Santander Consumer USA Holdings Inc (SC) Expected to Announce Earnings of $0.42 Per Share

Brokerages expect Santander Consumer USA Holdings Inc (NYSE:SC) to announce $0.42 earnings per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Santander Consumer USA’s earnings. The highest EPS estimate is $0.47 and the lowest is $0.38. Santander Consumer USA posted earnings per share of $0.40 in the same quarter last year, which would suggest a positive year-over-year growth rate of 5%. The company is expected to announce its next earnings results on Wednesday, April 25th.

According to Zacks, analysts expect that Santander Consumer USA will report full-year earnings of $2.03 per share for the current year, with EPS estimates ranging from $1.70 to $2.33. For the next year, analysts expect that the company will post earnings of $2.31 per share, with EPS estimates ranging from $1.70 to $2.65. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Santander Consumer USA.

Santander Consumer USA (NYSE:SC) last announced its quarterly earnings data on Wednesday, January 31st. The financial services provider reported $0.27 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.03). The company had revenue of $1.62 billion during the quarter, compared to the consensus estimate of $1.58 billion. Santander Consumer USA had a net margin of 18.09% and a return on equity of 11.78%. During the same quarter in the previous year, the business earned $0.17 EPS.

SC has been the subject of several analyst reports. Zacks Investment Research upgraded Santander Consumer USA from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a report on Saturday, October 14th. Oppenheimer initiated coverage on Santander Consumer USA in a report on Monday, January 8th. They issued a “hold” rating for the company. UBS Group raised their price objective on Santander Consumer USA from $15.00 to $18.00 and gave the company a “buy” rating in a report on Monday, October 30th. Barclays set a $18.00 price objective on Santander Consumer USA and gave the company a “hold” rating in a report on Tuesday, December 12th. Finally, JPMorgan Chase & Co. upgraded 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 report on Friday, January 12th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $18.90.

Santander Consumer USA (NYSE SC) opened at $16.64 on Wednesday. The firm has a market capitalization of $5,946.32, a PE ratio of 5.04, a PEG ratio of 4.08 and a beta of 1.16. Santander Consumer USA has a 1-year low of $11.12 and a 1-year high of $19.02.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 22nd. Investors of record on Monday, February 12th will be issued a dividend of $0.05 per share. The ex-dividend date is Friday, February 9th. This represents a $0.20 dividend on an annualized basis and a yield of 1.20%. This is a boost from Santander Consumer USA’s previous quarterly dividend of $0.03. Santander Consumer USA’s dividend payout ratio (DPR) is presently 3.64%.

A number of institutional investors have recently bought and sold shares of SC. The Manufacturers Life Insurance Company lifted its position in Santander Consumer USA by 7.3% during the second quarter. The Manufacturers Life Insurance Company now owns 10,577 shares of the financial services provider’s stock worth $135,000 after acquiring an additional 717 shares during the last quarter. State of Alaska Department of Revenue acquired a new stake in Santander Consumer USA during the fourth quarter worth approximately $161,000. Crow Point Partners LLC lifted its position in Santander Consumer USA by 59.8% during the fourth quarter. Crow Point Partners LLC now owns 9,348 shares of the financial services provider’s stock worth $174,000 after acquiring an additional 3,500 shares during the last quarter. Numeric Investors LLC acquired a new stake in Santander Consumer USA during the second quarter worth approximately $189,000. Finally, OxFORD Asset Management LLP acquired a new stake in Santander Consumer USA during the third quarter worth approximately $190,000. Institutional investors and hedge funds own 91.87% of the company’s stock.

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Santander Consumer USA Company Profile

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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Earnings History and Estimates for Santander Consumer USA (NYSE:SC)

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