New insider activity at World Acceptance ( (WRLD) ) has taken place on February 25, 2025.
John Calmes, the EVP, Chief Financial & Strategy Officer, and Treasurer of World Acceptance, has recently sold 1,000 shares of the company’s stock. This transaction was valued at $145,000.
Recent Updates on WRLD stock
World Acceptance Corporation’s recent Q3 earnings call highlighted a positive outlook for the company, with significant improvements in portfolio yields, customer base growth, and approval rates. The company reported a 6.6% growth in its loan portfolio and a 7% increase in its customer base, indicating successful strategic shifts and a return to pre-pandemic growth levels. Despite these positive developments, challenges remain in managing their large loan portfolio and refinance rate limitations. The company’s focus on credit quality and strategic customer investment has strengthened its financial position, contributing to a 1% rise in stock price. However, net income decreased to $13.4 million due to higher provisions for credit losses, reflecting a cautious approach to credit risk management.
More about World Acceptance
YTD Price Performance: 24.59%
Average Trading Volume: 25,104
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $804.2M
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