About Rent-A-Center (NASDAQ:RCII)
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; and furniture, including accessories under rental purchase agreements. The company also provides merchandise on an installment sales basis; and offers the rent-to-own transaction to consumers who do not qualify for financing from the traditional retailer through kiosks 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, 2017, the company owned and operated approximately 2,381 stores in the United States, Canada, and Puerto Rico, including 45 retail installment sales stores; 1,106 Acceptance Now staffed locations in 42 states and Puerto Rico; 125 Acceptance Now Direct locations; and 131 stores in Mexico, as well as franchised 225 rent-to-own stores in 31 states under the Rent-A-Center, ColorTyme, and RimTyme names. Rent-A-Center, Inc. was founded in 1986 and is headquartered in Plano, Texas.
Industry, Sector and Symbol
Industry Equipment rental & leasing, not elsewhere classified
Sub-IndustryComputer & Electronics Retail
SectorConsumer Discretionary
SymbolNASDAQ:RCII
CUSIP76009N10
Phone972-801-1100
Debt
Debt-to-Equity Ratio2.47%
Current Ratio2.77%
Quick Ratio0.53%
Price-To-Earnings
Trailing P/E Ratio-18.59
Forward P/E Ratio55.56
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.70 billion
Price / Sales0.20
Cash Flow$13.1579 per share
Price / Cash0.76
Book Value$5.11 per share
Price / Book1.96
Profitability
EPS (Most Recent Fiscal Year)($0.54)
Net Income$6.65 million
Net Margins0.25%
Return on Equity-11.30%
Return on Assets-1.97%
Miscellaneous
Employees18,300
Outstanding Shares53,410,000
Rent-A-Center (NASDAQ:RCII) Frequently Asked Questions
What is Rent-A-Center's stock symbol?
Rent-A-Center trades on the NASDAQ under the ticker symbol "RCII."
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, June 7th. Shareholders of record on Monday, July 3rd will be paid a dividend of $0.08 per share on Thursday, July 20th. This represents a $0.32 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date is Thursday, June 29th. View Rent-A-Center's Dividend History.
How were Rent-A-Center's earnings last quarter?
Rent-A-Center (NASDAQ:RCII) released its earnings results on Tuesday, February, 20th. The company reported ($0.41) EPS for the quarter, missing analysts' consensus estimates of ($0.07) by $0.34. The company had revenue of $638.95 million for the quarter, compared to analysts' expectations of $654.55 million. Rent-A-Center had a net margin of 0.25% and a negative return on equity of 11.30%. Rent-A-Center's revenue was down 6.6% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.23) earnings per share. View Rent-A-Center's Earnings History.
When is Rent-A-Center's next earnings date?
What price target have analysts set for RCII?
5 brokerages have issued 12 month price objectives for Rent-A-Center's shares. Their forecasts range from $5.00 to $10.00. On average, they expect Rent-A-Center's stock price to reach $8.25 in the next twelve months. View Analyst Ratings for Rent-A-Center.
Are investors shorting Rent-A-Center?
Rent-A-Center saw a increase in short interest in the month of March. As of March 29th, there was short interest totalling 27,793,525 shares, an increase of 4.7% from the March 15th total of 29,160,896 shares. Based on an average daily volume of 1,370,518 shares, the days-to-cover ratio is currently 20.3 days. Currently, 57.2% of the shares of the stock are short sold.
Who are some of Rent-A-Center's key competitors?
Who are Rent-A-Center's key executives?
Rent-A-Center's management team includes the folowing people:
- Ms. Maureen B. Short, Interim CFO & Principal Accounting Officer (Age 43)
- Mr. Christopher A. Korst, Chief Admin. Officer, Exec. VP & Gen. Counsel (Age 58)
- Mr. Mitchell E. Fadel, CEO & Director (Age 61)
- Mr. Joel M. Mussat, COO & Exec. VP (Age 46)
- Ms. Christi M. Liebe, CTO & VP of IT
Has Rent-A-Center been receiving favorable news coverage?
News coverage about RCII stock has trended somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Rent-A-Center earned a media sentiment score of 0.19 on Accern's scale. They also gave headlines about the company an impact score of 44.28 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
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, Scottrade, Fidelity and Charles Schwab.
What is Rent-A-Center's stock price today?
