Wall Street analysts expect Santander Consumer USA Holdings Inc. (NYSE:SC) to announce $0.62 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Santander Consumer USA Holdings’ earnings, with estimates ranging from $0.58 to $0.65. Santander Consumer USA Holdings reported earnings per share of $0.79 in the same quarter last year, which would suggest a negative year-over-year growth rate of 21.5%. The company is scheduled to announce its next quarterly earnings report before the market opens on Friday, July 28th.

On average, analysts expect that Santander Consumer USA Holdings will report full year earnings of $1.74 per share for the current year, with EPS estimates ranging from $1.55 to $2.02. For the next fiscal year, analysts anticipate that the firm will report earnings of $2.02 per share, with EPS estimates ranging from $1.61 to $2.26. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover Santander Consumer USA Holdings.

Santander Consumer USA Holdings (NYSE:SC) last released its quarterly earnings results on Wednesday, April 26th. The financial services provider reported $0.40 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.36 by $0.04. Santander Consumer USA Holdings had a return on equity of 13.59% and a net margin of 10.73%. The firm had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter in the prior year, the business earned $0.59 EPS.

A number of analysts have issued reports on SC shares. Zacks Investment Research raised Santander Consumer USA Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, July 11th. BidaskClub raised Santander Consumer USA Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Piper Jaffray Companies started coverage on Santander Consumer USA Holdings in a report on Friday, June 9th. They issued a “neutral” rating and a $13.50 target price on the stock. ValuEngine raised Santander Consumer USA Holdings from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 28th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a $18.00 target price on shares of Santander Consumer USA Holdings in a report on Friday, May 12th. One analyst has rated the stock with a sell rating, nine have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $14.66.

In other news, CFO Ismail Dawood acquired 5,000 shares of Santander Consumer USA Holdings stock in a transaction on Tuesday, May 16th. The stock was bought at an average price of $12.29 per share, for a total transaction of $61,450.00. Following the transaction, the chief financial officer now owns 117,609 shares of the company’s stock, valued at $1,445,414.61. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO Richard Morrin sold 9,791 shares of the firm’s stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $12.52, for a total value of $122,583.32. Following the completion of the sale, the chief operating officer now owns 80,663 shares of the company’s stock, valued at approximately $1,009,900.76. The disclosure for this sale can be found here. Insiders acquired a total of 15,000 shares of company stock valued at $182,400 in the last quarter. Corporate insiders own 0.36% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. Credit Suisse AG increased its stake in shares of Santander Consumer USA Holdings by 150.7% in the first quarter. Credit Suisse AG now owns 8,670,592 shares of the financial services provider’s stock worth $115,492,000 after buying an additional 5,212,423 shares in the last quarter. Norges Bank bought a new position in Santander Consumer USA Holdings during the fourth quarter valued at approximately $19,069,000. Dimensional Fund Advisors LP increased its position in Santander Consumer USA Holdings by 34.0% in the first quarter. Dimensional Fund Advisors LP now owns 3,454,199 shares of the financial services provider’s stock valued at $46,010,000 after buying an additional 876,530 shares during the period. Point72 Asset Management L.P. increased its position in Santander Consumer USA Holdings by 57.4% in the first quarter. Point72 Asset Management L.P. now owns 2,370,000 shares of the financial services provider’s stock valued at $31,568,000 after buying an additional 864,608 shares during the period. Finally, Denali Advisors LLC increased its position in Santander Consumer USA Holdings by 118.0% in the first quarter. Denali Advisors LLC now owns 1,123,900 shares of the financial services provider’s stock valued at $14,970,000 after buying an additional 608,400 shares during the period. Institutional investors own 93.15% of the company’s stock.

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Shares of Santander Consumer USA Holdings (NYSE:SC) traded down 0.52% during trading on Thursday, hitting $13.52. The company’s stock had a trading volume of 1,182,529 shares. Santander Consumer USA Holdings has a 1-year low of $10.00 and a 1-year high of $15.47. The firm’s 50 day moving average is $12.25 and its 200-day moving average is $13.02. The company has a market capitalization of $4.86 billion, a P/E ratio of 6.93 and a beta of 1.29.

About Santander Consumer USA Holdings

Santander Consumer USA Holdings Inc is the holding company for Santander Consumer USA Inc, and subsidiaries, a consumer finance company focused on vehicle finance and third party servicing. The Company operates through Consumer Finance segment. Its Consumer Finance business is focused on vehicle financial products and services, including retail installment contracts, vehicle leases, and dealer loans, as well as financial products and services related to motorcycles, recreational vehicles (RVs), and marine vehicles.

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Earnings History and Estimates for Santander Consumer USA Holdings (NYSE:SC)

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