Media coverage about Regional Management Corp (NYSE:RM) has been trending somewhat positive this week, according to Alpha One Sentiment. Alpha One, a unit of Accern, rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Regional Management Corp earned a news sentiment score of 0.15 on Alpha One’s scale. Alpha One also gave news headlines about the credit services provider an impact score of 97 out of 100, indicating that recent press coverage is extremely likely to have an impact on the company’s share price in the next few days.
Here are some of the news headlines that may have effected AlphaOne’s rankings:
- Michael R. Dunn Sells 917 Shares of Regional Management Corp (RM) Stock (americanbankingnews.com)
- Insider Selling: Regional Management Corp (RM) Director Sells 1,796 Shares of Stock (americanbankingnews.com)
- Somewhat Critical Press Coverage Extremely Likely to Impact Regional Management Corp (RM) Stock Price (americanbankingnews.com)
- BMO Capital Markets Reaffirms Hold Rating for Regional Management Corp (RM) (semiconductors.einnews.com)
- Regional Management Corp (RM) Rating Reiterated by BMO Capital Markets (americanbankingnews.com)
RM has been the subject of a number of analyst reports. Zacks Investment Research cut shares of Regional Management Corp from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 29th. BMO Capital Markets reiterated a “hold” rating and issued a $26.00 target price on shares of Regional Management Corp in a research note on Tuesday, April 11th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $22.00 target price on shares of Regional Management Corp in a research note on Tuesday, April 11th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. Regional Management Corp presently has a consensus rating of “Hold” and an average target price of $24.50.
Regional Management Corp (NYSE:RM) traded up 2.49% during mid-day trading on Thursday, reaching $20.17. 74,537 shares of the company’s stock were exchanged. Regional Management Corp has a 52-week low of $13.11 and a 52-week high of $27.56. The company has a market cap of $233.55 million, a PE ratio of 10.14 and a beta of 1.58. The stock has a 50-day moving average price of $19.70 and a 200 day moving average price of $22.79.
Regional Management Corp (NYSE:RM) last released its quarterly earnings data on Tuesday, February 7th. The credit services provider reported $0.56 EPS for the quarter, meeting the consensus estimate of $0.56. The company earned $64 million during the quarter, compared to the consensus estimate of $56.70 million. Regional Management Corp had a return on equity of 12.61% and a net margin of 9.99%. Equities analysts predict that Regional Management Corp will post $2.02 earnings per share for the current fiscal year.
In other Regional Management Corp news, Director Michael R. Dunn sold 12,793 shares of the firm’s stock in a transaction on Tuesday, April 11th. The stock was sold at an average price of $20.05, for a total transaction of $256,499.65. Following the completion of the sale, the director now owns 168,502 shares of the company’s stock, valued at approximately $3,378,465.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael R. Dunn sold 6,411 shares of the firm’s stock in a transaction on Friday, April 7th. The shares were sold at an average price of $20.10, for a total value of $128,861.10. Following the sale, the director now directly owns 178,913 shares of the company’s stock, valued at approximately $3,596,151.30. The disclosure for this sale can be found here. In the last three months, insiders sold 21,947 shares of company stock valued at $440,302. 5.60% of the stock is currently owned by insiders.
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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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