Rent-A-Center, Inc., together with its subsidiaries, leases household durable goods to customers on a rent-to-own basis. The company operates through four segments: Core U.S., Acceptance Now, Mexico, and Franchising. It offers durable products, such as consumer electronics; appliances; computers, including tablets; smartphones; and furniture, including accessories under rental purchase agreements. The company also provides merchandise on an installment sales basis; and offers the rent-to-own transaction to consumers who do not qualify for financing from the traditional retailer through kiosks within retailer's locations. It operates retail installment sales stores under the Get It Now and Home Choice names; and rent-to-own and franchised rent-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names. As of December 31, 2017, the company owned and operated approximately 2,381 stores in the United States, Canada, and Puerto Rico, including 45 retail installment sales stores; 1,106 Acceptance Now staffed locations in 42 states and Puerto Rico; 125 Acceptance Now Direct locations; and 131 stores in Mexico, as well as franchised 225 rent-to-own stores in 31 states under the Rent-A-Center, ColorTyme, and RimTyme names. Rent-A-Center, Inc. was founded in 1986 and is headquartered in Plano, Texas.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Equipment rental & leasing, not elsewhere classified
Sub-IndustryComputer & Electronics Retail
SectorConsumer Discretionary
SymbolNASDAQ:RCII
CUSIP76009N10
Phone972-801-1100
Debt
Debt-to-Equity Ratio2.34
Current Ratio2.51
Quick Ratio0.58
Price-To-Earnings
Trailing P/E Ratio-27.30
Forward P/E Ratio22.00
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.70 billion
Price / Sales0.29
Cash Flow$12.5983 per share
Price / Cash1.17
Book Value$5.11 per share
Price / Book2.88
Profitability
EPS (Most Recent Fiscal Year)($0.54)
Net Income$6.65 million
Net Margins-0.24%
Return on Equity-13.81%
Return on Assets-2.45%
Miscellaneous
Employees18,300
Outstanding Shares53,420,000
Market Cap$787.33
Rent-A-Center (NASDAQ:RCII) Frequently Asked Questions
What is Rent-A-Center's stock symbol?
Rent-A-Center trades on the NASDAQ under the ticker symbol "RCII."
How were Rent-A-Center's earnings last quarter?
Rent-A-Center Inc (NASDAQ:RCII) announced its quarterly earnings results on Monday, April, 30th. The company reported ($0.08) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.08 by $0.16. The firm had revenue of $698 million for the quarter, compared to analysts' expectations of $701.27 million. Rent-A-Center had a negative net margin of 0.24% and a negative return on equity of 13.81%. The company's quarterly revenue was down 5.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.04 EPS. View Rent-A-Center's Earnings History.
When is Rent-A-Center's next earnings date?
What price target have analysts set for RCII?
6 brokerages have issued 1-year price targets for Rent-A-Center's shares. Their predictions range from $5.00 to $12.00. On average, they anticipate Rent-A-Center's stock price to reach $9.50 in the next twelve months. This suggests that the stock has a possible downside of 35.5%. View Analyst Ratings for Rent-A-Center.
What is the consensus analysts' recommendation for Rent-A-Center?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rent-A-Center in the last year. There are currently 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
Are investors shorting Rent-A-Center?
Rent-A-Center saw a decline in short interest in June. As of June 29th, there was short interest totalling 11,036,347 shares, a decline of 49.5% from the June 15th total of 21,844,410 shares. Based on an average trading volume of 6,976,577 shares, the days-to-cover ratio is currently 1.6 days. Currently, 22.7% of the company's shares are short sold. View Rent-A-Center's Current Options Chain.
Who are some of Rent-A-Center's key competitors?
Some companies that are related to Rent-A-Center include Triton International (TRTN), Aircastle (AYR), McGrath RentCorp (MGRC), Exterran (EXTN), Textainer Group (TGH), CAI International (CAI), General Finance Co. Common Stock (GFN), Black Diamond Group (BDIMF), Mitcham Industries (MIND), Quest Resource (QRHC), FlexShopper (FPAY) and Aly Energy Services (ALYE).
Who are Rent-A-Center's key executives?
Rent-A-Center's management team includes the folowing people:
- Ms. Maureen B. Short, Interim CFO & Principal Accounting Officer (Age 43)
- Mr. Christopher A. Korst, Chief Admin. Officer, Exec. VP & Gen. Counsel (Age 58)
- Mr. Mitchell E. Fadel, CEO & Director (Age 61)
- Mr. Joel M. Mussat, COO & Exec. VP (Age 46)
- Ms. Christi M. Liebe, CTO & VP of IT
Has Rent-A-Center been receiving favorable news coverage?
News stories about RCII stock have trended positive recently, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Rent-A-Center earned a news sentiment score of 0.36 on Accern's scale. They also assigned headlines about the company an impact score of 45.61 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are Rent-A-Center's major shareholders?
Rent-A-Center's stock is owned by many different of institutional and retail investors. Top institutional investors include ENGAGED CAPITAL LLC (16.80%), Tokio Marine Asset Management Co. Ltd. (0.28%), Hollencrest Capital Management (0.11%), Hartford Investment Management Co. (0.05%), Sphinx Trading LP (0.04%) and Municipal Employees Retirement System of Michigan (0.03%). Company insiders that own Rent-A-Center stock include Christopher A Korst, Engaged Capital Llc, Mark E Denman, Mark E Speese, Robert Dale Davis and Steven L Pepper. View Institutional Ownership Trends for Rent-A-Center.
Which institutional investors are selling Rent-A-Center stock?
Which institutional investors are buying Rent-A-Center stock?
RCII stock was acquired by a variety of institutional investors in the last quarter, including Tokio Marine Asset Management Co. Ltd., Hartford Investment Management Co. and Sphinx Trading LP. Company insiders that have bought Rent-A-Center stock in the last two years include Christopher A Korst, Engaged Capital Llc, Mark E Denman, Mark E Speese, Robert Dale Davis and Steven L Pepper. View Insider Buying and Selling for Rent-A-Center.
How do I buy shares of Rent-A-Center?
Shares of RCII can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Rent-A-Center's stock price today?
One share of RCII stock can currently be purchased for approximately $14.74.
How big of a company is Rent-A-Center?
Rent-A-Center has a market capitalization of $787.33 million and generates $2.70 billion in revenue each year. The company earns $6.65 million in net income (profit) each year or ($0.54) on an earnings per share basis. Rent-A-Center employs 18,300 workers across the globe.
How can I contact Rent-A-Center?
Rent-A-Center's mailing address is 5501 HEADQUARTERS DRIVE, PLANO TX, 75024. The company can be reached via phone at 972-801-1100 or via email at [email protected]
MarketBeat Community Rating for Rent-A-Center (NASDAQ RCII)
MarketBeat's community ratings are surveys of what our community members think about Rent-A-Center and other stocks. Vote "Outperform" if you believe RCII will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RCII will underperform the S&P 500 over the long term. You may vote once every thirty days.
