New insider activity at World Acceptance ( (WRLD) ) has taken place on February 19, 2025.
In recent transactions involving World Acceptance stock, Luke J. Umstetter divested 650 shares, resulting in a sale worth $97,839. Additionally, Scott McIntyre, the Senior Vice President of Accounting, sold 2,000 shares, amounting to a total of $300,444.
Recent Updates on WRLD stock
World Acceptance Corporation recently reported its Q3 earnings for fiscal 2025, showcasing a positive financial performance with total revenues increasing to $138.6 million due to improved loan growth and a focus on credit quality. Despite a decrease in net income to $13.4 million, influenced by higher provisions for credit losses, the company maintained a strong credit quality and experienced sequential growth in gross loans, along with a reduction in delinquency rates. The earnings call highlighted significant improvements in portfolio yields, customer base expansion, and approval rates. However, challenges related to managing their large loan portfolio and limitations in refinance rates were acknowledged. The company’s strategic focus on investing in top customers and performance monitoring has positioned it well for future growth, contributing to a 1% rise in stock price, reflecting positive investor sentiment.
More about World Acceptance
YTD Price Performance: 35.55%
Average Trading Volume: 24,713
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $874.9M
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