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$434.38 million
Profitability
Miscellaneous
Employees999
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 declared that its Board of Directors has initiated a stock buyback program on Tuesday, July 25th 2017, which allows the company to buyback $10,000,000.00 in 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 typically an indication that the company's management believes its stock is undervalued.
How were Consumer Portfolio Services' earnings last quarter?
Consumer Portfolio Services, Inc. (NASDAQ:CPSS) issued its earnings results on Wednesday, October, 17th. The credit services provider reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.01. The credit services provider earned $95.63 million during the quarter, compared to analysts' expectations of $98.81 million. Consumer Portfolio Services had a positive return on equity of 7.76% and a negative net margin of 0.11%. View Consumer Portfolio Services' Earnings History.
When is Consumer Portfolio Services' next earnings date?
What price target have analysts set for CPSS?
2 brokerages 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' stock price to reach $5.50 in the next year. This suggests a possible upside of 48.6% 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?
Press coverage about CPSS stock has trended somewhat negative this week, InfoTrie reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Consumer Portfolio Services earned a news sentiment score of -1.4 on InfoTrie's scale. They also gave news articles about the credit services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days.
Who are some of Consumer Portfolio Services' key competitors?
Some companies that are related to Consumer Portfolio Services include Elevate Credit (ELVT), Easterly Acquisition (EACQ), Hexindai (HX), Medallion Financial (MFIN), Golden Bull (DNJR), Senmiao Technology (AIHS), Security National Financial (SNFCA), China Rapid Finance (XRF), Harvest Capital Credit (HCAP), Mogo Finance Technology (MOGO), NowAuto Group (CAFI), LM Funding America (LMFA), Blackhawk Network (HAWK) and WMIH (WMIH).
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, 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)
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 $3.70.
How big of a company is Consumer Portfolio Services?
Consumer Portfolio Services has a market capitalization of $83.58 million and generates $434.38 million in revenue each year. The credit services provider earns $3.76 million in net income (profit) each year or $0.80 on an earnings per share basis. Consumer Portfolio Services employs 999 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.
