NASDAQ:RENT Rent the Runway (RENT) Stock Price, News & Analysis → Biden replacement revealed? (From Paradigm Press) (Ad) Free RENT Stock Alerts $12.07 +0.16 (+1.34%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$11.51▼$12.0750-Day Range$4.78▼$19.3852-Week Range$4.46▼$60.30Volume79,782 shsAverage Volume1.06 million shsMarket Capitalization$44.30 millionP/E RatioN/ADividend YieldN/APrice Target$31.88 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipShort InterestSocial Media Get Rent the Runway alerts: Email Address Rent the Runway MarketRank™ Stock AnalysisAnalyst RatingHold2.38 Rating ScoreUpside/Downside164.1% Upside$31.88 Price TargetShort InterestHealthy23.50% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.39Based on 6 Articles This WeekInsider TradingSelling Shares$131,156 Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($20.20) to ($21.20) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.06 out of 5 starsRetail/Wholesale Sector146th out of 199 stocksRetail Stores, Not Elsewhere Classified Industry8th out of 13 stocks 3.2 Analyst's Opinion Consensus RatingRent the Runway has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageRent the Runway has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted23.50% of the float of Rent the Runway has been sold short.Short Interest Ratio / Days to CoverRent the Runway has a short interest ratio ("days to cover") of 7.7.Change versus previous monthShort interest in Rent the Runway has recently decreased by 94.82%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldRent the Runway does not currently pay a dividend.Dividend GrowthRent the Runway does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RENT. Previous Next 3.0 News and Social Media Coverage News SentimentRent the Runway has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Rent the Runway this week, compared to 3 articles on an average week.Search Interest22 people have searched for RENT on MarketBeat in the last 30 days. This is an increase of 1,000% compared to the previous 30 days.MarketBeat Follows10 people have added Rent the Runway to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rent the Runway insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $131,156.00 in company stock.Percentage Held by InsidersOnly 9.05% of the stock of Rent the Runway is held by insiders.Percentage Held by Institutions73.10% of the stock of Rent the Runway is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Rent the Runway are expected to decrease in the coming year, from ($20.20) to ($21.20) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rent the Runway is -0.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Rent the Runway is -0.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Traders Agencytop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.Click here now for the full details of this stock that’s set to rocket in the AI revolution… About Rent the Runway Stock (NASDAQ:RENT)Rent the Runway, Inc. operates shared designer closet in the United States. The company offers evening wear and accessories, ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, and ski wear under subscription, rental, and resale offering. It also engages in the software development and support activities. The company was incorporated in 2009 and is headquartered in Brooklyn, New York.Read More RENT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RENT Stock News HeadlinesApril 24, 2024 | yahoo.comI’m a Shopping Editor & These Are The Only 5 Vacation Outfits You Need to PackApril 22, 2024 | msn.comRent the Runway's New Spring Collection Has Got Your Wedding Guest Wardrobe CoveredApril 24, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.April 22, 2024 | americanbankingnews.comRent the Runway, Inc. (NASDAQ:RENT) Given Average Recommendation of "Hold" by AnalystsApril 20, 2024 | americanbankingnews.comRent the Runway (NASDAQ:RENT) Shares Cross Above 200 Day Moving Average of $10.83April 20, 2024 | msn.comThe Best Wedding Guest Looks From Rent The Runway For Every Dress CodeApril 19, 2024 | ft.comRent the Runway needs more than AI to go from rags to richesApril 15, 