World Acceptance (NASDAQ:WRLD – Get Free Report) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.
Separately, Weiss Ratings reissued a “hold (c)” rating on shares of World Acceptance in a report on Wednesday, June 24th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, World Acceptance presently has an average rating of “Hold”.
Read Our Latest Stock Analysis on WRLD
World Acceptance Price Performance
World Acceptance (NASDAQ:WRLD – Get Free Report) last announced its quarterly earnings data on Friday, July 24th. The credit services provider reported $2.12 EPS for the quarter, beating the consensus estimate of $0.58 by $1.54. The business had revenue of $139.21 million during the quarter, compared to analysts’ expectations of $143.90 million. World Acceptance had a net margin of 5.98% and a return on equity of 9.36%.
Insider Buying and Selling
In related news, insider Luke J. Umstetter sold 1,000 shares of World Acceptance stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $181.66, for a total transaction of $181,660.00. Following the completion of the transaction, the insider directly owned 28,245 shares in the company, valued at approximately $5,130,986.70. This trade represents a 3.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Charles D. Way sold 833 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $225.00, for a total value of $187,425.00. Following the completion of the transaction, the director directly owned 12,729 shares of the company’s stock, valued at $2,864,025. The trade was a 6.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 5,576 shares of company stock valued at $1,149,890 in the last three months. 41.60% of the stock is currently owned by insiders.
Hedge Funds Weigh In On World Acceptance
Several large investors have recently made changes to their positions in WRLD. Smith Thomas W acquired a new stake in World Acceptance during the fourth quarter valued at $10,894,000. Millennium Management LLC raised its position in shares of World Acceptance by 680.5% in the fourth quarter. Millennium Management LLC now owns 67,649 shares of the credit services provider’s stock worth $9,497,000 after acquiring an additional 58,982 shares during the period. Jane Street Group LLC raised its position in shares of World Acceptance by 86.3% in the fourth quarter. Jane Street Group LLC now owns 44,301 shares of the credit services provider’s stock worth $6,219,000 after acquiring an additional 20,520 shares during the period. Bridgeway Capital Management LLC boosted its stake in shares of World Acceptance by 33.1% during the 2nd quarter. Bridgeway Capital Management LLC now owns 57,928 shares of the credit services provider’s stock worth $9,565,000 after acquiring an additional 14,406 shares in the last quarter. Finally, AQR Capital Management LLC boosted its stake in shares of World Acceptance by 51.1% during the 2nd quarter. AQR Capital Management LLC now owns 41,380 shares of the credit services provider’s stock worth $6,833,000 after acquiring an additional 13,999 shares in the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.
More World Acceptance News
Here are the key news stories impacting World Acceptance this week:
- Positive Sentiment: World Acceptance reported adjusted earnings of $2.12 per share, far above the $0.58 consensus estimate, signaling better-than-expected operating performance. World Acceptance Corporation Reports Fiscal 2027 First Quarter Results
- Positive Sentiment: Total revenue rose to $139.2 million, up 4.8% from a year ago, showing continued top-line growth. World Acceptance Corporation Reports Fiscal 2027 First Quarter Results
- Positive Sentiment: The company also highlighted a profit rebound, with net income of $6.1 million and adjusted net income of $9.7 million, reinforcing the idea that earnings quality improved this quarter. World Acceptance Corporation (WRLD) Q1 2027 Earnings Call Transcript
- Neutral Sentiment: Several follow-up pieces, including an earnings transcript and quick market summaries, are likely reflecting investor attention on the same quarterly beat rather than adding new fundamental information. World Acceptance Posts Strong Fiscal Q1 Profit Rebound
- Neutral Sentiment: Short-interest data showed 0 shares reported, which does not currently point to a meaningful bearish catalyst. Read More.
World Acceptance Company Profile
World Acceptance Corporation (NASDAQ: WRLD) is a consumer finance company headquartered in Greenville, South Carolina. Founded in 1972, the company provides credit solutions to underserved customers who may have limited access to traditional banking services. Over the decades, World Acceptance has built a reputation for tailored lending that emphasizes responsible underwriting and personalized customer service.
The company’s core product offerings include short-term installment loans designed to meet the immediate financial needs of its clients.
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