Rent-A-Center Company Profile (NASDAQ:RCII)

About Rent-A-Center (RCII)

Rent-A-Center logoRent-A-Center, Inc. is a rent-to-own operator in North America. The Company provides an opportunity to obtain ownership of products, such as consumer electronics, appliances, computers (including tablets), smartphones and furniture (including accessories), under rental purchase agreements. The Company operates in four segments: Core U.S., Acceptance Now, Mexico and Franchising. Its Core U.S. and Mexico stores generally offer merchandise from over five basic product categories: consumer electronics, appliances, computers (including tablets), smartphones and furniture (including accessories). The Acceptance Now segment provides an on-site rent-to-own option at a third-party retailer's location. Its Franchising segment engages in the sale of rental merchandise to its franchisees who, in turn, offer the merchandise to the general public for rent or purchase under a rent-to-own transaction. It offers brands, such as LG, Frigidaire, Acer, Apple, Asus, Samsung, Ashley, Powell and Standard.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Rental & Leasing Services
  • Sub-Industry: Computer & Electronics Retail
  • Exchange: NASDAQ
  • Symbol: RCII
  • CUSIP: 76009N10
Key Metrics:
  • Previous Close: $8.71
  • 50 Day Moving Average: $8.75
  • 200 Day Moving Average: $10.54
  • 52-Week Range: $7.76 - $16.36
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 8.89
  • P/E Growth: 5.22
  • Market Cap: $463.34M
  • Outstanding Shares: 53,196,000
  • Beta: 0.7
Profitability:
  • Net Margins: -28.44%
  • Return on Equity: 16.57%
  • Return on Assets: 4.49%
Debt:
  • Debt-to-Equity Ratio: 1.43%
  • Current Ratio: 2.95%
  • Quick Ratio: 0.60%

Analyst Ratings

Consensus Ratings for Rent-A-Center (NASDAQ:RCII) (?)
Ratings Breakdown: 5 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.17)
Consensus Price Target: $15.67 (79.87% upside)

Analysts' Ratings History for Rent-A-Center (NASDAQ:RCII)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
1/19/2017Jefferies Group LLCReiterated RatingHold$11.00 -> $9.00N/AView Rating Details
1/12/2017StephensInitiated CoverageEqual WeightN/AView Rating Details
12/13/2016Loop CapitalInitiated CoverageHold$11.00N/AView Rating Details
12/6/2016Raymond James Financial, Inc.Reiterated RatingStrong-Buy -> Market PerformN/AView Rating Details
11/15/2016SidotiDowngradeBuy -> NeutralN/AView Rating Details
5/23/2016Topeka Capital MarketsInitiated CoverageBuy$27.00N/AView Rating Details
1/12/2016BB&T Co.DowngradeBuy -> Hold$13.31N/AView Rating Details
12/28/2015Cantor FitzgeraldInitiated CoverageBuyN/AView Rating Details
7/29/2015Benchmark Co.Boost Price TargetBuy$43.00 -> $45.00N/AView Rating Details
7/29/2015Canaccord GenuityBoost Price TargetBuy$43.00 -> $45.00N/AView Rating Details
(Data available from 3/22/2015 forward)

