FirstCash, Inc., formerly First Cash Financial Services, Inc., is an operator of retail-based pawn stores in the United States and Latin America. The Company's primary business is the operation of full-service pawn stores, which make small pawn loans secured by personal property, such as consumer electronics, jewelry, power tools, household appliances, sporting goods and musical instruments. The Company's operates through two segments: the U.S. operations segment and the Latin America operations segment. The U.S. operations segment consists of all pawn and consumer loan operations in the United States and the Latin America operations segment consists of all pawn and consumer loan operations in Latin America, which includes operations in Mexico, Guatemala and El Salvador. In addition, some of the Company's pawn stores offer small unsecured consumer loans or credit services products. The Company also operates consumer finance stores in Texas and Mexico.
Industry, Sector and Symbol:
- Sector: Financials
- Industry: Consumer Lending - NEC
- Sub-Industry: Consumer Finance
- Symbol: NASDAQ:FCFS
- CUSIP: 31942D10
- Web: www.firstcash.com
- Market Cap: $2.86 billion
- Outstanding Shares: 47,719,000
- 50 Day Moving Avg: $58.53
- 200 Day Moving Avg: $51.74
- 52 Week Range: $39.80 - $60.75
Sales & Book Value:
- Trailing P/E Ratio: 32.49
- Foreward P/E Ratio: 19.11
- P/E Growth: 2.26
- Annual Revenue: $1.59 billion
- Price / Sales: 1.80
- Book Value: $31.06 per share
- Price / Book: 1.93
- Annual Dividend: $0.50
- Dividend Yield: 1.3%
- EBIDTA: $249.94 million
- Net Margins: 7.29%
- Return on Equity: 8.92%
- Return on Assets: 6.25%
- Average Volume: 195,995 shs.
- Beta: 0.9
- Short Ratio: 5.82
Frequently Asked Questions for FirstCash (NASDAQ:FCFS)
What is FirstCash's stock symbol?
FirstCash trades on the NASDAQ under the ticker symbol "FCFS."
How often does FirstCash pay dividends? What is the dividend yield for FirstCash?
FirstCash announced a quarterly dividend on Thursday, July 27th. Stockholders of record on Tuesday, August 15th will be paid a dividend of $0.19 per share on Thursday, August 31st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date is Friday, August 11th. View FirstCash's Dividend History.
How will FirstCash's stock buyback program work?
FirstCash announced that its board has approved a stock repurchase plan on Sunday, June 4th 2017, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 4% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board believes its shares are undervalued.
How were FirstCash's earnings last quarter?
FirstCash Inc (NASDAQ:FCFS) issued its quarterly earnings results on Thursday, July, 27th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.05. The business earned $416.60 million during the quarter, compared to analyst estimates of $410.65 million. FirstCash had a return on equity of 8.92% and a net margin of 7.29%. The business's quarterly revenue was up 128.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 earnings per share. View FirstCash's Earnings History.
When will FirstCash make its next earnings announcement?
What guidance has FirstCash issued on next quarter's earnings?
FirstCash updated its FY17 earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of $2.60-2.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.61.
Where is FirstCash's stock going? Where will FirstCash's stock price be in 2017?
7 brokers have issued twelve-month price targets for FirstCash's shares. Their predictions range from $48.00 to $69.00. On average, they expect FirstCash's stock price to reach $58.17 in the next twelve months. View Analyst Ratings for FirstCash.
What are analysts saying about FirstCash stock?
Here are some recent quotes from research analysts about FirstCash stock:
- 1. According to Zacks Investment Research, "FirstCash Inc. is an operator of pawn stores. The company focuses on serving cash and credit constrained consumers through its retail pawn locations, which buy and sell jewelry, consumer electronics, power tools, household appliances, sporting goods, musical instruments and other merchandise. It operates primarily in the U.S., Mexico, Guatemala and El Salvador. FirstCash, Inc., formerly known as First Cash Financial Services Inc., is based in Arlington, United States. " (8/16/2017)
- 2. Wedbush analysts commented, "FCFS has held up significantly better than we expected. We and investors are clearly focused on the long-term view that the 2017 outlook incorporates a number of items that bode well for the company's long term growth and profitability. It is worth noting that the headwinds facing the company are tied to the US, where the small dollar alternative loan market is generally seeing tepid to no growth, and steps are being taken to enhance the profitability of the acquired Cash America stores. The company has reactivated its buyback program and we would expect it to be an aggressive buyer of its own stock below the $40 mark." (2/3/2017)
Who are some of FirstCash's key competitors?
