Rent-A-Center Stock Price, Forecast & Analysis (NASDAQ:RCII)

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

Rent-A-Center announced a quarterly dividend on Thursday, September 5th. Investors of record on Monday, September 23rd will be paid a dividend of $0.25 per share on Wednesday, October 9th. This represents a $1.00 annualized dividend and a dividend yield of 4.27%. The ex-dividend date of this dividend is Friday, September 20th. This is an increase from Rent-A-Center's previous quarterly dividend of $0.08. View Rent-A-Center's Dividend History.

Rent-A-Center Inc (NASDAQ:RCII) issued its earnings results on Wednesday, November, 6th. The company reported $0.47 earnings per share for the quarter, missing the Thomson Reuters' 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 quarterly revenue was up .7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.32 earnings per share. 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 issued an update on 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 Wall Street analysts have issued 12 month price objectives for Rent-A-Center's shares. Their forecasts range from $18.00 to $28.00. On average, they anticipate Rent-A-Center's stock price to reach $24.40 in the next year. This suggests a possible upside of 4.2% from the stock's current price. 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 trended somewhat negative on Thursday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Rent-A-Center earned a coverage optimism score of -1.4 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Rent-A-Center.

Rent-A-Center saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 5,650,000 shares, an increase of 5.4% from the September 30th total of 5,360,000 shares. Based on an average trading volume of 745,900 shares, the short-interest ratio is presently 7.6 days. Approximately 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 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), Quest Resource (QRHC), FlexShopper (FPAY), 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), Mcdonald's (MCD), Cypress Semiconductor (CY), Micron Technology (MU) and salesforce.com (CRM).

Rent-A-Center's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Mackay Shields LLC (0.28%), Rhumbline Advisers (0.26%), First Trust Advisors LP (0.26%), California Public Employees Retirement System (0.25%), Hennessy Advisors Inc. (0.25%) and New York State Teachers Retirement System (0.22%). 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 First Trust Advisors LP, Bowling Portfolio Management LLC, Mackay Shields LLC, Systematic Financial Management LP, Municipal Employees Retirement System of Michigan, New York State Teachers Retirement System, Sumitomo Mitsui Trust Holdings Inc. and Dupont Capital Management Corp. 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 bought by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Russell Investments Group Ltd., State of Alaska Department of Revenue, Hexavest Inc., California Public Employees Retirement System, Alberta Investment Management Corp, Navellier & Associates Inc and Chesapeake Wealth Management. 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 $23.42.

Rent-A-Center has a market capitalization of $1.27 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]