Regional Management (RM) Expected to Announce Quarterly Earnings on Wednesday

Regional Management (NYSE:RM - Get Free Report) is expected to issue its quarterly earnings data after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.88 per share and revenue of $154.12 million for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.

Regional Management Stock Down 1.8 %

Shares of NYSE:RM traded down $0.67 during trading on Friday, hitting $35.81. 61,770 shares of the company were exchanged, compared to its average volume of 50,184. Regional Management has a fifty-two week low of $20.50 and a fifty-two week high of $37.19. The stock has a market cap of $363.84 million, a price-to-earnings ratio of 15.05 and a beta of 1.50. The company has a current ratio of 44.42, a quick ratio of 44.42 and a debt-to-equity ratio of 3.94. The firm has a fifty day moving average price of $33.72 and a two-hundred day moving average price of $32.01.

Regional Management Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 11th. Investors of record on Thursday, November 21st were issued a dividend of $0.30 per share. The ex-dividend date was Thursday, November 21st. This represents a $1.20 dividend on an annualized basis and a yield of 3.35%. Regional Management's payout ratio is 50.42%.

Analyst Ratings Changes

Separately, Stephens initiated coverage on shares of Regional Management in a research report on Wednesday, November 13th. They issued an "overweight" rating and a $38.00 price objective for the company.

Insider Activity

In other news, major shareholder Fund L.P. Forager sold 21,805 shares of the business's stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $32.17, for a total transaction of $701,466.85. Following the completion of the sale, the insider now owns 1,021,216 shares in the company, valued at $32,852,518.72. The trade was a 2.09 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Robert William Beck sold 7,104 shares of the company's stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $32.55, for a total value of $231,235.20. Following the completion of the transaction, the chief executive officer now directly owns 103,443 shares in the company, valued at approximately $3,367,069.65. This represents a 6.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 65,973 shares of company stock valued at $2,179,000 over the last three months. Insiders own 10.50% of the company's stock.

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 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.