$0.17 EPS expected for CURO Group Holdings Corp. (NYSE:CURO) this quarter

Stock research analysts expect CURO Group Holdings Corp. (NYSE:CUROget rating) to announce earnings per share (EPS) of $0.17 for the current fiscal quarter, based on Zacks. Three analysts have provided estimates of CURO Group’s earnings. The lowest EPS estimate is $0.17 and the highest is $0.18. CURO Group reported earnings of $0.69 per share during the same quarter last year, indicating a negative year-over-year growth rate of 75.4%. The company plans to issue its next earnings report on Monday, January 1.

According to Zacks, analysts expect CURO Group to report annual earnings of $1.88 per share for the current fiscal year, with EPS estimates ranging from $1.65 to $2.26. For the coming year, analysts expect the company to post earnings of $3.57 per share, with EPS estimates ranging from $3.25 to $3.98. Zacks’ earnings per share calculations are an average based on a survey of sell-side research analysts who provide coverage for CURO Group.

CURO Group (NYSE: CUROget rating) last published its earnings results on Tuesday, February 8. The company reported earnings per share (EPS) ($0.39) for the quarter, beating analyst consensus estimates of ($0.42) by $0.03. Grupo CURO obtained a return on equity of 15.71% and a net margin of 7.25%. The business had revenue of $224.32 million during the quarter, compared to analyst expectations of $221.96 million. During the same period of the previous year, the company earned $0.14 EPS.

Several analysts recently issued reports on the company. Zacks Investment Research cut CURO Group from a “strong buy” rating to a “hold” rating in a research note on Wednesday, January 19. Jefferies Financial Group began coverage of CURO Group shares in a research note on Thursday, December 30. They set a “buy” rating and a $25.00 price target for the company. Finally, Credit Suisse Group lowered the price target on CURO Group shares from $29.00 to $26.00 and set an “outperform” rating on the company in a research note on Thursday, December 30.

Large investors have recently increased or decreased their holdings in stocks. Citigroup Inc. increased its stake in CURO Group by 134.0% during the third quarter. Citigroup Inc. now owns 2,345 shares of the company valued at $41,000 after buying an additional 1,343 shares last quarter. Royal Bank of Canada increased its holdings in CURO Group by 31.3% during the second quarter. Royal Bank of Canada now owns 3,442 shares of the company valued at $59,000 after buying an additional 820 shares during the last quarter. Acadian Asset Management LLC acquired a new interest in CURO Group during the fourth quarter valued at $69,000. BNP Paribas Arbitrage SA increased its stake in CURO Group shares by 377.8% during the third quarter. BNP Paribas Arbitrage SA now owns 4,515 shares of the company worth $78,000 after buying an additional 3,570 shares last quarter. Finally, Chilton Capital Management LLC acquired a new share of CURO Group stock during the fourth quarter for $80,000. 38.78% of the shares are owned by institutional investors and hedge funds.

NYSE CURO it was stable at $$12.26 during trading hours on Friday. The company had a trading volume of 61,262 shares, compared to its average volume of 75,624. The company’s 50-day moving average price is $12.81 and its 200-day moving average price is $15.30. CURO Group has a twelve month minimum of $11.53 and a twelve month maximum of $20.10. The firm has a debt-to-equity ratio of 12.14, a current ratio of 5.07, and a quick ratio of 5.07. The company has a market capitalization of $493.34 million, a P/E ratio of 9.89, and a beta of 2.67.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 1. Shareholders of record on Friday, February 18, were paid a dividend of $0.11 per share. The ex-dividend date was Thursday, February 17. This represents an annualized dividend of $0.44 and a dividend yield of 3.59%. CURO Group’s dividend payout ratio is currently 35.48%.

About CURO Group (get rating)

CURO Group Holdings Corp., along with its subsidiaries, offers consumer financing products in the United States and Canada. The company offers unsecured installment loans, secured installment loans, open-ended loans, and lump-sum loans, as well as complementary financial products, including check cashing, proprietary reloadable prepaid debit cards, demand deposit accounts, credit protection, retail installment sales. and money transfer services.

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