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. Shareholders of record on Monday, September 23rd will be given a dividend of $0.25 per share on Wednesday, October 9th. This represents a $1.00 dividend on an annualized basis and a yield of 3.89%. The ex-dividend date 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) posted its earnings results on Wednesday, November, 6th. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.03. The firm had revenue of $649.37 million for 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% compared to the same quarter last year. During the same quarter in the prior year, the company 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 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 analysts have issued 1 year target prices for Rent-A-Center's stock. Their forecasts range from $18.00 to $28.00. On average, they expect 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 5.1%. 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 stories about RCII stock have trended somewhat positive on Thursday, InfoTrie reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 0.9 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Rent-A-Center.

Rent-A-Center saw a increase in short interest in 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 trading volume of 745,900 shares, the days-to-cover ratio is presently 7.6 days. Currently, 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 Mcdonald's (MCD).

Rent-A-Center's stock is owned by a variety of of retail and institutional 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 $25.71.

Rent-A-Center has a market capitalization of $1.41 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]