FirstCash (FCFS) to Release Earnings on Thursday

FirstCash (NASDAQ:FCFS) will post its quarterly earnings results before the market opens on Thursday, April 25th. Analysts expect FirstCash to post earnings of $1.50 per share for the quarter.

FirstCash (NASDAQ:FCFS) last posted its earnings results on Thursday, February 1st. The company reported $2.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.79 by $0.25. FirstCash had a net margin of 6.96% and a return on equity of 14.42%. The company had revenue of $852.13 million during the quarter, compared to analysts’ expectations of $859.23 million. During the same quarter in the previous year, the company posted $1.65 earnings per share. FirstCash’s quarterly revenue was up 12.5% compared to the same quarter last year. On average, analysts expect FirstCash to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

FirstCash Stock Performance

NASDAQ:FCFS opened at $130.59 on Tuesday. FirstCash has a 1 year low of $88.05 and a 1 year high of $133.46. The firm has a 50 day moving average of $121.75 and a 200-day moving average of $114.21. The company has a current ratio of 3.89, a quick ratio of 2.96 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $5.89 billion, a P/E ratio of 27.21 and a beta of 0.62.

FirstCash Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Wednesday, February 14th were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date of this dividend was Tuesday, February 13th. FirstCash’s dividend payout ratio (DPR) is currently 29.17%.

Insiders Place Their Bets

In other news, Director Douglas Richard Rippel sold 17,395 shares of the business’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $118.73, for a total value of $2,065,308.35. Following the completion of the transaction, the director now owns 5,466,973 shares of the company’s stock, valued at approximately $649,093,704.29. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, Director Douglas Richard Rippel sold 17,395 shares of the business’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $118.73, for a total value of $2,065,308.35. Following the completion of the transaction, the director now owns 5,466,973 shares of the company’s stock, valued at approximately $649,093,704.29. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO R Douglas Orr sold 3,000 shares of the business’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $116.25, for a total transaction of $348,750.00. Following the completion of the sale, the chief financial officer now directly owns 94,715 shares in the company, valued at $11,010,618.75. The disclosure for this sale can be found here. In the last 90 days, insiders sold 329,984 shares of company stock valued at $38,850,386. Company insiders own 18.08% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on FCFS. Stephens lifted their target price on shares of FirstCash from $131.00 to $141.00 and gave the company an “overweight” rating in a research note on Friday, February 2nd. TD Cowen raised shares of FirstCash from a “hold” rating to a “buy” rating and raised their price target for the company from $130.00 to $145.00 in a report on Wednesday, April 10th.

About FirstCash

FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. The company operates in three segments: U.S. Pawn, Latin America Pawn, and Retail POS Payment Solutions segments. Its pawn stores lend money on the collateral of pledged personal property, including jewelry, electronics, tools, appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise directly from customers.