NASDAQ:RCIIRent-A-Center Stock Price, Forecast & News

$25.63

-0.24 (-0.93 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$25.19

Now: $25.63▼

$26.15

50-Day Range

$16.56

MA: $20.93▼

$25.89

52-Week Range

$11.69

Now: $25.63▼

$31.14

Volume490,400 shs

Average Volume730,716 shs

Market Capitalization$1.38 billion

P/E Ratio6.64

Dividend Yield4.53%

Beta1.46

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; wheels and tires; and furniture, including accessories under rental purchase agreements. The company also provides merchandise on an installment sales basis; and rent-to-own transaction to consumers who do not qualify for financing from the traditional retailer through kiosks located 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, 2018, the company owned and operated approximately 2,158 stores in the United States, Canada, and Puerto Rico, including 44 retail installment sales stores; 1,106 Acceptance Now staffed kiosk locations in 41 states and Puerto Rico; 96 Acceptance Now Direct locations; and 122 stores in Mexico, as well as franchised 281 rent-to-own stores in 32 states. Rent-A-Center, Inc. was founded in 1986 and is headquartered in Plano, Texas.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
Rent-A-Center has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $29.75, Rent-A-Center has a potential upside of 16.1% from its current price of $25.63.
Amount of Analyst Coverage
Rent-A-Center has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.2 Community Rank

Outperform Votes
Rent-A-Center has received 372 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Rent-A-Center has received 487 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Rent-A-Center has received 56.69% “underperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
Rent-A-Center is a leading dividend payer. It pays a dividend yield of 4.53%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Rent-A-Center does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Rent-A-Center is 51.79 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Rent-A-Center will have a dividend payout ratio of 49.79 % next year. This indicates that Rent-A-Center will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Rent-A-Center insiders have bought more of their company's stock than they have sold. Specifically, they have bought $667,855.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.81% of the stock of Rent-A-Center is held by insiders.
Percentage Held by Institutions
98.13% of the stock of Rent-A-Center is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Rent-A-Center are expected to grow by 14.78% in the coming year, from $2.03 to $2.33 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Rent-A-Center is 6.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.35.
Price to Earnings Ratio vs. Sector
The P/E ratio of Rent-A-Center is 6.64, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 19.76.
Price to Book Value per Share Ratio
Rent-A-Center has a P/B Ratio of 2.90. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.98 out of 5 stars

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

CIK933036

Webwww.rentacenter.com

Phone972-801-1100

Debt

Debt-to-Equity Ratio1.33

Current Ratio3.25

Quick Ratio0.93

Price-To-Earnings

Trailing P/E Ratio6.64

Forward P/E Ratio12.63

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.67 billion

Price / Sales0.52

Cash Flow$14.65 per share

Price / Cash Flow1.75

Book Value$8.85 per share

Price / Book2.90

Profitability

EPS (Most Recent Fiscal Year)$2.24

Net Income$173.55 million

Net Margins8.10%

Return on Equity29.64%

Return on Assets8.10%

Miscellaneous

Employees14,500

Outstanding Shares53,781,000

Market Cap$1.38 billion

Next Earnings Date8/5/2020 (Estimated)

OptionableOptionable

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

How has Rent-A-Center's stock been impacted by COVID-19 (Coronavirus)?

Rent-A-Center's stock was trading at $17.87 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, RCII shares have increased by 43.4% and is now trading at $25.63. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Rent-A-Center?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rent-A-Center in the last year. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Rent-A-Center.

When is Rent-A-Center's next earnings date?

Rent-A-Center is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Rent-A-Center.

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

Rent-A-Center Inc (NASDAQ:RCII) released its quarterly earnings results on Wednesday, May, 6th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.58 by $0.09. The company had revenue of $701.90 million for the quarter, compared to the consensus estimate of $699.23 million. Rent-A-Center had a return on equity of 29.64% and a net margin of 8.10%. The company's revenue was up .7% compared to the same quarter last year. During the same period last year, the firm earned $0.59 EPS. View Rent-A-Center's earnings history.

