News headlines about Regional Management (NYSE:RM) have been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Regional Management earned a coverage optimism 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, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several analysts have commented on the stock. Zacks Investment Research upgraded shares of Regional Management from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a report on Wednesday, January 10th. ValuEngine upgraded shares of Regional Management from a “buy” rating to a “strong-buy” rating in a report on Thursday, February 8th. BMO Capital Markets restated a “hold” rating and set a $32.00 target price on shares of Regional Management in a report on Monday, January 8th. Keefe, Bruyette & Woods restated a “hold” rating and set a $27.00 target price on shares of Regional Management in a report on Friday, December 22nd. Finally, Jefferies Group restated a “buy” rating and set a $33.00 target price on shares of Regional Management in a report on Thursday, January 11th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Regional Management presently has a consensus rating of “Hold” and an average target price of $29.00.
Shares of NYSE RM traded up $0.24 during midday trading on Thursday, reaching $33.03. The company’s stock had a trading volume of 65,770 shares, compared to its average volume of 81,067. The company has a quick ratio of 42.60, a current ratio of 42.60 and a debt-to-equity ratio of 2.37. Regional Management has a fifty-two week low of $19.12 and a fifty-two week high of $35.34. The company has a market capitalization of $376.78, a PE ratio of 14.62 and a beta of 1.19.
In related news, major shareholder Basswood Capital Management, L sold 25,962 shares of the firm’s stock in a transaction on Monday, January 22nd. The shares were sold at an average price of $27.55, for a total value of $715,253.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Roel C. Campos bought 800 shares of the firm’s stock in a transaction that occurred on Tuesday, March 13th. The stock was purchased at an average cost of $31.56 per share, with a total value of $25,248.00. Following the completion of the purchase, the director now directly owns 29,654 shares of the company’s stock, valued at approximately $935,880.24. The disclosure for this purchase can be found here. Insiders sold 33,325 shares of company stock worth $928,591 over the last quarter. 9.50% of the stock is owned by corporate insiders.
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About Regional Management
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.
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