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

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

Rent-A-Center declared a quarterly dividend on Thursday, September 5th. Shareholders 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 yield of 3.74%. The ex-dividend date of this dividend is Friday, September 20th. This is a positive change 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 EPS for the quarter, missing the 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%. The business's quarterly revenue was up .7% on a year-over-year basis. During the same period last year, the company 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 EPS 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 brokers have issued 12 month target prices for Rent-A-Center's shares. Their forecasts range from $18.00 to $28.00. On average, they expect Rent-A-Center's stock price to reach $24.40 in the next twelve months. This suggests that the stock has a possible downside of 8.8%. 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.

News articles about RCII stock have trended extremely negative this week, InfoTrie reports. InfoTrie identifies negative and positive press 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 negative five to five, with scores closest to five being the most favorable. Rent-A-Center earned a daily sentiment score of -5.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Rent-A-Center.

Rent-A-Center saw a increase in short interest in 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 currently 7.6 days. Approximately 10.5% of the shares of the company are short sold. 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), 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), Micron Technology (MU), salesforce.com (CRM), Delta Air Lines (DAL) and General Electric (GE).

Rent-A-Center's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include 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%), Man Group plc (0.72%) and Mackay Shields LLC (0.28%). 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 bought 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 $26.74.

Rent-A-Center has a market capitalization of $1.46 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]