Earnings

Earnings History for Rent-A-Center (NASDAQ:RCII)
Earnings by Quarter for Rent-A-Center (NASDAQ:RCII)
Earnings History by Quarter for Rent-A-Center (NASDAQ:RCII)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
10/26/2016Q316$0.09$0.11$701.27 million$693.90 millionViewListenView Earnings Details
7/27/2016Q216$0.49$0.41$782.12 million$749.60 millionViewListenView Earnings Details
4/27/2016Q116$0.40$0.48$850.92 million$835.65 millionViewListenView Earnings Details
2/1/2016Q415$0.52$0.54$809.00 million$793.80 millionViewN/AView Earnings Details
10/26/2015Q315$0.45$0.47$804.03 million$791.60 millionViewListenView Earnings Details
7/27/2015Q215$0.49$0.50$813.41 million$815.30 millionViewListenView Earnings Details
4/27/2015Q115$0.50$0.52$877.60 millionViewListenView Earnings Details
2/2/2015Q414$0.63$0.50$804.95 million$797.00 millionViewListenView Earnings Details
10/20/2014Q314$0.47$0.49$773.32 million$769.50 millionViewListenView Earnings Details
7/21/2014Q2$0.38$0.38$772.24 million$773.20 millionViewListenView Earnings Details
4/21/2014Q114$0.56$0.57$840.31 million$833.00 millionViewListenView Earnings Details
1/28/2014Q413$0.76$0.25$792.12 million$769.61 millionViewListenView Earnings Details
10/22/2013Q313$0.62$0.51$773.56 million$754.78 millionViewListenView Earnings Details
7/22/2013Q2 2013$0.75$0.76$779.38 million$760.50 millionViewListenView Earnings Details
4/22/2013Q1 2013$0.87$0.80$845.70 million$819.28 millionViewListenView Earnings Details
1/28/2013Q4 2012$0.83$0.81$777.57 million$758.40 millionViewListenView Earnings Details
10/22/2012$0.67$0.67ViewN/AView Earnings Details
7/23/2012$0.72$0.74ViewN/AView Earnings Details
4/23/2012$0.85$0.87ViewN/AView Earnings Details
1/30/2012$0.82$0.85ViewN/AView Earnings Details
10/24/2011$0.58$0.60ViewN/AView Earnings Details
7/25/2011$0.72$0.68ViewN/AView Earnings Details
4/26/2011$0.85$0.79ViewN/AView Earnings Details
1/31/2011$0.68$0.71ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Rent-A-Center (NASDAQ:RCII)
Current Year EPS Consensus Estimate: $0.34 EPS
Next Year EPS Consensus Estimate: $0.98 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20165$0.40$0.52$0.45
Q2 20163$0.47$0.51$0.49
Q3 20165$0.07$0.49$0.25
Q4 20165($0.25)$0.53$0.18
Q1 20173($0.09)$0.15$0.05
Q2 20173$0.09$0.14$0.11
Q3 20173$0.07$0.11$0.08
Q4 20172$0.02$0.14$0.08
Q1 20182$0.16$0.31$0.24
Q2 20182$0.18$0.33$0.26
Q3 20182$0.18$0.23$0.21
Q4 20182$0.17$0.23$0.20
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Rent-A-Center (NASDAQ:RCII)
Next Dividend:4/20/2017
Annual Dividend:$0.32
Dividend Yield:3.67%
Payout Ratio:-1.95% (Trailing 12 Months of Earnings)
94.12% (Based on This Year's Estimates)
32.65% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Rent-A-Center (NASDAQ:RCII)

