Firstcash Holdings stock dividend – FirstCash Holdings Increases Dividend to $0.35 Per Share
August 9, 2023
☀️Trending News
FIRSTCASH ($NASDAQ:FCFS): FirstCash Holdings, Inc. is a leading operator of pawn stores in the United States and Mexico. This marks the fourth consecutive quarter in which the company has increased its dividend. The increase is indicative of FirstCash Holdings’ strong financial performance, as well as its commitment to rewarding its shareholders. The company has a history of delivering consistent cash returns to shareholders through dividends and share repurchases. With the new dividend payment, FirstCash Holdings is poised to remain a leader in delivering shareholder value.
Shareholders are encouraged to consult their financial advisors for more information on how this dividend increase could affect their investments. The dividend increase is further evidence of FirstCash Holdings’ focus on delivering value to its shareholders. With its sound financial position and continued commitment to rewarding investors, the company is well-positioned for future success.
Dividends – Firstcash Holdings stock dividend
FIRSTCASH HOLDINGS has recently increased its annual dividend per share to $0.35, a considerable jump from its prior dividend per share of $1.32, $1.26, and $1.17 for the last three years, respectively. This increase has resulted in a dividend yield of 1.47%, 1.63%, and 1.59% for the years 2021, 2022, and 2023 respectively. The average dividend yield for the same period is 1.56%. This is an indication of the company’s commitment to shareholders, and its optimistic outlook for its future earnings potential.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Firstcash Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 2.93k | 231.95 | 9.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Firstcash Holdings. More…
| Operations | Investing | Financing |
| 459.75 | -336.44 | -139.27 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Firstcash Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.96k | 2.06k | 41.71 |
Key Ratios Snapshot
Some of the financial key ratios for Firstcash Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.1% | 11.2% | 13.0% |
| FCF Margin | ROE | ROA |
| 14.2% | 12.6% | 6.0% |
Share Price
On Wednesday, FIRSTCASH HOLDINGS announced an increase in their dividend to $0.35 per share. The stock opened at $97.0 and closed at $97.1, representing a decline of 0.6% compared to the previous day’s closing price of 97.7. Despite the slight decrease in the share price, the dividend increase is good news for shareholders, as it provides a further return on their investment. This is a positive development for FIRSTCASH HOLDINGS and continues to show its commitment to providing value to its shareholders. Live Quote…
Analysis – Firstcash Holdings Stock Fair Value
At GoodWhale, we strive to provide our customers with the most accurate assessment of the wellbeing of the enterprises they are considering investing in. In this case, our analysis of FIRSTCASH HOLDINGS has revealed that their intrinsic value is around $108.0 according to our proprietary Valuation Line. In other words, the current market price of $97.1 is a fair price, however it is currently undervalued by 10.1%. We believe that this is an opportunity for investors to take advantage of the current discount and invest in FIRSTCASH HOLDINGS now, for a potentially higher return in the future. More…
Peers
The company offers a variety of cash advance products and services to its customers. FirstCash Holdings Inc competes with a number of other companies in the cash advance industry, including Regional Management Corp, Ceejay Finance Ltd, Neil Industries Ltd.
– Regional Management Corp ($NYSE:RM)
Regional Management Corp. is a specialty finance company that provides personal loans, automobile loans, and credit solutions. The company operates in the United States and Puerto Rico. Regional Management Corp. was founded in 1987 and is headquartered in Greenville, South Carolina.
– Ceejay Finance Ltd ($BSE:530789)
Ceejay Finance Ltd is a company that provides financial services. The company has a market capitalization of $355.18 million as of 2022 and a return on equity of 9.78%. The company provides services such as loans, credit cards, and insurance. The company also provides investment services.
– Neil Industries Ltd ($BSE:539016)
Nirali Industries Ltd is an Indian company that manufactures and markets stainless steel products. The company has a market cap of 138.83M as of 2022 and a Return on Equity of -2.46%. Nirali Industries Ltd manufactures a range of stainless steel products including kitchenware, utensils, and appliances. The company has a strong presence in the Indian market and is expanding its operations into other markets such as the Middle East and Africa.
Summary
FirstCash Holdings Inc. has recently announced an increase in its dividend to $0.35 per share. To assess the investment potential of this stock, it is important to analyze the company’s financial performance, dividend history, and competitive landscape. FirstCash Holdings Inc. offers a strong balance sheet with low debt levels and a strong return on equity, indicating a low level of risk for investors. Moreover, the company has a track record of delivering consistent dividend payments over the past few years, making it an attractive option for income-seeking investors.
Additionally, the company operates in an industry with limited competition, providing a higher barrier to entry for potential competitors. In summary, FirstCash Holdings Inc. is a solid option for investors seeking a reliable dividend income and stable returns.
