CURO Group (NYSE: CURO – Get a rating) will release its earnings data after the market closes on Monday, May 2. Analysts expect CURO Group to post earnings of $0.11 per share for the quarter.
CURO Group (NYSE: CURO – Get a rating) last announced its results on Tuesday, February 8. The company reported ($0.39) earnings per share for the quarter, beating analyst consensus estimates of ($0.42) by $0.03. The CURO Group achieved a net margin of 7.25% and a return on equity of 15.71%. The company posted revenue of $224.32 million in the quarter, versus a consensus estimate of $221.96 million. In the same quarter last year, the company made 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.
NYSE CURO shares opened at $11.50 on Friday. The CURO group has a 12-month low of $10.56 and a 12-month high of $20.10. The company has a fifty-day simple moving average of $12.44 and a 200-day simple moving average of $14.99. The company has a market capitalization of $462.78 million, a PE ratio of 9.27 and a beta of 2.67. The company has a quick ratio of 5.07, a current ratio of 5.07 and a debt ratio of 12.14.
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 1. Investors of record on Friday, February 18 received a dividend of $0.11 per share. This represents a dividend of $0.44 on an annualized basis and a yield of 3.83%. The ex-dividend date was Thursday, February 17. The CURO Group’s dividend payout ratio is currently 35.48%.
Several hedge funds and other institutional investors have recently changed their holdings in the company. BlackRock Inc. increased its holdings of CURO Group shares by 5.8% during the fourth quarter. BlackRock Inc. now owns 1,409,824 shares of the company valued at $22,571,000 after purchasing an additional 77,191 shares in the last quarter. State Street Corp increased its holdings of CURO Group stock by 10.1% during the fourth quarter. State Street Corp now owns 366,401 shares of the company valued at $5,866,000 after purchasing an additional 33,733 shares in the last quarter. Geode Capital Management LLC increased its holdings of CURO Group shares 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 purchasing an additional 27,997 shares in the last quarter. Bank of New York Mellon Corp increased its holdings of CURO Group shares 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 buying 21,088 additional shares in the last quarter. Finally, Morgan Stanley increased its holdings of CURO Group shares by 406.5% during the third quarter. Morgan Stanley now owns 197,203 shares of the company valued at $3,417,000 after buying an additional 158,268 shares in the last quarter. Hedge funds and other institutional investors own 38.78% of the company’s shares.
A number of brokerages have weighed in on CURO recently. Jefferies Financial Group began covering CURO Group shares in a research note on Thursday, Dec. 30. They set a “buy” rating and a target price of $25.00 for the business. Zacks Investment Research cut shares of CURO Group from a “strong buy” rating to a “hold” rating in a report on Wednesday, January 19. Finally, Credit Suisse Group cut 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 report.
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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