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Equities researchers at RBC Capital decreased their price target on shares of Santander Consumer USA Holdings (NYSE:SC) from $26.00 to $22.00 in a research report issued on Friday. The firm currently has a “sector perform” rating on the stock. RBC Capital’s target price would suggest a potential upside of 11.34% from the stock’s previous close.

Santander Consumer USA Holdings (NYSE:SC) opened at 19.76 on Friday. Santander Consumer USA Holdings has a 52-week low of $19.51 and a 52-week high of $26.50. The stock has a 50-day moving average of $22.07 and a 200-day moving average of $23.57. The company has a market cap of $6.892 billion and a P/E ratio of 14.82.

Santander Consumer USA Holdings (NYSE:SC) last released its earnings data on Thursday, May 1st. The company reported $0.44 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.44. On average, analysts predict that Santander Consumer USA Holdings will post $2.22 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, May 30th. Stockholders 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 3.04%. The ex-dividend date of this dividend is Thursday, May 8th.

Several other analysts have also recently commented on the stock. 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 stock. Santander Consumer USA Holdings has a consensus rating of “Buy” and an average price target of $28.09.

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

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