Consumer Portfolio Services
CPSS

$10

4.67%

Market Cap: 210M

About: Consumer Portfolio Services Inc is a U.S.-based company operating in the specialty finance sector. Its business is to purchase and service retail automobile contracts originated by franchised automobile dealers and, to a lesser extent, by select independent dealers in the United States in the sale of new and used automobiles, light trucks, and passenger vans. Through its automobile contract purchases, the company provides indirect financing to the customers of dealers having limited credit histories, low incomes, or past credit problems, who it refers to as sub-prime customers. It serves as an alternative source of financing for dealers, facilitating sales to customers.

Employees: 902

Financials Finance Services

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

33% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 3

2% more funds holding

Funds holding: 49 [Q4 2023] → 50 (+1) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

0.19% less ownership

Funds ownership: 47.98% [Q4 2023] → 47.79% (-0.19%) [Q1 2024]

19% less capital invested

Capital invested by funds: $94.8M [Q4 2023] → $76.4M (-$18.4M) [Q1 2024]

35% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 20

57% less call options, than puts

Call options by funds: $30K | Put options by funds: $70K

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Research analyst outlook

We haven’t received any recent analyst ratings for CPSS.

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Financial journalist opinion

CPS Announces Renewal of $200 Million Credit Facility

LAS VEGAS, Nevada, July 11, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that on July 11, 2024, it renewed its two-year revolving credit agreement with Citibank, N.A.

CPS Announces Renewal of $200 Million Credit Facility

CPS Announces $436.31 Million Senior Subordinate Asset-Backed Securitization

LAS VEGAS, Nevada, June 26, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) announced the closing of its third term securitization in 2024 on Wednesday June 26, 2024. The transaction is CPS's 52nd senior subordinate securitization since the beginning of 2011 and the 35th consecutive securitization to receive a triple “A” rating from at least two rating agencies on the senior class of notes.

CPS Announces $436.31 Million Senior Subordinate Asset-Backed Securitization

CPS Announces First Quarter 2024 Earnings

LAS VEGAS, NV, May 10, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced earnings of $4.6 million, or $0.19 per diluted share, for its first quarter ended March 31, 2024. This compares to a net income of $13.8 million, or $0.54 per diluted share, in the first quarter of 2023.

CPS Announces First Quarter 2024 Earnings

CPS Announces $319.9 Million Senior Subordinate Asset-Backed Securitization

LAS VEGAS, Nevada, April 23, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) announced the closing of its second term securitization in 2024 on Tuesday April 23, 2024. The transaction is CPS's 51st senior subordinate securitization since the beginning of 2011 and the 34th consecutive securitization to receive a triple “A” rating from at least two rating agencies on the senior class of notes.

CPS Announces $319.9 Million Senior Subordinate Asset-Backed Securitization

Consumer Portfolio Services Appoints Gateway to Lead Expanded Investor Relations Program

LAS VEGAS, NV, April 03, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”), an independent specialty finance technology company that provides indirect automobile financing to individuals with past credit problems, low incomes or limited credit histories, has appointed Gateway Group, a leading strategic financial communications and capital markets advisory firm, to manage its expanded investor relations program initiatives, including providing corporate messaging and other consulting services to the Company.

Consumer Portfolio Services Appoints Gateway to Lead Expanded Investor Relations Program

CPS Announces Renewal of $200 Million Credit Facility

LAS VEGAS, Nevada, April 01, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that on March 29, 2024, it renewed its two-year revolving credit agreement with Ares Agent Services, L.P.

CPS Announces Renewal of $200 Million Credit Facility

CPS Announces $50.0 Million Securitization of Residual Interests

LAS VEGAS, Nevada, March 22, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced the closing of a $50.0 million securitization of residual interests from previously issued securitizations.

CPS Announces $50.0 Million Securitization of Residual Interests

Consumer Portfolio Services, Inc. (CPSS) Q4 2023 Earnings Call Transcript

Consumer Portfolio Services, Inc. (CPSS) Q4 2023 Earnings Call Transcript

Consumer Portfolio Services, Inc. (CPSS) Q4 2023 Earnings Call Transcript

CPS Announces Fourth Quarter and Full Year 2023 Earnings

LAS VEGAS, NV, March 15, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced earnings of $7.2 million, or $0.29 per diluted share, for its fourth quarter ended December 31, 2023. This compares to a net income of $14.1 million, or $0.59 per diluted share, in the fourth quarter of 2022.

CPS Announces Fourth Quarter and Full Year 2023 Earnings

CPS to Host Conference Call on Fourth Quarter 2023 Earnings

LAS VEGAS, Nevada, March 14, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that it will hold a conference call on Monday, March 18, 2024 at 1:00 p.m. ET to discuss its fourth quarter 2023 operating results.

CPS to Host Conference Call on Fourth Quarter 2023 Earnings

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