Regional Management (RM) Set to Announce Quarterly Earnings on Wednesday

Regional Management (NYSE:RM) will be releasing its earnings data after the market closes on Wednesday, November 6th. Analysts expect Regional Management to post earnings of $1.05 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Regional Management (NYSE:RM) last issued its quarterly earnings results on Wednesday, July 31st. The credit services provider reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.27. Regional Management had a return on equity of 11.24% and a net margin of 4.37%. The firm had revenue of $143.03 million during the quarter, compared to the consensus estimate of $143.13 million. During the same quarter in the prior year, the business posted $0.63 earnings per share. On average, analysts expect Regional Management to post $4 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Regional Management Stock Performance

Shares of RM opened at $28.95 on Wednesday. The firm has a market cap of $294.13 million, a price-to-earnings ratio of 11.44 and a beta of 1.52. The company has a quick ratio of 49.53, a current ratio of 49.53 and a debt-to-equity ratio of 3.98. The business’s 50 day moving average is $31.59 and its two-hundred day moving average is $29.58. Regional Management has a 52-week low of $20.50 and a 52-week high of $34.15.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods raised their price objective on Regional Management from $28.00 to $33.00 and gave the stock a “market perform” rating in a research note on Thursday, August 1st.

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.