CURO Group Holdings Corp., together with its subsidiaries, provides consumer finance products in the United States and Canada. The company offers unsecured installment loans, secured installment loans, open-end loans, and single-pay loans, as well as ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, demand deposit accounts, credit protection insurance, retail installment sales, and money transfer services. It also provides loans through online. The company was formerly known as Speedy Group Holdings Corp. and changed its name to CURO Group Holdings Corp. in May 2016. CURO Group Holdings Corp. was founded in 1997 and is headquartered in Wichita, Kansas.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the company. Jefferies Financial Group initiated coverage on CURO Group in a research report on Tuesday, July 26th. They set a "buy" rating on the stock. Credit Suisse Group dropped their target price on shares of CURO Group to $19.00 and set an "outperform" rating on the stock in a research report on Friday, May 20th.
CURO Group Stock Performance
Shares of NYSE:CURO opened at $7.55 on Friday. CURO Group has a one year low of $5.22 and a one year high of $20.10. The business has a 50-day moving average price of $6.60 and a two-hundred day moving average price of $9.97.
CURO Group Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, August 26th. Shareholders of record on Monday, August 15th will be given a $0.11 dividend. The ex-dividend date of this dividend is Friday, August 12th. This represents a $0.44 dividend on an annualized basis and a yield of 5.83%. CURO Group's payout ratio is -18.64%.