First Cash Financial stock reaches all-time high at 135.6 USD

First Cash Financial (NASDAQ:FCFS) stock achieved an all-time high, reaching a price of 135.6 USD, with a market capitalization of $6.04 billion. According to InvestingPro analysis, the company’s financial health score is rated as "GREAT," supported by strong liquidity with a current ratio of 4.39. This milestone reflects the company’s strong performance, with an even more impressive 27.18% return over the past six months and steady revenue growth of 5.06%. The company has maintained dividend payments for 10 consecutive years, with 8.57% dividend growth in the last year. This upward trajectory is indicative of investor confidence and positive market sentiment surrounding First Cash Financial’s operations and growth prospects. The stock’s impressive rise to an all-time high underscores the company’s resilience and strategic initiatives in the financial services sector. InvestingPro subscribers can access 8 additional key insights about First Cash Financial’s growth potential and valuation metrics.

In other recent news, FirstCash Holdings, Inc. reported first-quarter earnings that surpassed analyst predictions, largely due to a surge in demand for pawn loans and a strong performance in its retail point-of-sale payment solutions segment. The company posted adjusted earnings per share of $2.07, exceeding the consensus estimate of $1.73, while revenue reached $836.4 million, slightly above the anticipated $835.4 million. This marks a period of robust growth for FirstCash, with same-store pawn receivables increasing by 13% in the U.S. and 14% in Latin America. Additionally, the U.S. pawn segment’s pre-tax operating income rose by 17% year-over-year to $113 million, and the retail POS payment solutions segment saw pre-tax operating income surge by 58% to $52 million.

In corporate governance developments, FirstCash stockholders approved executive compensation and elected directors Daniel R. Feehan, Paula K. Garrett, and Marthea Davis for a three-year term during the company’s Annual Meeting. The stockholders also ratified the appointment of RSM LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025. Meanwhile, Loop Capital Markets raised its price target for FirstCash to $145 from $140, maintaining a Buy rating. Analyst Anthony Chukumba from Loop Capital expressed confidence in FirstCash’s performance amid challenging macroeconomic conditions, highlighting the company’s strong earnings results. These developments underscore the positive outlook for FirstCash as it navigates the current economic landscape.

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