FirstCash (NASDAQ:FCFS) Posts Quarterly Earnings Results, Beats Estimates By $0.39 EPS

FirstCash (NASDAQ:FCFS) posted its earnings results on Thursday. The company reported $2.69 earnings per share for the quarter, beating the consensus estimate of $2.30 by $0.39, Zacks reports. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1 billion. FirstCash had a net margin of 9.02% and a return on equity of 17.99%. The business’s quarterly revenue was up 25.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.07 EPS.

FirstCash Stock Up 2.7%

NASDAQ FCFS traded up $5.73 on Friday, reaching $218.06. The company had a trading volume of 97,302 shares, compared to its average volume of 308,918. The firm has a market capitalization of $9.56 billion, a PE ratio of 29.38 and a beta of 0.47. The company has a debt-to-equity ratio of 0.97, a current ratio of 4.55 and a quick ratio of 3.36. The firm has a 50-day moving average of $193.73 and a 200-day moving average of $173.04. FirstCash has a 1 year low of $119.21 and a 1 year high of $227.26.

FirstCash Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, May 15th. FirstCash’s dividend payout ratio is currently 22.64%.

Insider Activity

In other news, CFO R Douglas Orr sold 4,000 shares of the stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $175.37, for a total transaction of $701,480.00. Following the completion of the transaction, the chief financial officer directly owned 111,289 shares in the company, valued at approximately $19,516,751.93. This represents a 3.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Howard F. Hambleton sold 4,000 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $185.12, for a total value of $740,480.00. Following the transaction, the insider owned 35,406 shares of the company’s stock, valued at approximately $6,554,358.72. This trade represents a 10.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 26,500 shares of company stock worth $4,783,985. 2.93% of the stock is currently owned by insiders.

Hedge Funds Weigh In On FirstCash

Several institutional investors and hedge funds have recently made changes to their positions in the business. Coldstream Capital Management Inc. boosted its stake in shares of FirstCash by 7.5% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,706 shares of the company’s stock valued at $270,000 after buying an additional 119 shares during the last quarter. Glenmede Investment Management LP boosted its stake in shares of FirstCash by 5.7% during the 3rd quarter. Glenmede Investment Management LP now owns 2,305 shares of the company’s stock valued at $365,000 after buying an additional 125 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in shares of FirstCash by 4.5% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 3,328 shares of the company’s stock valued at $530,000 after buying an additional 143 shares during the last quarter. CIBC Private Wealth Group LLC boosted its stake in shares of FirstCash by 490.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 195 shares of the company’s stock valued at $31,000 after buying an additional 162 shares during the last quarter. Finally, Zacks Investment Management boosted its stake in shares of FirstCash by 5.3% during the 4th quarter. Zacks Investment Management now owns 3,411 shares of the company’s stock valued at $544,000 after buying an additional 171 shares during the last quarter. 80.30% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting FirstCash

Here are the key news stories impacting FirstCash this week:

• Positive Sentiment: FirstCash reported record Q1 results: EPS of $2.69 beat the $2.30 consensus, revenue of $1.05B topped estimates and revenue grew ~26% year-over-year; management increased 2026 revenue guidance — the combination of an earnings beat, robust top-line growth and a raised outlook is the primary driver of the rally. GlobeNewswire Q1 Release
• Positive Sentiment: The Board declared a quarterly cash dividend of $0.42 per share (record May 15, payable May 29), adding a modest income element to total shareholder return (annualized yield ~0.8%). Dividend policy support can reinforce investor confidence following the strong quarter. Dividend/Press Release
• Positive Sentiment: Market reaction: shares set a new 1-year high after the results and guidance lift, indicating strong investor appetite and momentum following the report. AmericanBankingNews: 1-Year High

Wall Street Analysts Forecast Growth

FCFS has been the topic of several recent research reports. Wall Street Zen lowered shares of FirstCash from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 15th. Zacks Research lowered shares of FirstCash from a “strong-buy” rating to a “hold” rating in a report on Friday, January 2nd. Canaccord Genuity Group set a $252.00 target price on shares of FirstCash and gave the company a “buy” rating in a report on Friday. TD Cowen restated a “buy” rating on shares of FirstCash in a report on Friday. Finally, Weiss Ratings upgraded FirstCash from a “buy (b)” rating to a “buy (a-)” rating in a report on Friday, April 10th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $186.25.

FirstCash Company Profile

FirstCash, Inc (NASDAQ: FCFS) is a leading integrated operator of pawn stores and provider of short-term consumer loan services in the United States and Mexico. Through its retail pawn outlets, FirstCash offers collateral-based loans secured by personal property, enabling customers to access liquidity without a credit history or traditional bank account. The company also purchases, trades and sells a broad range of secondhand merchandise, including electronics, jewelry and power tools, through its network of conveniently located stores.

In addition to its pawn-broking activities, FirstCash provides unsecured consumer loans designed to meet urgent cash needs.