CURO Group (NYSE:CURO – received rating) is scheduled to release its quarterly earnings data after the market close on Monday, May 2nd. Analysts expect the company to report earnings of $0.11 per share for the quarter.
CURO Group (NYSE:CURO – received rating) last announced its quarterly earnings data on Tuesday, February 8th. The company reported ($0.39) EPS for the quarter, beating the consensus estimate of ($0.42) by $0.03. The company had revenue of $224.32 million for the quarter, compared to analyst estimates of $221.96 million. The CURO Group had a net margin of 7.25% and a return on equity of 15.71%. In the same quarter last year, the company reported earnings per share of $0.14. On average, analysts expect CURO Group to report earnings per share of $2 for the current fiscal year and $3 for the next fiscal year.
shares of CURO stock opened at $11.50 on Friday. The company has a market cap of $462.78 million, a price-to-earnings ratio of 9.27 and a beta of 2.67. The company has a debt to equity ratio of 12.14, a quick ratio of 5.07 and a current ratio of 5.07. 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 200-day simple moving average is $14.99.
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 1st. Stockholders of record on Friday, February 18 received a dividend of $0.11. That equates to an annualized dividend of $0.44 and a yield of 3.83%. The ex-dividend date of this dividend was Thursday February 17th. The payout ratio of the CURO Group is 35.48%.
Several research companies have recently issued reports on CURO. Credit Suisse Group lowered its target price on CURO Group shares from USD 29.00 to USD 26.00 and gave the stock a “outperform” rating in a research report on Thursday, December 30. Zacks Investment Research downgraded the shares of CURO Group from a “strong buy” rating to a “hold” rating in a research report on Wednesday, January 19. Finally, on Thursday, December 30th, Jefferies Financial Group began reporting on CURO Group shares in a research report. They provided 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 in the company. BlackRock Inc. increased its stake in CURO Group by 5.8% in the fourth quarter. BlackRock Inc. now owns 1,409,824 shares of the company’s stock valued at $22,571,000 after purchasing an additional 77,191 shares last quarter. State Street Corp increased its stake in CURO Group by 10.1% in the fourth quarter. State Street Corp now owns 366,401 shares of the company’s stock valued at $5,866,000 after purchasing an additional 33,733 shares last quarter. Geode Capital Management LLC increased its stake in CURO Group by 9.2% in the fourth quarter. Geode Capital Management LLC now owns 332,849 shares of the company’s stock valued at $5,328,000 after purchasing an additional 27,997 shares last quarter. Bank of New York Mellon Corp increased its stake in CURO Group by 8.9% in the third quarter. Bank of New York Mellon Corp now owns 256,811 shares of the company’s stock valued at $4,450,000 after purchasing an additional 21,088 shares last quarter. Finally, Morgan Stanley increased its stake in CURO Group by 406.5% in the third quarter. Morgan Stanley now owns 197,203 shares of the company’s stock valued at $3,417,000 after purchasing an additional 158,268 shares last quarter. 38.78% of the shares are currently held by institutional investors.
About the CURO Group (received rating)
CURO Group Holdings Corp. together with its subsidiaries, offers consumer finance products in the United States and Canada. The Company offers unsecured installment loans, secured installment loans, perpetual and one-time payment loans, and ancillary financial products including check cashing, proprietary prepaid reloadable debit cards, money market accounts, credit protection insurance, retail installment sales, and money transfer services.
Receive News & Reviews for the CURO Group Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for CURO Group and related companies with MarketBeat.com’s FREE daily email newsletter.