Some companies that are related to FirstCash include Navient Corporation (NAVI), OneMain Holdings (OMF), LendingTree (TREE), Provident Financial plc (PFG), LendingClub Corporation (LC), PHH Corp (PHH), World Acceptance Corporation (WRLD), EZCORP (EZPW), International Personal Finance Plc (IPF), Regional Management Corp. (RM), S & U PLC (SUS), Non-Standard Finance PLC (NSF), Morses Club PLC (MCL), Fairpoint Group Plc (FRP), Cash America International (CSH), Navient Corp (NAVIV), Stonegate Mortgage Corp (SGM) and TPG RE Finance Trust (TRTX).
Who are FirstCash's key executives?
FirstCash's management team includes the folowing people:
- Daniel R. Feehan, Chairman of the Board
- T. Brent Stuart, President, Chief Operating Officer
- Rick L. Wessel, Chief Executive Officer, Vice Chairman of the Board
- R. Douglas Orr, Chief Financial Officer, Executive Vice President, Treasurer, Secretary
- Sean D. Moore, Senior Vice President - Store Development and Facilities
- Raul R. Ramos, Senior Vice President - Latin American Operations
- Daniel E. Berce, Independent Director
- Mikel D. Faulkner, Independent Director
- James H. Graves, Independent Director
- Jorge Montano, Independent Director
Who owns FirstCash stock?
FirstCash's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.34%), Vanguard Group Inc. (8.70%), Fiduciary Management Inc. WI (6.27%), Dimensional Fund Advisors LP (4.48%), William Blair Investment Management LLC (3.91%) and Earnest Partners LLC (3.04%). Company insiders that own FirstCash stock include R Douglas Orr and Raul Ramos. View Institutional Ownership Trends for FirstCash.
Who sold FirstCash stock? Who is selling FirstCash stock?
FirstCash's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, JPMorgan Chase & Co., Dimensional Fund Advisors LP, Marshall Wace North America L.P., Thompson Siegel & Walmsley LLC, Cooke & Bieler LP, King Luther Capital Management Corp and Bank of Montreal Can. View Insider Buying and Selling for FirstCash.
Who bought FirstCash stock? Who is buying FirstCash stock?
FirstCash's stock was bought by a variety of institutional investors in the last quarter, including Stephens Investment Management Group LLC, Boston Partners, Northpointe Capital LLC, Hood River Capital Management LLC, William Blair Investment Management LLC, BlackRock Inc., Vanguard Group Inc. and Russell Investments Group Ltd.. View Insider Buying and Selling for FirstCash.
How do I buy FirstCash stock?
Shares of FirstCash can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is FirstCash's stock price today?
MarketBeat Community Rating for FirstCash (NASDAQ FCFS)MarketBeat's community ratings are surveys of what our community members think about FirstCash and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of FirstCash stock can currently be purchased for approximately $60.00.
