World Acceptance (WRLD) Stock Price, News & Analysis

Company Overview

World Acceptance Corporation engages in consumer finance business in the United States. The company provides short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It offers income tax return preparation and filing services; and automobile club memberships. It serves individuals with limited access to other sources of consumer credit, such as banks, credit unions, other consumer finance businesses, and credit card lenders. World Acceptance Corporation was founded in 1962 and is headquartered in Greenville, South Carolina.

Key Stats

• Today's Range: $117.37 to $119.43
• 50-Day Range: $110.80 to $127.63
• 52-Week Range: $101.85 to $149.31
• Volume: 17,983 shs
• Average Volume: 20,344 shs
• Market Capitalization: $684.83 million
• P/E Ratio: 8.10
• Dividend Yield: N/A
• Price Target: $10.00
• Consensus Rating: Hold

World Acceptance Stock Analysis - MarketRank™

World Acceptance scored higher than 40% of companies evaluated by MarketBeat, and ranked 715th out of 922 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

World Acceptance has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

World Acceptance has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -6.56%

Earnings Growth

Earnings for World Acceptance are expected to decrease by -6.56% in the coming year, from $13.10 to $12.24 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of World Acceptance is 8.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.47.

Price to Earnings Ratio vs. Sector

The P/E ratio of World Acceptance is 8.10, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 37.32.

Price to Book Value per Share Ratio

World Acceptance has a P/B Ratio of 1.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.61% of the float of World Acceptance has been sold short.

Short Interest Ratio / Days to Cover

World Acceptance has a short interest ratio ("days to cover") of 18.2, which indicates bearish sentiment.

Change versus previous month

Short interest in World Acceptance has recently decreased by 3.28%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

World Acceptance does not currently pay a dividend.

Dividend Growth

World Acceptance does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -0.12

Percentage of Shares Shorted

10.61% of the float of World Acceptance has been sold short.

Short Interest Ratio / Days to Cover

World Acceptance has a short interest ratio ("days to cover") of 18.2, which indicates bearish sentiment.

Change versus previous month

Short interest in World Acceptance has recently decreased by 3.28%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 1.45

News Sentiment

World Acceptance has a news sentiment score of 1.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for World Acceptance this week, compared to 4 articles on an average week.

Search Interest

Only 1 people have searched for WRLD on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, World Acceptance insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $62,865.00 in company stock.

Percentage Held by Insiders

43.20% of the stock of World Acceptance is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

83.63% of the stock of World Acceptance is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WRLD Stock Analysis - Frequently Asked Questions

How have WRLD shares performed this year?

World Acceptance's stock was trading at $130.53 at the start of the year. Since then, WRLD stock has decreased by 8.8% and is now trading at $119.10.
View the best growth stocks for 2024 here.

How were World Acceptance's earnings last quarter?

World Acceptance Co. (NASDAQ:WRLD) announced its quarterly earnings data on Friday, July, 26th. The credit services provider reported $1.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.69 by $0.10. The credit services provider had revenue of $129.53 million for the quarter, compared to analysts' expectations of $141 million. World Acceptance had a net margin of 15.02% and a trailing twelve-month return on equity of 19.85%.

Who are World Acceptance's major shareholders?

World Acceptance's top institutional shareholders include State Street Corp (2.45%), Geode Capital Management LLC (1.38%), Ingalls & Snyder LLC (1.03%) and Charles Schwab Investment Management Inc. (0.96%). Insiders that own company stock include Ken R Bramlett Jr, John L Calmes Jr, Luke J Umstetter, Scott Mcintyre, Jason E Childers, R Chad Prashad and Darrell E Whitaker.
View institutional ownership trends.

How do I buy shares of World Acceptance?

Shares of WRLD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of World Acceptance own?

Based on aggregate information from My MarketBeat watchlists, some other companies that World Acceptance investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Last Earnings: 7/26/2024
• Today: 11/23/2024
• Next Earnings (Estimated): 1/17/2025
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Personal credit institutions
• Sub-Industry: Consumer Finance
• Current Symbol: NASDAQ:WRLD
• CUSIP: 98141910
• CIK: 108385
• Web: www.loansbyworld.com
• Phone: (864) 298-9800
• Fax: 864-298-9810
• Employees: 2,872
• Year Founded: 1962

Price Target and Rating

• Average Stock Price Target: $10.00
• High Stock Price Target: $10.00
• Low Stock Price Target: $10.00
• Potential Upside/Downside: -91.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $14.71
• Trailing P/E Ratio: 8.10
• Forward P/E Ratio: 9.09
• P/E Growth: N/A
• Net Income: $77.35 million
• Net Margins: 15.02%
• Pretax Margin: 19.17%
• Return on Equity: 19.85%
• Return on Assets: 7.96%

Debt

• Debt-to-Equity Ratio: 1.21
• Current Ratio: 19.53
• Quick Ratio: 19.53

Sales & Book Value

• Annual Sales: $573.21 million
• Price / Sales: 1.19
• Cash Flow: $17.57 per share
• Price / Cash Flow: 6.78
• Book Value: $72.61 per share
• Price / Book: 1.64

Miscellaneous

• Outstanding Shares: 5,750,000
• Free Float: 3,266,000
• Market Cap: $684.83 million
• Optionable: No Data
• Beta: 1.40