Regional Management (NYSE:RM) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Regional Management Corp. (NYSE:RM)’s stock price passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $35.35 and traded as high as $38.50. Regional Management shares last traded at $36.4970, with a volume of 178,321 shares trading hands.

Key Regional Management News

Here are the key news stories impacting Regional Management this week:

• Positive Sentiment: Third-quarter diluted EPS was $1.61, exceeding the analyst consensus of $1.47, while revenue increased 8.0% year over year to a record $178.8 million, above estimates of $174.69 million. Net income rose 5.3% to $15.1 million. Regional Management third-quarter earnings results
• Positive Sentiment: Net finance receivables grew 7.6% year over year to approximately $2.2 billion, supporting management’s outlook for 5% to 7% portfolio growth in 2026 and a longer-term target of returning on equity above 18%. Regional Management growth and ROE outlook
• Positive Sentiment: Regional Management declared a quarterly cash dividend of $0.30 per share, equivalent to $1.20 annually and a yield of roughly 3.6% based on the provided stock data. The dividend is payable December 16 to shareholders of record November 18. Regional Management quarterly dividend announcement
• Neutral Sentiment: The company also announced leadership changes during the quarterly update. Investors will likely monitor whether the transition affects execution of the growth and profitability targets. Regional Management Q3 results and leadership changes
• Negative Sentiment: Provision for credit losses increased 9.4% year over year to $66.2 million, and the net credit loss rate rose to 10.9% from 10.2%. Rising losses remain a risk for margins and future earnings, despite the quarterly beat. Regional Management record revenue and credit losses

Analyst Ratings Changes

Several brokerages recently weighed in on RM. Citizens Jmp reduced their price objective on shares of Regional Management from $45.00 to $43.00 and set a “market outperform” rating on the stock in a research note on Thursday, July 30th. Stephens boosted their target price on Regional Management from $38.50 to $40.00 and gave the company an “overweight” rating in a research report on Thursday. Citigroup restated a “market outperform” rating on shares of Regional Management in a report on Thursday, July 30th. Weiss Ratings downgraded Regional Management from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Finally, Wall Street Zen raised shares of Regional Management from a “hold” rating to a “buy” rating in a research report on Monday, October 12th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $41.50.

Regional Management Stock Performance

The stock has a market cap of $336.87 million, a PE ratio of 7.39 and a beta of 1.02. The company has a debt-to-equity ratio of 4.41, a current ratio of 64.04 and a quick ratio of 64.04. The business has a 50 day moving average price of $32.79 and a two-hundred day moving average price of $35.35.

Regional Management (NYSE:RM) last released its quarterly earnings data on Wednesday, October 28th. The credit services provider reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.14. Regional Management had a return on equity of 12.66% and a net margin of 6.96%. The business had revenue of $178.78 million during the quarter, compared to analysts’ expectations of $174.69 million.

Regional Management Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Wednesday, November 18th will be paid a dividend of $0.30 per share. The ex-dividend date is Wednesday, November 18th. This represents a $1.20 dividend on an annualized basis and a yield of 3.3%. Regional Management’s payout ratio is presently 25.26%.

Insider Transactions at Regional Management

In other news, CEO Lakhbir Lamba bought 3,500 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was acquired at an average cost of $31.76 per share, with a total value of $111,160.00. Following the completion of the acquisition, the chief executive officer owned 55,734 shares of the company’s stock, valued at approximately $1,770,111.84. This represents a 6.70% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Fund L.P. Forager sold 10,401 shares of the company’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $32.22, for a total transaction of $335,120.22. Following the completion of the transaction, the insider owned 919,136 shares in the company, valued at approximately $29,614,561.92. This represents a 1.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 29,722 shares of company stock valued at $958,879. 10.90% of the stock is owned by company insiders.

Institutional Trading of Regional Management

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in shares of Regional Management during the 2nd quarter valued at $47,514,000. Basswood Capital Management L.L.C. purchased a new position in Regional Management in the second quarter worth about $35,244,000. Tieton Capital Management LLC bought a new position in Regional Management during the second quarter valued at $13,112,000. Sei Investments Co. raised its holdings in shares of Regional Management by 117.9% in the first quarter. Sei Investments Co. now owns 157,151 shares of the credit services provider’s stock worth $5,068,000 after buying an additional 85,040 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in Regional Management in the 2nd quarter valued at about $3,163,000. 98.89% of the stock is owned by hedge funds and other institutional investors.

Regional Management Company Profile

Regional Management Corp. (NYSE: RM) is a consumer finance company that provides credit products to individuals who may have limited access to traditional bank financing. The company primarily offers small and medium-sized installment loans, including secured and unsecured personal loans, through a network of local branches and digital channels.

Its services may also include optional credit-related products, such as insurance and other ancillary offerings associated with consumer lending.