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

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

Is Rent-A-Center a buy right now?

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

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

Rent-A-Center is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 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 Wednesday, May, 4th. The company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.03. The company earned $1.13 billion during the quarter, compared to analyst estimates of $1.11 billion. Rent-A-Center had a net margin of 1.87% and a trailing twelve-month return on equity of 48.47%. The business's revenue for the quarter was up 9.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.32 earnings per share.
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 announced a quarterly dividend on Thursday, March 24th. Stockholders of record on Tuesday, April 5th will be given a dividend of $0.34 per share on Friday, April 22nd. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.82%. The ex-dividend date of this dividend is Monday, April 4th.
View Rent-A-Center's dividend history.

Is Rent-A-Center a good dividend stock?

Rent-A-Center pays an annual dividend of $1.36 per share and currently has a dividend yield of 5.05%. RCII has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 106.25%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Rent-A-Center will have a dividend payout ratio of 23.90% 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 second quarter 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share guidance of $0.95-$1.10 for the period, compared to the consensus earnings per share estimate of $1.30. The company issued revenue guidance of $1.04 billion-$1.07 billion, compared to the consensus revenue estimate of $1.13 billion.

What price target have analysts set for RCII?

4 brokers have issued twelve-month price objectives for Rent-A-Center's shares. Their forecasts range from $40.00 to $85.00. On average, they anticipate Rent-A-Center's stock price to reach $56.33 in the next year. This suggests a possible upside of 99.7% 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:

• Mr. Mitchell E. Fadel, CEO & Director (Age 65, Pay $3.51M) (LinkedIn Profile)
• Ms. Maureen B. Short, Exec. VP & CFO (Age 47, Pay $953.64k) (LinkedIn Profile)
• Ms. Ann L. Davids, Exec. VP, Chief Customer Officer & Chief Marketing Officer (Age 53, Pay $698.5k)
• Mr. Michael Santimaw, Sr. VP & Chief Information Officer
• Mr. Brendan James Metrano C.F.A., VP of Investor Relations
• Mr. Bryan J. Pechersky, Exec. VP, Gen. Counsel & Corp. Sec. (Age 51)
• Tyler Montrone, Sr. VP, Chief Compliance Officer & Assistant Gen. Counsel – Acima
• Mr. Transient C. Taylor, Exec. VP & Chief HR Officer (Age 56)
• Mr. James York, Sr. VP of Rent-A-Center East (Age 53)
• Mr. Tim Pitt, Sr. VP of Marketing & Merchandising

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 Triton International (TRTN), Air Lease (AL), McGrath RentCorp (MGRC), Textainer Group (TGH), PROG (PRG), Custom Truck One Source (CTOS), Aaron's (AAN), Black Diamond Group (BDIMF), Exterran (EXTN), Katapult (KPLT), Mega Matrix (MTMT), FlexShopper (FPAY), Aly Energy Services (ALYE) and MediGreen (RFMK).
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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (16.13%), Vanguard Group Inc. (11.19%), Ieq Capital LLC (3.42%), Fuller & Thaler Asset Management Inc. (2.09%), Dimensional Fund Advisors LP (1.97%) and Bank of New York Mellon Corp (1.52%). Company insiders that own Rent-A-Center stock include Ann L Davids, Anthony J Blasquez, Anthony J Blasquez, Catherine M Skula, Christopher B Hetrick, Jeffrey J Brown, Maureen B Short, Mitchell E Fadel 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 Fuller & Thaler Asset Management Inc., Royce & Associates LP, Vanguard Group Inc., JPMorgan Chase & Co., Renaissance Technologies LLC, Allianz Asset Management GmbH, BlackRock Inc., and American Century Companies Inc.. Company insiders that have sold Rent-A-Center company stock in the last year include 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 bought by a variety of institutional investors in the last quarter, including Ieq Capital LLC, Victory Capital Management Inc., EMG Holdings L.P., LSV Asset Management, Mount Capital Ltd, Charles Schwab Investment Management Inc., Blueshift Asset Management LLC, and Raymond James Financial Services Advisors Inc.. Company insiders that have bought Rent-A-Center stock in the last two years include Christopher B Hetrick, Jeffrey J Brown, and Mitchell E Fadel.
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 $28.21.

How much money does Rent-A-Center make?

Rent-A-Center has a market capitalization of $1.67 billion and generates $4.58 billion in revenue each year. The company earns $134.94 million in net income (profit) each year or $1.279990 on an earnings per share basis.

How many employees does Rent-A-Center have?

Rent-A-Center 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.

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.

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.