QQQ   332.28 (+0.57%)
AAPL   172.91 (+0.47%)
MSFT   293.05 (+0.39%)
META   180.41 (-0.05%)
GOOGL   121.91 (+0.19%)
AMZN   142.70 (-0.59%)
TSLA   930.61 (+3.39%)
NVDA   188.05 (+0.51%)
NIO   21.31 (+0.95%)
BABA   93.92 (-0.90%)
AMD   100.43 (-0.40%)
MU   64.44 (-0.92%)
T   18.43 (+0.88%)
CGC   3.86 (+16.97%)
GE   79.64 (-0.36%)
F   16.32 (+0.87%)
DIS   124.24 (+2.20%)
AMC   23.46 (-4.01%)
PYPL   101.34 (+0.24%)
PFE   49.74 (-0.74%)
NFLX   248.18 (-0.45%)
QQQ   332.28 (+0.57%)
AAPL   172.91 (+0.47%)
MSFT   293.05 (+0.39%)
META   180.41 (-0.05%)
GOOGL   121.91 (+0.19%)
AMZN   142.70 (-0.59%)
TSLA   930.61 (+3.39%)
NVDA   188.05 (+0.51%)
NIO   21.31 (+0.95%)
BABA   93.92 (-0.90%)
AMD   100.43 (-0.40%)
MU   64.44 (-0.92%)
T   18.43 (+0.88%)
CGC   3.86 (+16.97%)
GE   79.64 (-0.36%)
F   16.32 (+0.87%)
DIS   124.24 (+2.20%)
AMC   23.46 (-4.01%)
PYPL   101.34 (+0.24%)
PFE   49.74 (-0.74%)
NFLX   248.18 (-0.45%)
QQQ   332.28 (+0.57%)
AAPL   172.91 (+0.47%)
MSFT   293.05 (+0.39%)
META   180.41 (-0.05%)
GOOGL   121.91 (+0.19%)
AMZN   142.70 (-0.59%)
TSLA   930.61 (+3.39%)
NVDA   188.05 (+0.51%)
NIO   21.31 (+0.95%)
BABA   93.92 (-0.90%)
AMD   100.43 (-0.40%)
MU   64.44 (-0.92%)
T   18.43 (+0.88%)
CGC   3.86 (+16.97%)
GE   79.64 (-0.36%)
F   16.32 (+0.87%)
DIS   124.24 (+2.20%)
AMC   23.46 (-4.01%)
PYPL   101.34 (+0.24%)
PFE   49.74 (-0.74%)
NFLX   248.18 (-0.45%)
QQQ   332.28 (+0.57%)
AAPL   172.91 (+0.47%)
MSFT   293.05 (+0.39%)
META   180.41 (-0.05%)
GOOGL   121.91 (+0.19%)
AMZN   142.70 (-0.59%)
TSLA   930.61 (+3.39%)
NVDA   188.05 (+0.51%)
NIO   21.31 (+0.95%)
BABA   93.92 (-0.90%)
AMD   100.43 (-0.40%)
MU   64.44 (-0.92%)
T   18.43 (+0.88%)
CGC   3.86 (+16.97%)
GE   79.64 (-0.36%)
F   16.32 (+0.87%)
DIS   124.24 (+2.20%)
AMC   23.46 (-4.01%)
PYPL   101.34 (+0.24%)
PFE   49.74 (-0.74%)
NFLX   248.18 (-0.45%)
NASDAQ:RCII

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

$29.88
-0.86 (-2.80%)
(As of 08/15/2022 02:21 PM ET)
Add
Compare
Today's Range
$29.84
$30.56
50-Day Range
$19.45
$30.74
52-Week Range
$18.88
$67.76
Volume
12,942 shs
Average Volume
997,581 shs
Market Capitalization
$1.77 billion
P/E Ratio
42.08
Dividend Yield
4.42%
Price Target
$52.00

