Cash America International Inc. (CSH) Stock Price Down 3.6%
Cash America International Inc. (NYSE:CSH) dropped 3.6% on Thursday . The company traded as low as $41.93 and last traded at $41.96, with a volume of 80,756 shares traded. The stock had previously closed at $43.53.
Separately, Zacks Investment Research upgraded Cash America International from a “hold” rating to a “strong-buy” rating and set a $50.00 price objective for the company in a research note on Wednesday. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. Cash America International has an average rating of “Buy” and a consensus price target of $41.00.
The firm has a market capitalization of $1.01 billion and a P/E ratio of 35.61. The company’s 50 day moving average price is $43.34 and its 200-day moving average price is $39.41.
Cash America International (NYSE:CSH) last posted its earnings results on Thursday, July 28th. The company reported $0.25 EPS for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.10. The business earned $241.20 million during the quarter, compared to analysts’ expectations of $250.05 million. During the same quarter in the prior year, the firm earned $0.06 EPS. Cash America International’s revenue for the quarter was up 2.0% compared to the same quarter last year. On average, equities analysts predict that Cash America International Inc. will post $1.44 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 24th. Shareholders of record on Wednesday, August 10th were given a $0.08 dividend. The ex-dividend date was Monday, August 8th. This represents a $0.32 dividend on an annualized basis and a yield of 0.76%.
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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