Cash America International Inc. (CSH) Sets New 52-Week High at $45.10
Cash America International Inc. (NYSE:CSH) shares reached a new 52-week high on Monday . The company traded as high as $45.10 and last traded at $45.02, with a volume of 22,536 shares changing hands. The stock had previously closed at $44.56.
A number of research analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Cash America International from a “hold” rating to a “strong-buy” rating and set a $49.00 price objective for the company in a research note on Friday, July 29th. Macquarie upgraded shares of Cash America International from an “underperform” rating to a “neutral” rating in a research note on Friday, April 29th. Finally, JMP Securities lowered shares of Cash America International from an “outperform” rating to a “market perform” rating in a research note on Friday, April 29th. They noted that the move was a valuation call. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Cash America International has an average rating of “Hold” and a consensus target price of $40.67.
The company’s 50-day moving average is $43.11 and its 200 day moving average is $38.84. The stock has a market capitalization of $1.08 billion and a PE ratio of 37.91.
Cash America International (NYSE:CSH) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.25 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.10. The business had revenue of $241.20 million for the quarter, compared to the consensus estimate of $250.05 million. Cash America International’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.06 EPS. On average, analysts anticipate that Cash America International Inc. will post $1.44 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 24th. Shareholders of record on Wednesday, August 10th will be given a dividend of $0.08 per share. The ex-dividend date is Monday, August 8th. This represents a $0.32 annualized dividend and a yield of 0.71%.
A hedge fund recently raised its stake in Cash America International stock. Dimensional Fund Advisors LP raised its stake in shares of Cash America International Inc. (NYSE:CSH) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,167,696 shares of the company’s stock after buying an additional 61,383 shares during the period. Dimensional Fund Advisors LP owned 8.72% of Cash America International worth $64,922,000 at the end of the most recent reporting period.
Cash America International, Inc provides specialty financial services to individuals through its storefront lending and franchised check cashing locations. The Company offers secured non-recourse loans, referred to as pawn loans, as its primary line of business. The Company is also engaged in originating, arranging, guaranteeing or purchasing consumer loans in some of its locations.
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