Regional Management Corp. with ticker code (RM) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 41 and 32 with the average target price sitting at 36.4. Now with the previous closing price of 29.69 this would indicate that there is a potential upside of 22.6%. There is a 50 day moving average of 29.62 while the 200 day moving average is 37.05. The market cap for the company is $276m. Company Website: https://www.regionalmanagement.com
The potential market cap would be $339m based on the market concensus.
Regional Management Corp., a diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States. It offers small and large installment loans; and retail loans to finance the purchase of furniture, appliances, and other retail products. The company also provides insurance products, including credit life, credit accident and health, credit property, vehicle single interest, and credit involuntary unemployment insurance; collateral protection insurance; and property insurance, as well as reinsurance products. In addition, its loans are sourced through branches, centrally managed direct mail campaigns, digital partners, and retailers, as well as its consumer website. As of February 24, 2022, the company operated through a network of approximately 350 branches in 14 states. Regional Management Corp. was incorporated in 1987 and is headquartered in Greer, South Carolina.
