FirstCash Holdings, Inc. (FCFS) to Distribute Quarterly Dividend of $0.42 on August 28th

FirstCash Holdings, Inc. (NASDAQ:FCFS) announced a quarterly dividend on Thursday, July 23rd. Stockholders of record on Friday, August 14th will be given a dividend of 0.42 per share on Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, August 14th.

FirstCash has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 8 years. FirstCash has a payout ratio of 18.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect FirstCash to earn $12.34 per share next year, which means the company should continue to be able to cover its $1.68 annual dividend with an expected future payout ratio of 13.6%.

FirstCash Stock Performance

Shares of FCFS stock opened at $195.06 on Friday. The company has a current ratio of 4.89, a quick ratio of 3.42 and a debt-to-equity ratio of 1.01. The company has a market cap of $8.55 billion, a PE ratio of 22.27 and a beta of 0.53. The company’s fifty day simple moving average is $219.55 and its 200-day simple moving average is $201.09. FirstCash has a 52 week low of $119.21 and a 52 week high of $235.97.

FirstCash (NASDAQ:FCFS) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $2.50 earnings per share for the quarter, topping analysts’ consensus estimates of $2.39 by $0.11. FirstCash had a net margin of 9.42% and a return on equity of 19.65%. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same period in the prior year, the company earned $1.34 EPS. The firm’s revenue was up 29.4% on a year-over-year basis. As a group, equities research analysts anticipate that FirstCash will post 11.33 EPS for the current year.

FirstCash News Summary

Here are the key news stories impacting FirstCash this week:

• Positive Sentiment: FirstCash posted record second-quarter results, with EPS of $2.50 beating estimates of $2.39 and revenue of $1.07 billion topping the $1.03 billion consensus. Management also said pawn demand helped drive a 58% increase in GAAP EPS and a 40% increase in adjusted EPS. Article Title
• Positive Sentiment: The company declared a quarterly dividend of $0.42 per share, signaling continued cash generation and shareholder returns. Article Title
• Positive Sentiment: FirstCash also authorized a new $150 million share repurchase plan after completing its prior program, which can support earnings per share and investor confidence. Article Title
• Neutral Sentiment: Short-interest data showed no meaningful short position reported, so it does not add a clear new catalyst for the shares.

FirstCash Company Profile

FirstCash, Inc (NASDAQ: FCFS) is a leading integrated operator of pawn stores and provider of short-term consumer loan services in the United States and Mexico. Through its retail pawn outlets, FirstCash offers collateral-based loans secured by personal property, enabling customers to access liquidity without a credit history or traditional bank account. The company also purchases, trades and sells a broad range of secondhand merchandise, including electronics, jewelry and power tools, through its network of conveniently located stores.

In addition to its pawn-broking activities, FirstCash provides unsecured consumer loans designed to meet urgent cash needs.