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
Phone972-801-1100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.70 billion
Profitability
Miscellaneous
Employees18,300
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 results on Monday, April, 30th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by $0.16. The company earned $698 million during the quarter, compared to analyst estimates of $701.27 million. Rent-A-Center had a net margin of 1.58% and a return on equity of 6.16%. The firm's revenue for the quarter was down 5.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.04 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?
7 brokerages have issued 12-month price targets for Rent-A-Center's shares. Their predictions range from $10.00 to $18.00. On average, they expect Rent-A-Center's share price to reach $14.8283 in the next year. This suggests that the stock has a possible downside of 17.4%. View Analyst Price Targets for Rent-A-Center.
What is the consensus analysts' recommendation for Rent-A-Center?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rent-A-Center in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating 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 coverage about RCII stock has been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive media 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 nearest to five being the most favorable. Rent-A-Center earned a daily sentiment score of 1.4 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
Are investors shorting Rent-A-Center?
Rent-A-Center saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 5,975,021 shares, an increase of 24.7% from the January 15th total of 4,790,429 shares. Based on an average trading volume of 1,563,997 shares, the days-to-cover ratio is presently 3.8 days. Approximately 11.9% of the company's stock are sold short. 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 Aaron's (AAN), Triton International (TRTN), Aircastle (AYR), McGrath RentCorp (MGRC), Textainer Group (TGH), Exterran (EXTN), 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 62)
- Ms. Maureen B. Short, Chief Financial Officer (Age 44)
- Mr. Fred E. Herman, Exec. VP & Chief Information Officer (Age 62)
- Mr. Christopher A. Korst, Exec. VP, Chief Admin. Officer & Gen. Counsel (Age 59)
- Ms. Christi M. Liebe, CTO & VP of IT
Who are Rent-A-Center's major shareholders?
Rent-A-Center's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.42%), Engaged Capital LLC (9.97%), Water Island Capital LLC (4.56%), LMR Partners LLP (3.68%), Millennium Management LLC (2.59%) and Dimensional Fund Advisors LP (1.69%). Company insiders that own Rent-A-Center stock include Catherine M Skula, Christopher A Korst, Engaged Capital Llc, Fred E Herman, 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 Brandes Investment Partners LP, SG Americas Securities LLC, Bank of America Corp DE, Paloma Partners Management Co, Signia Capital Management LLC, Jane Street Group LLC, Exane Asset Management and Dimensional Fund Advisors LP. Company insiders that have sold Rent-A-Center company stock in the last year include Catherine M Skula, Christopher A Korst, Engaged Capital Llc and Fred E Herman. View Insider Buying and Selling for Rent-A-Center.
Which major investors are buying Rent-A-Center stock?
RCII stock was purchased by a variety of institutional investors in the last quarter, including LMR Partners LLP, Millennium Management LLC, Engaged Capital LLC, D. E. Shaw & Co. Inc., Water Island Capital LLC, P Schoenfeld Asset Management LP, Connor Clark & Lunn Investment Management Ltd. and BlackRock Inc.. Company insiders that have bought Rent-A-Center stock in the last two years include 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 $17.96.
How big of a company is Rent-A-Center?
Rent-A-Center has a market capitalization of $961.13 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.
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.