Consensus Ratings for FirstCash (NASDAQ:FCFS) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.57)|
|Consensus Price Target: ||$58.17 (3.06% downside)|
Analysts' Ratings History for FirstCash (NASDAQ:FCFS)
(Data available from 8/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/18/2017||Jefferies Group LLC||Set Price Target||Buy||$69.00||Low|
|7/28/2017||JMP Securities||Boost Price Target||Outperform||Low|
|7/27/2017||CL King||Downgrade||Strong-Buy -> Buy||Low|
|7/17/2017||Janney Montgomery Scott||Downgrade||Buy -> Neutral||$58.55 -> $58.00||Low|
|6/21/2017||Stephens||Boost Price Target||Equal Weight||$51.00 -> $62.00||Low|
|5/24/2017||Wedbush||Boost Price Target||Outperform||$55.00 -> $60.00||Low|
|9/8/2016||J P Morgan Chase & Co||Lower Price Target||Neutral||$50.00 -> $48.00||N/A|
|6/3/2016||Sterne Agee CRT||Upgrade||Neutral -> Buy||$56.00||N/A|
|2/17/2016||HSBC Holdings plc||Lower Price Target||Hold||$43.00 -> $40.00||N/A|
|10/21/2015||Keefe, Bruyette & Woods||Lower Price Target||$44.00 -> $40.00||N/A|
|10/21/2015||Bank of America Corporation||Initiated Coverage||Buy||$50.00||N/A|
Earnings History for FirstCash (NASDAQ:FCFS)Earnings History by Quarter for FirstCash (NASDAQ FCFS)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/27/2017||Q2 2017||$0.47||$0.52||$410.65 million||$416.60 million||View||N/A|
|4/27/2017||Q1 17||$0.60||$0.68||$435.14 million||$447.60 million||View||N/A|
|2/2/2017||Q416||$0.76||$0.77||$451.64 million||$462.04 million||View||N/A|
|10/27/2016||Q316||$0.52||$0.58||$280.38 million||$261.15 million||View||N/A|
|7/28/2016||Q216||$0.47||$0.51||$178.75 million||$181.98 million||View||N/A|
|4/28/2016||Q116||$0.44||$0.48||$181.51 million||$183.20 million||View||Listen|
|1/28/2016||Q415||$0.76||$0.73||$194.14 million||$191.40 million||View||N/A|
|10/20/2015||Q315||$0.61||$0.59||$175.02 million||$169.50 million||View||N/A|
|7/16/2015||Q215||$0.47||$0.62||$168.69 million||$167.60 million||View||N/A|
|4/16/2015||Q1 15||$0.58||$0.59||$175.30 million||$176.00 million||View||N/A|
|1/27/2015||Q414||$0.98||$1.07||$208.25 million||$202.77 million||View||N/A|
|10/16/2014||Q314||$0.69||$0.68||$181.00 million||$175.00 million||View||N/A|
|7/17/2014||Q214||$0.54||$0.55||$163.54 million||$165.00 million||View||N/A|
|4/17/2014||Q114||$0.66||$0.74||$166.26 million||$169.80 million||View||N/A|
|1/28/2014||Q413||$0.88||$0.87||$192.28 million||$185.20 million||View||N/A|
|10/17/2013||Q313||$0.65||$0.79||$166.46 million||$174.00 million||View||N/A|
|7/17/2013||Q2 2013||$0.56||$0.53||$149.84 million||$143.14 million||View||N/A|
|4/17/2013||Q1 2013||$0.69||$0.68||$157.92 million||$161.00 million||View||N/A|
|1/23/2013||Q4 2012||$0.91||$0.93||$171.30 million||$179.24 million||View||N/A|
Earnings Estimates for FirstCash (NASDAQ:FCFS)
2017 EPS Consensus Estimate: $2.45
2018 EPS Consensus Estimate: $3.12
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for FirstCash (NASDAQ:FCFS)
|Payout Ratio:||25.38% (Trailing 12 Months of Earnings) |
18.80% (Based on This Year's Estimates)
15.92% (Based on Next Year's Estimates)
Dividend History by Quarter for FirstCash (NASDAQ FCFS)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for FirstCash (NASDAQ:FCFS)Insider Trades by Quarter for FirstCash (NASDAQ:FCFS)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/8/2017||R Douglas Orr||CFO||Sell||7,500||$55.00||$412,500.00|| |
