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 Ratio2.34
Current Ratio2.51
Quick Ratio0.58
Price-To-Earnings
Trailing P/E Ratio-27.50
Forward P/E Ratio22.06
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.70 billion
Price / Sales0.29
Cash Flow$12.7414 per share
Price / Cash1.16
Book Value$5.11 per share
Price / Book2.89
Profitability
EPS (Most Recent Fiscal Year)($0.54)
Net Income$6.65 million
Net Margins-0.24%
Return on Equity-13.81%
Return on Assets-2.45%
Miscellaneous
Employees18,300
Outstanding Shares53,420,000
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 were Rent-A-Center's earnings last quarter?
Rent-A-Center Inc (NASDAQ:RCII) released its earnings results on Monday, April, 30th. The company reported ($0.08) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.08 by $0.16. The firm earned $698 million during the quarter, compared to analyst estimates of $701.27 million. Rent-A-Center had a negative return on equity of 13.81% and a negative net margin of 0.24%. The firm's revenue was down 5.9% on a year-over-year basis. During the same quarter last year, the business posted $0.04 EPS. View Rent-A-Center's Earnings History.
When is Rent-A-Center's next earnings date?
What price target have analysts set for RCII?
6 brokers have issued 1 year price objectives for Rent-A-Center's stock. Their predictions range from $5.00 to $12.00. On average, they expect Rent-A-Center's stock price to reach $9.50 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 during the month of May. As of May 31st, there was short interest totalling 27,979,079 shares, an increase of 3.4% from the May 15th total of 28,960,388 shares. Based on an average daily volume of 821,766 shares, the days-to-cover ratio is presently 34.0 days. Currently, 57.6% of the shares of the stock are short sold. View Rent-A-Center's Current Options Chain.
Who are some of Rent-A-Center's key competitors?
Some companies that are related to Rent-A-Center include Triton International (TRTN), Aircastle (AYR), McGrath RentCorp (MGRC), Exterran (EXTN), Textainer Group (TGH), CAI International (CAI), General Finance Co. Common Stock (GFN), Black Diamond Group (BDIMF), Mitcham Industries (MIND), Quest Resource (QRHC), FlexShopper (FPAY) and Aly Energy Services (ALYE).
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 articles about RCII stock have trended somewhat positive this week, according to Accern Sentiment. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Rent-A-Center earned a daily sentiment score of 0.09 on Accern's scale. They also assigned news coverage about the company an impact score of 47.02 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Rent-A-Center's major shareholders?
Rent-A-Center's stock is owned by a variety of of retail and institutional investors. Top institutional investors include ENGAGED CAPITAL LLC (16.80%), BlackRock Inc. (12.17%), Schwab Charles Investment Management Inc. (2.91%), Frontier Capital Management Co. LLC (2.88%), JPMorgan Chase & Co. (2.71%) and Dimensional Fund Advisors LP (1.74%). Company insiders that own Rent-A-Center stock include Christopher A Korst, Engaged Capital Llc, Mark E Denman, Mark E Speese, Robert Dale Davis and Steven L Pepper. View Institutional Ownership Trends for Rent-A-Center.
Which institutional investors are selling Rent-A-Center stock?
RCII stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Water Island Capital LLC, JPMorgan Chase & Co., GSA Capital Partners LLP, California Public Employees Retirement System, Harvest Capital Strategies LLC, Thompson Siegel & Walmsley LLC and OMERS ADMINISTRATION Corp. View Insider Buying and Selling for Rent-A-Center.
Which institutional investors are buying Rent-A-Center stock?
RCII stock was acquired by a variety of institutional investors in the last quarter, including Alta Fundamental Advisers LLC, Freestone Capital Holdings LLC, A.R.T. Advisors LLC, Ancora Advisors LLC, Tokio Marine Asset Management Co. Ltd., B. Riley Financial Inc., Guggenheim Capital LLC and BlackRock Inc.. Company insiders that have bought Rent-A-Center stock in the last two years include Christopher A Korst, Engaged Capital Llc, Mark E Denman, Mark E Speese, Robert Dale Davis and Steven L Pepper. View Insider Buying and Selling for Rent-A-Center.
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 $14.78.
How big of a company is Rent-A-Center?
Rent-A-Center has a market capitalization of $784.13 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.