Dividend History by Quarter for Rent-A-Center (NASDAQ:RCII)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/2/2017quarterly$0.083.55%3/30/20174/3/20174/20/2017
12/8/2016quarterly$0.082.65%1/3/20171/5/20171/26/2017
9/8/2016quarterly$0.082.57%9/29/201610/3/201610/20/2016
6/2/2016quarterly$0.082.48%6/30/20167/5/20167/21/2016
2/1/2016quarterly$0.083.24%3/31/20164/4/20164/21/2016
12/10/2015quarterly$0.246.22%12/30/20151/4/20161/21/2016
9/8/2015quarterly$0.243.56%9/29/201510/1/201510/22/2015
6/4/2015quarterly$0.243.03%6/30/20157/2/20157/23/2015
3/5/2015quarterly$0.243.51%3/31/20154/2/20154/23/2015
12/11/2014quarterly$0.243.07%12/30/20141/2/20151/22/2015
9/8/2014quarterly$0.233.24%9/30/201410/2/201410/23/2014
5/8/2014quarterly$0.233.15%6/30/20147/2/20147/24/2014
3/6/2014quarterly$0.233.6%4/1/20144/3/20144/24/2014
12/12/2013quarterly$0.232.76%12/31/20131/3/20141/23/2014
9/9/2013quarterly$0.212.22%9/27/201310/1/201310/24/2013
5/9/2013quarterly$0.212.39%6/28/20137/2/20137/25/2013
3/7/2013quarterly$0.212.23%4/2/20134/4/20134/25/2013
12/17/2012quarterly$0.212.31%12/31/20121/3/20131/24/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Rent-A-Center (NASDAQ:RCII)
Insider Ownership Percentage: 3.40%
Institutional Ownership Percentage: 96.78%
Insider Trades by Quarter for Rent-A-Center (NASDAQ:RCII)
Institutional Ownership by Quarter for Rent-A-Center (NASDAQ:RCII)
Insider Trades by Quarter for Rent-A-Center (NASDAQ:RCII)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/27/2017Mark E DenmanEVPBuy5,000$8.70$43,500.00View SEC Filing  
2/17/2017Mark E SpeeseChairmanBuy100,000$8.45$845,000.00View SEC Filing  
2/16/2017Christopher A KorstEVPBuy5,000$8.32$41,600.00View SEC Filing  
8/1/2016Robert Dale DavisCEOBuy10,000$10.87$108,700.00View SEC Filing  
5/2/2016Jeffery M JacksonDirectorBuy1,400$14.87$20,818.00View SEC Filing  
2/5/2016Robert Dale DavisCEOBuy10,000$10.66$106,600.00View SEC Filing  
2/4/2016Jeffery M JacksonDirectorBuy955$10.52$10,046.60View SEC Filing  
11/20/2015Mark E DenmanEVPBuy1,270$16.84$21,386.80View SEC Filing  
11/18/2015Jeffery M JacksonDirectorBuy1,000$16.70$16,700.00View SEC Filing  
10/30/2015Robert Dale DavisCEOBuy10,000$18.42$184,200.00View SEC Filing  
10/29/2015Jeffery M JacksonDirectorBuy1,200$17.76$21,312.00View SEC Filing  
8/17/2015Michael J GadeDirectorSell9,000$27.39$246,510.00View SEC Filing  
7/31/2015Robert Dale DavisCEOBuy5,000$26.86$134,300.00View SEC Filing  
5/20/2015Mark E SpeeseChairmanSell153,510$32.61$5,005,961.10View SEC Filing  
8/25/2014Joel M MussatEVPSell1,319$26.32$34,716.08View SEC Filing  
8/11/2014Guy J ConstantCFOBuy10,000$24.84$248,400.00View SEC Filing  
8/1/2014J V LentellDirectorBuy5,000$23.81$119,050.00View SEC Filing  
4/28/2014Mitchell FadelCOOSell75,544$29.66$2,240,635.04View SEC Filing  
1/30/2014Robert Dale DavisCFOBuy4,000$25.04$100,160.00View SEC Filing  
8/2/2013J LentellDirectorSell5,000$40.34$201,700.00View SEC Filing  
5/22/2013Theodore V DemarinoEVPSell8,033$35.69$286,697.77View SEC Filing  
2/15/2013Theodore V DemarinoEVPSell5,000$37.41$187,050.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Rent-A-Center (NASDAQ:RCII)
Latest Headlines for Rent-A-Center (NASDAQ:RCII)
Source:
DateHeadline
News IconRent-A-Center Inc (RCII) Upgraded by Zacks Investment Research to "Hold" (NASDAQ:RCII)
www.americanbankingnews.com - March 21 at 3:03 PM
seekingalpha.com logoRent-A-Center Inc. (RCII) (NASDAQ:RCII)
seekingalpha.com - March 16 at 8:14 PM
us.rd.yahoo.com logoRent-A-Center, Inc. Reports February Key Operating Metrics (NASDAQ:RCII)
us.rd.yahoo.com - March 16 at 8:14 PM
News IconShort Interest in Rent-A-Center Inc (RCII) Increases By 36.0% (NASDAQ:RCII)
www.americanbankingnews.com - March 10 at 11:04 AM
biz.yahoo.com logoRENT A CENTER INC DE Files SEC form 8-K, Other Events (NASDAQ:RCII)
biz.yahoo.com - March 9 at 7:28 PM
News IconRent-A-Center Inc (RCII) Receives Average Rating of “Hold” from Brokerages (NASDAQ:RCII)
www.americanbankingnews.com - March 8 at 3:48 PM
finance.yahoo.com logoRENT A CENTER INC DE Financials (NASDAQ:RCII)
finance.yahoo.com - March 7 at 7:20 PM
biz.yahoo.com logoRENT A CENTER INC DE Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:RCII)
biz.yahoo.com - March 3 at 7:30 PM
moodys.com logoRent-A-Center, Inc. -- Moody's Downgrades Rent-A-Center's CFR to B2; ratings remain on review for downgrade (NASDAQ:RCII)
www.moodys.com - March 3 at 7:30 PM
