CURO Group (NYSE:CURO) Issues Quarterly Earnings Results, Beats Estimates By $0.37 EPS


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CURO Group (NYSE:CURO) issued its quarterly earnings results on Sunday. The company reported $0.69 EPS for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.37, MarketWatch Earnings reports. CURO Group had a return on equity of 115.45% and a net margin of 10.64%.

CURO Group stock traded up $0.10 during mid-day trading on Tuesday, reaching $14.99. The company’s stock had a trading volume of 416,672 shares, compared to its average volume of 382,943. The firm’s fifty day moving average price is $14.19 and its two-hundred day moving average price is $12.74. The company has a debt-to-equity ratio of 7.10, a quick ratio of 3.99 and a current ratio of 3.99. CURO Group has a 12-month low of $5.36 and a 12-month high of $20.81. The company has a market capitalization of $623.94 million, a P/E ratio of 6.23 and a beta of 3.13.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 2nd. Stockholders of record on Tuesday, February 16th were given a $0.055 dividend. This represents a $0.22 annualized dividend and a dividend yield of 1.47%. The ex-dividend date of this dividend was Friday, February 12th. CURO Group’s dividend payout ratio (DPR) is currently 8.30%.

Separately, Zacks Investment Research upgraded shares of CURO Group from a “sell” rating to a “hold” rating in a research note on Wednesday, April 7th.

In other CURO Group news, Director Fleischer & Lowe Gp I. Friedman sold 2,015,992 shares of the business’s stock in a transaction that occurred on Monday, February 8th. The stock was sold at an average price of $15.65, for a total value of $31,550,274.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Chadwick Heath Faulkner sold 13,981 shares of the stock in a transaction that occurred on Wednesday, March 31st. The shares were sold at an average price of $15.01, for a total value of $209,854.81. 51.46% of the stock is owned by company insiders.

About CURO Group

CURO Group Holdings Corp., a diversified consumer finance company, provides consumer finance products to a range of underbanked consumers in the United States and Canada. The company offers unsecured installment loans, secured installment loans, open-end loans, and single-pay 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.

Further Reading: Monthly Dividend Stocks

Earnings History for CURO Group (NYSE:CURO)

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