Regional Management (RM) Expected to Announce Earnings on Wednesday

Regional Management (NYSE:RM) is expected to issue its quarterly earnings data after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.88 per share and revenue of $154.12 million for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Regional Management Trading Up 0.8 %

Shares of RM opened at $36.08 on Tuesday. The company has a debt-to-equity ratio of 3.94, a quick ratio of 44.42 and a current ratio of 44.42. The company has a market cap of $366.57 million, a price-to-earnings ratio of 15.16 and a beta of 1.49. Regional Management has a 52-week low of $20.50 and a 52-week high of $37.19. The stock has a fifty day moving average price of $33.82 and a two-hundred day moving average price of $32.04.

Regional Management Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 11th. Investors of record on Thursday, November 21st were given a dividend of $0.30 per share. The ex-dividend date was Thursday, November 21st. This represents a $1.20 annualized dividend and a yield of 3.33%. Regional Management’s dividend payout ratio (DPR) is presently 50.42%.

Wall Street Analysts Forecast Growth

Separately, Stephens began coverage on Regional Management in a research report on Wednesday, November 13th. They set an “overweight” rating and a $38.00 target price for the company.

Insider Buying and Selling at Regional Management

In other news, SVP Catherine R. Atwood sold 1,128 shares of the firm’s stock in a transaction on Friday, December 6th. The shares were sold at an average price of $33.00, for a total value of $37,224.00. Following the sale, the senior vice president now directly owns 42,025 shares in the company, valued at approximately $1,386,825. This trade represents a 2.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Fund L.P. Forager sold 16,219 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $34.21, for a total transaction of $554,851.99. Following the transaction, the insider now directly owns 990,894 shares in the company, valued at $33,898,483.74. The trade was a 1.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 65,973 shares of company stock valued at $2,179,000. Company insiders own 10.50% of the company’s stock.

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.