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Kingsway to Host Investor Day At The New York Stock Exchange on Monday, May 18, 2026
Accessnewswire· 2026-03-05 21:05
Core Viewpoint - Kingsway Financial Services Inc. is set to host an Investor Day following its Annual General Meeting on May 18, 2026, in New York City, highlighting its unique position as the only publicly-traded US company utilizing the Search Fund model for business acquisitions and development [1]. Company Announcement - The event will feature President and CEO JT Fitzgerald and Executive Vice President and CFO Kent A., indicating a focus on engaging with investors and discussing the company's strategic direction [1].
McRae Industries, Inc. Dividend Declared
Prnewswire· 2026-03-05 19:06
McRae Industries, Inc. Dividend Declared Accessibility Statement Skip NavigationMOUNT GILEAD, N.C., March 5, 2026 /PRNewswire/ -- McRae Industries, Inc. (Pink Sheets: MCRAA and MCRAB) declared a dividend of $.14 per share on the Company's Class A and Class B Common Stock payable on April 1, 2026 to shareholders of record on March 18, 2026.SOURCE McRae Industries, Inc.## 21%more press release views with Request a Demo## Also from this source### McRae Industries, Inc. Dividend DeclaredMcRae Industries, Inc. ( ...
Horizon Technology Finance Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses
Globenewswire· 2026-03-05 18:54
Core Viewpoint - Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Horizon Technology Finance Corporation regarding possible recovery of investor losses under federal securities laws [1]. Group 1: Financial Performance - Horizon Technology Finance Corporation reported a net investment income of $0.18 per share for Q4 2025, a decrease from $0.32 per share in Q3 2025 [3]. - Following the financial disclosures, Horizon Technology Finance's common stock experienced a decline of approximately 23% in the subsequent trading day [3]. Group 2: Legal Investigation - The investigation by Johnson Fistel focuses on whether Horizon Technology Finance complied with federal securities laws in light of the recent financial disclosures [4]. - Investors who suffered losses from their investment in Horizon Technology Finance stock are encouraged to contact Johnson Fistel for potential claims [4]. Group 3: Firm Background - Johnson Fistel, PLLP is a nationally recognized shareholder-rights law firm with multiple offices across the United States, representing both individual and institutional investors [5]. - The firm has been recognized among the Top 10 Plaintiff Law Firms in 2024, having recovered approximately $90.725 million for clients in securities class action lawsuits [6].
X @Bloomberg
Bloomberg· 2026-03-05 17:53
Morgan Stanley Cuts Jobs Across All of Its Business Lines. Listen for more on Bloomberg Intelligence.https://t.co/l2vuKRiJYg ...
OppFi Stock Q4 Earnings Preview: Buy Now or Wait for Results?
ZACKS· 2026-03-05 17:45
Core Insights - OppFi Inc. (OPFI) is set to report its fourth-quarter 2025 results on March 11, with expected revenues of $159.8 million, reflecting a 17.7% increase from the previous year, and earnings per share (EPS) estimated at 28 cents, indicating a 21.7% rise year-over-year [1][8] Financial Performance - The company has a strong earnings surprise history, having exceeded the Zacks Consensus Estimate in the last four quarters with an average earnings surprise of 52.2% [2] - OPFI's Earnings ESP is currently at 0.00%, and it holds a Zacks Rank of 3 (Hold), suggesting a lower likelihood of an earnings beat this time [3][4] Strategic Initiatives - OPFI's customer-first strategy, supported by AI and machine learning, has led to a significant increase in auto-approval rates, rising to 79.1% in Q3 2025 from 76.8% a year earlier, showcasing operational efficiency through technological advancements [5][8] - The company reported an 80-basis-point decrease in net charge-offs as a percentage of revenues in Q3 2025, indicating effective risk management and margin expansion [13] Market Position and Valuation - OppFi's stock has underperformed compared to its peers, with a 5.2% decline over the past year, while the industry average fell by 18.6%. In contrast, competitors Sezzle and Green Dot saw increases of 99.3% and 60.1%, respectively [6] - The stock is currently trading at a trailing 12-month price-to-earnings ratio of 5.39, significantly lower than the industry average of 18.54, indicating an appealing valuation [10] Financial Health - OPFI maintains a solid balance sheet with a current ratio of 1.76, surpassing the previous year's 1.53 and the industry average of 1.14, and it holds no long-term debt, reducing insolvency risks [15] - The company has increased its revenue and earnings outlook for 2026, leveraging its technological capabilities and risk management strategies [14] Investment Considerations - While OPFI has established a robust credit risk management framework, credit risk remains a concern due to the demographic it serves, which could pose challenges for investors [16] - The company’s current Zacks Rank suggests caution, advising investors to monitor developments closely before making investment decisions [18]
Mace Consult Launches as a Standalone Company to Set New Standards for Program and Project Delivery
Prnewswire· 2026-03-05 16:29
Core Insights - Mace Consult has launched as a standalone company following a majority investment from Goldman Sachs Alternatives, aiming to set new standards in program and project delivery [1] - The company operates with over 5,500 professionals across six continents, focusing on delivering impactful infrastructure and capital programs [1] - Mace Consult generated nearly US$1 billion in revenue in 2025, indicating strong growth and market presence [1] Company Overview - Mace Consult is now one of the largest independent project and program consulting businesses globally, having completed a carve-out from Mace Group [1] - The company retains the Mace brand and is led by CEO Davendra Dabasia, who emphasizes the importance of capital and strategic backing for scaling operations, particularly in North America [1] - Mace Consult has partnered with clients on significant infrastructure projects, including the London 2012 Olympic Games and various major programs in the UK, US, Canada, and Saudi Arabia [1] Investment and Growth Strategy - The investment from Goldman Sachs Alternatives is intended to accelerate growth in key markets such as infrastructure, clean energy, and digital connectivity [1] - Mace Consult's service offerings include Strategic Advisory, Cost and Commercial Management, Program Management Office (PMO), and Program and Project Management, which facilitate effective governance and decision-making [1] - The company aims to enhance its digital tools to improve predictability, automation, and control in project delivery [1] Market Position and Future Outlook - Mace Consult's entrepreneurial culture and commitment to client outcomes distinguish it in the industry, as noted by Goldman Sachs Alternatives [1] - The company is focused on managing delivery for clients and ensuring accountability among stakeholders throughout the project lifecycle [1] - Mace Consult's holistic service approach is designed to address the complexities of major infrastructure programs, which often involve multiple organizations and significant financial resources [1]
First American Financial (FAF) is a Top-Ranked Momentum Stock: Should You Buy?
