Wall Street analysts expect Santander Consumer USA Holdings Inc (NYSE:SC) to post $1.92 billion in sales for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Santander Consumer USA’s earnings, with the highest sales estimate coming in at $1.94 billion and the lowest estimate coming in at $1.88 billion. Santander Consumer USA posted sales of $1.63 billion during the same quarter last year, which would indicate a positive year-over-year growth rate of 17.8%. The company is scheduled to report its next earnings report on Tuesday, April 23rd.

On average, analysts expect that Santander Consumer USA will report full year sales of $7.96 billion for the current year, with estimates ranging from $7.88 billion to $8.00 billion. For the next year, analysts forecast that the firm will post sales of $8.54 billion, with estimates ranging from $8.49 billion to $8.59 billion. Zacks’ sales averages are an average based on a survey of sell-side analysts that follow Santander Consumer USA.

Santander Consumer USA (NYSE:SC) last announced its quarterly earnings results on Wednesday, January 30th. The financial services provider reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.08). The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.16 billion. Santander Consumer USA had a return on equity of 13.10% and a net margin of 13.00%. Santander Consumer USA’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period last year, the firm earned $0.27 EPS.

SC has been the topic of several research reports. TheStreet raised Santander Consumer USA from a “c” rating to a “b-” rating in a research report on Wednesday, November 14th. Santander downgraded Santander Consumer USA to an “underweight” rating in a research report on Wednesday, January 16th. They noted that the move was a valuation call. Zacks Investment Research downgraded Santander Consumer USA from a “buy” rating to a “hold” rating in a research report on Friday, January 18th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $20.00 target price on shares of Santander Consumer USA in a research report on Wednesday, January 16th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $24.00.

In related news, insider Sunil Sajnani sold 5,946 shares of the stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $20.83, for a total transaction of $123,855.18. Following the sale, the insider now owns 20,802 shares of the company’s stock, valued at $433,305.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Richard Morrin sold 17,546 shares of the stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $20.65, for a total value of $362,324.90. The disclosure for this sale can be found here. 0.09% of the stock is currently owned by corporate insiders.

Large investors have recently modified their holdings of the stock. Macquarie Group Ltd. grew its position in Santander Consumer USA by 1,369.4% during the third quarter. Macquarie Group Ltd. now owns 91,100 shares of the financial services provider’s stock worth $1,826,000 after buying an additional 84,900 shares in the last quarter. BlackRock Inc. lifted its stake in Santander Consumer USA by 0.5% during the third quarter. BlackRock Inc. now owns 4,923,847 shares of the financial services provider’s stock worth $98,674,000 after purchasing an additional 22,079 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Santander Consumer USA by 134,428.4% during the third quarter. Envestnet Asset Management Inc. now owns 137,219 shares of the financial services provider’s stock worth $2,750,000 after purchasing an additional 137,117 shares during the last quarter. People s United Financial Inc. lifted its stake in Santander Consumer USA by 63.5% during the third quarter. People s United Financial Inc. now owns 55,882 shares of the financial services provider’s stock worth $1,120,000 after purchasing an additional 21,701 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in Santander Consumer USA by 7.0% during the third quarter. Bank of New York Mellon Corp now owns 848,587 shares of the financial services provider’s stock worth $17,006,000 after purchasing an additional 55,151 shares during the last quarter.

Shares of NYSE SC opened at $20.92 on Thursday. The company has a market cap of $7.28 billion, a price-to-earnings ratio of 8.24, a price-to-earnings-growth ratio of 0.41 and a beta of 1.07. Santander Consumer USA has a twelve month low of $15.55 and a twelve month high of $21.81.

The company also recently announced a quarterly dividend, which was paid on Thursday, February 21st. Stockholders of record on Monday, February 11th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 3.82%. The ex-dividend date was Friday, February 8th. Santander Consumer USA’s payout ratio is 31.50%.

About Santander Consumer USA

Santander Consumer USA Holdings Inc, a specialized consumer finance company, provides vehicle finance and third-party servicing in the United States. Its products and services include retail installment contracts and vehicle leases, as well as dealer loans for inventory, construction, real estate, working capital, and revolving lines of credit.

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Earnings History and Estimates for Santander Consumer USA (NYSE:SC)

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