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 Ratio2.15
Current Ratio2.60
Quick Ratio0.67
Price-To-Earnings
Trailing P/E Ratio-26.65
Forward P/E Ratio21.48
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.70 billion
Price / Sales0.28
Cash Flow$12.5130 per share
Price / Cash1.15
Book Value$5.11 per share
Price / Book2.82
Profitability
EPS (Most Recent Fiscal Year)($0.54)
Net Income$6.65 million
Net Margins0.61%
Return on Equity-3.42%
Return on Assets-0.63%
Miscellaneous
Employees18,300
Outstanding Shares53,510,000
Market Cap$775.32 million
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) released its quarterly earnings results on Monday, July, 30th. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.23 by $0.24. The firm earned $655.70 million during the quarter, compared to the consensus estimate of $645.49 million. Rent-A-Center had a net margin of 0.61% and a negative return on equity of 3.42%. Rent-A-Center's revenue for the quarter was down 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.01) 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 12-month 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 share price to reach $9.50 in the next twelve months. This suggests that the stock has a possible downside of 34.0%. 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 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Rent-A-Center.
Are investors shorting Rent-A-Center?
Rent-A-Center saw a decrease in short interest in the month of August. As of August 31st, there was short interest totalling 8,953,752 shares, a decrease of 16.8% from the August 15th total of 10,758,772 shares. Based on an average daily volume of 760,012 shares, the days-to-cover ratio is currently 11.8 days. Currently, 18.4% of the shares of the stock 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 (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:
- 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (13.21%), Chicago Capital Management LLC (1.92%), Schwab Charles Investment Management Inc. (1.83%), Dimensional Fund Advisors LP (1.72%), Brandes Investment Partners LP (1.68%) and Canada Pension Plan Investment Board (1.57%). 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 major investors are selling Rent-A-Center stock?
RCII stock was sold by a variety of institutional investors in the last quarter, including Brandes Investment Partners LP, Thompson Siegel & Walmsley LLC, Schwab Charles Investment Management Inc., First Wilshire Securities Management Inc., California Public Employees Retirement System, Raymond James & Associates, Bank of New York Mellon Corp and Bank of New York Mellon Corp. View Insider Buying and Selling for Rent-A-Center.
Which major investors are buying Rent-A-Center stock?
RCII stock was acquired by a variety of institutional investors in the last quarter, including Chicago Capital Management LLC, BlackRock Inc., United Services Automobile Association, Renaissance Technologies LLC, Perella Weinberg Partners Capital Management LP, SG Americas Securities LLC, Water Island Capital LLC and Engineers Gate Manager 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 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 $14.39.
How big of a company is Rent-A-Center?
Rent-A-Center has a market capitalization of $775.32 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.
