Brokerages expect Regional Management Corp (NYSE:RM) to report earnings per share (EPS) of $0.79 for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Regional Management’s earnings. The lowest EPS estimate is $0.71 and the highest is $0.87. Regional Management reported earnings of $0.62 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 27.4%. The firm is expected to announce its next earnings results on Tuesday, February 12th.

On average, analysts expect that Regional Management will report full year earnings of $3.05 per share for the current financial year, with EPS estimates ranging from $2.98 to $3.14. For the next fiscal year, analysts forecast that the firm will report earnings of $3.53 per share, with EPS estimates ranging from $3.36 to $3.66. Zacks’ earnings per share calculations are an average based on a survey of analysts that follow Regional Management.

Regional Management (NYSE:RM) last issued its quarterly earnings data on Thursday, November 8th. The credit services provider reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.02. Regional Management had a return on equity of 13.74% and a net margin of 12.02%. The company had revenue of $77.92 million during the quarter, compared to analysts’ expectations of $78.72 million.

A number of brokerages have recently issued reports on RM. Zacks Investment Research upgraded Regional Management from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a report on Wednesday, November 14th. ValuEngine cut Regional Management from a “hold” rating to a “sell” rating in a report on Monday, October 8th. Stephens restated a “hold” rating and set a $37.00 price objective on shares of Regional Management in a report on Wednesday, August 1st. Finally, BMO Capital Markets boosted their price objective on Regional Management from $32.00 to $36.00 and gave the stock a “market perform” rating in a report on Thursday, August 2nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. Regional Management currently has a consensus rating of “Hold” and an average target price of $32.20.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Morgan Stanley raised its position in shares of Regional Management by 35.3% in the third quarter. Morgan Stanley now owns 41,402 shares of the credit services provider’s stock valued at $1,193,000 after buying an additional 10,813 shares in the last quarter. MetLife Investment Advisors LLC raised its position in shares of Regional Management by 54.7% in the third quarter. MetLife Investment Advisors LLC now owns 8,503 shares of the credit services provider’s stock valued at $245,000 after buying an additional 3,007 shares in the last quarter. Matarin Capital Management LLC acquired a new stake in shares of Regional Management in the third quarter valued at approximately $3,081,000. Renaissance Technologies LLC raised its position in shares of Regional Management by 18.3% in the third quarter. Renaissance Technologies LLC now owns 496,291 shares of the credit services provider’s stock valued at $14,308,000 after buying an additional 76,755 shares in the last quarter. Finally, Citadel Advisors LLC raised its position in shares of Regional Management by 105.6% in the third quarter. Citadel Advisors LLC now owns 35,218 shares of the credit services provider’s stock valued at $1,015,000 after buying an additional 18,086 shares in the last quarter. Institutional investors own 86.53% of the company’s stock.

Shares of NYSE:RM traded up $0.44 during trading on Wednesday, reaching $27.44. 16,800 shares of the stock were exchanged, compared to its average volume of 60,659. Regional Management has a 12 month low of $22.90 and a 12 month high of $37.21. The stock has a market cap of $326.73 million, a PE ratio of 12.15 and a beta of 0.81. The company has a quick ratio of 44.21, a current ratio of 44.21 and a debt-to-equity ratio of 2.26.

Regional Management Company Profile

Regional Management Corp., a diversified consumer finance company, provides various loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other traditional lenders. The company offers small and large installment loans; automobile purchase loans; loans to finance the purchase of furniture, appliances, and other retail products; insurance products, including credit life, credit accident and health, credit property, vehicle single interest, and credit involuntary unemployment insurance; collateral protection insurance; and property insurance, as well as reinsurance products.

See Also: Cost of Equity For A Business, Investors

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Earnings History and Estimates for Regional Management (NYSE:RM)

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