Wall Street brokerages expect Regional Management Corp (NYSE:RM) to announce earnings of $0.65 per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Regional Management’s earnings, with the lowest EPS estimate coming in at $0.63 and the highest estimate coming in at $0.67. Regional Management reported earnings per share of $0.70 during the same quarter last year, which indicates a negative year over year growth rate of 7.1%. The company is expected to announce its next earnings results on Tuesday, July 30th.

According to Zacks, analysts expect that Regional Management will report full year earnings of $3.35 per share for the current fiscal year, with EPS estimates ranging from $3.32 to $3.37. For the next year, analysts anticipate that the business will report earnings of $4.05 per share, with EPS estimates ranging from $3.95 to $4.23. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that cover Regional Management.

Regional Management (NYSE:RM) last announced its earnings results on Wednesday, May 8th. The credit services provider reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.12). The company had revenue of $81.75 million for the quarter, compared to analyst estimates of $85.00 million. Regional Management had a net margin of 11.02% and a return on equity of 13.80%.

A number of brokerages have weighed in on RM. Zacks Investment Research raised Regional Management from a “hold” rating to a “buy” rating and set a $29.00 price target on the stock in a research note on Wednesday, April 17th. ValuEngine lowered Regional Management from a “sell” rating to a “strong sell” rating in a research note on Wednesday, March 27th. Janney Montgomery Scott raised Regional Management from a “neutral” rating to a “buy” rating in a research note on Thursday, May 9th. BTIG Research began coverage on Regional Management in a research note on Friday, February 22nd. They set a “buy” rating and a $36.00 price target on the stock. Finally, JMP Securities reissued a “buy” rating and set a $34.00 price target on shares of Regional Management in a research note on Sunday, February 17th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $32.50.

NYSE:RM traded down $0.51 during trading hours on Thursday, reaching $23.58. 28,600 shares of the company traded hands, compared to its average volume of 38,001. The stock has a market cap of $286.69 million, a PE ratio of 7.44 and a beta of 0.97. The company has a debt-to-equity ratio of 2.25, a quick ratio of 51.35 and a current ratio of 51.35. Regional Management has a 1-year low of $22.90 and a 1-year high of $37.21.

Institutional investors have recently modified their holdings of the business. SEI Investments Co bought a new position in Regional Management in the first quarter worth about $25,000. Charles Schwab Investment Management Inc. lifted its holdings in Regional Management by 4.3% in the first quarter. Charles Schwab Investment Management Inc. now owns 143,453 shares of the credit services provider’s stock worth $3,504,000 after acquiring an additional 5,916 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in Regional Management by 2.2% in the first quarter. Renaissance Technologies LLC now owns 454,937 shares of the credit services provider’s stock worth $11,110,000 after acquiring an additional 9,937 shares during the last quarter. Citigroup Inc. raised its holdings in shares of Regional Management by 398.7% during the first quarter. Citigroup Inc. now owns 5,919 shares of the credit services provider’s stock valued at $145,000 after buying an additional 4,732 shares during the last quarter. Finally, Signia Capital Management LLC raised its holdings in shares of Regional Management by 84.5% during the first quarter. Signia Capital Management LLC now owns 75,646 shares of the credit services provider’s stock valued at $1,847,000 after buying an additional 34,644 shares during the last quarter. 87.21% of the stock is currently owned by institutional investors.

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 traditional lenders. The company offers small and large installment loans; loans to finance the purchase of furniture, appliances, and other retail products; insurance products, including credit life, credit accident and health, credit property, vehicle single interest, and credit involuntary unemployment insurance; collateral protection insurance; and property insurance, as well as reinsurance products.

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Earnings History and Estimates for Regional Management (NYSE:RM)

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