Santander Consumer USA Receives a Hold from RBC Capital

By Ryan Adsit

RBC Capital analyst Jason Arnold reiterated a Hold rating on Santander Consumer USA (NYSE: SC) yesterday and set a price target of $14. The company’s shares closed yesterday at $12.96.

According to, Arnold is a 5-star analyst with an average return of 11.8% and a 69.1% success rate. Arnold covers the Financial sector, focusing on stocks such as Discover Financial Services, Apollo Investment Corp, and Capital One Financial.

Santander Consumer USA has an analyst consensus of Moderate Buy, with a price target consensus of $15.10.

Based on Santander Consumer USA’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.76 billion and quarterly net profit of $143 million. In comparison, last year the company earned revenue of $1.77 billion and had a net profit of $283 million.

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2017, Richard Morrin, the EVP, New Business of SC sold 9,791 shares for a total of $122,583.

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Santander Consumer USA Holdings, Inc. engages in the provision of vehicle finance and third-party services. It offers retail installment contracts, vehicle leases, and dealer loans; as well as financial products and services related to motorcycles, recreational vehicles, and marine vehicles.