Regional Management Corp. found using ticker (RM) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 61 and 41 with the average target price sitting at 53.6. Now with the previous closing price of 40.33 this now indicates there is a potential upside of 32.9%. The 50 day moving average now sits at 41.53 while the 200 day moving average is 49.75. The market capitalisation for the company is $386m. Find out more information at: https://www.regionalmanagement.com
The potential market cap would be $513m 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.
