Wall Street analysts expect CURO Group Holdings Corp. (NYSE: CUROGet a rating) will post sales of $270.53 million for the current quarter, according to Zacks Investment Research. Three analysts provided CURO Group earnings estimates, with the highest sales estimate at $295.00 million and the lowest estimate at $227.90 million. The CURO Group recorded sales of $196.60 million in the same quarter last year, which would indicate a positive growth rate of 37.6% year-over-year. The company is expected to release its next earnings report on Monday, January 1.

According to Zacks, analysts expect CURO Group to report annual sales of $1.20 billion for the current fiscal year, with estimates ranging from $1.02 billion to $1.33 billion. . For next year, analysts expect the company to post sales of $1.43 billion, with estimates ranging from $1.22 billion to $1.61 billion. Zacks Investment Research’s Sell Averages are an average based on a survey of sell-side research analysts who track the CURO Group.

CURO Group (NYSE: CUROGet a rating) last reported results on Tuesday, February 8. The company reported ($0.39) earnings per share for the quarter, beating analyst consensus estimates of ($0.42) by $0.03. The company posted revenue of $224.32 million for the quarter, versus analyst estimates of $221.96 million. The CURO Group achieved a return on equity of 15.71% and a net margin of 7.25%. In the same quarter last year, the company posted earnings per share of $0.14.

Several equity analysts have recently published reports on the stock. Credit Suisse Group cut its price target on CURO Group shares from $29.00 to $26.00 and set an “outperform” rating on the stock in a Thursday, Dec. 30 report. Zacks Investment Research downgraded CURO Group from a “strong buy” rating to a “hold” rating in a Wednesday, Jan. 19 research note. Finally, Jefferies Financial Group took over coverage of the CURO Group in a Thursday, Dec. 30 research note. They issued a “buy” rating and a price target of $25.00 for the company.

A number of institutional investors and hedge funds have recently increased or reduced their stake in CURO. Royal Bank of Canada increased its stake in CURO Group shares by 31.3% in the second quarter. Royal Bank of Canada now owns 3,442 shares of the company valued at $59,000 after buying 820 more shares in the last quarter. Wells Fargo & Company MN increased its position in CURO Group by 17.2% during the second quarter. Wells Fargo & Company MN now owns 103,120 shares of the company worth $1,753,000 after purchasing an additional 15,098 shares in the last quarter. SG Americas Securities LLC acquired a new stake in CURO Group during the third quarter at a value of $126,000. Barclays PLC increased its stake in CURO Group shares by 93.0% in the third quarter. Barclays PLC now owns 13,519 shares in the company worth $234,000 after acquiring 6,513 additional shares in the last quarter. Finally, Citigroup Inc. increased its equity stake in CURO Group by 134.0% in the third quarter. Citigroup Inc. now owns 2,345 shares of the company worth $41,000 after acquiring 1,343 additional shares in the last quarter. 38.78% of the shares are currently held by institutional investors.

CURO Action opened at $12.26 on Monday. The company has a market capitalization of $493.37 million, a P/E ratio of 9.89 and a beta of 2.67. The company has a debt ratio of 12.14, a current ratio of 5.07 and a quick ratio of 5.07. The company has a 50-day moving average price of $12.81. The CURO group has a 1-year low of $11.53 and a 1-year high of $20.10.

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 dividend yield of 3.59%. The ex-dividend date was Thursday, February 17. The dividend payout ratio (DPR) of the CURO Group is currently 35.48%.

About CURO Group (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.

Featured articles

Get a Free Copy of Zacks Research Report on the CURO Group (CURO)

For more information on Zacks Investment Research’s research offerings, visit Zacks.com

Earnings history and estimates for the CURO Group (NYSE:CURO)



Get news and reviews for CURO Group Daily – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings for the CURO Group and related companies with MarketBeat.com’s FREE daily email newsletter.