World Acceptance (NASDAQ:WRLD) Trading Up 15% on Better-Than-Expected Earnings

Shares of World Acceptance Corporation (NASDAQ:WRLD) shot up 15% on Friday after the company announced better than expected quarterly earnings. The stock traded as high as $198.99 and last traded at $208.1960. 15,948 shares changed hands during trading, a decline of 88% from the average daily volume of 134,016 shares. The stock had previously closed at $181.08.

The credit services provider reported $2.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $1.54. The company had revenue of $139.21 million during the quarter, compared to analysts’ expectations of $143.90 million. World Acceptance had a net margin of 5.98% and a return on equity of 9.36%.

More World Acceptance News

Here are the key news stories impacting World Acceptance this week:

• Positive Sentiment: World Acceptance reported adjusted earnings of $2.12 per share, far above the $0.58 consensus estimate, signaling better-than-expected operating performance. World Acceptance Corporation Reports Fiscal 2027 First Quarter Results
• Positive Sentiment: Total revenue rose to $139.2 million, up 4.8% from a year ago, showing continued top-line growth. World Acceptance Corporation Reports Fiscal 2027 First Quarter Results
• Positive Sentiment: The company also highlighted a profit rebound, with net income of $6.1 million and adjusted net income of $9.7 million, reinforcing the idea that earnings quality improved this quarter. World Acceptance Corporation (WRLD) Q1 2027 Earnings Call Transcript
• Neutral Sentiment: Several follow-up pieces, including an earnings transcript and quick market summaries, are likely reflecting investor attention on the same quarterly beat rather than adding new fundamental information. World Acceptance Posts Strong Fiscal Q1 Profit Rebound
• Neutral Sentiment: Short-interest data showed 0 shares reported, which does not currently point to a meaningful bearish catalyst. Read More.

Analysts Set New Price Targets

WRLD has been the subject of a number of research reports. Weiss Ratings reissued a “hold (c)” rating on shares of World Acceptance in a research report on Wednesday, June 24th. Wall Street Zen raised World Acceptance from a “hold” rating to a “buy” rating in a research note on Saturday. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

Insider Buying and Selling at World Acceptance

In related news, SVP Alice Lindsay Caulder sold 609 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $181.00, for a total transaction of $110,229.00. Following the completion of the sale, the senior vice president directly owned 14,682 shares of the company’s stock, valued at approximately $2,657,442. This represents a 3.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Charles D. Way sold 833 shares of the company’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $225.00, for a total transaction of $187,425.00. Following the sale, the director directly owned 12,729 shares of the company’s stock, valued at approximately $2,864,025. This trade represents a 6.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 5,576 shares of company stock worth $1,149,890 over the last three months. 41.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. iSAM Funds UK Ltd purchased a new stake in shares of World Acceptance in the third quarter worth about $30,000. EverSource Wealth Advisors LLC raised its holdings in shares of World Acceptance by 102.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 255 shares of the credit services provider’s stock valued at $34,000 after buying an additional 129 shares during the period. Russell Investments Group Ltd. lifted its position in World Acceptance by 241.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 331 shares of the credit services provider’s stock worth $56,000 after acquiring an additional 234 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in World Acceptance by 103.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 569 shares of the credit services provider’s stock worth $94,000 after acquiring an additional 289 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in World Acceptance by 15.4% during the 2nd quarter. GAMMA Investing LLC now owns 548 shares of the credit services provider’s stock worth $123,000 after acquiring an additional 73 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

World Acceptance Stock Performance

The stock has a market cap of $953.76 million, a PE ratio of 24.19 and a beta of 1.13. The stock has a fifty day simple moving average of $183.29 and a two-hundred day simple moving average of $153.98. The company has a debt-to-equity ratio of 1.26, a quick ratio of 22.99 and a current ratio of 22.99.

About World Acceptance

World Acceptance Corporation (NASDAQ: WRLD) is a consumer finance company headquartered in Greenville, South Carolina. Founded in 1972, the company provides credit solutions to underserved customers who may have limited access to traditional banking services. Over the decades, World Acceptance has built a reputation for tailored lending that emphasizes responsible underwriting and personalized customer service.

The company’s core product offerings include short-term installment loans designed to meet the immediate financial needs of its clients.