Rent-A-Center - RCII Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rent-A-Center in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RCII shares.
View RCII analyst ratings or view top-rated stocks.

6 brokerages have issued 12-month price objectives for Rent-A-Center's stock. Their RCII share price forecasts range from $30.00 to $42.00. On average, they anticipate the company's stock price to reach $34.50 in the next year.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
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Rent-A-Center, Inc. (NASDAQ:RCII) issued its earnings results on Thursday, February, 23rd. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.11. The company had revenue of $990.50 million for the quarter, compared to analysts' expectations of $990.45 million. Rent-A-Center had a net margin of 0.29% and a trailing twelve-month return on equity of 40.50%. The business's revenue was down 15.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.08 EPS.

Rent-A-Center announced a quarterly dividend on Wednesday, December 7th. Shareholders of record on Tuesday, December 20th will be paid a dividend of $0.34 per share on Tuesday, January 10th. This represents a $1.36 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Monday, December 19th.
Read our dividend analysis for RCII.

ETFs with the largest weight of Rent-A-Center (NASDAQ:RCII) stock in their portfolio include ETC 6 Meridian Small Cap Equity ETF (SIXS), Roundhill Acquirers Deep Value ETF (DEEP), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Hartford Multifactor Small Cap ETF (ROSC), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Small Cap US Equity Select ETF (RNSC) and Invesco Dynamic Market ETF (PWC).

Rent-A-Center (NASDAQ:RCII) pays an annual dividend of $1.36 per share and currently has a dividend yield of 5.08%. RCII has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 680.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, RCII will have a dividend payout ratio of 39.53% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RCII.

Rent-A-Center issued an update on its FY 2023 earnings guidance on Thursday, February, 23rd. The company provided earnings per share guidance of $2.50-$3.00 for the period, compared to the consensus estimate of $3.13. The company issued revenue guidance of $3.80 billion-$4.00 billion, compared to the consensus revenue estimate of $4.00 billion.

189 employees have rated Rent-A-Center Chief Executive Officer Mitch Fadel on Glassdoor.com. Mitch Fadel has an approval rating of 53% among the company's employees. This puts Mitch Fadel in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Rent-A-Center investors own include NVIDIA (NVDA), Aaron's (AAN), Advanced Micro Devices (AMD), Enterprise Products Partners (EPD), Intel (INTC), Micron Technology (MU), PayPal (PYPL), AT&T (T), Activision Blizzard (ATVI) and McDonald's (MCD).

Rent-A-Center trades on the NASDAQ under the ticker symbol "RCII."

Rent-A-Center's stock is owned by many different retail and institutional investors. Top institutional shareholders include Engaged Capital LLC (6.47%), Dimensional Fund Advisors LP (2.61%), Geode Capital Management LLC (1.73%), LSV Asset Management (1.69%), Charles Schwab Investment Management Inc. (1.34%) and Fuller & Thaler Asset Management Inc. (0.93%). Insiders that own company stock include Ann L Davids, Anthony J Blasquez, Anthony J Blasquez, Catherine M Skula, Christopher B Hetrick, Jeffrey J Brown, Maureen B Short, Mitchell E Fadel and Mitchell E Fadel.
View institutional ownership trends.

Shares of RCII stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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Rent-A-Center (NASDAQ:RCII) has a market capitalization of $0.00 and generates $4.25 billion in revenue each year. The company earns $12.36 million in net income (profit) each year or $0.20 on an earnings per share basis.

The company employs 14,290 workers across the globe.

Rent-A-Center's mailing address is 5501 HEADQUARTERS DRIVE, PLANO TX, 75024. The official website for the company is www.rentacenter.com. The company can be reached via phone at (972) 801-1100, via email at maureen.short@rentacenter.com, or via fax at 972-943-0113.