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
Current SymbolNASDAQ:RCII
Previous Symbol
CUSIP76009N10
Phone972-801-1100
Debt
Debt-to-Equity Ratio1.90
Current Ratio2.56
Quick Ratio0.66
Price-To-Earnings
Trailing P/E Ratio48.43
Forward P/E Ratio17.21
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.70 billion
Price / Sales0.29
Cash Flow$12.5739 per share
Price / Cash1.15
Book Value$5.30 per share
Price / Book2.73
Profitability
EPS (Most Recent Fiscal Year)($0.54)
Net Income$6.65 million
Net Margins1.58%
Return on Equity6.16%
Return on Assets1.20%
Miscellaneous
Employees18,300
Outstanding Shares53,510,000
Market Cap$777.57 million
OptionableOptionable
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) issued its quarterly earnings data on Monday, November, 5th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.28 by $0.04. The company earned $645 million during the quarter, compared to analysts' expectations of $636.43 million. Rent-A-Center had a net margin of 1.58% and a return on equity of 6.16%. Rent-A-Center's revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.15) earnings per share. 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 brokers have issued twelve-month price objectives for Rent-A-Center's stock. Their predictions range from $5.00 to $15.00. On average, they anticipate Rent-A-Center's stock price to reach $10.50 in the next year. This suggests that the stock has a possible downside of 27.4%. View Analyst Price Targets 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 1 sell rating and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Rent-A-Center.
Has Rent-A-Center been receiving favorable news coverage?
Media headlines about RCII stock have trended negative this week, according to InfoTrie. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Rent-A-Center earned a media sentiment score of -2.6 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near term.
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 (GFN), Black Diamond Group (BDIMF), MITCHAM INDUSTR/SH (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:
- Mr. Mitchell E. Fadel, CEO & Director (Age 61)
- Ms. Maureen B. Short, Interim Chief Financial Officer (Age 43)
- Mr. Fred E. Herman, Exec. VP & Chief Information Officer (Age 61)
- Mr. Joel M. Mussat, COO & Exec. VP (Age 46)
- Mr. Christopher A. Korst, Exec. VP, Chief Admin. Officer & Gen. Counsel (Age 58)
Who are Rent-A-Center's major shareholders?
Rent-A-Center's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.16%), Water Island Capital LLC (3.74%), JPMorgan Chase & Co. (2.89%), JPMorgan Chase & Co. (2.89%), Man Group plc (2.47%) and Chicago Capital Management LLC (1.77%). Company insiders that own Rent-A-Center stock include Christopher A Korst, Engaged Capital Llc, Mark E Denman, Mark E Speese and Steven L Pepper. View Institutional Ownership Trends for Rent-A-Center.
Which institutional investors are selling Rent-A-Center stock?
RCII stock was sold by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, BlackRock Inc., Brandes Investment Partners LP, Signia Capital Management LLC, Engineers Gate Manager LP, GSA Capital Partners LLP, Chicago Capital Management LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for Rent-A-Center.
Which institutional investors are buying Rent-A-Center stock?
RCII stock was acquired by a variety of institutional investors in the last quarter, including Water Island Capital LLC, Man Group plc, Laurion Capital Management LP, GAM Holding AG, Candriam Luxembourg S.C.A., Paloma Partners Management Co, Elo Mutual Pension Insurance Co and Allianz Asset Management GmbH. 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 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 $14.46.
How big of a company is Rent-A-Center?
Rent-A-Center has a market capitalization of $777.57 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.
What is Rent-A-Center's official website?
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.
