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
Stock Exchange NASDAQ
Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:CPSS
Previous Symbol
CUSIPN/A
Phone949-753-6800
Debt
Debt-to-Equity Ratio10.87
Current Ratio14.60
Quick Ratio14.60
Price-To-Earnings
Trailing P/E Ratio4.35
Forward P/E Ratio6.94
P/E GrowthN/A
Sales & Book Value
Annual Sales$434.38 million
Price / Sales0.18
Cash Flow$1.4217 per share
Price / Cash Flow2.49
Book Value$8.45 per share
Price / Book0.42
Profitability
EPS (Most Recent Fiscal Year)$0.80
Net Income$3.76 million
Net Margins-0.11%
Return on Equity7.76%
Return on Assets0.60%
Miscellaneous
Employees999
Outstanding Shares22,590,000
Market Cap$77.03 million
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 has initiated a share 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 board believes its shares are 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 EPS for the quarter, beating the consensus estimate of $0.12 by $0.01. The credit services provider earned $95.63 million during the quarter, compared to analyst estimates of $98.81 million. Consumer Portfolio Services had a negative net margin of 0.11% and a positive return on equity of 7.76%. 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 price objectives for Consumer Portfolio Services' stock. Their predictions 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 61.8% 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?
Media stories about CPSS stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Consumer Portfolio Services earned a news sentiment score of -2.4 on InfoTrie's scale. They also assigned media coverage about the credit services provider a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company'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 Easterly Acquisition (EACQ), Elevate Credit (ELVT), Medallion Financial (MFIN), Senmiao Technology (AIHS), Hexindai (HX), China Rapid Finance (XRF), Security National Financial (SNFCA), Harvest Capital Credit (HCAP), Golden Bull (DNJR), 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 58)
- Mr. Jeffrey P. Fritz, Exec. VP & CFO (Age 58)
- Mr. Michael T. Lavin, Exec. VP & Chief Legal Officer (Age 45)
- Ms. Teri L. Robinson, Sr. VP of Originations (Age 55)
- Ms. Laurie A. Straten, Sr. VP of Servicing (Age 49)
Who are Consumer Portfolio Services' major shareholders?
Consumer Portfolio Services' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.95%), Bridgeway Capital Management Inc. (3.94%), BlackRock Inc. (3.55%) and Vanguard Group Inc (3.31%). Company insiders that own Consumer Portfolio Services stock include Chris Terry, Citigroup Inc, Curtis K Powell, Daniel S Wood, Greg Washer, Mark Creatura and Second Curve Capital Llc. View Institutional Ownership Trends for Consumer Portfolio Services.
Which institutional investors are selling Consumer Portfolio Services stock?
CPSS stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP and Bridgeway Capital Management Inc.. Company insiders that have sold Consumer Portfolio Services company stock in the last year include Chris Terry, Citigroup Inc, Greg Washer and Second Curve Capital Llc. View Insider Buying and Selling for Consumer Portfolio Services.
Which institutional 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 $3.40.
How big of a company is Consumer Portfolio Services?
Consumer Portfolio Services has a market capitalization of $77.03 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.
