Aaron's (NYSE:PRG) Releases FY 2025 Earnings Guidance

Aaron's (NYSE:PRG - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 3.200-3.350 for the period, compared to the consensus earnings per share estimate of 3.124. The company issued revenue guidance of $2.5 billion-$2.5 billion, compared to the consensus revenue estimate of $2.5 billion. Aaron's also updated its Q3 2025 guidance to 0.700-0.750 EPS.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on PRG. BTIG Research downgraded shares of Aaron's from a "neutral" rating to a "sell" rating and set a $24.00 price target for the company. in a report on Monday, July 14th. KeyCorp lowered their target price on shares of Aaron's from $50.00 to $45.00 and set an "overweight" rating for the company in a report on Thursday, April 24th. Wall Street Zen downgraded shares of Aaron's from a "buy" rating to a "hold" rating in a report on Saturday. Finally, Loop Capital lowered their target price on shares of Aaron's from $45.00 to $40.00 and set a "buy" rating for the company in a report on Thursday, April 24th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $41.00.

Aaron's Trading Up 0.1%

Aaron's stock traded up $0.03 during trading on Friday, reaching $32.66. The company had a trading volume of 544,548 shares, compared to its average volume of 413,270. Aaron's has a 12-month low of $23.50 and a 12-month high of $50.28. The stock's 50 day moving average price is $29.40 and its two-hundred day moving average price is $30.99. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 6.45 and a beta of 1.77. The company has a debt-to-equity ratio of 0.89, a quick ratio of 2.35 and a current ratio of 5.71.

Aaron's (NYSE:PRG - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The company reported $1.02 earnings per share for the quarter, beating analysts' consensus estimates of $0.79 by $0.23. The firm had revenue of $604.66 million for the quarter, compared to analysts' expectations of $586.25 million. Aaron's had a net margin of 8.53% and a return on equity of 22.54%. Aaron's's revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.92 earnings per share. As a group, equities analysts expect that Aaron's will post 3.45 earnings per share for the current fiscal year.

Aaron's Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Tuesday, May 20th were given a dividend of $0.13 per share. The ex-dividend date was Tuesday, May 20th. This represents a $0.52 dividend on an annualized basis and a yield of 1.59%. Aaron's's dividend payout ratio (DPR) is 10.28%.

Insider Buying and Selling

In other Aaron's news, CFO Brian Garner purchased 3,500 shares of Aaron's stock in a transaction on Tuesday, May 13th. The shares were purchased at an average cost of $28.93 per share, with a total value of $101,255.00. Following the completion of the transaction, the chief financial officer directly owned 132,597 shares in the company, valued at approximately $3,836,031.21. This represents a 2.71% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Steven A. Michaels purchased 14,000 shares of Aaron's stock in a transaction on Monday, May 12th. The shares were acquired at an average cost of $29.03 per share, for a total transaction of $406,420.00. Following the completion of the transaction, the chief executive officer owned 559,641 shares of the company's stock, valued at $16,246,378.23. This represents a 2.57% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 3.21% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Caxton Associates LLP acquired a new position in shares of Aaron's during the first quarter worth $233,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Aaron's by 5.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,363 shares of the company's stock worth $648,000 after purchasing an additional 1,162 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Aaron's by 23.4% during the first quarter. Royal Bank of Canada now owns 35,910 shares of the company's stock worth $955,000 after purchasing an additional 6,807 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Aaron's by 6.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,423 shares of the company's stock worth $3,496,000 after purchasing an additional 7,542 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Aaron's by 5.4% in the first quarter. Goldman Sachs Group Inc. now owns 313,611 shares of the company's stock valued at $8,342,000 after acquiring an additional 16,126 shares in the last quarter. 97.92% of the stock is owned by institutional investors and hedge funds.

About Aaron's

PROG Holdings, Inc NYSE: PRG is a financial technology holding company based in Salt Lake City, Utah with three business segments: Progressive Leasing, which offers lease-to-own transactions primarily to credit-challenged consumers through e-commerce and point-of-sale retail partners, via online, mobile, and in-store solutions; Vive Financial, which provides consumers who may not qualify for traditional prime lending with a variety of second-look, revolving credit products through private label and branded credit cards; and Four Technologies, which provides consumers of all credit backgrounds Buy Now, Pay Later (BNPL) options through four interest-free installments via its platform, Four.