Key Points
- Forager Fund L.P., a major (>10%) shareholder, sold about 37,827 shares of Regional Management across April 14–16 for roughly $1.44M, modestly reducing its stake to ~1,011,865 shares (valued at ~$38.5M).
- Two senior insiders — EVP Brian J. Fisher and EVP Harpreet Rana — also sold sizable positions (≈8,457 and ≈17,987 shares respectively) on April 14–15, transactions that included double-digit and ~32% reductions in their holdings and may weigh on sentiment.
- Regional Management trades near $38.50 with a market cap of ~$359M, a PE of 8.65, and pays a quarterly dividend of $0.30 (≈3.1% yield).
Regional Management Corp. (NYSE:RM - Get Free Report) EVP Brian Fisher sold 3,000 shares of the firm's stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $38.07, for a total transaction of $114,210.00. Following the completion of the transaction, the executive vice president directly owned 33,202 shares of the company's stock, valued at approximately $1,264,000.14. The trade was a 8.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Regional Management Trading Up 0.7%
NYSE RM opened at $38.51 on Friday. The firm has a 50 day simple moving average of $33.52 and a 200-day simple moving average of $36.77. The company has a debt-to-equity ratio of 4.40, a quick ratio of 49.92 and a current ratio of 49.92. Regional Management Corp. has a one year low of $26.06 and a one year high of $46.00. The firm has a market cap of $359.26 million, a price-to-earnings ratio of 8.65 and a beta of 1.03.
Regional Management (NYSE:RM - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The credit services provider reported $1.30 EPS for the quarter, beating the consensus estimate of $1.23 by $0.07. Regional Management had a net margin of 6.88% and a return on equity of 12.12%. The business had revenue of ($165.49) million during the quarter, compared to analyst estimates of $167.90 million. Equities research analysts anticipate that Regional Management Corp. will post 4.7 EPS for the current fiscal year.
Regional Management Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Thursday, February 19th were paid a $0.30 dividend. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $1.20 annualized dividend and a dividend yield of 3.1%. Regional Management's dividend payout ratio (DPR) is presently 26.97%.
Key Regional Management News
Here are the key news stories impacting Regional Management this week:
- Neutral Sentiment: Forager Fund L.P., a major shareholder, sold multiple tranches of RM across April 14–16 totaling ~37,800 shares (~$1.44M) while remaining a >10% holder; the sales reduced its stake modestly but left it materially invested. Read More.
- Negative Sentiment: EVP Brian J. Fisher sold ~8,457 shares across April 14–15 (≈$322k), representing a double-digit percentage reduction in his holdings — a signal some investors interpret negatively for near-term insider conviction. Read More.
- Negative Sentiment: EVP Harpreet Rana sold ~17,987 shares across April 14–15 (≈$685k), with one tranche showing a ~32% reduction in her stake — another meaningful insider sale that may pressure sentiment. Read More.
Institutional Trading of Regional Management
Several hedge funds have recently added to or reduced their stakes in RM. State of Alaska Department of Revenue acquired a new stake in Regional Management in the fourth quarter valued at approximately $25,000. Wexford Capital LP acquired a new stake in Regional Management during the third quarter worth approximately $32,000. Advisory Services Network LLC acquired a new stake in Regional Management during the third quarter worth approximately $39,000. CWM LLC raised its holdings in Regional Management by 43.7% during the third quarter. CWM LLC now owns 1,065 shares of the credit services provider's stock worth $41,000 after purchasing an additional 324 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in Regional Management during the fourth quarter worth approximately $49,000. Institutional investors and hedge funds own 98.89% of the company's stock.
Wall Street Analyst Weigh In
Several analysts recently weighed in on RM shares. Zacks Research raised shares of Regional Management from a "strong sell" rating to a "hold" rating in a report on Monday, January 5th. Wall Street Zen cut shares of Regional Management from a "strong-buy" rating to a "buy" rating in a report on Saturday, February 7th. Finally, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Regional Management in a report on Monday, December 29th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $30.00.
Read Our Latest Stock Analysis on Regional Management
About Regional Management
(
Get Free Report)
Regional Management Corp., headquartered in Wilmington, North Carolina, is a consumer finance company specializing in installment loan products for underbanked individuals. Since its founding in 1977, the company has developed a network of field-based branches alongside a digital platform to offer credit solutions in rural and small-town markets across the United States.
The company's core offerings include consumer installment loans for everyday purchases, auto refinancing and lease buyouts, as well as ancillary services such as insurance referrals.
See Also
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