NASDAQ:RCII

Rent-A-Center (RCII) Stock Forecast, Price & News

$24.99

-0.65 (-2.54%)

(As of 05/20/2022 06:55 PM ET)

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Today's Range: $23.83
▼
$25.81
50-Day Range: $23.52
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$28.90
52-Week Range: $22.70
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$67.76

Volume: 915,900 shs
Average Volume: 1.06 million shs
Market Capitalization: $1.48 billion

P/E Ratio: 19.52
Dividend Yield: 5.44%
Beta: 1.55

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About Rent-A-Center

Rent-A-Center, Inc., together with its subsidiaries, leases household durable goods to customers on a lease-to-own basis. The company operates in four segments: Rent-A-Center Business, Acima, Mexico, and Franchising. It offers furniture and accessories, appliances, consumer electronics, computers, tablets and smartphones, tools, tires, handbags, and other accessories under rental purchase agreements. The company also provides merchandise on an installment sales basis; and the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer through kiosks located within retailer's locations. It operates retail installment sales stores under the Get It Now and Home Choice names; lease-to-own and franchised lease-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names; and rentacenter.com, an e-commerce platform. As of December 31, 2021, the company owned and operated approximately 1,846 stores in the United States and Puerto Rico, including 45 retail installment sales stores; 35 Acima staffed locations in North Carolina; and 123 stores in Mexico, as well as franchised 466 lease-to-own stores in 32 states. Rent-A-Center, Inc. was founded in 1960 and is headquartered in Plano, Texas.

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May 9, 2022 | businesswire.com

Rent-A-Center Opens Store in Lee's Summit, Missouri - Business Wire

May 9, 2022 | finance.yahoo.com

Rent-A-Center, Inc. Publishes Inaugural Sustainability Report - Yahoo Finance

May 9, 2022 | finance.yahoo.com

Rent-A-Center, Inc. Publishes Inaugural Sustainability Report

May 6, 2022 | streetinsider.com

Form 10-Q RENT A CENTER INC DE For: Mar 31 - StreetInsider.com

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Rent-A-Center (NASDAQ:RCII) Trading Up 4% on Earnings Beat

May 5, 2022 | streetinsider.com

Rent-A-Center, Inc. Reports First Quarter 2022 Results - StreetInsider.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Equipment rental & leasing, not elsewhere classified
Sub-Industry: Computer & Electronics Retail
Sector: Consumer Discretionary
Current Symbol: NASDAQ:RCII
Previous Symbol
CUSIP: 76009N10
CIK: 933036
Web: www.rentacenter.com
Phone: (972) 801-1100
Fax: 972-943-0113
Employees: 14,290
Year Founded: 1986

Sales & Book Value

Annual Sales: $4.58 billion
Price / Sales: 0.32
Cash Flow: $26.03 per share
Price / Cash Flow: 0.96
Book Value: $8.84 per share
Price / Book: 2.83

Profitability

EPS (Most Recent Fiscal Year): $1.279990
Net Income: $134.94 million
Net Margins: 1.87%
Pretax Margin: 2.91%
Return on Equity: 48.47%
Return on Assets: 11.10%

Debt

Debt-to-Equity Ratio: 2.68
Current Ratio: 3.25
Quick Ratio: 0.73

Price-To-Earnings

Trailing P/E Ratio: 19.52
Forward P/E Ratio: 5.39
P/E Growth: N/A

Miscellaneous

Outstanding Shares: 59,143,000
Free Float: 58,256,000
Market Cap: $1.48 billion
Optionable: Optionable

Company Calendar

Ex-Dividend for 4/22 Dividend: 4/04/2022
Dividend Payable: 4/22/2022
Last Earnings: 5/04/2022
Today: 5/22/2022
Next Earnings (Estimated): 8/03/2022
Fiscal Year End: 12/31/2022

MarketRank^™

Overall MarketRank^™

3.07 out of 5 stars

Consumer Discretionary Sector

22nd out of 397 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

2nd out of 18 stocks

3.5 Analyst's Opinion

Consensus Rating
Rent-A-Center has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $56.33, Rent-A-Center has a forecasted upside of 125.4% from its current price of $24.99.
Amount of Analyst Coverage
Rent-A-Center has only been the subject of 2 research reports in the past 90 days.

4.1 Community Rank

Outperform Votes
Rent-A-Center has received 400 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Rent-A-Center has received 255 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Rent-A-Center has received 61.07% “outperform” votes from our community.