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 Wednesday, May 6th. Shareholders of record on Monday, May 18th will be paid a dividend of $0.29 per share on Monday, June 1st. This represents a $1.16 dividend on an annualized basis and a yield of 4.53%. The ex-dividend date of this dividend is Friday, May 15th. View Rent-A-Center's dividend history.

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

Rent-A-Center issued an update on its second quarter 2020 After-Hours earnings guidance on Wednesday, May, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $590.3325 million, compared to the consensus revenue estimate of $614.82 million.

What price target have analysts set for RCII?

7 brokerages have issued twelve-month price objectives for Rent-A-Center's stock. Their forecasts range from $28.00 to $33.00. On average, they anticipate Rent-A-Center's share price to reach $29.75 in the next year. This suggests a possible upside of 16.1% from the stock's current price. View analysts' price targets for Rent-A-Center.

Has Rent-A-Center been receiving favorable news coverage?

News headlines about RCII stock have been trending extremely negative on Friday, according to InfoTrie. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Rent-A-Center earned a news impact score of -4.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutRent-A-Center.

Who are some of Rent-A-Center's key competitors?

Some companies that are related to Rent-A-Center include AerCap (AER), Air Lease (AL), Aaron's (AAN), Triton International (TRTN), McGrath RentCorp (MGRC), Textainer Group (TGH), CAI International (CAI), Exterran (EXTN), General Finance (GFN), Black Diamond Group (BDIMF), FlexShopper (FPAY), Quest Resource (QRHC), MITCHAM INDUSTR/SH (MIND) and Aly Energy Services (ALYE). View all competitors.

What other stocks do shareholders of Rent-A-Center own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rent-A-Center investors own include Aaron's (AAN), Advanced Micro Devices (AMD), NVIDIA (NVDA), AT&T (T), Delta Air Lines (DAL), Intel (INTC), Micron Technology (MU), Activision Blizzard (ATVI), Paypal (PYPL) and General Electric (GE).

Who are Rent-A-Center's key executives?

Rent-A-Center's management team includes the following people:

Mr. Mitchell E. Fadel, CEO & Director (Age 62)
Mr. J. V. Lentell, Director (Age 81)
Ms. Maureen B. Short, Exec. VP & CFO (Age 44)
Mr. Fred E. Herman, Exec. VP & Chief Information Officer (Age 62)
Mr. Christopher A. Korst, Exec. VP & Gen. Counsel (Age 59)

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

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

Who are Rent-A-Center's major shareholders?

Rent-A-Center's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.33%), State Street Corp (3.02%), Cloverdale Capital Management LLC (2.12%), Acadian Asset Management LLC (2.06%), JPMorgan Chase & Co. (1.91%) and Nuveen Asset Management LLC (1.81%). Company insiders that own Rent-A-Center stock include Catherine M Skula, Christopher A Korst, Christopher B Hetrick, Engaged Capital Llc, Fred E Herman and Jeffrey J Brown. 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 Morgan Stanley, Morgan Stanley, APG Asset Management N.V., APG Asset Management N.V., Fuller & Thaler Asset Management Inc., Parametric Portfolio Associates LLC, BlackRock Inc., and Alyeska Investment Group L.P.. View insider buying and selling activity for Rent-A-Center.

Which institutional investors are buying Rent-A-Center stock?

RCII stock was bought by a variety of institutional investors in the last quarter, including Cloverdale Capital Management LLC, Acadian Asset Management LLC, State Street Corp, American Financial Group Inc., Deutsche Bank AG, Engineers Gate Manager LP, Grantham Mayo Van Otterloo & Co. LLC, and Ontario Teachers Pension Plan Board. Company insiders that have bought Rent-A-Center stock in the last two years include Christopher B Hetrick, and Jeffrey J Brown. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Rent-A-Center's stock price today?

One share of RCII stock can currently be purchased for approximately $25.63.

How big of a company is Rent-A-Center?

Rent-A-Center has a market capitalization of $1.38 billion and generates $2.67 billion in revenue each year. The company earns $173.55 million in net income (profit) each year or $2.24 on an earnings per share basis. Rent-A-Center employs 14,500 workers across the globe.

What is Rent-A-Center's official website?

The official website for Rent-A-Center is www.rentacenter.com.

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]

This page was last updated on 5/29/2020 by MarketBeat.com Staff