Equities research analysts expect Santander Consumer USA Holdings Inc (NYSE:SC) to post earnings of $0.32 per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Santander Consumer USA’s earnings, with estimates ranging from $0.28 to $0.38. Santander Consumer USA reported earnings per share of $0.17 in the same quarter last year, which would suggest a positive year-over-year growth rate of 88.2%. The firm is scheduled to issue its next earnings results before the market opens on Wednesday, January 31st.

According to Zacks, analysts expect that Santander Consumer USA will report full year earnings of $1.89 per share for the current financial year, with EPS estimates ranging from $1.82 to $1.96. For the next year, analysts expect that the business will report earnings of $1.96 per share, with EPS estimates ranging from $1.76 to $2.31. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that follow Santander Consumer USA.

Santander Consumer USA (NYSE:SC) last issued its quarterly earnings data on Friday, October 27th. The financial services provider reported $0.48 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.13. Santander Consumer USA had a return on equity of 11.33% and a net margin of 10.17%. The company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same quarter in the previous year, the company posted $0.56 earnings per share. Santander Consumer USA’s revenue was down 4.9% compared to the same quarter last year.

Several research firms recently weighed in on SC. Zacks Investment Research upgraded Santander Consumer USA from a “sell” rating to a “hold” rating in a research report on Wednesday, September 6th. Goldman Sachs Group began coverage on Santander Consumer USA in a research report on Monday, December 4th. They set a “buy” rating and a $21.00 target price on the stock. Barclays set a $18.00 target price on Santander Consumer USA and gave the company a “hold” rating in a research report on Tuesday, December 12th. JPMorgan Chase & Co. lifted their target price on Santander Consumer USA from $15.00 to $16.00 and gave the company a “neutral” rating in a research report on Monday, October 30th. Finally, BMO Capital Markets lifted their target price on Santander Consumer USA from $14.00 to $18.00 and gave the company an “outperform” rating in a research report on Wednesday, September 13th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $17.87.

Shares of Santander Consumer USA (SC) traded up $0.12 on Thursday, hitting $18.51. The company had a trading volume of 2,163,800 shares, compared to its average volume of 2,416,700. Santander Consumer USA has a one year low of $11.12 and a one year high of $18.73. The company has a market capitalization of $6,660.00, a price-to-earnings ratio of 9.95 and a beta of 1.32.

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Santander Consumer USA by 4.7% in the second quarter. Vanguard Group Inc. now owns 9,032,559 shares of the financial services provider’s stock valued at $115,256,000 after acquiring an additional 403,894 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Santander Consumer USA by 1.6% in the third quarter. Dimensional Fund Advisors LP now owns 4,491,731 shares of the financial services provider’s stock valued at $69,037,000 after acquiring an additional 71,016 shares in the last quarter. Harbor Spring Capital LLC lifted its position in shares of Santander Consumer USA by 12.9% in the second quarter. Harbor Spring Capital LLC now owns 3,363,110 shares of the financial services provider’s stock worth $42,913,000 after buying an additional 384,110 shares in the last quarter. Canyon Capital Advisors LLC lifted its position in shares of Santander Consumer USA by 13.6% in the second quarter. Canyon Capital Advisors LLC now owns 3,057,332 shares of the financial services provider’s stock worth $39,012,000 after buying an additional 367,102 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in shares of Santander Consumer USA by 20.4% in the second quarter. Wells Fargo & Company MN now owns 1,833,205 shares of the financial services provider’s stock worth $23,392,000 after buying an additional 310,796 shares in the last quarter. Institutional investors and hedge funds own 91.44% of the company’s stock.

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About Santander Consumer USA

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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