Regional Management (NYSE:RM) Share Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Regional Management Corp. (NYSE:RM - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $29.28 and traded as high as $32.03. Regional Management shares last traded at $32.01, with a volume of 14,951 shares changing hands.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods raised their price objective on Regional Management from $28.00 to $33.00 and gave the company a "market perform" rating in a report on Thursday, August 1st.

Regional Management Price Performance

The company has a market cap of $316.77 million, a P/E ratio of 13.92 and a beta of 1.52. The company has a fifty day moving average price of $31.81 and a two-hundred day moving average price of $29.31. The company has a debt-to-equity ratio of 3.98, a quick ratio of 49.53 and a current ratio of 49.53.

Regional Management (NYSE:RM - Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The credit services provider reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.27. The company had revenue of $143.03 million during the quarter, compared to analysts' expectations of $143.13 million. Regional Management had a return on equity of 11.24% and a net margin of 4.37%. During the same quarter last year, the company earned $0.63 EPS. On average, sell-side analysts anticipate that Regional Management Corp. will post 4.41 earnings per share for the current fiscal year.

Regional Management Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 12th. Investors of record on Wednesday, August 21st were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date was Wednesday, August 21st. Regional Management's payout ratio is currently 52.17%.

Hedge Funds Weigh In On Regional Management

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in Regional Management by 3.1% during the first quarter. Vanguard Group Inc. now owns 443,851 shares of the credit services provider's stock worth $10,746,000 after acquiring an additional 13,414 shares during the last quarter. Tieton Capital Management LLC lifted its position in Regional Management by 94.1% during the second quarter. Tieton Capital Management LLC now owns 207,390 shares of the credit services provider's stock worth $5,960,000 after acquiring an additional 100,560 shares during the last quarter. Renaissance Technologies LLC lifted its position in Regional Management by 0.9% during the second quarter. Renaissance Technologies LLC now owns 201,537 shares of the credit services provider's stock worth $5,792,000 after acquiring an additional 1,800 shares during the last quarter. Bank of New York Mellon Corp lifted its position in Regional Management by 5.3% during the second quarter. Bank of New York Mellon Corp now owns 111,610 shares of the credit services provider's stock worth $3,208,000 after acquiring an additional 5,588 shares during the last quarter. Finally, American Century Companies Inc. lifted its position in Regional Management by 18.5% during the second quarter. American Century Companies Inc. now owns 106,773 shares of the credit services provider's stock worth $3,069,000 after acquiring an additional 16,683 shares during the last quarter. Institutional investors own 98.89% of the company's stock.

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.