Regional Management Corp. with ticker code (RM) now have 5 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 68 and 53 calculating the mean target price we have 59.4. Given that the stocks previous close was at 37.7 this now indicates there is a potential upside of 57.6%. The day 50 moving average is 44.93 and the 200 day moving average is 52.09. The company has a market capitalisation of $383m. You can visit the company’s website by visiting: https://www.regionalmanagement.com
The potential market cap would be $604m 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.
