Santander Consumer USA (SC) Scheduled to Post Earnings on Tuesday

Santander Consumer USA (NYSE:SC) will post its quarterly earnings results before the market opens on Tuesday, January 23rd.

Santander Consumer USA (NYSE:SC) last announced its quarterly earnings data on Friday, October 27th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.13. The business had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Santander Consumer USA had a net margin of 10.17% and a return on equity of 11.33%. The firm’s quarterly revenue was down 4.9% compared to the same quarter last year. During the same period last year, the firm posted $0.56 earnings per share. On average, analysts expect Santander Consumer USA to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Santander Consumer USA (NYSE SC) opened at $18.79 on Tuesday. The stock has a market cap of $6,760.00, a P/E ratio of 10.10, a P/E/G ratio of 4.64 and a beta of 1.32. Santander Consumer USA has a one year low of $11.12 and a one year high of $19.02.

A hedge fund recently raised its stake in Santander Consumer USA stock. The Manufacturers Life Insurance Company increased its holdings in Santander Consumer USA Holdings Inc (NYSE:SC) by 7.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,577 shares of the financial services provider’s stock after purchasing an additional 717 shares during the quarter. The Manufacturers Life Insurance Company ‘s holdings in Santander Consumer USA were worth $135,000 at the end of the most recent reporting period. Institutional investors own 91.44% of the company’s stock.

A number of research analysts recently issued reports on the stock. Zacks Investment Research raised shares of Santander Consumer USA from a “sell” rating to a “hold” rating in a research note on Saturday. JPMorgan Chase & Co. raised shares of Santander Consumer USA from a “neutral” rating to an “overweight” rating and decreased their price objective for the company from $20.50 to $16.00 in a research note on Friday. Oppenheimer assumed coverage on shares of Santander Consumer USA in a research note on Monday, January 8th. They issued a “hold” rating on the stock. Barclays set a $18.00 price objective on shares of Santander Consumer USA and gave the company a “hold” rating in a research note on Tuesday, December 12th. Finally, Goldman Sachs Group assumed coverage on shares of Santander Consumer USA in a research note on Monday, December 4th. They issued a “buy” rating and a $21.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $17.87.

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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.

Earnings History for Santander Consumer USA (NYSE:SC)

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