CURO Group (NYSE: CURO – Get a rating) is expected to release its quarterly earnings data after the market closes on Monday, May 2. Analysts expect the company to report earnings of $0.11 per share for the quarter.
CURO Group (NYSE: CURO – Get a rating) last reported its quarterly earnings data on Tuesday, February 8. The company reported ($0.39) EPS for the quarter, beating the consensus estimate of ($0.42) by $0.03. The company posted revenue of $224.32 million for the quarter, versus analyst estimates of $221.96 million. The CURO Group achieved a net margin of 7.25% and a return on equity of 15.71%. In the same quarter a year earlier, the company posted earnings per share of $0.14. On average, analysts expect CURO Group to post EPS of $2 for the current fiscal year and EPS of $3 for the next fiscal year.
Shares of CURO Action opened at $11.50 on Friday. The company has a market capitalization of $462.78 million, a price-earnings ratio of 9.27 and a beta of 2.67. The company has a debt ratio of 12.14, a quick ratio of 5.07 and a current ratio of 5.07. The CURO group has a 52-week low of $10.56 and a 52-week high of $20.10. The company’s 50-day simple moving average is $12.44 and its two-hundred-day simple moving average is $14.99.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 1. Shareholders of record on Friday, February 18 received a dividend of $0.11. This represents an annualized dividend of $0.44 and a yield of 3.83%. The ex-dividend date was Thursday, February 17. The dividend payout ratio of the CURO Group is 35.48%.
Several research firms have recently published reports on CURO. Credit Suisse Group lowered its price target on CURO Group shares from $29.00 to $26.00 and set an “outperform” rating on the stock in a Thursday, Dec. 30 research report. Zacks Investment Research downgraded CURO Group shares from a “strong buy” rating to a “hold” rating in a Wednesday, January 19 research report. Finally, Jefferies Financial Group began covering CURO Group stocks in a research report on Thursday, December 30. They issued a “buy” rating and a price target of $25.00 on the stock.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. increased its stake in CURO Group by 5.8% during the fourth quarter. BlackRock Inc. now owns 1,409,824 shares of the company valued at $22,571,000 after acquiring an additional 77,191 shares last quarter. State Street Corp increased its stake in CURO Group by 10.1% during the fourth quarter. State Street Corp now owns 366,401 shares of the company valued at $5,866,000 after acquiring 33,733 additional shares last quarter. Geode Capital Management LLC increased its stake in CURO Group by 9.2% during the fourth quarter. Geode Capital Management LLC now owns 332,849 shares of the company valued at $5,328,000 after acquiring an additional 27,997 shares in the last quarter. Bank of New York Mellon Corp increased its stake in CURO Group by 8.9% during the third quarter. Bank of New York Mellon Corp now owns 256,811 shares of the company valued at $4,450,000 after acquiring 21,088 additional shares last quarter. Finally, Morgan Stanley increased its stake in CURO Group by 406.5% during the third quarter. Morgan Stanley now owns 197,203 shares of the company valued at $3,417,000 after acquiring an additional 158,268 shares in the last quarter. 38.78% of the shares are currently held by institutional investors.
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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