FirstCash Holdings, Inc. (FCFS) To Go Ex-Dividend on August 14th

FirstCash Holdings, Inc. (NASDAQ:FCFS) announced a quarterly dividend on Wednesday, July 22nd. Stockholders of record on Friday, August 14th will be given a dividend of 0.42 per share on Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, August 14th.

FirstCash has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 8 years. FirstCash has a payout ratio of 18.0% meaning its dividend is sufficiently covered by earnings. Analysts expect FirstCash to earn $12.55 per share next year, which means the company should continue to be able to cover its $1.68 annual dividend with an expected future payout ratio of 13.4%.

FirstCash Trading Down 0.2%

FCFS stock opened at $208.37 on Wednesday. The company has a market cap of $9.04 billion, a P/E ratio of 23.79 and a beta of 0.53. FirstCash has a twelve month low of $135.64 and a twelve month high of $235.97. The company has a quick ratio of 3.51, a current ratio of 4.89 and a debt-to-equity ratio of 1.01. The business has a fifty day moving average of $215.36 and a 200-day moving average of $204.65.

FirstCash (NASDAQ:FCFS) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.39 by $0.11. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.03 billion. FirstCash had a return on equity of 19.65% and a net margin of 9.42%.The firm’s revenue for the quarter was up 29.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.34 earnings per share. As a group, equities research analysts expect that FirstCash will post 11.85 EPS for the current year.

About FirstCash

FirstCash, Inc (NASDAQ: FCFS) is a leading integrated operator of pawn stores and provider of short-term consumer loan services in the United States and Mexico. Through its retail pawn outlets, FirstCash offers collateral-based loans secured by personal property, enabling customers to access liquidity without a credit history or traditional bank account. The company also purchases, trades and sells a broad range of secondhand merchandise, including electronics, jewelry and power tools, through its network of conveniently located stores.

In addition to its pawn-broking activities, FirstCash provides unsecured consumer loans designed to meet urgent cash needs.