Rent-A-Center Stock Forecast, Price & News

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

Is Rent-A-Center a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rent-A-Center in the last year. There are currently 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Rent-A-Center stock.
View analyst ratings for Rent-A-Center or view top-rated stocks.

How has Rent-A-Center's stock been impacted by COVID-19?

Rent-A-Center's stock was trading at $17.87 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, RCII stock has increased by 175.6% and is now trading at $49.25.
View which stocks have been most impacted by COVID-19.

Are investors shorting Rent-A-Center?

Rent-A-Center saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 2,940,000 shares, an increase of 24.6% from the October 31st total of 2,360,000 shares. Based on an average daily trading volume, of 667,700 shares, the days-to-cover ratio is currently 4.4 days. Approximately 4.9% of the shares of the company are sold short.
View Rent-A-Center's Short Interest.

When is Rent-A-Center's next earnings date?

Rent-A-Center is scheduled to release its next quarterly earnings announcement on Wednesday, February 23rd 2022.
View our earnings forecast for Rent-A-Center.

How were Rent-A-Center's earnings last quarter?

Rent-A-Center, Inc. (NASDAQ:RCII) issued its earnings results on Tuesday, November, 2nd. The company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.05. The business earned $1.18 billion during the quarter, compared to analysts' expectations of $1.18 billion. Rent-A-Center had a trailing twelve-month return on equity of 47.72% and a net margin of 4.39%. During the same period last year, the company posted $1.04 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 declared a quarterly dividend on Monday, December 6th. Shareholders of record on Thursday, December 16th will be given a dividend of $0.34 per share on Thursday, January 13th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date is Wednesday, December 15th. This is a boost from Rent-A-Center's previous quarterly dividend of $0.31.
View Rent-A-Center's dividend history.

Is Rent-A-Center a good dividend stock?

Rent-A-Center pays an annual dividend of $1.24 per share and currently has a dividend yield of 2.63%. 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 43.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Rent-A-Center will have a dividend payout ratio of 17.92% 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 FY 2021 earnings guidance on Wednesday, November, 10th. The company provided earnings per share guidance of $5.900-$6.150 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.260. The company issued revenue guidance of $4.55 billion-$4.64 billion, compared to the consensus revenue estimate of $4.63 billion.

What price target have analysts set for RCII?

7 brokers have issued twelve-month price targets for Rent-A-Center's shares. Their forecasts range from $52.00 to $85.00. On average, they expect Rent-A-Center's share price to reach $68.40 in the next year. This suggests a possible upside of 38.9% 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:

• Mitchell E. Fadel, Chief Executive Officer & Director (LinkedIn Profile)
• James E. York, Vice President-Operations
• Maureen B. Short, Chief Financial Officer & Executive Vice President (LinkedIn Profile)
• Michael J. Santimaw, Chief Information Officer & Senior Vice President
• Catherine M. Skula, Chief Development Officer & Executive VP (LinkedIn Profile)

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 AerCap (AER), Air Lease (AL), Triton International (TRTN), PROG (PRG), Custom Truck One Source (CTOS), McGrath RentCorp (MGRC), Textainer Group (TGH), CAI International (CAI), Aaron's (AAN), Katapult (KPLT), Black Diamond Group (BDIMF), AeroCentury (ACY), Exterran (EXTN), Quest Resource (QRHC) and FlexShopper (FPAY).
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. (14.65%), Fuller & Thaler Asset Management Inc. (2.88%), Hood River Capital Management LLC (1.93%), Renaissance Technologies LLC (1.85%), Dimensional Fund Advisors LP (1.82%) and Geode Capital Management LLC (1.76%). Company insiders that own Rent-A-Center stock include Ann L Davids, Anthony J Blasquez, Catherine M Skula, Christopher B Hetrick, Jeffrey J Brown, Maureen B Short 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 Renaissance Technologies LLC, Barclays PLC, LSV Asset Management, Russell Investments Group Ltd., Arrowstreet Capital Limited Partnership, Collaborative Holdings Management LP, AXA S.A., and BlackRock Inc.. Company insiders that have sold Rent-A-Center company stock in the last year include Ann L Davids, 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 Moors & Cabot Inc., Millennium Management LLC, Wellington Management Group LLP, Goldman Sachs Group Inc., California Public Employees Retirement System, Morgan Stanley, Two Sigma Investments LP, and Mutual of America Capital Management LLC. Company insiders that have bought Rent-A-Center stock in the last two years include Christopher B Hetrick, and Jeffrey J Brown.
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.
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What is Rent-A-Center's stock price today?

One share of RCII stock can currently be purchased for approximately $49.25.

How much money does Rent-A-Center make?

Rent-A-Center has a market capitalization of $3.26 billion and generates $2.81 billion in revenue each year. The company earns $208.12 million in net income (profit) each year or $2.85 on an earnings per share basis.

How many employees does Rent-A-Center have?

Rent-A-Center employs 14,320 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.

Where are Rent-A-Center's headquarters?

Rent-A-Center is headquartered at 5501 HEADQUARTERS DRIVE, PLANO TX, 75024.

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.