CURO Group (NYSE: CURO – Get a rating) released its quarterly results on Monday. The company reported EPS of $0.15 for the quarter, beating the consensus estimate of $0.12 by $0.03, MarketWatch Earnings reports. The CURO Group achieved a return on equity of 15.71% and a net margin of 7.25%. During the same period a year earlier, the company posted earnings per share of $0.64.
NYSE: CURO was trading down $1.25 during Tuesday trading hours, hitting $10.45. The company’s shares had a trading volume of 490 shares, compared to its average volume of 78,975. The company has a current ratio of 5.07, a quick ratio of 5.07 and a debt ratio of 12 ,14. The CURO group has a one-year low of $10.56 and a one-year high of $20.10. The company has a 50-day moving average of $12.37. The company has a market capitalization of $420.51 million, a P/E ratio of 9.44 and a beta of 2.56.
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 1. Shareholders of record on Friday, February 18 received a dividend of $0.11 per share. This represents an annualized dividend of $0.44 and a yield of 4.21%. The ex-dividend date was Thursday, February 17. The dividend payout ratio (DPR) of the CURO Group is currently 35.48%.
Separately, Zacks Investment Research downgraded CURO Group from a “strong buy” rating to a “hold” rating in a Wednesday, January 19 research report.
Several hedge funds and other institutional investors have recently increased or reduced their stake in CURO. JPMorgan Chase & Co. increased its stake in CURO Group by 41.8% during the fourth quarter. JPMorgan Chase & Co. now owns 68,137 shares of the company worth $1,090,000 after acquiring an additional 20,076 shares during the period. Invesco Ltd. increased its holdings of CURO Group shares by 10.2% in Q3. Invesco Ltd. now owns 55,827 shares of the company valued at $968,000 after purchasing an additional 5,149 shares during the period. Barclays PLC increased its stake in CURO Group by 115.9% in the fourth quarter. Barclays PLC now owns 29,189 shares in the company valued at $467,000 after acquiring an additional 15,670 shares during the period. California State Teachers Retirement System increased its stake in CURO Group by 138.9% in the fourth quarter. California State Teachers Retirement System now owns 27,096 shares of the company valued at $434,000 after acquiring an additional 15,752 shares during the period. Finally, Bank of America Corp DE increased its position in CURO Group shares by 69.3% during the 4th quarter. Bank of America Corp DE now owns 19,873 shares of the company worth $318,000 after buying 8,137 additional shares in the last quarter. Institutional investors and hedge funds hold 38.78% of the company’s shares.
CURO Group Company Profile (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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