Santander Consumer USA Holdings Inc (NYSE:SC) – Research analysts at Oppenheimer issued their FY2017 EPS estimates for Santander Consumer USA in a note issued to investors on Monday. Oppenheimer analyst B. Chittenden forecasts that the financial services provider will post earnings of $2.01 per share for the year. Oppenheimer currently has a “Hold” rating on the stock. Oppenheimer also issued estimates for Santander Consumer USA’s Q4 2017 earnings at $0.32 EPS, Q1 2018 earnings at $0.53 EPS, Q2 2018 earnings at $0.71 EPS, Q3 2018 earnings at $0.49 EPS, Q4 2018 earnings at $0.41 EPS, FY2018 earnings at $2.15 EPS and FY2019 earnings at $2.22 EPS.
Santander Consumer USA (NYSE:SC) last released its quarterly earnings data on Friday, October 27th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.13. Santander Consumer USA had a net margin of 10.17% and a return on equity of 11.33%. The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the previous year, the firm earned $0.56 earnings per share. Santander Consumer USA’s revenue for the quarter was down 4.9% on a year-over-year basis.
Shares of Santander Consumer USA (SC) opened at $18.79 on Thursday. Santander Consumer USA has a 52 week low of $11.12 and a 52 week high of $19.02. The stock has a market cap of $6,760.00, a P/E ratio of 10.10 and a beta of 1.32.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Santander Consumer USA by 4.7% in the second quarter. Vanguard Group Inc. now owns 9,032,559 shares of the financial services provider’s stock valued at $115,256,000 after acquiring an additional 403,894 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Santander Consumer USA by 1.6% in the third quarter. Dimensional Fund Advisors LP now owns 4,491,731 shares of the financial services provider’s stock valued at $69,037,000 after acquiring an additional 71,016 shares in the last quarter. Harbor Spring Capital LLC raised its holdings in Santander Consumer USA by 12.9% in the second quarter. Harbor Spring Capital LLC now owns 3,363,110 shares of the financial services provider’s stock valued at $42,913,000 after acquiring an additional 384,110 shares in the last quarter. Canyon Capital Advisors LLC raised its holdings in Santander Consumer USA by 13.6% in the second quarter. Canyon Capital Advisors LLC now owns 3,057,332 shares of the financial services provider’s stock valued at $39,012,000 after acquiring an additional 367,102 shares in the last quarter. Finally, Wells Fargo & Company MN raised its holdings in Santander Consumer USA by 20.4% in the second quarter. Wells Fargo & Company MN now owns 1,833,205 shares of the financial services provider’s stock valued at $23,392,000 after acquiring an additional 310,796 shares in the last quarter. 91.44% of the stock is currently owned by hedge funds and other institutional investors.
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About Santander Consumer USA
Santander Consumer USA Holdings Inc is the holding company for Santander Consumer USA Inc, and subsidiaries, a consumer finance company focused on vehicle finance and third party servicing. The Company operates through Consumer Finance segment. Its Consumer Finance business is focused on vehicle financial products and services, including retail installment contracts, vehicle leases, and dealer loans, as well as financial products and services related to motorcycles, recreational vehicles (RVs), and marine vehicles.
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