Analysts predict that CURO Group Holdings Corp. (NYSE:CURO – Get Rating) will report revenue of $273.33 million for the current quarter, according to Zacks. Three analysts provided CURO Group earnings estimates. The lowest sales estimate is $211.72 million and the highest is $310.87 million. CURO Group reported sales of $187.69 million in the same quarter last year, suggesting a positive year-over-year growth rate of 45.6%. The company is due to release its next quarterly results on Monday, January 1.
According to Zacks, analysts expect CURO Group to report annual sales of $1.14 billion for the current year, with estimates ranging from $866.27 million to $1.32 billion. . For next year, analysts expect the company to post sales of $1.37 billion, with estimates ranging from $1.05 billion to $1.60 billion. Zacks sales calculations are an average based on a survey of research analysts who track the CURO Group.
CURO Group (NYSE:CURO – Get Rating) last released quarterly earnings data on Monday, May 2. The company reported EPS of $0.08 for the quarter, missing analyst consensus estimates of $0.11 per ($0.03). The CURO Group achieved a return on equity of 3.11% and a net margin of 3.83%. The company posted revenue of $290.20 million in the quarter, compared to $270.53 million expected by analysts. In the same quarter last year, the company earned $0.64 per share.
Separately, Zacks Investment Research downgraded CURO Group from a “Strong Buy” rating to a “Hold” rating in a Wednesday, Jan. 19 research note.
NYSE:CURO opened at $9.17 on Monday. The CURO group has a 12 month minimum of $8.85 and a 12 month maximum of $20.10. The company has a market capitalization of $370.00 million, a price/earnings ratio of 13.49 and a beta of 2.56. The company has a quick ratio of 5.07, a current ratio of 6.32 and a debt ratio of 13.68. The company’s 50-day moving average is $12.06.
The company also recently announced a quarterly dividend, which will be paid on Monday, May 23. Shareholders of record on Tuesday, May 10 will receive a dividend of $0.11. This represents a dividend of $0.44 on an annualized basis and a dividend yield of 4.80%. The ex-dividend date is Monday, May 9. The CURO Group’s dividend payout ratio is currently 64.71%.
Several institutional investors and hedge funds have recently bought and sold shares of the company. First Quadrant LLC CA acquired a new stake in CURO Group stock during the first quarter at a value of $28,000. Citigroup Inc. increased its position in CURO Group shares by 134.0% during the third quarter. Citigroup Inc. now owns 2,345 shares of the company worth $41,000 after purchasing an additional 1,343 shares during the period. Royal Bank of Canada increased its position in CURO Group shares by 31.3% during the second quarter. Royal Bank of Canada now owns 3,442 shares of the company worth $59,000 after purchasing an additional 820 shares during the period. Acadian Asset Management LLC acquired a new stake in shares of CURO Group during the fourth quarter at a value of $69,000. Finally, BNP Paribas Arbitrage SA increased its position 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 during the period. 38.78% of the shares are currently held by institutional investors.
About CURO Group (Get an assessment)
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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