Regional Management (NYSE:RM – Get Rating) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, May 4th. Analysts expect the company to announce earnings of $1.91 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.
Regional Management (NYSE:RM – Get Rating) last posted its quarterly earnings data on Wednesday, February 9th. The credit services provider reported $2.04 EPS for the quarter, beating the consensus estimate of $1.79 by $0.25. The business had revenue of $119.48 million for the quarter, compared to analysts’ expectations of $116.84 million. Regional Management had a net margin of 20.70% and a return on equity of 31.59%. During the same period in the previous year, the firm posted $1.28 EPS. On average, analysts expect Regional Management to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
RM opened at $43.37 on Wednesday. The company has a market cap of $424.59 million, a PE ratio of 5.21 and a beta of 1.32. Regional Management has a 12 month low of $37.95 and a 12 month high of $67.60. The company has a fifty day moving average of $47.99. The company has a quick ratio of 27.76, a current ratio of 27.76 and a debt-to-equity ratio of 3.88.
Several equities research analysts recently commented on RM shares. StockNews.com cut shares of Regional Management from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 8th. Zacks Investment Research cut shares of Regional Management from a “hold” rating to a “sell” rating in a research report on Wednesday, April 13th.
In other news, CEO Robert William Beck sold 5,000 shares of the business’s stock in a transaction dated Tuesday, March 8th. The shares were sold at an average price of $47.74, for a total transaction of $238,700.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Basswood Capital Management, L sold 2,367 shares of the business’s stock in a transaction dated Wednesday, February 16th. The stock was sold at an average price of $53.92, for a total transaction of $127,628.64. The disclosure for this sale can be found here. Insiders own 9.70% of the company’s stock.
Institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada increased its stake in shares of Regional Management by 1.8% during the 3rd quarter. Royal Bank of Canada now owns 18,647 shares of the credit services provider’s stock worth $1,085,000 after purchasing an additional 325 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of Regional Management by 357.1% during the 2nd quarter. Wells Fargo & Company MN now owns 22,866 shares of the credit services provider’s stock worth $1,065,000 after purchasing an additional 17,864 shares during the last quarter. Sei Investments Co. increased its stake in shares of Regional Management by 216.3% during the 4th quarter. Sei Investments Co. now owns 16,968 shares of the credit services provider’s stock worth $967,000 after purchasing an additional 11,604 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Regional Management by 81.4% during the 4th quarter. Bank of America Corp DE now owns 11,430 shares of the credit services provider’s stock worth $657,000 after purchasing an additional 5,130 shares during the last quarter. Finally, Cubist Systematic Strategies LLC increased its stake in shares of Regional Management by 173.3% during the 4th quarter. Cubist Systematic Strategies LLC now owns 10,902 shares of the credit services provider’s stock worth $626,000 after purchasing an additional 6,913 shares during the last quarter. Institutional investors own 85.57% of the company’s stock.
Regional Management Company Profile (Get Rating)
Regional Management Corp., a diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States. It offers small and large installment loans; and retail loans to finance the purchase of furniture, appliances, and other retail products.
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