 1,218 shares during the period. 98.89% of the stock is owned by institutional investors and hedge funds.
Regional Management Company Profile
(
Get Free Report)
Regional Management Corp., a diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States. It offers small and large installment loans; and retail loans to finance the purchase of furniture, appliances, and other retail products.
Featured Stories
Before you consider Regional Management, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Regional Management wasn't on the list.
While Regional Management currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
