FirstCash Inc (FCFS) Declares Quarterly Dividend of $0.19

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.

Dividend History for FirstCash (NASDAQ:FCFS)

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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.

About FirstCash

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.

12 Month Chart for NASDAQ:FCFS

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