Wall Street analysts predict that Regional Management Corp (NYSE:RM) will report earnings of $0.60 per share for the current quarter, according to Zacks. Two analysts have made estimates for Regional Management’s earnings. The highest EPS estimate is $0.64 and the lowest is $0.56. Regional Management posted earnings per share of $0.56 in the same quarter last year, which indicates a positive year-over-year growth rate of 7.1%. The company is scheduled to issue its next quarterly earnings report on Tuesday, February 6th.

On average, analysts expect that Regional Management will report full-year earnings of $2.18 per share for the current fiscal year. For the next fiscal year, analysts expect that the company will report earnings of $2.88 per share, with EPS estimates ranging from $2.63 to $3.28. Zacks’ earnings per share averages are a mean average based on a survey of analysts that that provide coverage for Regional Management.

Regional Management (NYSE:RM) last posted its quarterly earnings results on Wednesday, November 8th. The credit services provider reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.02). Regional Management had a net margin of 9.66% and a return on equity of 12.62%.

RM has been the topic of a number of research analyst reports. ValuEngine upgraded shares of Regional Management from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 1st. Zacks Investment Research downgraded shares of Regional Management from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th. BMO Capital Markets restated a “hold” rating and issued a $25.00 price target on shares of Regional Management in a research note on Sunday, November 12th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $27.00 target price on shares of Regional Management in a research report on Friday, December 22nd. Finally, Jefferies Group reiterated a “buy” rating and set a $33.00 target price on shares of Regional Management in a research report on Thursday, January 11th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. Regional Management presently has a consensus rating of “Hold” and an average price target of $29.00.

Regional Management (RM) traded up $0.43 on Thursday, hitting $28.15. 108,759 shares of the stock were exchanged, compared to its average volume of 78,958. Regional Management has a one year low of $18.31 and a one year high of $28.98. The company has a current ratio of 39.39, a quick ratio of 39.39 and a debt-to-equity ratio of 2.34. The firm has a market cap of $325.39, a P/E ratio of 12.97 and a beta of 1.37.

In other Regional Management news, major shareholder Basswood Capital Management, L bought 7,881 shares of the business’s stock in a transaction that occurred on Saturday, December 29th. The shares were acquired at an average cost of $26.40 per share, for a total transaction of $208,058.40. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. 9.50% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of RM. Russell Investments Group Ltd. lifted its position in shares of Regional Management by 22.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 11,930 shares of the credit services provider’s stock worth $281,000 after purchasing an additional 2,219 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Regional Management by 15.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 84,264 shares of the credit services provider’s stock worth $1,991,000 after purchasing an additional 11,486 shares during the period. Prudential Financial Inc. lifted its position in shares of Regional Management by 73.4% in the 2nd quarter. Prudential Financial Inc. now owns 79,393 shares of the credit services provider’s stock worth $1,876,000 after purchasing an additional 33,600 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Regional Management by 3.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 121,725 shares of the credit services provider’s stock worth $2,876,000 after purchasing an additional 3,700 shares during the period. Finally, Teachers Advisors LLC lifted its position in shares of Regional Management by 0.9% in the 2nd quarter. Teachers Advisors LLC now owns 17,045 shares of the credit services provider’s stock worth $403,000 after purchasing an additional 152 shares during the period. Hedge funds and other institutional investors own 86.40% of the company’s stock.

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Regional Management 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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