Regional Management (RM) Set to Announce Earnings on Wednesday

Regional Management (NYSE:RM) is scheduled to post its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect Regional Management to post earnings of $0.90 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Regional Management (NYSE:RM) last posted its quarterly earnings data on Wednesday, February 7th. The credit services provider reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.17. The firm had revenue of $141.66 million for the quarter, compared to the consensus estimate of $140.68 million. Regional Management had a net margin of 2.89% and a return on equity of 8.85%. On average, analysts expect Regional Management to post $4 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Regional Management Price Performance

RM opened at $26.13 on Tuesday. The company has a market capitalization of $257.90 million, a P/E ratio of 15.93 and a beta of 1.47. The company has a 50-day moving average of $24.19 and a 200-day moving average of $24.17. The company has a debt-to-equity ratio of 4.33, a quick ratio of 41.16 and a current ratio of 41.17. Regional Management has a 1-year low of $20.50 and a 1-year high of $34.60.

Regional Management Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Thursday, February 22nd were paid a $0.30 dividend. The ex-dividend date was Wednesday, February 21st. This represents a $1.20 dividend on an annualized basis and a yield of 4.59%. Regional Management’s dividend payout ratio (DPR) is 73.17%.

Insider Transactions at Regional Management

In related news, Director Basswood Capital Management, L bought 15,000 shares of the firm’s stock in a transaction on Monday, March 11th. The stock was bought at an average cost of $24.59 per share, for a total transaction of $368,850.00. Following the completion of the purchase, the director now directly owns 475,484 shares in the company, valued at approximately $11,692,151.56. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 9.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on RM shares. StockNews.com raised Regional Management from a “buy” rating to a “strong-buy” rating in a report on Tuesday, April 2nd. Stephens reissued an “equal weight” rating and set a $30.00 price target on shares of Regional Management in a research report on Thursday, February 8th.

About Regional Management

Regional Management Corp., a diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States. It offers small and large installment loans; and retail loans to finance the purchase of furniture, appliances, and other retail products.