Analysts forecast that Regional Management Corp (NYSE:RM) will announce earnings per share (EPS) of $0.59 for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Regional Management Corp’s earnings, with estimates ranging from $0.56 to $0.62. Regional Management Corp posted earnings of $0.58 per share during the same quarter last year, which suggests a positive year over year growth rate of 1.7%. The firm is scheduled to issue its next quarterly earnings results on Thursday, October 26th.

According to Zacks, analysts expect that Regional Management Corp will report full year earnings of $2.44 per share for the current financial year, with EPS estimates ranging from $2.42 to $2.46. For the next financial year, analysts forecast that the firm will post earnings of $2.75 per share, with EPS estimates ranging from $2.67 to $2.79. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that cover Regional Management Corp.

Regional Management Corp (NYSE:RM) last announced its earnings results on Tuesday, August 1st. The credit services provider reported $0.55 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.06. The company had revenue of $65.34 million for the quarter, compared to analysts’ expectations of $65 million. Regional Management Corp had a return on equity of 11.30% and a net margin of 9.39%. Regional Management Corp’s quarterly revenue was up 14.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.49 earnings per share.

RM has been the subject of a number of analyst reports. BMO Capital Markets reaffirmed a “hold” rating and set a $26.00 price objective on shares of Regional Management Corp in a research report on Tuesday, April 11th. BidaskClub downgraded Regional Management Corp from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Zacks Investment Research downgraded Regional Management Corp from a “hold” rating to a “sell” rating in a research note on Friday, July 14th. TheStreet upgraded Regional Management Corp from a “c+” rating to a “b-” rating in a research note on Thursday, July 6th. Finally, DA Davidson reiterated a “neutral” rating and set a $27.00 target price on shares of Regional Management Corp in a research note on Tuesday, July 18th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and an average price target of $25.83.

A number of hedge funds have recently modified their holdings of RM. State Street Corp increased its stake in shares of Regional Management Corp by 11.9% in the fourth quarter. State Street Corp now owns 157,015 shares of the credit services provider’s stock valued at $4,130,000 after buying an additional 16,655 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Regional Management Corp by 19.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 627,029 shares of the credit services provider’s stock valued at $16,478,000 after buying an additional 100,560 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Regional Management Corp by 408.9% in the first quarter. Wells Fargo & Company MN now owns 138,860 shares of the credit services provider’s stock valued at $2,698,000 after buying an additional 111,573 shares in the last quarter. Bowling Portfolio Management LLC increased its stake in shares of Regional Management Corp by 12.9% in the first quarter. Bowling Portfolio Management LLC now owns 28,294 shares of the credit services provider’s stock valued at $550,000 after buying an additional 3,237 shares in the last quarter. Finally, Wedge Capital Management L L P NC increased its stake in shares of Regional Management Corp by 26.7% in the first quarter. Wedge Capital Management L L P NC now owns 62,100 shares of the credit services provider’s stock valued at $1,207,000 after buying an additional 13,100 shares in the last quarter. Institutional investors and hedge funds own 88.11% of the company’s stock.

Regional Management Corp (NYSE:RM) opened at 23.71 on Monday. Regional Management Corp has a 52-week low of $18.31 and a 52-week high of $27.56. The firm has a 50-day moving average price of $23.71 and a 200 day moving average price of $21.79. The stock has a market cap of $276.27 million, a PE ratio of 10.41 and a beta of 1.36.

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About Regional Management Corp

Regional Management Corp. is a diversified consumer finance company. The Company provides an array of loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies and other traditional lenders. Its products include small loans, large loans, automobile loans, retail loans, and optional payment and collateral protection insurance products.

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Earnings History and Estimates for Regional Management Corp (NYSE:RM)

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