Rent-A-Center MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
72.0% Upside
$52.00 Price Target
Short Interest
Healthy
9.16% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.94
Upright™ Environmental Score
News Sentiment
0.08mentions of Rent-A-Center in the last 14 days
Based on 13 Articles This Week
Insider Trading
Acquiring Shares
$25,304 Bought Last Quarter
Proj. Earnings Growth
14.05%
From $4.20 to $4.79 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.82 out of 5 stars

Consumer Discretionary Sector

48th out of 291 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

4th out of 14 stocks

RCII stock logo

About Rent-A-Center (NASDAQ:RCII) Stock

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.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. StockNews.com cut Rent-A-Center from a "buy" rating to a "hold" rating in a report on Tuesday, August 2nd. KeyCorp cut their target price on Rent-A-Center from $44.00 to $41.00 and set an "overweight" rating for the company in a research note on Friday, August 5th. Finally, Stephens cut Rent-A-Center from an "overweight" rating to an "equal weight" rating and set a $42.00 target price for the company. in a research note on Wednesday, June 29th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, Rent-A-Center presently has an average rating of "Moderate Buy" and a consensus target price of $52.00.

Rent-A-Center Price Performance

RCII Stock opened at $30.74 on Monday. The business has a fifty day moving average of $23.28 and a two-hundred day moving average of $27.06. The company has a quick ratio of 0.73, a current ratio of 3.37 and a debt-to-equity ratio of 2.45. The stock has a market cap of $1.82 billion, a price-to-earnings ratio of 43.30 and a beta of 1.67. Rent-A-Center has a 52-week low of $18.88 and a 52-week high of $67.76.

Rent-A-Center (NASDAQ:RCII - Get Rating) last posted its earnings results on Wednesday, August 3rd. The company reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.13. Rent-A-Center had a return on equity of 46.90% and a net margin of 1.02%. During the same quarter in the previous year, the business earned $1.63 earnings per share. As a group, research analysts anticipate that Rent-A-Center will post 4.2 earnings per share for the current year.

Rent-A-Center Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 12th. Stockholders of record on Tuesday, June 21st were given a dividend of $0.34 per share. The ex-dividend date was Friday, June 17th. This represents a $1.36 annualized dividend and a dividend yield of 4.42%. Rent-A-Center's dividend payout ratio is currently 191.55%.

Insider Transactions at Rent-A-Center

In other news, Director Jeffrey J. Brown purchased 1,223 shares of the stock in a transaction dated Tuesday, July 12th. The stock was acquired at an average cost of $20.69 per share, for a total transaction of $25,303.87. Following the completion of the transaction, the director now directly owns 75,669 shares in the company, valued at approximately $1,565,591.61. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 1.50% of the company's stock.

Receive RCII Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Rent-A-Center and its competitors with MarketBeat's FREE daily newsletter.

RCII Stock News Headlines

StockNews.com Lowers Rent-A-Center (NASDAQ:RCII) to Hold
Rent-A-Center (NASDAQ:RCII) Upgraded to Buy at StockNews.com
See More Headlines
Receive RCII Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Rent-A-Center and its competitors with MarketBeat's FREE daily newsletter.

RCII Company Calendar

Ex-Dividend for 7/12 Dividend
6/17/2022
Dividend Payable
7/12/2022
Last Earnings
8/03/2022
Today
8/15/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Equipment rental & leasing, not elsewhere classified
Sub-Industry
Computer & Electronics Retail
Current Symbol
NASDAQ:RCII
CUSIP
76009N10
Employees
14,290
Year Founded
1986

Price Target and Rating

Average Stock Price Forecast
$52.00
High Stock Price Forecast
$85.00
Low Stock Price Forecast
$40.00
Forecasted Upside/Downside
+74.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$134.94 million
Pretax Margin
1.96%

Debt

Sales & Book Value

Annual Sales
$4.58 billion
Cash Flow
$25.98 per share
Book Value
$7.76 per share

Miscellaneous

Free Float
52,687,000
Market Cap
$1.77 billion
Optionable
Optionable
Beta
1.67

Key Executives














RCII Stock - Frequently Asked Questions

Should I buy or sell Rent-A-Center stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rent-A-Center in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RCII shares.
View RCII analyst ratings
or view top-rated stocks.