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.

2.5 Dividend Strength

Dividend Leadership
Rent-A-Center is a leading dividend payer. It pays a dividend yield of 5.44%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Rent-A-Center has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Rent-A-Center is 106.25%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Rent-A-Center will have a dividend payout ratio of 23.90% next year. This indicates that Rent-A-Center will be able to sustain or increase its dividend.

3.3 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Rent-A-Center insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,108,193.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.50% of the stock of Rent-A-Center is held by insiders.
Percentage Held by Institutions
81.66% of the stock of Rent-A-Center is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Rent-A-Center are expected to grow by 22.63% in the coming year, from $4.64 to $5.69 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Rent-A-Center is 19.52, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 9.61.
Price to Earnings Ratio vs. Sector
The P/E ratio of Rent-A-Center is 19.52, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.71.
Price to Book Value per Share Ratio
Rent-A-Center has a P/B Ratio of 2.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Rent-A-Center (NASDAQ:RCII) Frequently Asked Questions

Is Rent-A-Center a buy right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rent-A-Center in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Rent-A-Center stock.
View analyst ratings for Rent-A-Center or view top-rated stocks.
When is Rent-A-Center's next earnings date?: Rent-A-Center is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for Rent-A-Center.
How were Rent-A-Center's earnings last quarter?: Rent-A-Center, Inc. (NASDAQ:RCII) posted its quarterly earnings data on Wednesday, May, 4th. The company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.03. The firm earned $1.13 billion during the quarter, compared to analysts' expectations of $1.11 billion. Rent-A-Center had a trailing twelve-month return on equity of 48.47% and a net margin of 1.87%. The company's quarterly revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.32 EPS.
View Rent-A-Center's earnings history.
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 Thursday, March 24th. Shareholders of record on Tuesday, April 5th will be paid a dividend of $0.34 per share on Friday, April 22nd. This represents a $1.36 dividend on an annualized basis and a dividend yield of 5.44%. The ex-dividend date of this dividend is Monday, April 4th.
View Rent-A-Center's dividend history.
Is Rent-A-Center a good dividend stock?: Rent-A-Center pays an annual dividend of $1.36 per share and currently has a dividend yield of 5.44%. RCII has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Rent-A-Center has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Rent-A-Center is 106.25%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Rent-A-Center will have a dividend payout ratio of 23.90% next year. This indicates that Rent-A-Center will be able to sustain or increase its dividend.
View Rent-A-Center's dividend history.
What guidance has Rent-A-Center issued on next quarter's earnings?: Rent-A-Center updated its second quarter 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of $0.95-$1.10 for the period, compared to the consensus earnings per share estimate of $1.30. The company issued revenue guidance of $1.04 billion-$1.07 billion, compared to the consensus revenue estimate of $1.13 billion.
What price target have analysts set for RCII?: 4 brokerages have issued 12-month target prices for Rent-A-Center's stock. Their forecasts range from $40.00 to $85.00. On average, they expect Rent-A-Center's stock price to reach $56.33 in the next twelve months. This suggests a possible upside of 125.4% from the stock's current price.
View analysts' price targets for Rent-A-Center or view top-rated stocks among Wall Street analysts.
Who are Rent-A-Center's key executives?: Rent-A-Center's management team includes the following people:
Mr. Mitchell E. Fadel, CEO & Director (Age 65, Pay $3.51M) (LinkedIn Profile)
Ms. Maureen B. Short, Exec. VP & CFO (Age 47, Pay $953.64k) (LinkedIn Profile)
Ms. Ann L. Davids, Exec. VP, Chief Customer Officer & Chief Marketing Officer (Age 53, Pay $698.5k)
Mr. Michael Santimaw, Sr. VP & Chief Information Officer
Mr. Brendan James Metrano C.F.A., VP of Investor Relations
Mr. Bryan J. Pechersky, Exec. VP, Gen. Counsel & Corp. Sec. (Age 51)
Tyler Montrone, Sr. VP, Chief Compliance Officer & Assistant Gen. Counsel Acima
