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

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

Rent-A-Center announced a quarterly dividend on Monday, December 9th. Investors of record on Monday, January 6th will be paid a dividend of $0.29 per share on Wednesday, January 29th. This represents a $1.16 annualized dividend and a dividend yield of 4.14%. The ex-dividend date of this dividend is Friday, January 3rd. This is a boost from Rent-A-Center's previous quarterly dividend of $0.25. View Rent-A-Center's Dividend History.

Rent-A-Center Inc (NASDAQ:RCII) posted its quarterly earnings data on Wednesday, November, 6th. The company reported $0.47 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.50 by $0.03. The company earned $649.37 million during the quarter, compared to analyst estimates of $630.83 million. Rent-A-Center had a net margin of 5.09% and a return on equity of 31.75%. Rent-A-Center's revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.32 EPS. View Rent-A-Center's Earnings History.

Rent-A-Center is scheduled to release their next quarterly earnings announcement on Monday, February 24th 2020. View Earnings Estimates for Rent-A-Center.

Rent-A-Center updated its FY19 earnings guidance on Wednesday, November, 6th. The company provided earnings per share guidance of $2.10-2.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.26. The company issued revenue guidance of $2.635-2.670 billion, compared to the consensus revenue estimate of $2.64 billion.

5 analysts have issued 12-month price targets for Rent-A-Center's stock. Their forecasts range from $18.00 to $28.00. On average, they anticipate Rent-A-Center's share price to reach $24.40 in the next twelve months. This suggests that the stock has a possible downside of 12.8%. View Analyst Price Targets for Rent-A-Center.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rent-A-Center in the last year. There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Rent-A-Center.

Headlines about RCII stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Rent-A-Center earned a daily sentiment score of -1.9 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Rent-A-Center.

Rent-A-Center saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 5,650,000 shares, an increase of 5.4% from the October 31st total of 5,360,000 shares. Based on an average daily volume of 745,900 shares, the short-interest ratio is presently 7.6 days. Currently, 10.5% of the company's shares are sold short. View Rent-A-Center's Current Options Chain.

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

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

Rent-A-Center's stock is owned by many different of retail and institutional investors. Top institutional investors include Nomura Holdings Inc. (2.95%), State Street Corp (2.77%), Parametric Portfolio Associates LLC (1.02%), Millennium Management LLC (0.77%), Philadelphia Financial Management of San Francisco LLC (0.77%) and Man Group plc (0.72%). Company insiders that own Rent-A-Center stock include Catherine M Skula, Christopher A Korst, Engaged Capital Llc and Fred E Herman. View Institutional Ownership Trends for Rent-A-Center.

RCII stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, Philadelphia Financial Management of San Francisco LLC, First Trust Advisors LP, Voloridge Investment Management LLC, Bowling Portfolio Management LLC, Parametric Portfolio Associates LLC, Public Employees Retirement System of Ohio and Mackay Shields LLC. Company insiders that have sold Rent-A-Center company stock in the last year include Catherine M Skula, Christopher A Korst and Fred E Herman. View Insider Buying and Selling for Rent-A-Center.

RCII stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, State of New Jersey Common Pension Fund D, Russell Investments Group Ltd., State Street Corp, State of Alaska Department of Revenue, Hexavest Inc., California Public Employees Retirement System and Alberta Investment Management Corp. View Insider Buying and Selling for 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.

One share of RCII stock can currently be purchased for approximately $27.99.

Rent-A-Center has a market capitalization of $1.53 billion and generates $2.66 billion in revenue each year. The company earns $8.49 million in net income (profit) each year or $1.06 on an earnings per share basis. Rent-A-Center employs 14,000 workers across the globe.View Additional Information About Rent-A-Center.

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

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]