Regional Management (NYSE:RM – Get Free Report) announced its quarterly earnings results on Wednesday. The credit services provider reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.27, Zacks reports. The business had revenue of $143.03 million for the quarter, compared to analyst estimates of $143.13 million. Regional Management had a net margin of 4.01% and a return on equity of 10.70%. During the same quarter last year, the firm earned $0.63 EPS.
Regional Management Price Performance
Regional Management stock traded down $1.81 during mid-day trading on Thursday, hitting $30.89. The stock had a trading volume of 42,714 shares, compared to its average volume of 28,144. The company has a current ratio of 54.90, a quick ratio of 54.90 and a debt-to-equity ratio of 4.03. The firm’s 50 day moving average is $28.32 and its 200 day moving average is $26.20. The firm has a market capitalization of $305.81 million, a P/E ratio of 14.19 and a beta of 1.51. Regional Management has a one year low of $20.50 and a one year high of $33.99.
Insider Transactions at Regional Management
In related news, Director Basswood Capital Management, L acquired 8,091 shares of the business’s stock in a transaction on Monday, May 6th. The stock was acquired at an average cost of $30.04 per share, with a total value of $243,053.64. Following the acquisition, the director now directly owns 478,892 shares in the company, valued at approximately $14,385,915.68. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 10.50% of the company’s stock.
Analyst Ratings Changes
View Our Latest Research Report on Regional Management
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.
Featured Articles
- Five stocks we like better than Regional Management
- High Flyers: 3 Natural Gas Stocks for March 2022
- First Solar Stock: The Dawn of a New Rally in Share Prices
- How to Invest in Blue Chip Stocks
- Mastercard Stock’s Q2 Financial Results Outshine Competitors
- How to Invest in the FAANG Stocks
- Tobacco Giant’s Shares Fall on EPS Miss, Lackluster Pouch Gains
Receive News & Ratings for Regional Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regional Management and related companies with MarketBeat.com's FREE daily email newsletter.