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Consumer Portfolio Service Value Stock - Dividend - Research Selection

Consumer portfolio service

ISIN: US2105021008 , WKN: 886210

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Description of the company

Consumer Portfolio Services, Inc. operates as a specialty finance company in the United States. It purchases and services retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans. The company, through its automobile contract purchases, offers indirect financing to the customers of dealers with limited credit histories, low incomes, or past credit problems. It serves as an alternative source of financing for dealers, facilitating sales to customers who might not be able to obtain financing from commercial banks, credit unions, and the captive finance companies. The company also acquires installment purchase contracts in four merger and acquisition transactions; and offers financing directly to sub-prime consumers to facilitate their purchase of a new or used automobile, light truck, or passenger van. Consumer Portfolio Services, Inc. services its automobile contracts through its branches in California, Nevada, Virginia, Florida, and Illinois. The company was founded in 1991 and is headquartered in Irvine, California.

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NEWS


CPS Announces $319.9 Million Senior Subordinate Asset-Backed Securitization

2024-04-23
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. In the transaction, qualified institutional buyers pur

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) adds US$18m in market cap and insiders have a 36% stake in that gain

2024-04-16
Key Insights Consumer Portfolio Services' significant insider ownership suggests inherent interests in company's...

Consumer Portfolio Services Finalizes Executive Compensation Plan

2024-04-16
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Root, Cipher Mining among financial movers

2024-04-11
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Consumer Portfolio Services Unveils Financial Insights Presentation

2024-04-09
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Consumer Portfolio Services Appoints Gateway to Lead Expanded Investor Relations Program

2024-04-03
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 corp

CPS Announces Renewal of $200 Million Credit Facility

2024-04-01
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. Loans under the renewed credit agreement will be secured by automobile receivables that CPS now holds, will originate directly, or will purchase from dealers in the future. CPS may borrow on a revolving basis through March 31, 2026, after which CPS w

CPS Announces $50.0 Million Securitization of Residual Interests

2024-03-22
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. In the transaction, a qualified institutional buyer purchased $50.0 million of asset-backed notes secured by an 80% interest in a CPS affiliate that owns the residual interests in five CPS securitizations issued from January 2022 through January 20

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

2024-03-19
Consumer Portfolio Services, Inc. (NASDAQ:CPSS) Q4 2023 Earnings Call Transcript March 18, 2024 Consumer Portfolio Services, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, everyone, and welcome to the Consumer Portfolio Services 2023 Fourth Quarter Operating Results […]

Q4 2023 Consumer Portfolio Services Inc Earnings Call

2024-03-19
Q4 2023 Consumer Portfolio Services Inc Earnings Call