|5/2/2017||R Douglas Orr||CFO||Sell||5,000||$52.50||$262,500.00|| |
|4/20/2017||R Douglas Orr||CFO||Sell||2,500||$50.00||$125,000.00|| |
|12/15/2015||Raul Ramos||SVP||Sell||30,000||$37.66||$1,129,800.00|| |
|1/23/2015||R Douglas Orr||CFO||Sell||13,700||$55.05||$754,185.00|| |
|12/5/2014||R Douglas Orr||CFO||Sell||5,000||$56.98||$284,900.00|| |
|11/24/2014||Sean Moore||SVP||Sell||20,000||$58.25||$1,165,000.00|| |
|9/4/2012||R Douglas Orr||CFO||Sell||22,000||$45.00||$990,000.00|| |
Headline Trends for FirstCash (NASDAQ:FCFS)
Latest Headlines for FirstCash (NASDAQ:FCFS)
|FirstCash Inc (FCFS) Given a $69.00 Price Target at Jefferies Group LLC|
www.americanbankingnews.com - August 18 at 12:36 PM
|FirstCash Inc (FCFS) Upgraded at Zacks Investment Research|
www.americanbankingnews.com - August 16 at 5:40 PM
|FirstCash Inc (FCFS) Rating Lowered to Hold at Zacks Investment Research|
www.americanbankingnews.com - August 15 at 11:10 PM
|$424.54 Million in Sales Expected for FirstCash Inc (FCFS) This Quarter|
www.americanbankingnews.com - August 12 at 1:48 AM
|Financial Survey: Navient Corporation (NAVI) & FirstCash (NASDAQ:FCFS)|
www.americanbankingnews.com - August 9 at 4:16 PM
|Comparing FirstCash (NASDAQ:FCFS) and Navient Corporation (NAVI)|
www.americanbankingnews.com - August 9 at 12:24 PM
|FirstCash Inc (NASDAQ:FCFS) Receives Average Recommendation of "Buy" from Brokerages|
www.americanbankingnews.com - August 8 at 12:44 PM
|Analyzing World Acceptance Corporation (WRLD) & FirstCash (FCFS)|
www.americanbankingnews.com - August 1 at 10:28 PM
|Equities Analysts Issue Forecasts for FirstCash Inc's FY2017 Earnings (FCFS)|
www.americanbankingnews.com - July 31 at 8:31 AM
|FirstCash Inc (FCFS) to Post Q3 2017 Earnings of $0.54 Per Share, Jefferies Group Forecasts|
www.americanbankingnews.com - July 31 at 7:47 AM
|JMP Securities Raises FirstCash Inc (NASDAQ:FCFS) Price Target to $0.00|
www.americanbankingnews.com - July 28 at 9:40 AM
|FirstCash Inc (NASDAQ:FCFS) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS|
www.americanbankingnews.com - July 28 at 12:40 AM
|FirstCash Raises 2017 Earnings Guidance - Quick Facts|
www.rttnews.com - July 28 at 12:06 AM
|Analyzing World Acceptance Corporation (WRLD) and FirstCash (FCFS)|
www.americanbankingnews.com - July 27 at 8:10 PM
|New Strong Buy Stocks for July 27th|
www.zacks.com - July 27 at 7:06 PM
|FirstCash Reports Second Quarter Earnings Results; Declares Quarterly Dividend and Raises 2017 Full Year Guidance|
finance.yahoo.com - July 27 at 7:06 PM
|FirstCash Inc (FCFS) Stock Rating Lowered by CL King|
www.americanbankingnews.com - July 27 at 4:38 PM
|FirstCash Inc (FCFS) Releases FY17 Earnings Guidance|
www.americanbankingnews.com - July 27 at 11:50 AM
|FirstCash Inc (NASDAQ:FCFS) Declares Quarterly Dividend of $0.19|
www.americanbankingnews.com - July 27 at 11:40 AM
|FirstCash Inc (NASDAQ:FCFS) Expected to Announce Quarterly Sales of $414.11 Million|
www.americanbankingnews.com - July 23 at 9:54 AM
|Zacks: Brokerages Anticipate FirstCash Inc (NASDAQ:FCFS) to Announce $0.46 EPS|
www.americanbankingnews.com - July 21 at 2:23 PM
|Comparing FirstCash (FCFS) and Cash America International (CSH)|
www.americanbankingnews.com - July 15 at 12:03 PM
|Critical Comparison: FirstCash (NASDAQ:FCFS) versus Discover Financial Services (DFS)|
www.americanbankingnews.com - July 13 at 6:31 PM
