Analysts predict that CURO Group Holdings Corp. (NYSE:CURO – Get Rating) will announce $273.33 million in sales for the current quarter, according to Zacks. Three analysts have provided estimates for CURO Group’s earnings. The lowest sales estimate is $211.72 million and the highest is $310.87 million. CURO Group reported sales of $187.69 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 45.6%. The firm is scheduled to report its next quarterly earnings results on Monday, January 1st.
According to Zacks, analysts expect that CURO Group will report full year sales of $1.14 billion for the current year, with estimates ranging from $866.27 million to $1.32 billion. For the next year, analysts forecast that the company will post sales of $1.37 billion, with estimates ranging from $1.05 billion to $1.60 billion. Zacks’ sales calculations are an average based on a survey of research analysts that follow CURO Group.
CURO Group (NYSE:CURO – Get Rating) last released its quarterly earnings data on Monday, May 2nd. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). CURO Group had a return on equity of 3.11% and a net margin of 3.83%. The firm had revenue of $290.20 million during the quarter, compared to analysts’ expectations of $270.53 million. During the same quarter last year, the business earned $0.64 earnings per share.
NYSE:CURO opened at $9.17 on Monday. CURO Group has a 12-month low of $8.85 and a 12-month high of $20.10. The firm has a market cap of $370.00 million, a price-to-earnings ratio of 13.49 and a beta of 2.56. The company has a quick ratio of 5.07, a current ratio of 6.32 and a debt-to-equity ratio of 13.68. The firm’s 50 day moving average is $12.06.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 23rd. Stockholders of record on Tuesday, May 10th will be paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.80%. The ex-dividend date is Monday, May 9th. CURO Group’s dividend payout ratio is presently 64.71%.
Several institutional investors and hedge funds have recently bought and sold shares of the company. First Quadrant LLC CA acquired a new stake in shares of CURO Group during the first quarter worth $28,000. Citigroup Inc. raised its position in shares of CURO Group by 134.0% during the third quarter. Citigroup Inc. now owns 2,345 shares of the company’s stock worth $41,000 after purchasing an additional 1,343 shares during the period. Royal Bank of Canada raised its position in shares of CURO Group by 31.3% during the second quarter. Royal Bank of Canada now owns 3,442 shares of the company’s stock worth $59,000 after purchasing an additional 820 shares during the period. Acadian Asset Management LLC acquired a new stake in shares of CURO Group during the fourth quarter worth $69,000. Finally, BNP Paribas Arbitrage SA raised its position in shares of CURO Group by 377.8% during the third quarter. BNP Paribas Arbitrage SA now owns 4,515 shares of the company’s stock worth $78,000 after purchasing an additional 3,570 shares during the period. 38.78% of the stock is currently owned by institutional investors.
About CURO Group (Get Rating)
CURO Group Holdings Corp., together with its subsidiaries, provides consumer finance products in the United States and Canada. The company offers unsecured installment loans, secured installment loans, open-end loans, and single-pay loans, as well as ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, demand deposit accounts, credit protection insurance, retail installment sales, and money transfer services.
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