2024 | finance.yahoo.comRent the Runway CEO Confident in Company's GrowthApril 24, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.April 14, 2024 | americanbankingnews.comThe Goldman Sachs Group Lowers Rent the Runway (NASDAQ:RENT) Price Target to $28.00April 12, 2024 | msn.comRent the Runway still vulnerable to volatile consumer spending environment - analystApril 12, 2024 | finance.yahoo.comRent the Runway, Inc. (NASDAQ:RENT) Q4 2023 Earnings Call TranscriptApril 11, 2024 | finance.yahoo.comRent the Runway Jumps a Record 162% After Earnings BeatApril 11, 2024 | investorplace.com5 Investors Betting Big on Rent the Runway (RENT) StockApril 11, 2024 | marketwatch.comRent the Runway Shares Surge on 1Q GuidanceApril 11, 2024 | fxstreet.comRent the Runway Stock News: RENT spikes 130% as NASDAQ gains on PPI inflationApril 11, 2024 | msn.comRent the Runway shares skyrocket on Q4 results, upbeat outlookApril 11, 2024 | finance.yahoo.comRent the Runway shares get caught up in AI frenzy, surge over 200%April 11, 2024 | finance.yahoo.comRent the Runway Stock Is Up More Than 100% Today. The Jump Doesn’t Make Up for Much.April 11, 2024 | finance.yahoo.comRent the Runway Stock Is Up More Than 100% TodayApril 11, 2024 | finance.yahoo.comRent the Runway Eyes Record Jump as Earnings Spark Revival HopeApril 11, 2024 | reuters.comRent the Runway shares triple after upbeat revenue forecast on AI betApril 11, 2024 | proactiveinvestors.comRent the Runway stock surges 170% on cheery 2024 outlookApril 11, 2024 | markets.businessinsider.comRent the Runway (RENT) Receives a Buy from JMP SecuritiesApril 11, 2024 | msn.comWhy Rent The Runway Shares Are Skyrocketing TodayApril 11, 2024 | finance.yahoo.comRent the Runway stock jumps on optimistic 2024 outlookApril 11, 2024 | investorplace.comWhy Is Rent the Runway (RENT) Stock Up 30% Today?See More Headlines Receive RENT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Rent the Runway and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings12/05/2023Today4/24/2024Next Earnings (Estimated)6/05/2024Fiscal Year End1/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorRetail/Wholesale Industry Retail stores, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:RENT CUSIP76017410 CIK800458 Webwww.renttherunway.com Phone212-524-6860FaxN/AEmployees1,104Year Founded2009Price Target and Rating Average Stock Price Target$31.88 High Stock Price Target$100.00 Low Stock Price Target$12.00 Potential Upside/Downside+168.8%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($33.22) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-113,200,000.00 Net Margins-37.96% Pretax Margin-37.89% Return on EquityN/A Return on Assets-35.72% Debt Debt-to-Equity RatioN/A Current Ratio2.12 Quick Ratio2.12 Sales & Book Value Annual Sales$298.20 million Price / Sales0.15 Cash FlowN/A Price / Cash FlowN/A Book Value($34.49) per share Price / Book-0.34Miscellaneous Outstanding Shares3,670,000Free Float3,340,000Market Cap$43.53 million OptionableOptionable Beta0.82 Social Links 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMs. Jennifer Y. Hyman (Age 43)President, Co-Founder, Chairman & CEO Comp: $1.49MMs. Jennifer Fleiss (Age 40)Co-Founder & Director Comp: $22kMr. Daniel Lee Rosensweig (Age 62)Advisor Comp: $27.25kMr. Siddharth B. Thacker (Age 47)Chief Financial Officer Ms. Cara Schembri (Age 47)Chief Legal & Administrative Officer Ms. Natalie McGrathChief Marketing OfficerMs. Sarah K. Tam (Age 50)Chief Merchant Officer Mr. Drew Rau (Age 45)Chief Supply Chain Officer Ms. Becky CaseSenior Vice President of EngineeringZachary Benjamin PhillipsSenior Vice President of ProductMore ExecutivesKey CompetitorsKirkland'sNASDAQ:KIRKYunjiNASDAQ:YJFossil GroupNASDAQ:FOSLHour LoopNASDAQ:HOURLL FlooringNYSE:LLView All CompetitorsInsiders & InstitutionsJennifer HymanSold 7,770 sharesTotal: $54,390.00 ($7.00/share)Siddharth ThackerSold 752 sharesTotal: $5,264.00 ($7.00/share)Cara SchembriSold 2,370 sharesTotal: $16,590.00 ($7.00/share)Zachary Benjamin PhillipsSold 97 sharesTotal: $717.80 ($7.40/share)CastleKnight Management LPBought 411,000 shares on 2/14/2024Ownership: 0.776%View All Insider TransactionsView All Institutional Transactions RENT Stock Analysis - Frequently Asked Questions Should I buy or sell Rent the Runway stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rent the Runway in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RENT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RENT, but not buy additional shares or sell existing shares. View RENT analyst ratings or view top-rated stocks. What is Rent the Runway's stock price target for 2024? 