Regional Management traded at $33.50 this Friday August 14th, increasing $0.82 or 2.51 percent since the previous trading session. Looking back, over the last four weeks, Regional Management gained 20.56 percent. Over the last 12 months, its price fell by 10.95 percent. Looking ahead, we forecast Regional Management to be priced at 31.98 by the end of this quarter and at 29.96 in one year, according to Trading Economics global macro models projections and analysts expectations.
Regional Management Corp. is a diversified consumer finance company, which provides instalment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders. The Company is engaged in the consumer finance business, offering small loans, large loans, retail loans, and related payment and collateral protection insurance products. It operates in 368 branch locations across 12 states in the South-eastern, South-western, Mid-Atlantic and Midwestern United States. It offers small instalment loans, typically secured with cash proceeds to customers ranging from $500 to $2,500, with terms of up to 48 months. It offers large instalment loans, typically secured with cash proceeds to customers generally ranging from $2,501 to $25,000, with terms between 18 and 60 months. It offers indirect retail loans of up to $7,500, with terms between 6 and 48 months, which are secured by the purchased items.