Share on StockTwits

Santander Consumer USA Holdings (NYSE:SC) reached a new 52-week low during trading on Wednesday , ARN reports. The stock traded as low as $20.73 and last traded at $21.09, with a volume of 462,541 shares traded. The stock had previously closed at $21.21.

SC has been the subject of a number of recent research reports. Analysts at Bank of America upgraded shares of Santander Consumer USA Holdings from a “neutral” rating to a “buy” rating in a research note on Monday, May 5th. They now have a $28.00 price target on the stock. Separately, analysts at Morgan Stanley reiterated an “overweight” rating on shares of Santander Consumer USA Holdings in a research note on Monday, May 5th. They now have a $30.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. upgraded shares of Santander Consumer USA Holdings from a “neutral” rating to an “overweight” rating in a research note on Wednesday, April 16th. They now have a $27.00 price target on the stock. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $28.55.

The stock has a 50-day moving average of $22.21 and a 200-day moving average of $23.65. The company has a market cap of $7.275 billion and a price-to-earnings ratio of 15.17.

Santander Consumer USA Holdings (NYSE:SC) last announced its earnings results on Thursday, May 1st. The company reported $0.44 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.44. Analysts expect that Santander Consumer USA Holdings will post $2.22 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, May 30th. Investors of record on Monday, May 12th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date of this dividend is Thursday, May 8th.

Santander Consumer USA Holdings Inc is a full-service, consumer finance company focused on vehicle finance and unsecured consumer lending products.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.