RM Stock Summary and Trading Ideas (Regional Mgmt | NYSE:RM)

Regional Management Corp is a diversified consumer finance company that provides installment loan products to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders. It is engaged in consumer finance. The company has the core products which are small and large installment loans. The company also offers optional payment and collateral protection insurance. The company's principal source of revenue is interest and fee income on outstanding loans.

Regional Mgmt trades on the NYSE stock market under the symbol RM.

As of April 19, 2024, RM stock price climbed to $25.20 with 19,049 million shares trading.

RM has a beta of 0.69, meaning it tends to be less sensitive to market movements. RM has a correlation of 0.07 to the broad based SPY ETF.

RM has a market cap of $248.68 million. This is considered a Small Cap stock.

Last quarter Regional Mgmt reported $142 million in Revenue and $.54 earnings per share. This fell short of revenue expectation by $-291,000 and exceeded earnings estimates by $.11.

In the last 3 years, RM stock traded as high as $67.60 and as low as $20.50.

The top ETF exchange traded funds that RM belongs to (by Net Assets): VTI, IWM, VXF, AVUV, IWN.

RM stock has underperformed the market in the last year with a return of -0.7%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in RM shares. However, RM has outperformed the market in the last 3 month and 2 week periods, returning +5.4% and +3.9%, while SPY returned +4.3% and -3.5%, respectively. This indicates RM has been having a stronger performance recently.

RM support price is $24.22 and resistance is $25.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RM stock will trade within this expected range on the day.