R Douglas Orr Sells 2,000 Shares of FirstCash Holdings, Inc. (NASDAQ:FCFS) Stock

by · The Cerbat Gem

FirstCash Holdings, Inc. (NASDAQ:FCFS – Get Free Report) CFO R Douglas Orr sold 2,000 shares of the company’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $105.68, for a total transaction of $211,360.00. Following the completion of the transaction, the chief financial officer now owns 88,715 shares in the company, valued at approximately $9,375,401.20. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

FirstCash Price Performance

Shares of FCFS opened at $109.97 on Thursday. The company has a quick ratio of 3.23, a current ratio of 4.31 and a debt-to-equity ratio of 0.87. The stock has a market cap of $4.92 billion, a PE ratio of 20.36 and a beta of 0.64. FirstCash Holdings, Inc. has a 12-month low of $101.62 and a 12-month high of $133.64. The business has a 50-day simple moving average of $113.56 and a two-hundred day simple moving average of $113.37.

FirstCash (NASDAQ:FCFS – Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The company reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.62 by $0.05. FirstCash had a return on equity of 14.97% and a net margin of 7.29%. The company had revenue of $837.30 million during the quarter, compared to the consensus estimate of $843.94 million. During the same quarter in the prior year, the firm posted $1.56 earnings per share. The firm’s revenue was up 6.5% compared to the same quarter last year. Analysts anticipate that FirstCash Holdings, Inc. will post 6.61 earnings per share for the current fiscal year.

FirstCash Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Friday, November 15th will be paid a $0.38 dividend. The ex-dividend date is Friday, November 15th. This represents a $1.52 annualized dividend and a dividend yield of 1.38%. FirstCash’s dividend payout ratio is 28.15%.

Wall Street Analyst Weigh In

Separately, TD Cowen decreased their target price on FirstCash from $134.00 to $130.00 and set a “buy” rating on the stock in a research report on Monday, October 28th.

Check Out Our Latest Report on FirstCash

Institutional Trading of FirstCash

Institutional investors and hedge funds have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC acquired a new position in FirstCash during the 1st quarter worth about $26,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in FirstCash in the second quarter valued at approximately $54,000. Whittier Trust Co. increased its position in FirstCash by 62.2% during the 1st quarter. Whittier Trust Co. now owns 459 shares of the company’s stock valued at $59,000 after purchasing an additional 176 shares during the period. CWM LLC increased its position in FirstCash by 157.5% during the 3rd quarter. CWM LLC now owns 569 shares of the company’s stock valued at $65,000 after purchasing an additional 348 shares during the period. Finally, GAMMA Investing LLC raised its holdings in FirstCash by 28.9% during the 3rd quarter. GAMMA Investing LLC now owns 900 shares of the company’s stock worth $103,000 after purchasing an additional 202 shares during the last quarter. 80.30% of the stock is currently owned by institutional investors and hedge funds.

FirstCash Company Profile

(Get Free Report)

FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. The company operates in three segments: U.S. Pawn, Latin America Pawn, and Retail POS Payment Solutions segments. Its pawn stores lend money on the collateral of pledged personal property, including jewelry, electronics, tools, appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise directly from customers.

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