One share of RCII stock can currently be purchased for approximately $9.99.
How big of a company is Rent-A-Center?
Rent-A-Center has a market capitalization of $514.91 million and generates $2.70 billion in revenue each year. The company earns $6.65 million in net income (profit) each year or ($0.54) on an earnings per share basis. Rent-A-Center employs 18,300 workers across the globe.
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]
MarketBeat Community Rating for Rent-A-Center (RCII)
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.
Rent-A-Center (NASDAQ:RCII) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
5 Wall Street analysts have issued ratings and price targets for Rent-A-Center in the last 12 months. Their average twelve-month price target is $8.25, suggesting that the stock has a possible downside of 17.50%. The high price target for RCII is $10.00 and the low price target for RCII is $5.00. There are currently 1 sell rating and 4 hold ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 1.80 | 2.00 | 2.00 | 2.00 |
| Ratings Breakdown: | 1 Sell Rating(s)
4 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
5 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $8.25 | $9.3333 | $10.9167 | $11.50 |
| Price Target Upside: | 17.50% downside | 22.00% upside | 3.56% downside | 9.00% upside |
Rent-A-Center (NASDAQ:RCII) Consensus Price Target History
Rent-A-Center (NASDAQ:RCII) Analyst Ratings History
Show:
(Data available from 4/24/2016 forward)
Rent-A-Center (NASDAQ:RCII) Dividend Information
Rent-A-Center pays an annual dividend of $0.08 per share, with a dividend yield of 0.80%. RCII's most recent quarterly dividend payment was Thursday, July 20. Rent-A-Center pays out -14.81% of its earnings out as a dividend.
| Most Recent Dividend: | 7/20/2017 |
| Annual Dividend: | $0.08 |
| Dividend Yield: | 0.80% |
| Payout Ratio: | -14.81% (Trailing 12 Months of Earnings)
44.44% (Based on This Year's Estimates)
9.88% (Based on Next Year's Estimates)
|
Rent-A-Center (NASDAQ:RCII) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 6/7/2017 | quarterly | $0.08 | 2.62% | 6/29/2017 | 7/3/2017 | 7/20/2017 |
| 3/2/2017 | quarterly | $0.08 | 3.55% | 3/30/2017 | 4/3/2017 | 4/20/2017 |
| 12/8/2016 | quarterly | $0.08 | 2.65% | 1/3/2017 | 1/5/2017 | 1/26/2017 |
| 9/8/2016 | quarterly | $0.08 | 2.57% | 9/29/2016 | 10/3/2016 | 10/20/2016 |
| 6/2/2016 | quarterly | $0.08 | 2.48% | 6/30/2016 | 7/5/2016 | 7/21/2016 |
| 2/1/2016 | quarterly | $0.08 | 3.24% | 3/31/2016 | 4/4/2016 | 4/21/2016 |
| 12/10/2015 | quarterly | $0.24 | 6.22% | 12/30/2015 | 1/4/2016 | 1/21/2016 |
| 9/8/2015 | quarterly | $0.24 | 3.56% | 9/29/2015 | 10/1/2015 | 10/22/2015 |
| 6/4/2015 | quarterly | $0.24 | 3.03% | 6/30/2015 | 7/2/2015 | 7/23/2015 |
| 3/5/2015 | quarterly | $0.24 | 3.51% | 3/31/2015 | 4/2/2015 | 4/23/2015 |
| 12/11/2014 | quarterly | $0.24 | 3.07% | 12/30/2014 | 1/2/2015 | 1/22/2015 |
| 9/8/2014 | quarterly | $0.23 | 3.24% | 9/30/2014 | 10/2/2014 | 10/23/2014 |
| 5/8/2014 | quarterly | $0.23 | 3.15% | 6/30/2014 | 7/2/2014 | 7/24/2014 |
| 3/6/2014 | quarterly | $0.23 | 3.6% | 4/1/2014 | 4/3/2014 | 4/24/2014 |
