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

Aaron's (NYSE:PRG - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 3.200-3.350 for the period, compared to the consensus EPS 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.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Loop Capital lowered their target price on Aaron's from $45.00 to $40.00 and set a "buy" rating for the company in a report on Thursday, April 24th. KeyCorp reduced their price objective on Aaron's from $50.00 to $45.00 and set an "overweight" rating for the company in a research report on Thursday, April 24th. Finally, BTIG Research downgraded Aaron's from a "neutral" rating to a "sell" rating and set a $24.00 price objective for the company. in a research report on Monday, July 14th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $41.86.

Aaron's Stock Performance

Shares of NYSE PRG traded up $0.03 during midday trading on Friday, hitting $32.66. 544,548 shares of the company's stock were exchanged, compared to its average volume of 508,422. The company has a debt-to-equity ratio of 0.89, a current ratio of 5.71 and a quick ratio of 2.35. The stock's 50 day moving average price is $29.35 and its 200-day moving average price is $31.13. The firm has a market cap of $1.32 billion, a P/E ratio of 6.45 and a beta of 1.77. Aaron's has a twelve month low of $23.50 and a twelve month high of $50.28.

Aaron's (NYSE:PRG - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.23. The business had revenue of $604.66 million during the quarter, compared to the consensus estimate of $586.25 million. Aaron's had a return on equity of 22.54% and a net margin of 8.53%. The business's revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.92 earnings per share. Equities research analysts anticipate that Aaron's will post 3.45 EPS for the current year.

Aaron's Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Tuesday, May 20th were given a $0.13 dividend. The ex-dividend date of this dividend 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 10.66%.

Insider Buying and Selling

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

Institutional Investors Weigh In On Aaron's

A number of institutional investors have recently added to or reduced their stakes in the company. 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 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,423 shares of the company's stock valued at $3,496,000 after acquiring an additional 7,542 shares during the last quarter. Caxton Associates LLP acquired a new stake in shares of Aaron's during the 1st quarter valued at $233,000. Goldman Sachs Group Inc. lifted its position in shares of Aaron's by 5.4% during the 1st 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 during the last quarter. Millennium Management LLC lifted its position in shares of Aaron's by 62.7% during the 1st quarter. Millennium Management LLC now owns 673,405 shares of the company's stock valued at $17,913,000 after acquiring an additional 259,630 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Aaron's by 5.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,363 shares of the company's stock valued at $648,000 after acquiring an additional 1,162 shares during the last quarter. 97.92% of the stock is currently owned by institutional investors and hedge funds.

Aaron's Company Profile

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.