Regional Management (RM) Scheduled to Post Quarterly Earnings on Wednesday

Regional Management (NYSE:RM) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.90 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Regional Management (NYSE:RM) last issued its quarterly earnings results on Wednesday, February 7th. The credit services provider reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.17. The business 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 Stock Up 0.6 %

Shares of NYSE RM opened at $26.42 on Monday. The firm’s 50-day simple moving average is $24.13 and its 200 day simple moving average is $24.16. The company has a market cap of $260.77 million, a price-to-earnings ratio of 16.11 and a beta of 1.47. The company has a quick ratio of 41.16, a current ratio of 41.17 and a debt-to-equity ratio of 4.33. Regional Management has a 12-month low of $20.50 and a 12-month high of $34.60.

Regional Management Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Thursday, February 22nd were given a dividend of $0.30 per share. The ex-dividend date was Wednesday, February 21st. This represents a $1.20 annualized dividend and a yield of 4.54%. Regional Management’s dividend payout ratio (DPR) is 73.17%.

Analyst Ratings Changes

Several research analysts recently issued reports on RM shares. Stephens reiterated an “equal weight” rating and set a $30.00 price target on shares of Regional Management in a research report on Thursday, February 8th. StockNews.com upgraded shares of Regional Management from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, April 2nd.

Insider Buying and Selling at Regional Management

In other Regional Management news, Director Basswood Capital Management, L bought 15,000 shares of the business’s stock in a transaction on Monday, March 11th. The shares were bought at an average cost of $24.59 per share, for a total transaction of $368,850.00. Following the transaction, the director now owns 475,484 shares in the company, valued at approximately $11,692,151.56. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 9.80% of the company’s stock.

Regional Management Company Profile

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.