finance.yahoo.com logoRent-A-Center, Inc. Declares Cash Dividend (NASDAQ:RCII)
finance.yahoo.com - March 2 at 7:37 PM
streetinsider.com logoRent-A-Center (RCII) Provides Key Operating Metrics for January - StreetInsider.com (NASDAQ:RCII)
www.streetinsider.com - March 2 at 8:21 AM
biz.yahoo.com logoRENT A CENTER INC DE Files SEC form 10-K, Annual Report (NASDAQ:RCII)
us.rd.yahoo.com - March 2 at 12:45 AM
bizjournals.com logoActivist investor wants shakeup of Rent-A-Center board (NASDAQ:RCII)
www.bizjournals.com - February 24 at 8:11 AM
finance.yahoo.com logo4:52 pm Rent-A-Center confirms receipt of director nominations from Engaged Capital; says management team is taking decisive and immediate action to drive operational improvements in the near term (NASDAQ:RCII)
finance.yahoo.com - February 24 at 12:36 AM
us.rd.yahoo.com logo8:32 am Rent-A-Center shareholder Engaged Capital nominates 5 candidates to its Board; reiterates call for RCII Board to hire a financial advisor and immediately initiate a strategic alternatives process to evaluate a sale of the entire Com (NASDAQ:RCII)
us.rd.yahoo.com - February 23 at 7:35 PM
us.rd.yahoo.com logoEngaged Capital nominates five members to Rent-A-Center's Board (NASDAQ:RCII)
us.rd.yahoo.com - February 23 at 7:35 PM
us.rd.yahoo.com logoEngaged Capital seeks Rent-A-Center board change in push for company's sale (NASDAQ:RCII)
us.rd.yahoo.com - February 23 at 7:35 PM
finance.yahoo.com logoRent-A-Center, Inc. Confirms Receipt of Director Nominations from Engaged Capital (NASDAQ:RCII)
finance.yahoo.com - February 23 at 7:35 PM
finance.yahoo.com logoEngaged Capital Nominates Five Highly Qualified Candidates for Election to the Board of Rent-A-Center (NASDAQ:RCII)
finance.yahoo.com - February 23 at 8:33 AM
businesswire.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors in Rent-A-Center, Inc. of Commencement of a Class Action Lawsuit and a Lead Plaintiff Deadline of February 27, 2017 ... (NASDAQ:RCII)
www.businesswire.com - February 23 at 12:39 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors in Rent-A-Center, Inc. of Commencement of a Class Action Lawsuit and a Lead Plaintiff Deadline of February 27, 2017 – RCII (NASDAQ:RCII)
finance.yahoo.com - February 22 at 7:39 PM
finance.yahoo.com logoINVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit Against Rent-A-Center, Inc. and Encourages Investors with Losses to Contact the Firm (NASDAQ:RCII)
finance.yahoo.com - February 22 at 7:39 PM
finance.yahoo.com logoAcceptanceNOW and Rooms To Go Forge New Exclusive Partnership (NASDAQ:RCII)
finance.yahoo.com - February 20 at 6:42 PM
seekingalpha.com logoEngaged Capital, LLC Sends Second Letter To The Board Of Rent-A ... - Seeking Alpha (NASDAQ:RCII)
seekingalpha.com - February 18 at 8:14 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Rent-A-Center, Inc. of Class Action Lawsuit and Upcoming Deadline - RCII (NASDAQ:RCII)
finance.yahoo.com - February 18 at 8:14 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit Against Rent-A-Center, Inc. and Encourages Investors with Losses to Contact the Firm (NASDAQ:RCII)
finance.yahoo.com - February 18 at 8:14 AM
finance.yahoo.com logoRCII SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of a Class Action Involving Rent-A-Center, Inc. and a Lead Plaintiff Deadline of February 27, 2017 (NASDAQ:RCII)
finance.yahoo.com - February 17 at 7:59 PM
finance.yahoo.com logoDEADLINE ALERT - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Rent-A-Center, Inc. (RCII) & Lead Plaintiff Deadline: February 21, 2017 (NASDAQ:RCII)
finance.yahoo.com - February 17 at 7:59 PM
finance.yahoo.com logoINVESTOR NOTICE: Lundin Law PC Announces Securities Class Action Lawsuit Against Rent-A-Center, Inc. and Encourages Investors with Losses to Contact the Firm (NASDAQ:RCII)
finance.yahoo.com - February 17 at 7:59 PM
nasdaq.com logoUPDATE 1-Engaged Capital pushes Rent-A-Center to sell itself (NASDAQ:RCII)
www.nasdaq.com - February 15 at 5:30 AM
streetinsider.com logoEngaged Capital Urges Rent-A-Center (RCII) to Immediately Begin Strategic Alternatives Process (NASDAQ:RCII)
www.streetinsider.com - February 15 at 5:29 AM
finance.yahoo.com logoIMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Rent-A-Center, Inc. and Encourages Investors with Losses Exceeding $300 000 to Contact the Firm (NASDAQ:RCII)
finance.yahoo.com - February 15 at 5:29 AM

