Cash America International Inc. (CSH) Stock Price Down 3.9%
Shares of Cash America International Inc. (NYSE:CSH) were down 3.9% on Wednesday . The stock traded as low as $43.12 and last traded at $43.15, with a volume of 51,858 shares. The stock had previously closed at $44.92.
Several analysts recently weighed in on CSH shares. Macquarie raised shares of Cash America International from an “underperform” rating to a “neutral” rating in a research note on Friday, April 29th. Zacks Investment Research cut shares of Cash America International from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 18th. Finally, JMP Securities cut shares of Cash America International from an “outperform” rating to a “market perform” rating in a research report 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 given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $40.67.
The stock has a market cap of $1.03 billion and a price-to-earnings ratio of 36.31. The company’s 50 day moving average price is $43.19 and its 200 day moving average price is $38.90.
Cash America International (NYSE:CSH) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.25 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.10. The company had revenue of $241.20 million for the quarter, compared to analysts’ expectations of $250.05 million. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.06 EPS. Equities analysts expect that Cash America International Inc. will post $1.44 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 24th. Stockholders of record on Wednesday, August 10th were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.74%. The ex-dividend date was Monday, August 8th.
A hedge fund recently raised its stake in Cash America International stock. Dimensional Fund Advisors LP increased its stake in shares of Cash America International Inc. (NYSE:CSH) by 2.9% during the fourth quarter, according to its most recent 13F filing with the 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 as of its most recent filing with the SEC.
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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