Regional Management (RM) – Research Analysts’ Weekly Ratings Changes

Regional Management (NYSE: RM) has recently received a number of price target changes and ratings updates:

  • 11/15/2018 – Regional Management was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Regional Management Corp. is a diversified specialty consumer finance company engaged in providing loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies and other traditional lenders. It offers Small Installment Loans, Large Installment Loans, Automobile Purchase Loans, Furniture and Appliance Purchase Loans and Insurance Products. The Company has operations primarily in South Carolina, Texas, North Carolina, Tennessee and Alabama. Regional Management Corp. is headquartered in Greenville, South Carolina. “
  • 11/14/2018 – Regional Management was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $31.00 price target on the stock. According to Zacks, “Regional Management Corp. is a diversified specialty consumer finance company engaged in providing loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies and other traditional lenders. It offers Small Installment Loans, Large Installment Loans, Automobile Purchase Loans, Furniture and Appliance Purchase Loans and Insurance Products. The Company has operations primarily in South Carolina, Texas, North Carolina, Tennessee and Alabama. Regional Management Corp. is headquartered in Greenville, South Carolina. “
  • 11/10/2018 – Regional Management was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 11/9/2018 – Regional Management was given a new $34.00 price target on by analysts at Stephens. They now have a “hold” rating on the stock.
  • 11/7/2018 – Regional Management was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Regional Management Corp. is a diversified specialty consumer finance company engaged in providing loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies and other traditional lenders. It offers Small Installment Loans, Large Installment Loans, Automobile Purchase Loans, Furniture and Appliance Purchase Loans and Insurance Products. The Company has operations primarily in South Carolina, Texas, North Carolina, Tennessee and Alabama. Regional Management Corp. is headquartered in Greenville, South Carolina. “
  • 10/17/2018 – Regional Management was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 10/8/2018 – Regional Management was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.

Shares of RM opened at $27.71 on Tuesday. The company has a quick ratio of 44.21, a current ratio of 44.21 and a debt-to-equity ratio of 2.26. Regional Management Corp has a 1 year low of $22.78 and a 1 year high of $37.21. The company has a market cap of $331.10 million, a price-to-earnings ratio of 12.26 and a beta of 0.81.

Regional Management (NYSE:RM) last announced its quarterly earnings data on Thursday, November 8th. The credit services provider reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. The business had revenue of $77.92 million during the quarter, compared to analyst estimates of $78.72 million. Regional Management had a net margin of 12.02% and a return on equity of 13.74%. Analysts forecast that Regional Management Corp will post 3.05 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of RM. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Regional Management during the 3rd quarter valued at approximately $243,000. MetLife Investment Advisors LLC boosted its position in shares of Regional Management by 54.7% during the 3rd quarter. MetLife Investment Advisors LLC now owns 8,503 shares of the credit services provider’s stock valued at $245,000 after acquiring an additional 3,007 shares during the last quarter. Martingale Asset Management L P bought a new position in shares of Regional Management during the 3rd quarter valued at approximately $257,000. Mackay Shields LLC bought a new position in shares of Regional Management during the 2nd quarter valued at approximately $284,000. Finally, Sun Life Financial INC bought a new position in shares of Regional Management during the 2nd quarter valued at approximately $301,000. Hedge funds and other institutional investors own 86.53% of the company’s stock.

Regional Management Corp., a diversified consumer finance company, provides various 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; automobile purchase 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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