Equities analysts predict that Santander Consumer USA Holdings Inc. (NYSE:SC) will announce earnings of $0.35 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Santander Consumer USA Holdings’ earnings, with the highest EPS estimate coming in at $0.38 and the lowest estimate coming in at $0.33. Santander Consumer USA Holdings reported earnings of $0.59 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 40.7%. The business is scheduled to issue its next quarterly earnings results on Wednesday, November 8th.

According to Zacks, analysts expect that Santander Consumer USA Holdings will report full year earnings of $1.72 per share for the current year, with EPS estimates ranging from $1.47 to $1.95. For the next year, analysts expect that the firm will report earnings of $1.87 per share, with EPS estimates ranging from $1.50 to $2.20. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Santander Consumer USA Holdings.

Santander Consumer USA Holdings (NYSE:SC) last announced its quarterly earnings data on Friday, July 28th. The financial services provider reported $0.70 EPS for the quarter, topping the consensus estimate of $0.62 by $0.08. The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.07 billion. Santander Consumer USA Holdings had a net margin of 10.40% and a return on equity of 12.47%. The company’s revenue for the quarter was down 5.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.79 earnings per share.

SC has been the subject of a number of research analyst reports. Jefferies Group LLC reaffirmed a “buy” rating and set a $18.00 price objective on shares of Santander Consumer USA Holdings in a report on Friday, May 12th. Compass Point raised shares of Santander Consumer USA Holdings from a “neutral” rating to a “buy” rating and raised their target price for the company from $13.50 to $16.00 in a report on Thursday, April 27th. Zacks Investment Research lowered shares of Santander Consumer USA Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th. BidaskClub raised shares of Santander Consumer USA Holdings from a “strong sell” rating to a “sell” rating in a report on Thursday, June 29th. Finally, ValuEngine raised shares of Santander Consumer USA Holdings from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 28th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $14.63.

In other Santander Consumer USA Holdings news, CFO Ismail Dawood bought 5,000 shares of the firm’s stock in a transaction dated Thursday, June 29th. The stock was acquired at an average cost of $12.94 per share, for a total transaction of $64,700.00. Following the completion of the transaction, the chief financial officer now owns 127,609 shares in the company, valued at $1,651,260.46. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Over the last quarter, insiders have bought 15,000 shares of company stock valued at $182,400. Corporate insiders own 0.36% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the company. Sei Investments Co. increased its stake in Santander Consumer USA Holdings by 6.1% in the second quarter. Sei Investments Co. now owns 9,622 shares of the financial services provider’s stock valued at $123,000 after buying an additional 555 shares during the last quarter. Meeder Asset Management Inc. increased its stake in Santander Consumer USA Holdings by 40.3% in the first quarter. Meeder Asset Management Inc. now owns 9,744 shares of the financial services provider’s stock valued at $129,000 after buying an additional 2,800 shares during the last quarter. TD Asset Management Inc. purchased a new stake in Santander Consumer USA Holdings during the second quarter valued at $133,000. Federated Investors Inc. PA increased its stake in Santander Consumer USA Holdings by 134.9% in the second quarter. Federated Investors Inc. PA now owns 11,605 shares of the financial services provider’s stock valued at $148,000 after buying an additional 6,665 shares during the last quarter. Finally, Amalgamated Bank increased its stake in Santander Consumer USA Holdings by 3.4% in the first quarter. Amalgamated Bank now owns 15,158 shares of the financial services provider’s stock valued at $202,000 after buying an additional 496 shares during the last quarter. Institutional investors and hedge funds own 93.20% of the company’s stock.

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Shares of Santander Consumer USA Holdings (NYSE SC) traded down 0.68% during mid-day trading on Wednesday, reaching $13.19. 1,027,394 shares of the company’s stock traded hands. The stock has a market cap of $4.74 billion, a price-to-earnings ratio of 6.98 and a beta of 1.29. Santander Consumer USA Holdings has a 12-month low of $10.57 and a 12-month high of $15.47. The firm’s 50 day moving average price is $12.82 and its 200-day moving average price is $12.98.

Santander Consumer USA Holdings Company Profile

Santander Consumer USA Holdings Inc is the holding company for Santander Consumer USA Inc, and subsidiaries, a consumer finance company focused on vehicle finance and third party servicing. The Company operates through Consumer Finance segment. Its Consumer Finance business is focused on vehicle financial products and services, including retail installment contracts, vehicle leases, and dealer loans, as well as financial products and services related to motorcycles, recreational vehicles (RVs), and marine vehicles.

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Earnings History and Estimates for Santander Consumer USA Holdings (NYSE:SC)

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