FirstCash Holdings, Inc. (NASDAQ:FCFS) CFO R Douglas Orr Sells 2,000 Shares of Stock

FirstCash Holdings, Inc. (NASDAQ:FCFS) CFO R Douglas Orr sold 2,000 shares of FirstCash stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $116.53, for a total transaction of $233,060.00. Following the transaction, the chief financial officer now directly owns 92,715 shares of the company’s stock, valued at $10,804,078.95. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

FirstCash Price Performance

Shares of NASDAQ:FCFS opened at $116.61 on Tuesday. FirstCash Holdings, Inc. has a 1-year low of $88.05 and a 1-year high of $133.64. The company has a debt-to-equity ratio of 0.75, a current ratio of 3.99 and a quick ratio of 3.03. The business has a fifty day moving average price of $121.83 and a 200-day moving average price of $115.28. The company has a market capitalization of $5.30 billion, a PE ratio of 22.73 and a beta of 0.63.

FirstCash (NASDAQ:FCFS) last issued its quarterly earnings results on Thursday, April 25th. The company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.05. FirstCash had a return on equity of 14.73% and a net margin of 7.23%. The firm had revenue of $836.40 million during the quarter, compared to the consensus estimate of $846.08 million. During the same period last year, the company earned $1.25 earnings per share. The company’s revenue was up 9.7% on a year-over-year basis. As a group, equities analysts expect that FirstCash Holdings, Inc. will post 6.75 EPS for the current fiscal year.

FirstCash Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be issued a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $1.40 annualized dividend and a yield of 1.20%. FirstCash’s payout ratio is 27.29%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on FCFS shares. Stephens raised their target price on shares of FirstCash from $131.00 to $141.00 and gave the company an “overweight” rating in a research note on Friday, February 2nd. TD Cowen raised FirstCash from a “hold” rating to a “buy” rating and raised their price objective for the company from $130.00 to $145.00 in a research report on Wednesday, April 10th. Finally, Loop Capital raised FirstCash from a “hold” rating to a “buy” rating and boosted their target price for the stock from $125.00 to $140.00 in a report on Monday, April 29th.

Institutional Investors Weigh In On FirstCash

Several large investors have recently bought and sold shares of FCFS. Allspring Global Investments Holdings LLC bought a new stake in shares of FirstCash during the 1st quarter valued at about $26,000. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of FirstCash by 86.5% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 442 shares of the company’s stock valued at $44,000 after purchasing an additional 205 shares during the period. Headinvest LLC bought a new stake in shares of FirstCash during the 3rd quarter valued at about $50,000. Principal Securities Inc. bought a new stake in shares of FirstCash during the 4th quarter valued at about $51,000. Finally, Whittier Trust Co. grew its stake in shares of FirstCash by 62.2% during the 1st quarter. Whittier Trust Co. now owns 459 shares of the company’s stock valued at $59,000 after purchasing an additional 176 shares during the period. 80.30% of the stock is currently owned by institutional investors.

FirstCash Company Profile

FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. The company operates in three segments: U.S. Pawn, Latin America Pawn, and Retail POS Payment Solutions segments. Its pawn stores lend money on the collateral of pledged personal property, including jewelry, electronics, tools, appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise directly from customers.