|FirstCash Inc (NASDAQ:FCFS) Upgraded by Zacks Investment Research to "Buy"|
www.americanbankingnews.com - July 12 at 12:04 AM
|FirstCash (NASDAQ:FCFS) & OneMain Holdings (OMF) Head to Head Survey|
www.americanbankingnews.com - July 10 at 10:12 AM
|FirstCash Announces Redemption of 6.75% Senior Notes Due 2021|
finance.yahoo.com - June 29 at 8:08 PM
|FirstCash Inc (FCFS) Expected to Post Quarterly Sales of $414.11 Million|
www.americanbankingnews.com - June 29 at 11:38 AM
|FirstCash Inc (FCFS) Expected to Post Earnings of $0.46 Per Share|
www.americanbankingnews.com - June 27 at 10:08 AM
|Analyzing FirstCash (FCFS) & Cash America International (CSH)|
www.americanbankingnews.com - June 26 at 6:48 PM
|Stephens Reiterates "Equal Weight" Rating for FirstCash Inc (FCFS)|
www.americanbankingnews.com - June 21 at 12:42 PM
|FirstCash Inc (FCFS) Receives Consensus Recommendation of "Buy" from Analysts|
www.americanbankingnews.com - June 19 at 12:48 PM
|FirstCash Announces Expiration of Tender Offer and Consent Solicitation|
finance.yahoo.com - June 13 at 4:55 PM
|FCFS Crosses Above Average Analyst Target|
www.nasdaq.com - June 13 at 11:37 AM
|R Douglas Orr Sells 7,500 Shares of FirstCash Inc (FCFS) Stock|
www.americanbankingnews.com - June 9 at 7:52 PM
|FirstCash (FCFS) Board of Directors Approves Stock Buyback Plan|
www.americanbankingnews.com - June 4 at 11:29 AM
|FirstCash Inc (FCFS) Expected to Announce Quarterly Sales of $414.11 Million|
www.americanbankingnews.com - June 3 at 9:48 AM
|ETFs with exposure to FirstCash, Inc. : June 2, 2017|
finance.yahoo.com - June 2 at 6:27 PM
|Zacks: Analysts Anticipate FirstCash Inc (FCFS) Will Announce Earnings of $0.46 Per Share|
www.americanbankingnews.com - June 1 at 8:10 AM
|FirstCash Announces Closing of $300,000,000 5.375% Senior Notes Due 2024; Also Announces Early Settlement of Tender Offer and Issuance of Notice of Redemption of its 6.75% Senior Notes Due 2021|
finance.yahoo.com - May 30 at 10:05 PM
|FirstCash Amends and Extends $400 Million Revolving Bank Credit Facility Through 2022|
finance.yahoo.com - May 30 at 10:05 PM
|FirstCash Announces Closing of $300,000,000 5.375% Senior Notes Due 2024; Also Announces Early Settlement of Tender Offer and Issuance of Notice of Redemption of its 6.75% ...|
www.businesswire.com - May 30 at 5:05 PM
|FirstCash Inc to Post Q2 2017 Earnings of $0.45 Per Share, Wedbush Forecasts (FCFS)|
www.americanbankingnews.com - May 25 at 7:24 AM
|Wedbush Reiterates "Outperform" Rating for FirstCash Inc (FCFS)|
www.americanbankingnews.com - May 24 at 10:52 PM
|FY2017 Earnings Forecast for FirstCash Inc Issued By Wedbush (FCFS)|
www.americanbankingnews.com - May 24 at 8:52 AM
|FirstCash Inc (FCFS) Receives Average Rating of "Buy" from Analysts|
www.americanbankingnews.com - May 23 at 12:30 PM
|ETFs with exposure to FirstCash, Inc. : May 19, 2017|
finance.yahoo.com - May 19 at 4:56 PM
|FirstCash Announces Pricing Of $300,000,000 Senior Notes Due 2024|
finance.yahoo.com - May 19 at 6:22 AM
|FirstCash, Inc. :FCFS-US: Earnings Analysis: Q1, 2017 By the Numbers : May 18, 2017|
finance.yahoo.com - May 18 at 10:14 AM
|Park West Asset Management LLC Buys DaVita Inc, FirstCash Inc, Shutterfly Inc, Sells Marvell ...|
www.nasdaq.com - May 16 at 10:08 PM
|FirstCash Inc. -- Moody's revises FirstCash's outlook to positive from stable|
finance.yahoo.com - May 16 at 11:46 AM
FirstCash (FCFS) Chart for Monday, August, 21, 2017