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 twelve months. 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 brokerages have issued 12 month target prices for Regional Management's shares. Their RM share price forecasts range from $32.00 to $41.00. On average, they predict the company's stock price to reach $37.33 in the next year. This suggests that the stock has a possible downside of 1.3%.
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Regional Management's stock was trading at $28.08 at the beginning of 2023. Since then, RM stock has increased by 34.8% and is now trading at $37.84.
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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 will be holding an earnings conference call on Wednesday, February 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Regional Management Corp. (NYSE:RM) announced its quarterly earnings data on Monday, November, 1st. The credit services provider reported $2.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.56 by $0.55. The credit services provider earned $111.46 million during 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 in the previous year, the company posted $1.01 EPS.

Regional Management declared a quarterly dividend on Tuesday, November 1st. Shareholders of record on Wednesday, November 23rd will be given 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 3.17%. The ex-dividend date of this dividend 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 3.17%. 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 26.03% 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 number of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.22%), Hancock Whitney Corp (0.10%) and Concourse Financial Group Securities Inc. (0.00%). 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.
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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 $37.84.

Regional Management (NYSE:RM) has a market capitalization of $362.89 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.