Santander Consumer USA (NYSE:SC) is scheduled to be releasing its earnings data before the market opens on Tuesday, January 23rd.
Santander Consumer USA (NYSE:SC) last announced its earnings results on Friday, October 27th. The financial services provider reported $0.48 EPS for the quarter, topping the consensus estimate of $0.35 by $0.13. The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.11 billion. Santander Consumer USA had a net margin of 10.17% and a return on equity of 11.33%. The business’s quarterly revenue was down 4.9% on a year-over-year basis. During the same period last year, the company posted $0.56 EPS. On average, analysts expect Santander Consumer USA to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of Santander Consumer USA (NYSE:SC) opened at $18.41 on Friday. The company has a market cap of $6,630.00, a P/E ratio of 9.90, a price-to-earnings-growth ratio of 4.27 and a beta of 1.32. Santander Consumer USA has a fifty-two week low of $11.12 and a fifty-two week high of $19.02.
An institutional investor recently raised its position in Santander Consumer USA stock. The Manufacturers Life Insurance Company lifted its position in Santander Consumer USA Holdings Inc (NYSE:SC) by 7.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,577 shares of the financial services provider’s stock after buying an additional 717 shares during the quarter. The Manufacturers Life Insurance Company ‘s holdings in Santander Consumer USA were worth $135,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 91.44% of the company’s stock.
Several brokerages have commented on SC. Oppenheimer began coverage on shares of Santander Consumer USA in a report on Monday, January 8th. They set a “hold” rating on the stock. Zacks Investment Research upgraded shares of Santander Consumer USA from a “sell” rating to a “hold” rating in a report on Saturday, January 13th. JPMorgan Chase & Co. upgraded shares of Santander Consumer USA from a “neutral” rating to an “overweight” rating and dropped their target price for the stock from $20.50 to $16.00 in a report on Friday, January 12th. Barclays set a $18.00 price target on shares of Santander Consumer USA and gave the stock a “hold” rating in a research note on Tuesday, December 12th. Finally, BTIG Research raised their price target on shares of Santander Consumer USA to $21.00 and gave the stock a “buy” rating in a research note on Monday, December 4th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $17.87.
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Santander Consumer USA Company Profile
Santander Consumer USA Holdings Inc is the holding company for Santander Consumer USA Inc, and subsidiaries, a consumer finance company focused on vehicle finance and third party servicing. The Company operates through Consumer Finance segment. Its Consumer Finance business is focused on vehicle financial products and services, including retail installment contracts, vehicle leases, and dealer loans, as well as financial products and services related to motorcycles, recreational vehicles (RVs), and marine vehicles.
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