World Acceptance Corporation operates as a consumer finance company in the United States. It primarily offers short-term small loans, medium-term larger loans, related credit insurance products, and ancillary products and services to individuals. The company also provides income tax return preparation, electronic filing, and refund anticipation loans through a third party bank to its customers, as well as to non-loan customers. In addition, World Acceptance Corporation markets automobile club memberships to its borrowers. It also sells credit insurance to customers in connection with its loans as an agent. The company’s ParaData Financial Systems subsidiary provides data processing systems to financial services companies. As of March 31, 2008, it operated through 838 offices in South Carolina, Georgia, Texas, Oklahoma, Louisiana, Tennessee, Illinois, Missouri, New Mexico, Kentucky, Alabama, and Mexico. The company was founded in 1962 and is headquartered in Greenville, South Carolina
Analysts'
Recommendation: | Buy |
| 30 Days Ago: | Buy |
|
| Analysts' Target: | $46 |
| Analysts' Targets |
| Ferris Baker Watts | $46 |
| Strong Buy |
| Friday, April 25, 2008 |
$32.57 (08/12/08)
