Regional Management (RM) to Release Quarterly Earnings on Wednesday

Regional Management (NYSE:RM) is anticipated to announce its earnings results after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.88 per share and revenue of $154.12 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Regional Management Trading Down 1.8 %

NYSE:RM opened at $35.81 on Monday. The firm has a market cap of $363.84 million, a P/E ratio of 15.05 and a beta of 1.50. Regional Management has a one year low of $20.50 and a one year high of $37.19. The company has a debt-to-equity ratio of 3.94, a quick ratio of 44.42 and a current ratio of 44.42. The firm has a 50-day simple moving average of $33.72 and a 200-day simple moving average of $32.02.

Regional Management Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 11th. Stockholders of record on Thursday, November 21st were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.35%. The ex-dividend date was Thursday, November 21st. Regional Management’s payout ratio is 50.42%.

Wall Street Analysts Forecast Growth

Separately, Stephens began coverage on Regional Management in a research report on Wednesday, November 13th. They set an “overweight” rating and a $38.00 price objective on the stock.

Insider Activity at Regional Management

In other Regional Management news, major shareholder Fund L.P. Forager sold 21,805 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $32.17, for a total value of $701,466.85. Following the completion of the transaction, the insider now directly owns 1,021,216 shares of the company’s stock, valued at approximately $32,852,518.72. The trade was a 2.09 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Robert William Beck sold 7,104 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $32.55, for a total transaction of $231,235.20. Following the completion of the transaction, the chief executive officer now directly owns 103,443 shares in the company, valued at $3,367,069.65. This trade represents a 6.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 65,973 shares of company stock valued at $2,179,000 in the last ninety days. Corporate insiders own 10.50% of the company’s stock.

About Regional Management

Regional Management Corp., a diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States. It offers small and large installment loans; and retail loans to finance the purchase of furniture, appliances, and other retail products.