Regional Management Corp (NYSE:RM) Receives $33.20 Consensus PT from Brokerages

Shares of Regional Management Corp (NYSE:RM) have earned a consensus recommendation of “Hold” from the nine brokerages that are currently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $33.20.

RM has been the topic of several research reports. Janney Montgomery Scott raised shares of Regional Management from a “neutral” rating to a “buy” rating in a report on Thursday, May 9th. Zacks Investment Research lowered shares of Regional Management from a “hold” rating to a “sell” rating in a report on Tuesday, May 14th. Finally, ValuEngine lowered shares of Regional Management from a “sell” rating to a “strong sell” rating in a report on Saturday.

Shares of Regional Management stock opened at $26.19 on Friday. The company has a market cap of $310.18 million, a price-to-earnings ratio of 8.26 and a beta of 0.92. The company has a quick ratio of 51.35, a current ratio of 51.35 and a debt-to-equity ratio of 2.25. The firm’s 50 day moving average is $25.14. Regional Management has a 1 year low of $22.90 and a 1 year high of $36.31.

Regional Management (NYSE:RM) last announced its quarterly earnings results on Wednesday, May 8th. The credit services provider reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.12). The company had revenue of $81.75 million for the quarter, compared to the consensus estimate of $85.00 million. Regional Management had a net margin of 11.02% and a return on equity of 13.80%. As a group, equities research analysts predict that Regional Management will post 3.39 EPS for the current year.

In other Regional Management news, insider Basswood Capital Management, L bought 68,977 shares of Regional Management stock in a transaction on Tuesday, May 28th. The shares were purchased at an average cost of $24.03 per share, with a total value of $1,657,517.31. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Basswood Partners, L.L.C. bought 62,155 shares of Regional Management stock in a transaction on Tuesday, May 28th. The shares were acquired at an average cost of $24.03 per share, for a total transaction of $1,493,584.65. The disclosure for this purchase can be found here. Insiders own 9.50% of the company’s stock.

Large investors have recently bought and sold shares of the company. Signia Capital Management LLC boosted its holdings in Regional Management by 84.5% in the first quarter. Signia Capital Management LLC now owns 75,646 shares of the credit services provider’s stock valued at $1,847,000 after acquiring an additional 34,644 shares in the last quarter. Argent Capital Management LLC boosted its holdings in Regional Management by 19.3% in the first quarter. Argent Capital Management LLC now owns 65,412 shares of the credit services provider’s stock valued at $1,597,000 after acquiring an additional 10,602 shares in the last quarter. AJO LP boosted its holdings in Regional Management by 3.9% in the first quarter. AJO LP now owns 166,924 shares of the credit services provider’s stock valued at $4,076,000 after acquiring an additional 6,338 shares in the last quarter. Tieton Capital Management LLC boosted its holdings in Regional Management by 19.8% in the first quarter. Tieton Capital Management LLC now owns 231,026 shares of the credit services provider’s stock valued at $5,642,000 after acquiring an additional 38,216 shares in the last quarter. Finally, Martingale Asset Management L P boosted its holdings in Regional Management by 9.6% in the first quarter. Martingale Asset Management L P now owns 73,218 shares of the credit services provider’s stock valued at $1,788,000 after acquiring an additional 6,399 shares in the last quarter. 87.05% of the stock is currently owned by institutional investors.

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 traditional lenders. The company offers small and large installment loans; loans to finance the purchase of furniture, appliances, and other retail products; insurance products, including credit life, credit accident and health, credit property, vehicle single interest, and credit involuntary unemployment insurance; collateral protection insurance; and property insurance, as well as reinsurance products.

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Analyst Recommendations for Regional Management (NYSE:RM)

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