Cash America International Inc. (CSH) Stock Price Down 3.6%
Cash America International Inc. (NYSE:CSH) dropped 3.6% on Thursday . The stock traded as low as $41.93 and last traded at $41.96, with a volume of 80,756 shares. The stock had previously closed at $43.53.
Separately, Zacks Investment Research downgraded shares of Cash America International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 2nd. Three investment analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $41.00.
The firm has a market capitalization of $1.01 billion and a price-to-earnings ratio of 35.61. The firm’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 announced its quarterly earnings results on Thursday, July 28th. The company reported $0.25 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.10. During the same quarter last year, the company earned $0.06 EPS. The business had revenue of $241.20 million for the quarter, compared to analyst estimates of $250.05 million. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. On average, analysts expect that Cash America International Inc. will post $1.44 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 24th. Investors of record on Wednesday, August 10th were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend was Monday, August 8th.
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.