Regional Management (NYSE:RM) announced its quarterly earnings results on Wednesday. The credit services provider reported $1.08 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.09, Yahoo Finance reports. The business had revenue of $91.71 million for the quarter, compared to analyst estimates of $87.78 million. Regional Management had a return on equity of 13.37% and a net margin of 10.59%.

RM traded down $0.02 during trading on Friday, hitting $34.00. The company’s stock had a trading volume of 103,279 shares, compared to its average volume of 49,821. The firm’s 50 day moving average price is $28.46 and its 200-day moving average price is $26.46. The company has a debt-to-equity ratio of 2.44, a current ratio of 48.69 and a quick ratio of 48.69. The stock has a market cap of $339.05 million, a PE ratio of 10.73 and a beta of 1.01. Regional Management has a twelve month low of $22.90 and a twelve month high of $34.93.

In other news, CFO Robert William Beck acquired 5,000 shares of the company’s stock in a transaction dated Thursday, August 15th. The stock was acquired at an average cost of $26.58 per share, for a total transaction of $132,900.00. Following the acquisition, the chief financial officer now directly owns 17,875 shares in the company, valued at approximately $475,117.50. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO John D. Schachtel acquired 4,000 shares of the company’s stock in a transaction dated Monday, August 12th. The shares were purchased at an average price of $27.46 per share, with a total value of $109,840.00. Following the completion of the acquisition, the chief operating officer now owns 26,378 shares in the company, valued at $724,339.88. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 28,858 shares of company stock valued at $756,665 and sold 114,051 shares valued at $3,032,569. Insiders own 9.50% of the company’s stock.

Several equities research analysts have recently commented on the company. Zacks Investment Research raised Regional Management from a “hold” rating to a “buy” rating and set a $38.00 price target on the stock in a research note on Saturday. ValuEngine raised Regional Management from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $33.60.

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 traditional lenders. The company offers small and large installment 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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Earnings History for Regional Management (NYSE:RM)

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