Consumer Portfolio Services, Inc. operates as a specialty finance company in the United States. It purchases and services 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. The company, through its automobile contract purchases, offers indirect financing to the customers of dealers with limited credit histories, low incomes, or past credit problems. It serves as an alternative source of financing for dealers, facilitating sales to customers who might not be able to obtain financing from commercial banks, credit unions, and the captive finance companies. The company also acquires installment purchase contracts in four merger and acquisition transactions; and offers financing directly to sub-prime consumers to facilitate their purchase of a new or used automobile, light truck, or passenger van. Consumer Portfolio Services, Inc. services its automobile contracts through its branches in California, Nevada, Virginia, Florida, and Illinois. The company was founded in 1991 and is headquartered in Irvine, California.
Industry, Sector and Symbol
Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
Phone949-753-6800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$389.77 million
Profitability
Miscellaneous
Employees1,032
Next Earnings Date4/17/2019 (Estimated)
OptionableOptionable
Consumer Portfolio Services (NASDAQ:CPSS) Frequently Asked Questions
What is Consumer Portfolio Services' stock symbol?
Consumer Portfolio Services trades on the NASDAQ under the ticker symbol "CPSS."
How will Consumer Portfolio Services' stock buyback program work?
Consumer Portfolio Services announced that its board has initiated a stock repurchase program on Tuesday, July 25th 2017, which allows the company to buyback $10,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 9.3% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its shares are undervalued.
How were Consumer Portfolio Services' earnings last quarter?
Consumer Portfolio Services, Inc. (NASDAQ:CPSS) released its quarterly earnings data on Tuesday, February, 12th. The credit services provider reported $0.13 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.13. The credit services provider earned $91.22 million during the quarter, compared to analysts' expectations of $95.43 million. Consumer Portfolio Services had a net margin of 3.81% and a return on equity of 6.66%. View Consumer Portfolio Services' Earnings History.
When is Consumer Portfolio Services' next earnings date?
What price target have analysts set for CPSS?
2 brokers have issued 12 month target prices for Consumer Portfolio Services' shares. Their forecasts range from $5.00 to $6.00. On average, they anticipate Consumer Portfolio Services' share price to reach $5.50 in the next year. This suggests a possible upside of 43.2% from the stock's current price. View Analyst Price Targets for Consumer Portfolio Services.
What is the consensus analysts' recommendation for Consumer Portfolio Services?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Consumer Portfolio Services in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Consumer Portfolio Services.
Has Consumer Portfolio Services been receiving favorable news coverage?
Headlines about CPSS stock have been trending negative recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Consumer Portfolio Services earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave media stories about the credit services provider a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are some of Consumer Portfolio Services' key competitors?
Some companies that are related to Consumer Portfolio Services include Easterly Acquisition (EACQ), Elevate Credit (ELVT), Medallion Financial (MFIN), Golden Bull (DNJR), Hexindai (HX), Senmiao Technology (AIHS), Security National Financial (SNFCA), China Rapid Finance (XRF), Harvest Capital Credit (HCAP), Mogo Finance Technology (MOGO), LM Funding America (LMFA), NowAuto Group (CAFI), Blackhawk Network (HAWK) and WMIH (WMIH).
What other stocks do shareholders of Consumer Portfolio Services own?
Who are Consumer Portfolio Services' key executives?
Consumer Portfolio Services' management team includes the folowing people:
- Mr. Charles E. Bradley Jr., Chairman, Pres & CEO (Age 59)
- Mr. Jeffrey P. Fritz, Exec. VP & CFO (Age 59)
- Mr. Michael T. Lavin, COO, Exec. VP & Chief Legal Officer (Age 46)
- Ms. Teri L. Robinson, Sr. VP of Originations (Age 56)
- Ms. Laurie A. Straten, Sr. VP of Servicing (Age 50)
Who are Consumer Portfolio Services' major shareholders?
Consumer Portfolio Services' stock is owned by many different of institutional and retail investors. Top institutional investors include Second Curve Capital LLC (8.98%), Dimensional Fund Advisors LP (7.96%), Dimensional Fund Advisors LP (7.96%), BlackRock Inc. (3.07%), RBF Capital LLC (0.21%) and Barclays PLC (0.15%). Company insiders that own Consumer Portfolio Services stock include Brian Rayhill, Chris Terry, Citigroup Inc, Curtis K Powell, Daniel S Wood, Greg Washer and Second Curve Capital Llc. View Institutional Ownership Trends for Consumer Portfolio Services.
Which major investors are selling Consumer Portfolio Services stock?
CPSS stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Second Curve Capital LLC and RBF Capital LLC. Company insiders that have sold Consumer Portfolio Services company stock in the last year include Brian Rayhill, Citigroup Inc and Greg Washer. View Insider Buying and Selling for Consumer Portfolio Services.
Which major investors are buying Consumer Portfolio Services stock?
How do I buy shares of Consumer Portfolio Services?
Shares of CPSS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Consumer Portfolio Services' stock price today?
One share of CPSS stock can currently be purchased for approximately $3.84.
How big of a company is Consumer Portfolio Services?
Consumer Portfolio Services has a market capitalization of $85.06 million and generates $389.77 million in revenue each year. The credit services provider earns $14.86 million in net income (profit) each year or $0.51 on an earnings per share basis. Consumer Portfolio Services employs 1,032 workers across the globe.
What is Consumer Portfolio Services' official website?
How can I contact Consumer Portfolio Services?
Consumer Portfolio Services' mailing address is 3800 Howard Hughes Parkway Suite 1400, Las Vegas NV, 89169. The credit services provider can be reached via phone at 949-753-6800 or via email at [email protected]
MarketBeat Community Rating for Consumer Portfolio Services (NASDAQ CPSS)
MarketBeat's community ratings are surveys of what our community members think about Consumer Portfolio Services and other stocks. Vote "Outperform" if you believe CPSS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CPSS will underperform the S&P 500 over the long term. You may vote once every thirty days.