Social

Frequently Asked Questions for Rent-A-Center (NASDAQ:RCII)

What is Rent-A-Center's stock symbol?

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

How often does Rent-A-Center pay dividends? What is the dividend yield for Rent-A-Center?

Rent-A-Center announced a quarterly dividend on Thursday, March 2nd. Investors of record on Monday, April 3rd will be paid a dividend of $0.08 per share on Thursday, April 20th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date of this dividend is Thursday, March 30th.

How were Rent-A-Center's earnings last quarter?

Rent-A-Center Inc (NASDAQ:RCII) announced its earnings results on Wednesday, October, 26th. The company reported $0.11 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.09 by $0.02. The business had revenue of $693.90 million for the quarter, compared to the consensus estimate of $701.27 million. Rent-A-Center had a positive return on equity of 16.57% and a negative net margin of 28.44%. The company's revenue was down 12.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.47 earnings per share.

When will Rent-A-Center make its next earnings announcement?

Rent-A-Center is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

What guidance has Rent-A-Center issued on next quarter's earnings?

Rent-A-Center updated its fourth quarter earnings guidance on Wednesday, January, 18th. The company provided earnings per share guidance of ($0.30)-(0.20) for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.10.

Where is Rent-A-Center's stock going? Where will Rent-A-Center's stock price be in 2017?

6 analysts have issued 12-month target prices for Rent-A-Center's shares. Their forecasts range from $9.00 to $27.00. On average, they expect Rent-A-Center's share price to reach $15.67 in the next year.

Are investors shorting Rent-A-Center?

Rent-A-Center saw a increase in short interest during the month of February. As of February 28th, there was short interest totalling 20,825,302 shares, an increase of 36.0% from the February 15th total of 15,317,183 shares. Based on an average daily volume of 2,227,859 shares, the days-to-cover ratio is presently 9.3 days.

Who owns Rent-A-Center stock?

Rent-A-Center's stock is owned by many different of retail and institutional investors. Top institutional investors include ENGAGED CAPITAL LLC (13.70%), Frontier Capital Management Co. LLC (5.56%), Dimensional Fund Advisors LP (4.24%), State Street Corp (3.00%), Norges Bank (2.70%) and Thompson Siegel & Walmsley LLC (2.04%). Company insiders that own Rent-A-Center stock include Christopher A Korst, Jeffery M Jackson, Mark E Denman, Mark E Speese, Michael J Gade and Robert Dale Davis.

Who sold Rent-A-Center stock? Who is selling Rent-A-Center stock?

Rent-A-Center's stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Thompson Siegel & Walmsley LLC, Guggenheim Capital LLC, Royce & Associates LP, Hotchkis & Wiley Capital Management LLC, Thrivent Financial for Lutherans, Two Sigma Investments LP and First Wilshire Securities Management Inc..

Who bought Rent-A-Center stock? Who is buying Rent-A-Center stock?

Rent-A-Center's stock was acquired by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Norges Bank, Menta Capital LLC, State Street Corp, Russell Investments Group Ltd., A.R.T. Advisors LLC, Renaissance Technologies LLC and Federated Investors Inc. PA. Company insiders that have bought Rent-A-Center stock in the last two years include Christopher A Korst, Jeffery M Jackson, Mark E Denman, Mark E Speese and Robert Dale Davis.

How do I buy Rent-A-Center stock?

Shares of Rent-A-Center can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Rent-A-Center stock cost?

One share of Rent-A-Center stock can currently be purchased for approximately $8.71.

Rent-A-Center (RCII) Chart for Wednesday, March, 22, 2017

This page was last updated on 3/22/2017 by MarketBeat.com Staff