| 12/12/2013 | quarterly | $0.23 | 2.76% | 12/31/2013 | 1/3/2014 | 1/23/2014 |
| 9/9/2013 | quarterly | $0.21 | 2.22% | 9/27/2013 | 10/1/2013 | 10/24/2013 |
| 5/9/2013 | quarterly | $0.21 | 2.39% | 6/28/2013 | 7/2/2013 | 7/25/2013 |
| 3/7/2013 | quarterly | $0.21 | 2.23% | 4/2/2013 | 4/4/2013 | 4/25/2013 |
| 12/17/2012 | quarterly | $0.21 | 2.31% | 12/31/2012 | 1/3/2013 | 1/24/2013 |
(Data available from 1/1/2013 forward)
Rent-A-Center (NASDAQ RCII) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 3.40%
Rent-A-Center (NASDAQ RCII) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 5/23/2017 | Steven L Pepper | Director | Buy | 45,000 | $10.93 | $491,850.00 | |  |
| 5/10/2017 | Mark E Speese | Chairman | Buy | 100,000 | $11.70 | $1,170,000.00 | 844,627 | |
| 3/23/2017 | Engaged Capital Llc | Major Shareholder | Buy | 1,695,233 | $8.65 | $14,663,765.45 | | |
| 2/27/2017 | Mark E Denman | EVP | Buy | 5,000 | $8.70 | $43,500.00 | 21,162 | |
| 2/17/2017 | Mark E Speese | Chairman | Buy | 100,000 | $8.45 | $845,000.00 | 744,627 | |
| 2/16/2017 | Christopher A Korst | EVP | Buy | 5,000 | $8.32 | $41,600.00 | 32,549 | |
| 8/1/2016 | Robert Dale Davis | CEO | Buy | 10,000 | $10.87 | $108,700.00 | 131,850 | |
| 5/2/2016 | Jeffery M Jackson | Director | Buy | 1,400 | $14.87 | $20,818.00 | 6,055 | |
| 2/5/2016 | Robert Dale Davis | CEO | Buy | 10,000 | $10.66 | $106,600.00 | 121,850 | |
| 2/4/2016 | Jeffery M Jackson | Director | Buy | 955 | $10.52 | $10,046.60 | 4,655 | |
| 11/20/2015 | Mark E Denman | EVP | Buy | 1,270 | $16.84 | $21,386.80 | 5,035 | |
| 11/18/2015 | Jeffery M Jackson | Director | Buy | 1,000 | $16.70 | $16,700.00 | 3,700 | |
| 10/30/2015 | Robert Dale Davis | CEO | Buy | 10,000 | $18.42 | $184,200.00 | 75,595 | |
| 10/29/2015 | Jeffery M Jackson | Director | Buy | 1,200 | $17.76 | $21,312.00 | 2,700 | |
| 8/17/2015 | Michael J Gade | Director | Sell | 9,000 | $27.39 | $246,510.00 | | |
| 7/31/2015 | Robert Dale Davis | CEO | Buy | 5,000 | $26.86 | $134,300.00 | | |
| 5/20/2015 | Mark E Speese | Chairman | Sell | 153,510 | $32.61 | $5,005,961.10 | | |
| 8/25/2014 | Joel M Mussat | EVP | Sell | 1,319 | $26.32 | $34,716.08 | | |
| 8/11/2014 | Guy J Constant | CFO | Buy | 10,000 | $24.84 | $248,400.00 | | |
| 8/1/2014 | J V Lentell | Director | Buy | 5,000 | $23.81 | $119,050.00 | | |
| 4/28/2014 | Mitchell Fadel | COO | Sell | 75,544 | $29.66 | $2,240,635.04 | 24,764 | |
| 1/30/2014 | Robert Dale Davis | CFO | Buy | 4,000 | $25.04 | $100,160.00 | 34,347 | |
| 8/2/2013 | J Lentell | Director | Sell | 5,000 | $40.34 | $201,700.00 | | |
| 5/22/2013 | Theodore V Demarino | EVP | Sell | 8,033 | $35.69 | $286,697.77 | | |
| 2/15/2013 | Theodore V Demarino | EVP | Sell | 5,000 | $37.41 | $187,050.00 | | |
(Data available from 1/1/2013 forward)
Rent-A-Center (NASDAQ RCII) News Headlines
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Rent-A-Center (NASDAQ:RCII) SEC Filings
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Rent-A-Center (NASDAQ:RCII) Income Statement, Balance Sheet and Cash Flow Statement
Rent-A-Center (NASDAQ RCII) Stock Chart for Tuesday, April, 24, 2018
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