Regional Management (NYSE:RM) is set to announce its earnings results after the market closes on Monday, February 5th.
Regional Management (NYSE:RM) last posted its quarterly earnings data on Wednesday, November 8th. The credit services provider reported $0.58 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.02). Regional Management had a net margin of 9.66% and a return on equity of 12.62%. The firm had revenue of $69.19 million during the quarter, compared to analysts’ expectations of $68.81 million. On average, analysts expect Regional Management to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Regional Management (NYSE RM) opened at $27.83 on Friday. Regional Management has a 12 month low of $18.31 and a 12 month high of $29.15. The company has a quick ratio of 39.39, a current ratio of 39.39 and a debt-to-equity ratio of 2.34. The company has a market capitalization of $330.87 and a P/E ratio of 12.82.
In other Regional Management news, major shareholder Basswood Capital Management, L sold 4,163 shares of the stock in a transaction on Friday, January 19th. The stock was sold at an average price of $27.84, for a total transaction of $115,897.92. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 9.50% of the company’s stock.
Several equities analysts recently commented on RM shares. BMO Capital Markets reiterated a “hold” rating and issued a $25.00 price objective on shares of Regional Management in a research note on Sunday, November 12th. Zacks Investment Research downgraded Regional Management from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. ValuEngine upgraded Regional Management from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 1st. Keefe, Bruyette & Woods restated a “hold” rating and set a $27.00 target price on shares of Regional Management in a research report on Friday, December 22nd. Finally, Jefferies Group restated a “buy” rating and set a $33.00 target price on shares of Regional Management in a research report on Thursday, January 11th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $29.00.
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Regional Management Company Profile
Regional Management Corp. is a diversified consumer finance company. The Company provides an array of loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies and other traditional lenders. Its products include small loans, large loans, automobile loans, retail loans, and optional payment and collateral protection insurance products.
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