What is Rent-A-Center's stock price forecast for 2022?

4 Wall Street analysts have issued twelve-month price objectives for Rent-A-Center's shares. Their RCII share price forecasts range from $40.00 to $85.00. On average, they predict the company's stock price to reach $52.00 in the next year. This suggests a possible upside of 69.2% from the stock's current price.
View analysts price targets for RCII
or view top-rated stocks among Wall Street analysts.

How have RCII shares performed in 2022?

Rent-A-Center's stock was trading at $48.04 at the beginning of 2022. Since then, RCII shares have decreased by 36.0% and is now trading at $30.74.
View the best growth stocks for 2022 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our RCII earnings forecast
.

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

Rent-A-Center, Inc. (NASDAQ:RCII) announced its quarterly earnings results on Wednesday, August, 3rd. The company reported $1.15 earnings per share for the quarter, topping analysts' consensus estimates of $1.02 by $0.13. Rent-A-Center had a net margin of 1.02% and a trailing twelve-month return on equity of 46.90%. During the same period last year, the firm earned $1.63 EPS.

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 Wednesday, June 8th. Investors of record on Tuesday, June 21st will be given a dividend of $0.34 per share on Tuesday, July 12th. This represents a $1.36 dividend on an annualized basis and a yield of 4.42%. The ex-dividend date is Friday, June 17th.
Read our dividend analysis for RCII
.

Is Rent-A-Center a good dividend stock?

Rent-A-Center (NASDAQ:RCII) pays an annual dividend of $1.36 per share and currently has a dividend yield of 4.42%. RCII has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company 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 is 191.55%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, RCII will have a dividend payout ratio of 28.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RCII.

What guidance has Rent-A-Center issued on next quarter's earnings?

Rent-A-Center issued an update on its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share (EPS) guidance of $4.00-$4.50 for the period, compared to the consensus EPS estimate of $4.60. The company issued revenue guidance of $4.26 billion-$4.38 billion, compared to the consensus revenue estimate of $4.48 billion.

What is Mitch Fadel's approval rating as Rent-A-Center's CEO?

189 employees have rated Rent-A-Center Chief Executive Officer Mitch Fadel on Glassdoor.com. Mitch Fadel has an approval rating of 53% among the company's employees. This puts Mitch Fadel in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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 retail and institutional investors. Top institutional investors include FMR LLC (13.27%), Ieq Capital LLC (3.48%), Northern Trust Corp (0.97%), Kennedy Capital Management Inc. (0.60%), Loomis Sayles & Co. L P (0.60%) and Principal Financial Group Inc. (0.57%). Insiders that own company stock include Ann L Davids, Anthony J Blasquez, Anthony J Blasquez, Catherine M Skula, Catherine M Skula, Christopher B Hetrick, Jeffrey J Brown, Maureen B Short, Mitchell E Fadel and Mitchell E Fadel.
View institutional ownership trends
.

How do I buy shares of Rent-A-Center?

Shares of RCII stock 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 $30.74.

How much money does Rent-A-Center make?

Rent-A-Center (NASDAQ:RCII) has a market capitalization of $1.82 billion and generates $4.58 billion in revenue each year. The company earns $134.94 million in net income (profit) each year or $0.71 on an earnings per share basis.

How many employees does Rent-A-Center have?

The company 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.
Read More

When was Rent-A-Center founded?

Rent-A-Center was founded in 1986.

How can I contact Rent-A-Center?

Rent-A-Center's mailing address is 5501 HEADQUARTERS DRIVE, PLANO TX, 75024. The official website for the company is www.rentacenter.com. The company can be reached via phone at (972) 801-1100, via email at maureen.short@rentacenter.com, or via fax at 972-943-0113.

This page (NASDAQ:RCII) was last updated on 8/15/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.