Equities research analysts expect Regional Management Corp (NYSE:RM) to announce $80.54 million in sales for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Regional Management’s earnings. The highest sales estimate is $82.11 million and the lowest is $78.96 million. Regional Management reported sales of $72.42 million in the same quarter last year, which indicates a positive year over year growth rate of 11.2%. The business is expected to report its next quarterly earnings report on Tuesday, July 30th.

On average, analysts expect that Regional Management will report full-year sales of $339.85 million for the current financial year, with estimates ranging from $335.76 million to $343.94 million. For the next year, analysts anticipate that the company will report sales of $371.34 million, with estimates ranging from $366.26 million to $376.42 million. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for Regional Management.

Regional Management (NYSE:RM) last issued its quarterly 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 business 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 research firms recently issued reports on RM. BTIG Research began coverage on Regional Management in a report on Friday, February 22nd. They set a “buy” rating and a $36.00 target price on the stock. JMP Securities reaffirmed a “buy” rating and set a $34.00 target price on shares of Regional Management in a report on Sunday, February 17th. Zacks Investment Research raised Regional Management from a “hold” rating to a “buy” rating and set a $29.00 target price on the stock in a report on Wednesday, April 17th. Janney Montgomery Scott raised Regional Management from a “neutral” rating to a “buy” rating in a report on Thursday, May 9th. Finally, ValuEngine raised Regional Management from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Two analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. Regional Management presently has an average rating of “Hold” and a consensus price target of $32.50.

Shares of RM opened at $24.34 on Friday. The firm has a market cap of $287.84 million, a PE ratio of 7.68 and a beta of 0.97. The company has a current ratio of 51.35, a quick ratio of 51.35 and a debt-to-equity ratio of 2.25. Regional Management has a one year low of $22.90 and a one year high of $37.21.

A number of large investors have recently added to or reduced their stakes in RM. SEI Investments Co purchased a new position in Regional Management in the 1st quarter worth about $25,000. Citigroup Inc. increased its stake in Regional Management by 7,813.3% in the 4th quarter. Citigroup Inc. now owns 1,187 shares of the credit services provider’s stock worth $28,000 after purchasing an additional 1,172 shares in the last quarter. BNP Paribas Arbitrage SA increased its stake in Regional Management by 210.7% in the 1st quarter. BNP Paribas Arbitrage SA now owns 1,948 shares of the credit services provider’s stock worth $48,000 after purchasing an additional 1,321 shares in the last quarter. Metropolitan Life Insurance Co. NY increased its stake in Regional Management by 358.8% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 3,845 shares of the credit services provider’s stock worth $92,000 after purchasing an additional 3,007 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Regional Management by 236.3% in the 1st quarter. JPMorgan Chase & Co. now owns 8,001 shares of the credit services provider’s stock worth $196,000 after purchasing an additional 5,622 shares in the last quarter. 87.21% of the stock is currently owned by hedge funds and other institutional investors.

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 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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