Regional Management (RM) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Regional Management in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RM, but not buy additional shares or sell existing shares.
View RM analyst ratings or view top-rated stocks.

3 brokerages have issued 1-year target prices for Regional Management's shares. Their RM share price forecasts range from $28.00 to $38.00. On average, they expect the company's share price to reach $34.33 in the next year. This suggests a possible upside of 28.3% from the stock's current price.
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Regional Management's stock was trading at $28.08 at the start of the year. Since then, RM stock has decreased by 4.7% and is now trading at $26.77.
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Regional Management saw a decrease in short interest during the month of August. As of August 15th, there was short interest totaling 216,500 shares, a decrease of 16.8% from the July 31st total of 260,100 shares. Based on an average trading volume of 39,800 shares, the days-to-cover ratio is presently 5.4 days. Approximately 2.4% of the company's shares are sold short.
View Regional Management's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our RM earnings forecast.

Regional Management Corp. (NYSE:RM) released its quarterly earnings results on Wednesday, August, 2nd. The credit services provider reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.15. The credit services provider had revenue of $133.48 million for the quarter, compared to analyst estimates of $132.46 million. Regional Management had a trailing twelve-month return on equity of 9.50% and a net margin of 5.10%.

Regional Management declared a quarterly dividend on Wednesday, August 2nd. Shareholders of record on Wednesday, August 23rd will be given a dividend of $0.30 per share on Thursday, September 14th. This represents a $1.20 annualized dividend and a dividend yield of 4.48%. The ex-dividend date of this dividend is Tuesday, August 22nd.
Read our dividend analysis for RM.

Regional Management (NYSE:RM) pays an annual dividend of $1.20 per share and currently has a dividend yield of 4.48%. RM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 42.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RM will have a dividend payout ratio of 20.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RM.

6 employees have rated Regional Management Chief Executive Officer Robert Beck on Glassdoor.com. Robert Beck has an approval rating of 72% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Regional Management investors own include NVIDIA (NVDA), QUALCOMM (QCOM), Enterprise Products Partners (EPD), Verizon Communications (VZ), Intel (INTC), ServiceNow (NOW), Comcast (CMCSA), General Motors (GM), JPMorgan Chase & Co. (JPM) and Overstock.com (OSTK).

Regional Management trades on the New York Stock Exchange (NYSE) under the ticker symbol "RM."

Regional Management's stock is owned by many different retail and institutional investors. Top institutional shareholders include Forager Capital Management LLC (11.96%), BlackRock Inc. (11.24%), Dimensional Fund Advisors LP (7.70%), LSV Asset Management (4.17%), Renaissance Technologies LLC (2.19%) and Geode Capital Management LLC (1.62%). Insiders that own company stock include Basswood Capital Management, L, Brian J Fisher, Brian J Fisher, Carlos Palomares, John D Schachtel, Michael R Dunn, Philip V Bancroft, Robert William Beck, Roel C Campos, Sandra K Johnson and Steven J Freiberg.
View institutional ownership trends.

Shares of RM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RM stock can currently be purchased for approximately $26.77.

Regional Management (NYSE:RM) has a market capitalization of $263.42 million and generates $507.19 million in revenue each year. The credit services provider earns $51.22 million in net income (profit) each year or $2.84 on an earnings per share basis.

The company employs 1,991 workers across the globe.

Regional Management's mailing address is 979 BATESVILLE ROAD SUITE B, GREER SC, 29651. The official website for the company is www.regionalmanagement.com. The credit services provider can be reached via phone at (864) 448-7000, via email at garrett.edson@icrinc.com, or via fax at 864-422-8035.