Equity research analysts expect CURO Group Holdings Corp. (NYSE: CURO – Get a rating) to report earnings per share (EPS) of $0.17 for the current fiscal quarter, according to Zacks. Three analysts provided CURO Group earnings estimates. The lowest EPS estimate is $0.17 and the highest is $0.18. CURO Group reported earnings of $0.69 per share in the same quarter last year, indicating a negative year-over-year growth rate of 75.4%. The company is due to release its next earnings report on Monday, January 1.
According to Zacks, analysts expect CURO Group to report annual earnings of $1.88 per share for the current fiscal year, with EPS estimates ranging from $1.65 to $2.26. For next year, analysts expect the company to post earnings of $3.57 per share, with EPS estimates ranging from $3.25 to $3.98. Zacks’ earnings per share calculations are an average based on a survey of sell-side research analysts who provide coverage for the CURO Group.
CURO Group (NYSE: CURO – Get a rating) last reported results on Tuesday, February 8. The company reported ($0.39) earnings per share (EPS) for the quarter, beating analyst consensus estimates of ($0.42) by $0.03. The CURO Group achieved a return on equity of 15.71% and a net margin of 7.25%. The company posted revenue of $224.32 million in the quarter, compared to $221.96 million expected by analysts. During the same period of the previous year, the company achieved EPS of $0.14.
A number of analysts have recently released reports on the company. Zacks Investment Research upgraded CURO Group from a “strong buy” rating to a “hold” rating in a Wednesday, Jan. 19 research note. Jefferies Financial Group began covering CURO Group shares in a research note on Thursday, Dec. 30. They set a “buy” rating and a price target of $25.00 for the company. Finally, Credit Suisse Group lowered its price target on CURO Group shares from $29.00 to $26.00 and set an “outperform” rating for the company in a Thursday, Dec. 30 research note.
Large investors have recently increased or reduced their stakes in the stock. Citigroup Inc. increased its stake in CURO Group by 134.0% during the third quarter. Citigroup Inc. now owns 2,345 shares of the company valued at $41,000 after buying 1,343 additional shares in the last quarter. Royal Bank of Canada increased its stake in CURO Group by 31.3% during the second quarter. Royal Bank of Canada now owns 3,442 shares of the company valued at $59,000 after buying 820 more shares in the last quarter. Acadian Asset Management LLC acquired a new stake in CURO Group during the 4th quarter for a value of $69,000. BNP Paribas Arbitrage SA increased its stake in CURO group shares by 377.8% during the third quarter. BNP Paribas Arbitrage SA now owns 4,515 shares in the company worth $78,000 after purchasing an additional 3,570 shares last quarter. Finally, Chilton Capital Management LLC acquired a new stake in CURO Group stock during the fourth quarter at a value of $80,000. 38.78% of the shares are held by institutional investors and hedge funds.
CURO NYSE remained steady at $12.26 during Friday trading hours. The company had a trading volume of 61,262 shares, compared to an average volume of 75,624. The company’s 50-day moving average price is $12.81 and its 200-day moving average price is 15, $30. The CURO group has a 12-month low of $11.53 and a 12-month high of $20.10. The company has a debt ratio of 12.14, a current ratio of 5.07 and a quick ratio of 5.07. The company has a market capitalization of $493.34 million, a P/E ratio of 9.89 and a beta of 2.67.
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 1. Shareholders of record on Friday, February 18 received a dividend of $0.11 per share. The ex-dividend date was Thursday, February 17. This represents an annualized dividend of $0.44 and a dividend yield of 3.59%. The CURO Group’s dividend payout ratio is currently 35.48%.
About CURO Group (Get a rating)
CURO Group Holdings Corp., together with its subsidiaries, offers consumer credit products in the United States and Canada. The Company offers unsecured installment loans, secured installment loans, open-ended loans and one-time payment loans, as well as ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, demand deposit accounts, credit protection insurance, retail installment sales. , and money transfer services.
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