Skip to content
Subscriber Only

Wall Street's Least-Loved Stock Is Now a Personal Loan Company

RF taxes tax accounting

Source: Getty Images

World Acceptance Corp., a company that specializes in small loans to people with limited credit, was already having a rough day after its first-quarter earnings miss. Now, an analyst downgrade has made it the least-loved stock on Wall Street.

Analysts at Janney Montgomery Scott LLC cut their rating on the stock to sell from neutral on Thursday, citing issues with the company’s credit quality. World Acceptance now has sell ratings from each of the four analysts tracked by Bloomberg, joining a dubious club of about eight stocks in the Russell 3000 Index that don’t have a single buy or hold rating. None of the others have more than one or two analysts, suggesting sentiment around World Acceptance is particularly bleak.