FirstCash Inc (NASDAQ:FCFS) announced a quarterly dividend on Thursday, April 27th. Investors of record on Monday, May 15th will be paid a dividend of 0.19 per share by the credit services provider on Wednesday, May 31st. This represents a $0.76 annualized dividend and a yield of 1.42%. The ex-dividend date is Thursday, May 11th.
Shares of FirstCash (NASDAQ:FCFS) traded down 0.65% during mid-day trading on Friday, reaching $53.70. The company had a trading volume of 137,085 shares. The stock has a 50 day moving average price of $51.00 and a 200 day moving average price of $46.81. FirstCash has a 12-month low of $39.80 and a 12-month high of $54.95. The firm has a market capitalization of $2.59 billion, a PE ratio of 27.09 and a beta of 0.90.
FirstCash (NASDAQ:FCFS) last announced its earnings results on Thursday, April 27th. The credit services provider reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.08. The company had revenue of $447.60 million for the quarter, compared to the consensus estimate of $435.14 million. The firm’s revenue was up 144.3% compared to the same quarter last year. During the same period last year, the business posted $0.48 EPS. On average, equities analysts forecast that FirstCash will post $2.59 earnings per share for the current year.
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Several research analysts have recently weighed in on the company. TheStreet upgraded FirstCash from a “c+” rating to a “b” rating in a report on Monday, April 17th. Wedbush upped their price objective on FirstCash from $50.00 to $55.00 and gave the company an “outperform” rating in a report on Tuesday, April 4th. Zacks Investment Research lowered FirstCash from a “hold” rating to a “sell” rating in a research report on Tuesday, January 31st. Jefferies Group LLC reissued a “buy” rating and issued a $60.00 target price on shares of FirstCash in a research report on Friday, April 7th. Finally, JMP Securities cut their target price on FirstCash from $57.00 to $52.00 and set a “mkt outperform” rating on the stock in a research report on Friday, February 3rd. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $54.00.
In other news, CFO R Douglas Orr sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 2nd. The shares were sold at an average price of $52.50, for a total transaction of $262,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
FirstCash, Inc, formerly First Cash Financial Services, Inc, is an operator of retail-based pawn stores in the United States and Latin America. The Company’s primary business is the operation of full-service pawn stores, which make small pawn loans secured by personal property, such as consumer electronics, jewelry, power tools, household appliances, sporting goods and musical instruments.
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