Regional Management Corp. (RM) Receives Coverage Optimism Rating of 0.09
News stories about Regional Management Corp. (NYSE:RM) have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Regional Management Corp. earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave news stories about the credit services provider an impact score of 45.8503266055533 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
A number of brokerages have weighed in on RM. TheStreet upgraded Regional Management Corp. from a “c+” rating to a “b-” rating in a report on Thursday, July 6th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $25.00 price objective on shares of Regional Management Corp. in a report on Friday, July 14th. ValuEngine lowered Regional Management Corp. from a “strong-buy” rating to a “buy” rating in a report on Thursday, August 17th. BidaskClub lowered Regional Management Corp. from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. Finally, BMO Capital Markets raised their price objective on Regional Management Corp. from $24.00 to $25.00 and gave the company a “market perform” rating in a report on Wednesday, August 2nd. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $25.71.
Regional Management Corp. (NYSE RM) opened at 21.95 on Friday. The stock has a market cap of $255.76 million, a price-to-earnings ratio of 9.64 and a beta of 1.36. The stock’s 50 day moving average price is $23.40 and its 200 day moving average price is $21.58. Regional Management Corp. has a 12-month low of $18.31 and a 12-month high of $27.56.
Regional Management Corp. (NYSE:RM) last posted its earnings results on Tuesday, August 1st. The credit services provider reported $0.55 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.06. The company had revenue of $65.34 million for the quarter, compared to analyst estimates of $65 million. Regional Management Corp. had a return on equity of 12.98% and a net margin of 10.37%. Regional Management Corp.’s revenue was up 14.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.49 earnings per share. Analysts forecast that Regional Management Corp. will post $2.02 EPS for the current fiscal year.
About Regional Management Corp.
Regional Management Corp. is a diversified consumer finance company. The Company provides an array of loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies and other traditional lenders. Its products include small loans, large loans, automobile loans, retail loans, and optional payment and collateral protection insurance products.
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