World Acceptance Corporation engages in small-loan consumer finance business. The company offers short-term small and medium-term larger installment loans, as well as related credit insurance and ancillary products and services to individuals. It also provides automobile club memberships to its borrowers; and income tax return preparation and electronic filing services. In addition, the company markets and sells credit life, credit accident and health, credit property, and unemployment insurance in connection with its loans; and develops and provides software solutions for the consumer finance industry. It serves individuals with limited access to other sources of consumer credit, such as banks, credit unions, other consumer finance businesses, and credit card lenders. As of March 31, 2018, the company operated 1,308 branches in Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Texas, Tennessee, and Wisconsin, as well as Mexico. World Acceptance Corporation was founded in 1962 and is headquartered in Greenville, South Carolina.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
SymbolNASDAQ:WRLD
CUSIP98141910
Phone864-298-9800
Debt
Debt-to-Equity Ratio0.46
Current Ratio14.95
Quick Ratio14.95
Price-To-Earnings
Trailing P/E Ratio15.43
Forward P/E Ratio15.05
P/E GrowthN/A
Sales & Book Value
Annual Sales$548.71 million
Price / Sales1.97
Cash Flow$8.6343 per share
Price / Cash13.70
Book Value$59.58 per share
Price / Book1.99
Profitability
EPS (Most Recent Fiscal Year)$7.71
Net Income$53.69 million
Net Margins3.52%
Return on Equity14.06%
Return on Assets8.39%
Miscellaneous
Employees3,419
Outstanding Shares9,140,000
Market Cap$1.08 billion
World Acceptance (NASDAQ:WRLD) Frequently Asked Questions
What is World Acceptance's stock symbol?
World Acceptance trades on the NASDAQ under the ticker symbol "WRLD."
How were World Acceptance's earnings last quarter?
World Acceptance Corp. (NASDAQ:WRLD) issued its earnings results on Thursday, July, 26th. The credit services provider reported $1.69 earnings per share for the quarter, missing the consensus estimate of $1.95 by $0.26. The credit services provider had revenue of $122.79 million for the quarter, compared to analyst estimates of $132.98 million. World Acceptance had a return on equity of 14.06% and a net margin of 3.52%. The company's quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.48 earnings per share. View World Acceptance's Earnings History.
When is World Acceptance's next earnings date?
What price target have analysts set for WRLD?
3 brokers have issued 12 month target prices for World Acceptance's stock. Their predictions range from $60.00 to $79.00. On average, they anticipate World Acceptance's stock price to reach $68.00 in the next twelve months. This suggests that the stock has a possible downside of 42.5%. View Analyst Price Targets for World Acceptance.
What is the consensus analysts' recommendation for World Acceptance?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for World Acceptance in the last year. There are currently 3 sell ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for World Acceptance.
Who are some of World Acceptance's key competitors?
Who are World Acceptance's key executives?
World Acceptance's management team includes the folowing people:
- Mr. Ravin Chad Prashad, Pres, CEO & Director (Age 37)
- Mr. John L. Calmes Jr., Sr. VP, Treasurer & CFO (Age 38)
- Mr. Daniel Clinton Dyer, Exec. VP & Chief Branch Operations Officer (Age 45)
- Mr. Jeff L. Tinney, Sr. VP of Western Division (Age 55)
- Ms. Tara Elizabeth Bullock, Sr. VP, Sec. & Gen. Counsel (Age 46)
Has World Acceptance been receiving favorable news coverage?
Media headlines about WRLD stock have been trending somewhat positive recently, according to Accern Sentiment. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. World Acceptance earned a news impact score of 0.18 on Accern's scale. They also gave media headlines about the credit services provider an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for World Acceptance.
Who are World Acceptance's major shareholders?
World Acceptance's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.51%), Dimensional Fund Advisors LP (7.06%), Bank of New York Mellon Corp (1.73%), Northern Trust Corp (1.72%), Renaissance Technologies LLC (1.57%) and Indus Capital Partners LLC (1.55%). Company insiders that own World Acceptance stock include Daniel Clinton Dyer, Darrell E Whitaker, Jackie C Willyard and Tara Elizabeth Bullock. View Institutional Ownership Trends for World Acceptance.
Which major investors are selling World Acceptance stock?
WRLD stock was sold by a variety of institutional investors in the last quarter, including Indus Capital Partners LLC, WINTON GROUP Ltd, Mackay Shields LLC, California Public Employees Retirement System, State Board of Administration of Florida Retirement System, Dynamic Technology Lab Private Ltd, Municipal Employees Retirement System of Michigan and PNC Financial Services Group Inc.. View Insider Buying and Selling for World Acceptance.
Which major investors are buying World Acceptance stock?
WRLD stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, First Trust Advisors LP, Bowling Portfolio Management LLC, Northern Trust Corp, United Services Automobile Association, RBO & Co. LLC and Tower Research Capital LLC TRC . View Insider Buying and Selling for World Acceptance.
How do I buy shares of World Acceptance?
Shares of WRLD 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 World Acceptance's stock price today?
One share of WRLD stock can currently be purchased for approximately $118.29.
How big of a company is World Acceptance?
World Acceptance has a market capitalization of $1.08 billion and generates $548.71 million in revenue each year. The credit services provider earns $53.69 million in net income (profit) each year or $7.71 on an earnings per share basis. World Acceptance employs 3,419 workers across the globe.
How can I contact World Acceptance?
World Acceptance's mailing address is 108 FREDRICK STREET, GREENVILLE SC, 29607. The credit services provider can be reached via phone at 864-298-9800.
MarketBeat Community Rating for World Acceptance (NASDAQ WRLD)
MarketBeat's community ratings are surveys of what our community members think about World Acceptance and other stocks. Vote "Outperform" if you believe WRLD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WRLD will underperform the S&P 500 over the long term. You may vote once every thirty days.
