R Douglas Orr Sells 3,000 Shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) Stock

FirstCash Holdings, Inc. (NASDAQ:FCFSGet Free Report) CFO R Douglas Orr sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $116.25, for a total value of $348,750.00. Following the completion of the sale, the chief financial officer now directly owns 94,715 shares of the company’s stock, valued at $11,010,618.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

FirstCash Stock Down 1.3 %

Shares of NASDAQ:FCFS opened at $115.83 on Wednesday. The company has a market capitalization of $5.23 billion, a price-to-earnings ratio of 24.13 and a beta of 0.62. The company has a debt-to-equity ratio of 0.80, a current ratio of 3.89 and a quick ratio of 2.96. The business’s 50-day moving average is $111.78 and its 200-day moving average is $104.05. FirstCash Holdings, Inc. has a 1 year low of $86.10 and a 1 year high of $122.87.

FirstCash (NASDAQ:FCFSGet Free Report) last posted its quarterly earnings results on Thursday, February 1st. The company reported $2.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.79 by $0.25. FirstCash had a return on equity of 14.42% and a net margin of 6.96%. The business had revenue of $852.13 million for the quarter, compared to the consensus estimate of $859.23 million. During the same period in the prior year, the business earned $1.65 EPS. The firm’s revenue for the quarter was up 12.5% on a year-over-year basis. Equities research analysts predict that FirstCash Holdings, Inc. will post 7.15 earnings per share for the current year.

FirstCash Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date is Tuesday, February 13th. FirstCash’s dividend payout ratio is currently 29.17%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. TD Cowen assumed coverage on FirstCash in a research note on Wednesday, November 1st. They set a “market perform” rating and a $120.00 price objective on the stock. Stephens raised their price objective on FirstCash from $131.00 to $141.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd.

Get Our Latest Research Report on FCFS

Institutional Trading of FirstCash

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Lazard Asset Management LLC purchased a new position in FirstCash in the second quarter valued at approximately $28,000. Mitsubishi UFJ Trust & Banking Corp lifted its stake in FirstCash by 86.5% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 442 shares of the company’s stock valued at $44,000 after purchasing an additional 205 shares during the last quarter. Headinvest LLC purchased a new position in FirstCash in the third quarter valued at approximately $50,000. Point72 Asset Management L.P. purchased a new position in FirstCash in the second quarter valued at approximately $54,000. Finally, GAMMA Investing LLC purchased a new position in FirstCash in the fourth quarter valued at approximately $69,000. 77.28% of the stock is owned by institutional investors.

About FirstCash

(Get Free Report)

FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of 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.

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Insider Buying and Selling by Quarter for FirstCash (NASDAQ:FCFS)

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