America's Car-Mart, Inc. (CRMT) Securitization Transaction Highlights

• Issued $172 million in asset-backed notes with a weighted average coupon of 5.46%.
• Class A Notes were almost eight times oversubscribed, and Class B Notes nearly 16 times oversubscribed.
• Anticipates quarterly earnings on September 4, 2025, with an EPS of $0.69 and projected revenue of $359.2 million.

America's Car-Mart, Inc. (NASDAQ:CRMT) has made significant strides with its recent term securitization transaction, issuing $172 million in asset-backed notes. This move underscores the company's robust securitization platform, as highlighted by CEO Douglas Campbell. The transaction includes $133.34 million of Class A Notes with a 5.01% coupon rate and $38.62 million of Class B Notes with a 6.08% coupon rate, resulting in an overall weighted average coupon of 5.46%.

The strong demand for these notes is evident, with Class A Notes being almost eight times oversubscribed and Class B Notes nearly 16 times oversubscribed, as noted by CFO Jonathan Collins. This high market interest has led to improved pricing for the notes, marking the fourth consecutive improvement in the overall weighted average coupon. The company has also reduced its weighted average spread by 308 basis points since the 2024-1 transaction.

America's Car-Mart operates automotive dealerships in 12 states, focusing on the "Integrated Auto Sales and Finance" segment of the used car market. The company primarily serves smaller cities throughout the South-Central United States. As CRMT prepares to release its quarterly earnings on September 4, 2025, Wall Street analysts estimate an earnings per share (EPS) of $0.69, with projected revenue of approximately $359.2 million.

Currently, CRMT's stock price is $45.09, reflecting a decrease of approximately 3.00%, with a drop of $1.40. The stock has traded between a low of $45.09 and a high of $46.40 today. Over the past year, CRMT has seen a high of $62.72 and a low of $36.40. The company's market capitalization is approximately $373.2 million, with a trading volume of 25,739 shares on the NASDAQ exchange.