Regional Management - RM Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Regional Management in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research 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.
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2 analysts have issued 12-month price targets for Regional Management's stock. Their RM share price forecasts range from $32.00 to $41.00. On average, they anticipate the company's share price to reach $37.33 in the next twelve months. This suggests a possible upside of 27.2% from the stock's current price.
View analysts price targets for RM or view top-rated stocks among Wall Street analysts.

Regional Management's stock was trading at $57.46 at the beginning of 2022. Since then, RM stock has decreased by 48.9% and is now trading at $29.34.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our RM earnings forecast.

Regional Management Corp. (NYSE:RM) released its quarterly earnings data on Monday, November, 1st. The credit services provider reported $2.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.55. The credit services provider had revenue of $111.46 million for the quarter, compared to analyst estimates of $103.32 million. Regional Management had a trailing twelve-month return on equity of 23.43% and a net margin of 14.07%. During the same period last year, the company earned $1.01 earnings per share.

Regional Management announced a quarterly dividend on Tuesday, November 1st. Investors of record on Wednesday, November 23rd will be paid a dividend of $0.30 per share on Wednesday, December 14th. This represents a $1.20 dividend on an annualized basis and a yield of 4.09%. The ex-dividend date is Tuesday, November 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 4.13%. 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 17.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RM will have a dividend payout ratio of 18.78% 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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.03%), Dimensional Fund Advisors LP (7.87%), Forager Capital Management LLC (7.39%), Vanguard Group Inc. (4.60%), LSV Asset Management (3.51%) and Khrom Capital Management LLC (3.22%). Insiders that own company stock include Basswood Capital Management, L, Basswood Partners, LLC, 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 $29.34.

Regional Management (NYSE:RM) has a market capitalization of $281.37 million and generates $428.35 million in revenue each year. The credit services provider earns $88.69 million in net income (profit) each year or $7.01 on an earnings per share basis.

The company employs 1,691 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.