Mr. Transient C. Taylor, Exec. VP & Chief HR Officer (Age 56)
Mr. James York, Sr. VP of Rent-A-Center East (Age 53)
Mr. Tim Pitt, Sr. VP of Marketing & Merchandising
What is Mitch Fadel's approval rating as Rent-A-Center's CEO?: 189 employees have rated Rent-A-Center CEO Mitch Fadel on Glassdoor.com. Mitch Fadel has an approval rating of 53% among Rent-A-Center's employees. This puts Mitch Fadel in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
Who are some of Rent-A-Center's key competitors?: Some companies that are related to Rent-A-Center include Air Lease (AL), Triton International (TRTN), McGrath RentCorp (MGRC), Textainer Group (TGH), Custom Truck One Source (CTOS), PROG (PRG), Aaron's (AAN), Black Diamond Group (BDIMF), Exterran (EXTN), Katapult (KPLT), FlexShopper (FPAY), Mega Matrix (MTMT), Aly Energy Services (ALYE) and MediGreen (RFMK).
View all of RCII's competitors.
What other stocks do shareholders of Rent-A-Center own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Rent-A-Center investors own include NVIDIA (NVDA), Aaron's (AAN), Advanced Micro Devices (AMD), Enterprise Products Partners (EPD), Intel (INTC), Micron Technology (MU), PayPal (PYPL), AT&T (T), Activision Blizzard (ATVI) and McDonald's (MCD).
What is Rent-A-Center's stock symbol?: Rent-A-Center trades on the NASDAQ under the ticker symbol "RCII."
Who are Rent-A-Center's major shareholders?: Rent-A-Center's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.13%), Vanguard Group Inc. (11.19%), State Street Corp (3.95%), Ieq Capital LLC (3.42%), Fuller & Thaler Asset Management Inc. (2.09%) and Dimensional Fund Advisors LP (1.97%). Company insiders that own Rent-A-Center stock include Ann L Davids, Anthony J Blasquez, Anthony J Blasquez, Catherine M Skula, Christopher B Hetrick, Jeffrey J Brown, Maureen B Short, Mitchell E Fadel and Mitchell E Fadel.
View institutional ownership trends for Rent-A-Center.
Which major investors are selling Rent-A-Center stock?: RCII stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Fuller & Thaler Asset Management Inc., Royce & Associates LP, Vanguard Group Inc., JPMorgan Chase & Co., Alyeska Investment Group L.P., Renaissance Technologies LLC, and Allianz Asset Management GmbH. Company insiders that have sold Rent-A-Center company stock in the last year include Anthony J Blasquez, Catherine M Skula, Maureen B Short, and Mitchell E Fadel.
View insider buying and selling activity for Rent-A-Center or view top insider-selling stocks.
Which major investors are buying Rent-A-Center stock?: RCII stock was purchased by a variety of institutional investors in the last quarter, including Ieq Capital LLC, Victory Capital Management Inc., Philadelphia Financial Management of San Francisco LLC, State Street Corp, Connacht Asset Management LP, EMG Holdings L.P., Invesco Ltd., and LSV Asset Management. Company insiders that have bought Rent-A-Center stock in the last two years include Christopher B Hetrick, Jeffrey J Brown, and Mitchell E Fadel.
View insider buying and selling activity for Rent-A-Center or or view top insider-buying stocks.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Rent-A-Center's stock price today?: One share of RCII stock can currently be purchased for approximately $24.99.
How much money does Rent-A-Center make?: Rent-A-Center has a market capitalization of $1.48 billion and generates $4.58 billion in revenue each year. The company earns $134.94 million in net income (profit) each year or $1.279990 on an earnings per share basis.
How many employees does Rent-A-Center have?: Rent-A-Center employs 14,290 workers across the globe.
Does Rent-A-Center have any subsidiaries?: The following companies are subsidiares of Rent-A-Center: Rainbow Rentals, Rent-Way, and The Rental Store.
When was Rent-A-Center founded?: Rent-A-Center was founded in 1986.
What is Rent-A-Center's official website?: The official website for Rent-A-Center is www.rentacenter.com.
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, via email at [email protected], or via fax at 972-943-0113.

This page was last updated on 5/23/2022 by MarketBeat.com Staff

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Rent-A-Center (RCII) Stock Forecast, Price & News

About Rent-A-Center

Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Company Calendar

MarketRank™

Overall MarketRank™

3.5 Analyst's Opinion

4.1 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

2.5 Dividend Strength

3.3 Company Ownership

1.9 Earnings and Valuation

Rent-A-Center (NASDAQ:RCII) Frequently Asked Questions

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MarketRank^™

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