FirstCash (NASDAQ:FCFS) released its quarterly earnings results on Tuesday. The company reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.10, MarketWatch Earnings reports. FirstCash had a return on equity of 9.48% and a net margin of 6.83%. The business had revenue of $389.58 million during the quarter, compared to analysts’ expectations of $380.94 million. During the same period in the prior year, the business posted $0.62 EPS. The company’s revenue was down 5.6% compared to the same quarter last year.
FCFS stock traded down $1.70 during mid-day trading on Thursday, reaching $77.34. The company had a trading volume of 2,739 shares, compared to its average volume of 212,225. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.63 and a quick ratio of 1.76. FirstCash has a fifty-two week low of $51.15 and a fifty-two week high of $84.83. The company has a market cap of $3.17 billion, a P/E ratio of 30.28 and a beta of 0.82. The company has a fifty day moving average of $79.14.
The business also recently declared a quarterly dividend, which will be paid on Friday, August 27th. Shareholders of record on Friday, August 13th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date is Thursday, August 12th. FirstCash’s dividend payout ratio is currently 39.87%.
FirstCash, Inc, together with its subsidiaries, operates retail pawn stores in the United States and Latin America. 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.
Featured Story: Stock Selection – What is cash flow?
Receive News & Ratings for FirstCash Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FirstCash and related companies with MarketBeat.com's FREE daily email newsletter.