Media headlines about Regional Management (NYSE:RM) have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Regional Management earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave news stories about the credit services provider an impact score of 47.4310806916244 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Matt Firm switches to regional structure, makes management changes (furnituretoday.com)
- Regional Management Corp (RM) Expected to Announce Quarterly Sales of $72.27 Million (americanbankingnews.com)
- Analysts Expect Regional Management Corp (RM) to Post $0.69 EPS (americanbankingnews.com)
- Job opportunity: Gill Corporation regional sales manager (compositesworld.com)
RM has been the topic of several research reports. Zacks Investment Research downgraded shares of Regional Management from a “hold” rating to a “sell” rating in a report on Tuesday, November 14th. ValuEngine upgraded shares of Regional Management from a “buy” rating to a “strong-buy” rating in a report on Friday, December 1st. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $27.00 price objective on shares of Regional Management in a report on Friday, December 22nd. BMO Capital Markets reiterated a “hold” rating and issued a $32.00 price objective on shares of Regional Management in a report on Monday, January 8th. Finally, Jefferies Group reiterated a “buy” rating and issued a $33.00 price objective on shares of Regional Management in a report on Thursday, January 11th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Regional Management presently has an average rating of “Hold” and a consensus price target of $29.00.
Regional Management (NYSE:RM) last released its quarterly earnings results on Tuesday, February 13th. The credit services provider reported $0.62 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.02. Regional Management had a net margin of 11.00% and a return on equity of 12.54%. The business had revenue of $72.11 million for the quarter, compared to the consensus estimate of $71.86 million. research analysts anticipate that Regional Management will post 3.16 EPS for the current fiscal year.
In related news, SVP Daniel J. Taggart sold 3,200 shares of the company’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $30.45, for a total value of $97,440.00. Following the transaction, the senior vice president now directly owns 3,351 shares in the company, valued at $102,037.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Basswood Capital Management, L purchased 13,786 shares of the firm’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was acquired at an average price of $26.31 per share, for a total transaction of $362,709.66. The disclosure for this purchase can be found here. Insiders sold 33,325 shares of company stock worth $928,591 over the last 90 days. 9.50% of the stock is currently owned by corporate insiders.
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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