Wall Street analysts expect that Consumer Portfolio Services, Inc. (NASDAQ:CPSS) will announce earnings of $0.14 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Consumer Portfolio Services’ earnings. Consumer Portfolio Services reported earnings of $0.12 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 16.7%. The company is scheduled to issue its next earnings results on Wednesday, April 17th.
On average, analysts expect that Consumer Portfolio Services will report full year earnings of $0.67 per share for the current fiscal year, with EPS estimates ranging from $0.63 to $0.71. For the next financial year, analysts expect that the firm will report earnings of $0.75 per share. Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that that provide coverage for Consumer Portfolio Services.
Consumer Portfolio Services (NASDAQ:CPSS) last announced its quarterly earnings data on Tuesday, February 12th. The credit services provider reported $0.13 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.13. The company had revenue of $91.22 million for the quarter, compared to analysts’ expectations of $95.43 million. Consumer Portfolio Services had a return on equity of 6.66% and a net margin of 3.81%.
Shares of CPSS traded up $0.03 during mid-day trading on Monday, reaching $3.68. The company’s stock had a trading volume of 9,428 shares, compared to its average volume of 27,328. Consumer Portfolio Services has a 52 week low of $2.99 and a 52 week high of $4.65. The firm has a market cap of $80.84 million, a price-to-earnings ratio of 7.22 and a beta of 1.56. The company has a debt-to-equity ratio of 10.76, a quick ratio of 14.27 and a current ratio of 14.27.
In other Consumer Portfolio Services news, Director Brian Rayhill sold 24,500 shares of Consumer Portfolio Services stock in a transaction on Friday, March 8th. The stock was sold at an average price of $4.20, for a total transaction of $102,900.00. Following the completion of the transaction, the director now owns 52,337 shares in the company, valued at $219,815.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 46.20% of the stock is currently owned by insiders.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brandywine Global Investment Management LLC bought a new position in shares of Consumer Portfolio Services during the fourth quarter valued at $26,000. Vanguard Group Inc raised its position in shares of Consumer Portfolio Services by 1.0% in the 3rd quarter. Vanguard Group Inc now owns 746,868 shares of the credit services provider’s stock worth $2,764,000 after purchasing an additional 7,067 shares during the last quarter. Finally, Barclays PLC boosted its stake in Consumer Portfolio Services by 18.6% in the 4th quarter. Barclays PLC now owns 34,850 shares of the credit services provider’s stock worth $105,000 after purchasing an additional 5,476 shares in the last quarter. 50.45% of the stock is currently owned by hedge funds and other institutional investors.
Consumer Portfolio Services Company Profile
Consumer Portfolio Services, Inc operates as a specialty finance company in the United States. It purchases and services retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans. The company, through its automobile contract purchases, offers indirect financing to the customers of dealers with limited credit histories, low incomes, or past credit problems.
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