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
Stock Exchange NASDAQ
Industry Equipment rental & leasing, not elsewhere classified
Sub-IndustryComputer & Electronics Retail
SectorConsumer Discretionary
Current SymbolNASDAQ:RCII
Previous Symbol
CUSIP76009N10
Phone972-801-1100
Debt
Debt-to-Equity Ratio1.90
Current Ratio2.56
Quick Ratio0.66
Price-To-Earnings
Trailing P/E Ratio-26.89
Forward P/E Ratio14.52
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.70 billion
Price / Sales0.29
Cash Flow$12.6261 per share
Price / Cash Flow1.15
Book Value$5.11 per share
Price / Book2.84
Profitability
EPS (Most Recent Fiscal Year)($0.54)
Net Income$6.65 million
Net Margins1.58%
Return on Equity6.16%
Return on Assets1.20%
Miscellaneous
Employees18,300
Outstanding Shares53,510,000
Market Cap$778.64 million
OptionableOptionable
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) announced its quarterly earnings data on Monday, November, 5th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.28 by $0.04. The firm had revenue of $645 million for the quarter, compared to analyst estimates of $636.43 million. Rent-A-Center had a return on equity of 6.16% and a net margin of 1.58%. The company's revenue was up .2% on a year-over-year basis. During the same period in the prior year, the company earned ($0.15) 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 Wall Street analysts have issued twelve-month target prices for Rent-A-Center's stock. Their predictions range from $5.00 to $15.00. On average, they anticipate Rent-A-Center's stock price to reach $10.50 in the next twelve months. This suggests that the stock has a possible downside of 27.7%. View Analyst Price Targets for Rent-A-Center.
What is the consensus analysts' recommendation for Rent-A-Center?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rent-A-Center in the last year. There are currently 1 sell rating and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Rent-A-Center.
Has Rent-A-Center been receiving favorable news coverage?
News stories about RCII stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Rent-A-Center earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term.
Who are some of Rent-A-Center's key competitors?
Some companies that are related to Rent-A-Center include Aaron's (AAN), Triton International (TRTN), Aircastle (AYR), McGrath RentCorp (MGRC), Exterran (EXTN), Textainer Group (TGH), CAI International (CAI), General Finance (GFN), Black Diamond Group (BDIMF), MITCHAM INDUSTR/SH (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:
- Mr. Mitchell E. Fadel, CEO & Director (Age 61)
- Ms. Maureen B. Short, Interim Chief Financial Officer (Age 43)
- Mr. Fred E. Herman, Exec. VP & Chief Information Officer (Age 61)
- Mr. Joel M. Mussat, COO & Exec. VP (Age 46)
- Mr. Christopher A. Korst, Exec. VP, Chief Admin. Officer & Gen. Counsel (Age 58)
Who are Rent-A-Center's major shareholders?
Rent-A-Center's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.16%), Vanguard Group Inc. (9.26%), Vanguard Group Inc (9.26%), Water Island Capital LLC (3.74%), Marshall Wace LLP (3.21%) and JPMorgan Chase & Co. (2.89%). Company insiders that own Rent-A-Center stock include Christopher A Korst, Engaged Capital Llc, Mark E Denman, Mark E Speese and Steven L Pepper. 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 Marshall Wace North America L.P., Canada Pension Plan Investment Board, BlackRock Inc., Brandes Investment Partners LP, Signia Capital Management LLC, Engineers Gate Manager LP, GSA Capital Partners LLP and Chicago Capital Management LLC. View Insider Buying and Selling for Rent-A-Center.
Which major investors are buying Rent-A-Center stock?
RCII stock was acquired by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Water Island Capital LLC, Man Group plc, Laurion Capital Management LP, GAM Holding AG, Candriam Luxembourg S.C.A., Morgan Stanley and Paloma Partners Management Co. 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 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 $14.52.
How big of a company is Rent-A-Center?
Rent-A-Center has a market capitalization of $778.64 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.
What is Rent-A-Center's official website?
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 (NASDAQ 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.
