Regional Management (RM) Getting Somewhat Positive Press Coverage, Study Shows
Press coverage about Regional Management (NYSE:RM) has trended somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Regional Management earned a coverage optimism score of 0.05 on Accern’s scale. Accern also assigned headlines about the credit services provider an impact score of 46.6630570618269 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Regional Management (RM) traded down $0.13 on Thursday, reaching $27.72. 72,400 shares of the company’s stock traded hands, compared to its average volume of 76,255. The company has a current ratio of 39.39, a quick ratio of 39.39 and a debt-to-equity ratio of 2.34. The stock has a market capitalization of $324.92, a P/E ratio of 12.77 and a beta of 1.38. Regional Management has a fifty-two week low of $18.31 and a fifty-two week high of $28.98.
Regional Management (NYSE:RM) last posted its quarterly earnings data on Wednesday, November 8th. The credit services provider reported $0.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by ($0.02). Regional Management had a net margin of 9.66% and a return on equity of 12.62%. sell-side analysts expect that Regional Management will post 2.18 earnings per share for the current fiscal year.
A number of analysts recently issued reports on the stock. Zacks Investment Research raised shares of Regional Management from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a report on Wednesday, January 10th. ValuEngine downgraded shares of Regional Management from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 13th. Jefferies Group reissued a “buy” rating and set a $33.00 price target on shares of Regional Management in a report on Thursday, January 11th. BMO Capital Markets reissued a “hold” rating and set a $32.00 price target on shares of Regional Management in a report on Monday, January 8th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $27.00 price target on shares of Regional Management in a report on Friday, December 22nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. Regional Management currently has a consensus rating of “Hold” and an average price target of $29.00.
In related news, major shareholder Basswood Capital Management, L acquired 7,881 shares of the firm’s stock in a transaction on Saturday, December 29th. The shares were acquired at an average cost of $26.40 per share, with a total value of $208,058.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 9.50% of the company’s stock.
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About Regional Management
Regional Management Corp. is a diversified consumer finance company. The Company provides an array of loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies and other traditional lenders. Its products include small loans, large loans, automobile loans, retail loans, and optional payment and collateral protection insurance products.
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