Equities research analysts expect that Regional Management Corp. (NYSE:RM) will post sales of $68.81 million for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Regional Management Corp.’s earnings, with the highest sales estimate coming in at $69.45 million and the lowest estimate coming in at $68.17 million. Regional Management Corp. posted sales of $62.48 million during the same quarter last year, which would indicate a positive year over year growth rate of 10.1%. The firm is scheduled to issue its next quarterly earnings report on Thursday, October 26th.

On average, analysts expect that Regional Management Corp. will report full-year sales of $68.81 million for the current financial year, with estimates ranging from $268.17 million to $272.24 million. For the next financial year, analysts forecast that the business will post sales of $290.78 million per share, with estimates ranging from $283.32 million to $298.24 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that follow Regional Management Corp..

Regional Management Corp. (NYSE:RM) last issued its quarterly earnings results on Tuesday, August 1st. The credit services provider reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.06. Regional Management Corp. had a return on equity of 12.98% and a net margin of 10.37%. The business had revenue of $65.34 million for the quarter, compared to the consensus estimate of $65.00 million. During the same quarter in the previous year, the company posted $0.49 earnings per share. Regional Management Corp.’s revenue for the quarter was up 14.0% compared to the same quarter last year.

Several analysts recently commented on RM shares. ValuEngine downgraded Regional Management Corp. from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 17th. 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 raised Regional Management Corp. from a “c+” rating to a “b-” rating in a research note on Thursday, July 6th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $27.00 price objective on shares of Regional Management Corp. in a research note on Tuesday, July 18th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $25.83.

Regional Management Corp. (NYSE RM) opened at 25.22 on Friday. The stock has a market cap of $293.86 million, a P/E ratio of 11.08 and a beta of 1.37. Regional Management Corp. has a one year low of $18.31 and a one year high of $27.56. The stock’s 50 day moving average price is $23.78 and its 200-day moving average price is $22.45.

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Institutional investors and hedge funds have recently added to or reduced their stakes in the business. American International Group Inc. raised its stake in shares of Regional Management Corp. by 7.1% in the 1st quarter. American International Group Inc. now owns 6,512 shares of the credit services provider’s stock valued at $127,000 after purchasing an additional 430 shares during the period. UBS Group AG raised its stake in shares of Regional Management Corp. by 115.0% in the 1st quarter. UBS Group AG now owns 7,137 shares of the credit services provider’s stock valued at $138,000 after purchasing an additional 3,818 shares during the period. PNC Financial Services Group Inc. acquired a new stake in shares of Regional Management Corp. in the 1st quarter valued at about $165,000. Hancock Holding Co. acquired a new stake in shares of Regional Management Corp. in the 2nd quarter valued at about $217,000. Finally, The Manufacturers Life Insurance Company raised its stake in shares of Regional Management Corp. by 6.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 9,194 shares of the credit services provider’s stock valued at $218,000 after purchasing an additional 554 shares during the period. 86.75% of the stock is currently owned by hedge funds and other institutional investors.

Regional Management Corp. Company Profile

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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