Somewhat Positive Press Coverage Somewhat Unlikely to Impact Santander Consumer USA (SC) Stock Price
News headlines about Santander Consumer USA (NYSE:SC) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Santander Consumer USA earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 42.8693597252321 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news stories that may have effected Accern’s rankings:
- Santander Consumer USA Holdings Inc. (NYSE: SC) – Hot Stock in Focus – Alpha Beta Stock (alphabetastock.com)
- Optimistic Trending Companies: Santander Consumer USA Holdings Inc. (SC), Park Hotels & Resorts Inc. (PK) – Market Movers (financialqz.com)
- Santander Consumer USA Holdings Inc (SC) Receives Average Recommendation of “Buy” from Brokerages (americanbankingnews.com)
- Emboldened? Payday Lender CURO Group IPOs With Mulvaney Now In Charge Of CFPB – Benzinga (benzinga.com)
A number of equities research analysts have commented on SC shares. Zacks Investment Research upgraded Santander Consumer USA from a “sell” rating to a “hold” rating in a report on Wednesday, September 6th. Citigroup increased their target price on Santander Consumer USA from $16.00 to $17.00 and gave the company a “neutral” rating in a report on Monday, October 30th. Stephens reiterated an “equal weight” rating and set a $14.00 target price on shares of Santander Consumer USA in a report on Friday, August 25th. Piper Jaffray Companies upgraded Santander Consumer USA from a “neutral” rating to an “overweight” rating and increased their target price for the company from $14.00 to $17.00 in a report on Wednesday, August 30th. Finally, Jefferies Group restated a “buy” rating and set a $18.00 price objective on shares of Santander Consumer USA in a report on Friday, August 25th. One analyst has rated the stock with a sell rating, six have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $17.69.
Santander Consumer USA (SC) traded down $0.04 during mid-day trading on Thursday, hitting $18.28. The stock had a trading volume of 963,155 shares, compared to its average volume of 1,987,022. Santander Consumer USA has a 1-year low of $11.12 and a 1-year high of $18.73. The firm has a market capitalization of $6,630.22, a PE ratio of 10.53 and a beta of 1.33.
Santander Consumer USA (NYSE:SC) last posted its quarterly earnings data on Friday, October 27th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.13. Santander Consumer USA had a return on equity of 11.33% and a net margin of 10.17%. The business had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.11 billion. During the same quarter last year, the firm earned $0.56 earnings per share. The business’s revenue was down 4.9% on a year-over-year basis. equities research analysts anticipate that Santander Consumer USA will post 1.96 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, November 17th. Investors of record on Tuesday, November 7th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date was Monday, November 6th. Santander Consumer USA’s payout ratio is currently 6.45%.
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About Santander Consumer USA
Santander Consumer USA Holdings Inc is the holding company for Santander Consumer USA Inc, and subsidiaries, a consumer finance company focused on vehicle finance and third party servicing. The Company operates through Consumer Finance segment. Its Consumer Finance business is focused on vehicle financial products and services, including retail installment contracts, vehicle leases, and dealer loans, as well as financial products and services related to motorcycles, recreational vehicles (RVs), and marine vehicles.
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