ZACKS· 2026-03-05 15:51
Core Insights - Zacks Premium offers tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1] Zacks Style Scores - Zacks Style Scores are indicators that help investors select stocks likely to outperform the market in the next 30 days, rated from A to F based on value, growth, and momentum characteristics [2] Value Score - The Value Style Score focuses on identifying undervalued stocks using ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to find attractive investment opportunities [3] Growth Score - The Growth Style Score evaluates a company's future prospects and financial health by analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Style Score identifies optimal times to invest based on trends in stock price and earnings outlook, utilizing factors like one-week price change and monthly earnings estimate changes [5] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator that assesses stocks based on value, growth, and momentum [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors, with 1 (Strong Buy) stocks achieving an average annual return of +23.86% since 1988, significantly outperforming the S&P 500 [7] - There are over 800 stocks rated 1 or 2, making it essential for investors to utilize Style Scores to narrow down their choices [8] Stock to Watch: First American Financial (FAF) - First American Financial, based in Santa Ana, CA, provides services for homebuyers, sellers, and real estate professionals, and was listed on the NYSE in 2010 [11] - FAF holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of A and a Momentum Style Score of B, having increased by 6.4% in the past four weeks [12] - Analysts have revised earnings estimates higher for fiscal 2026, with the Zacks Consensus Estimate rising by $0.15 to $6.32 per share, and FAF has an average earnings surprise of +23% [12] - With a solid Zacks Rank and strong Style Scores, FAF is recommended for investors' consideration [13]
Down 5% in 4 Weeks, Here's Why You Should You Buy the Dip in Ellington Financial (EFC)
ZACKS· 2026-03-05 15:35
Core Viewpoint - Ellington Financial Inc. (EFC) has experienced a downtrend with a 5.1% decline over the past four weeks, but it is now in oversold territory, suggesting a potential turnaround as analysts expect better earnings than previously predicted [1]. Group 1: Technical Analysis - The Relative Strength Index (RSI) is a momentum oscillator that indicates whether a stock is oversold, with readings below 30 typically signaling oversold conditions [2]. - EFC's current RSI reading of 28.97 suggests that heavy selling may be exhausting, indicating a possible bounce back towards equilibrium in supply and demand [5]. - Stocks oscillate between overbought and oversold regardless of their fundamentals, and the RSI helps identify potential reversal points for investors [3]. Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts regarding EFC's earnings estimates, with a 0.5% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7]. - EFC holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a strong potential for a near-term turnaround [8].
Bread Financial Holdings, Inc. (BFH) Announces Board Approval of a $600 Million Increase to its Existing Share Repurchase Authorization
Yahoo Finance· 2026-03-05 14:55
Core Viewpoint - Bread Financial Holdings, Inc. (NYSE:BFH) is recognized as a promising growth stock with a recent increase in share repurchase authorization and positive analyst ratings indicating potential upside in valuation [1][3]. Group 1: Share Repurchase Authorization - On February 26, 2026, the board of Bread Financial approved a $600 million increase to its existing share repurchase authorization, bringing the total to $765 million with no expiration date [2]. - As of December 31, 2025, the company had $240 million remaining under the previous program and repurchased an additional $75 million of shares during 2026, leaving $165 million available prior to the new approval [2]. Group 2: Analyst Ratings and Earnings Outlook - Evercore ISI analyst John Pancari upgraded Bread Financial to an Outperform rating from In Line and raised the price target to $90 from $81, citing improving earnings trends and well-managed credit risk [3]. - The updated EPS outlook for Bread Financial is modestly above Street expectations, indicating a positive growth trajectory and solid capital returns [3]. Group 3: Company Overview - Bread Financial provides technology-driven payment and lending solutions in North America, including credit card and loan financing services, underwriting, funding, and risk management for private label and co-brand credit card programs [4].
X @Cointelegraph
Cointelegraph· 2026-03-05 14:11
RT MSB Intel (@MSBIntel)🔥 THE NEW YORK STOCK EXCHANGE’S PARENT COMPANY, ICE, INVESTS IN OKX AT A $25B VALUATION.ICE’s investment comes as OKX expands into blockchain-based stock trading infrastructure. https://t.co/8z8pCZzVP3 ...