Aaron's (PRG) to Release Earnings on Wednesday

Aaron's (NYSE:PRG - Get Free Report) is projected to announce its Q2 2025 earnings results before the market opens on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.79 per share and revenue of $586.25 million for the quarter. Aaron's has set its Q2 2025 guidance at 0.750-0.850 EPS and its FY 2025 guidance at 2.900-3.300 EPS.

Aaron's (NYSE:PRG - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.08. The business had revenue of $684.09 million for the quarter, compared to the consensus estimate of $678.23 million. Aaron's had a net margin of 8.38% and a return on equity of 23.11%. The company's quarterly revenue was up 6.6% on a year-over-year basis. During the same period last year, the firm earned $0.91 earnings per share. On average, analysts expect Aaron's to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Aaron's Price Performance

Shares of PRG stock traded down $0.24 on Friday, hitting $28.60. 385,387 shares of the stock traded hands, compared to its average volume of 478,506. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 5.86 and a beta of 1.76. Aaron's has a 52 week low of $23.50 and a 52 week high of $50.28. The firm has a 50 day simple moving average of $29.22 and a two-hundred day simple moving average of $31.45. The company has a debt-to-equity ratio of 0.91, a current ratio of 4.98 and a quick ratio of 2.35.

Aaron's Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Tuesday, May 20th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Tuesday, May 20th. This represents a $0.52 annualized dividend and a dividend yield of 1.82%. Aaron's's payout ratio is 10.66%.

Insider Activity

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of PRG. Caxton Associates LLP purchased a new stake in shares of Aaron's in the 1st quarter valued at $233,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in 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 buying an additional 1,162 shares in the last quarter. Royal Bank of Canada boosted its holdings in 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 buying an additional 6,807 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in 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 buying an additional 7,542 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in Aaron's by 5.4% during the first quarter. Goldman Sachs Group Inc. now owns 313,611 shares of the company's stock worth $8,342,000 after buying an additional 16,126 shares in the last quarter. Institutional investors and hedge funds own 97.92% of the company's stock.

Analyst Upgrades and Downgrades

PRG has been the subject of a number of recent research reports. KeyCorp dropped their price objective on shares of Aaron's from $50.00 to $45.00 and set an "overweight" rating for the company in a research note on Thursday, April 24th. Loop Capital dropped their price objective on shares of Aaron's from $45.00 to $40.00 and set a "buy" rating for the company in a research note on Thursday, April 24th. Finally, BTIG Research cut shares of Aaron's from a "neutral" rating to a "sell" rating and set a $24.00 price objective for the company. in a research note on Monday, July 14th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Aaron's currently has an average rating of "Moderate Buy" and a consensus target price of $41.86.

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.