Regional Management (RM) Projected to Post Earnings on Wednesday

Regional Management (NYSE:RM) is expected to post its quarterly earnings results after the market closes on Wednesday, February 5th. Analysts expect Regional Management to post earnings of $0.88 per share and revenue of $154.12 million for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Regional Management Stock Up 0.8 %

Shares of RM opened at $36.08 on Tuesday. The company has a 50-day simple moving average of $33.82 and a 200-day simple moving average of $32.04. 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 market capitalization of $366.57 million, a P/E ratio of 15.16 and a beta of 1.49. Regional Management has a 52 week low of $20.50 and a 52 week high of $37.19.

Regional Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 11th. Shareholders of record on Thursday, November 21st were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $1.20 annualized dividend and a yield of 3.33%. Regional Management’s dividend payout ratio is currently 50.42%.

Wall Street Analyst Weigh In

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

Insider Transactions at Regional Management

In other Regional Management news, SVP Catherine R. Atwood sold 1,128 shares of the company’s stock in a transaction on Friday, December 6th. The stock was sold at an average price of $33.00, for a total value of $37,224.00. Following the completion of the transaction, the senior vice president now owns 42,025 shares in the company, valued at $1,386,825. This represents a 2.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Fund L.P. Forager sold 16,219 shares of Regional Management stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $34.21, for a total value of $554,851.99. Following the completion of the sale, the insider now directly owns 990,894 shares of the company’s stock, valued at approximately $33,898,483.74. This trade represents a 1.61 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 65,973 shares of company stock valued at $2,179,000. 10.50% of the stock is currently owned by insiders.

Regional Management Company Profile

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.