Media coverage about Regional Management (NYSE:RM) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Regional Management earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave press coverage about the credit services provider an impact score of 47.3713650005254 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news stories that may have effected Accern’s scoring:
- Regional Management (RM) Earns Neutral Rating from DA Davidson (americanbankingnews.com)
- Regional Management Corp. to Report First Quarter 2018 Results on Tuesday, May 1, 2018 (finance.yahoo.com)
- A Look Into the Future of Commercial Real Estate (hudsonvalleynewsnetwork.com)
- Brokerages Anticipate Regional Management (RM) Will Announce Quarterly Sales of $72.27 Million (americanbankingnews.com)
- Manitoba Community Emergency Preparedness Awards Presented (empireadvance.ca)
A number of equities analysts have recently commented on the stock. Zacks Investment Research cut shares of Regional Management from a “buy” rating to a “hold” rating in a report on Wednesday, March 14th. ValuEngine raised shares of Regional Management from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 8th. Jefferies Group reissued a “buy” rating and issued a $33.00 price objective on shares of Regional Management in a research note on Thursday, January 11th. BMO Capital Markets reissued a “hold” rating and issued a $32.00 price objective on shares of Regional Management in a research note on Monday, January 8th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $27.00 price objective on shares of Regional Management in a research note on Friday, December 22nd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $29.00.
Shares of RM opened at $33.03 on Wednesday. The company has a debt-to-equity ratio of 2.37, a quick ratio of 42.60 and a current ratio of 42.60. The firm has a market capitalization of $378.18, a price-to-earnings ratio of 14.62 and a beta of 1.19. Regional Management has a 1 year low of $19.23 and a 1 year high of $35.34.
Regional Management (NYSE:RM) last announced its quarterly earnings data on Tuesday, February 13th. The credit services provider reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.02. The company had revenue of $72.11 million for the quarter, compared to analysts’ expectations of $71.86 million. Regional Management had a net margin of 11.00% and a return on equity of 12.54%. equities research analysts expect that Regional Management will post 3.13 EPS for the current year.
In other news, major shareholder Basswood Capital Management, L sold 25,962 shares of the company’s stock in a transaction on Monday, January 22nd. The shares were sold at an average price of $27.55, for a total transaction of $715,253.10. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Roel C. Campos purchased 800 shares of the stock in a transaction dated Tuesday, March 13th. The shares were bought at an average cost of $31.56 per share, for a total transaction of $25,248.00. Following the completion of the purchase, the director now owns 29,654 shares in the company, valued at $935,880.24. The disclosure for this purchase can be found here. Over the last ninety days, insiders have sold 33,325 shares of company stock worth $928,591. Corporate insiders own 8.00% of the company’s stock.
WARNING: This piece was originally published by The Lincolnian Online and is owned by of The Lincolnian Online. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. and international trademark and copyright legislation. The correct version of this piece can be read at https://www.thelincolnianonline.com/2018/04/18/somewhat-favorable-press-coverage-somewhat-unlikely-to-impact-regional-management-rm-stock-price.html.
Regional Management Company Profile
Regional Management Corp., a diversified consumer finance company, provides various 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; automobile purchase 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.
Receive News & Ratings for Regional Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regional Management and related companies with MarketBeat.com's FREE daily email newsletter.