8 equities research analysts have issued twelve-month target prices for Rent the Runway's shares. Their RENT share price targets range from $12.00 to $100.00. On average, they predict the company's stock price to reach $31.88 in the next twelve months. This suggests a possible upside of 164.1% from the stock's current price. View analysts price targets for RENT or view top-rated stocks among Wall Street analysts. How have RENT shares performed in 2024? Rent the Runway's stock was trading at $10.55 at the start of the year. Since then, RENT stock has increased by 14.4% and is now trading at $12.07. View the best growth stocks for 2024 here. Are investors shorting Rent the Runway? Rent the Runway saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 352,500 shares, a decline of 94.8% from the March 15th total of 6,810,000 shares. Based on an average daily volume of 45,900 shares, the short-interest ratio is presently 7.7 days. Currently, 23.5% of the company's shares are sold short. View Rent the Runway's Short Interest. When is Rent the Runway's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 5th 2024. View our RENT earnings forecast. How were Rent the Runway's earnings last quarter? Rent the Runway, Inc. (NASDAQ:RENT) issued its earnings results on Tuesday, December, 5th. The company reported ($9.00) EPS for the quarter, missing analysts' consensus estimates of ($8.40) by $0.60. The firm earned $72.50 million during the quarter, compared to analyst estimates of $73.16 million. During the same period last year, the company posted ($9.40) earnings per share. When did Rent the Runway's stock split? Shares of Rent the Runway reverse split on the morning of Wednesday, April 3rd 2024. The 1-20 reverse split was announced on Wednesday, April 3rd 2024. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, April 3rd 2024. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split. What guidance has Rent the Runway issued on next quarter's earnings? Rent the Runway issued an update on its first quarter 2024 earnings guidance on Wednesday, April, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $73.0 million-$75.0 million, compared to the consensus revenue estimate of $75.0 million. What other stocks do shareholders of Rent the Runway own? Based on aggregate information from My MarketBeat watchlists, some companies that other Rent the Runway investors own include Alibaba Group (BABA), OPKO Health (OPK), American Airlines Group (AAL), Alnylam Pharmaceuticals (ALNY), Ambarella (AMBA), Broadcom (AVGO), Biogen (BIIB) and Walt Disney (DIS). When did Rent the Runway IPO? Rent the Runway (RENT) raised $332 million in an initial public offering on Wednesday, October 27th 2021. The company issued 17,000,000 shares at a price of $18.00-$21.00 per share. How do I buy shares of Rent the Runway? Shares of RENT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Rent the Runway have any subsidiaries? The following companies are subsidiares of Rent the Runway: Go Try It On.Read More This page (NASDAQ:RENT) was last updated on 4/24/2024 by MarketBeat.com Staff From Our PartnersHe Is Giving Away BitcoinCrypto Swap Profitstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressPentagon contract could send this $2 AI stock soaringBehind the MarketsDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingEmergency: Biden's $20 Trillion Mistake Could Cost YOU!GoldenCrest MetalsExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersThe #1 Crypto for 2024InvestorPlace Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Rent the Runway, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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