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

FirstCash Holdings, Inc. (NASDAQ:FCFS) CFO R Douglas Orr sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $105.68, for a total value of $211,360.00. Following the transaction, the chief financial officer now owns 88,715 shares of the company’s stock, valued at $9,375,401.20. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

FirstCash Stock Performance

FCFS opened at $107.08 on Wednesday. The company has a current ratio of 4.31, a quick ratio of 3.23 and a debt-to-equity ratio of 0.87. The business’s 50 day moving average is $113.74 and its 200-day moving average is $113.53. The stock has a market cap of $4.79 billion, a PE ratio of 19.83 and a beta of 0.64. FirstCash Holdings, Inc. has a twelve month low of $101.62 and a twelve month high of $133.64.

FirstCash (NASDAQ:FCFS) last announced its earnings results on Thursday, October 24th. The company reported $1.67 earnings per share 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 firm had revenue of $837.30 million for the quarter, compared to the consensus estimate of $843.94 million. During the same quarter in the previous year, the business earned $1.56 EPS. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis. On average, analysts predict that FirstCash Holdings, Inc. will post 6.61 earnings per share for the current year.

FirstCash Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Friday, November 15th will be issued a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 1.42%. The ex-dividend date of this dividend is Friday, November 15th. FirstCash’s payout ratio is currently 28.15%.

Analyst Ratings Changes

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

Hedge Funds Weigh In On FirstCash

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

FirstCash Company Profile

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.