NASDAQ:RCIIRent-A-Center Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Rent-A-Center Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $26.76 +0.16 (+0.60 %) (As of 06/5/2020 04:00 PM ET) Add Compare Share Today's Range$26.41Now: $26.76▼$27.0550-Day Range$16.56MA: $21.96▼$26.6052-Week Range$11.69Now: $26.76▼$31.14Volume369,500 shsAverage Volume718,860 shsMarket Capitalization$1.44 billionP/E Ratio6.93Dividend Yield4.33%Beta1.55 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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; wheels and tires; and furniture, including accessories under rental purchase agreements. The company also provides merchandise on an installment sales basis; and rent-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; and rent-to-own and franchised rent-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names. As of December 31, 2018, the company owned and operated approximately 2,158 stores in the United States, Canada, and Puerto Rico, including 44 retail installment sales stores; 1,106 Acceptance Now staffed kiosk locations in 41 states and Puerto Rico; 96 Acceptance Now Direct locations; and 122 stores in Mexico, as well as franchised 281 rent-to-own stores in 32 states. Rent-A-Center, Inc. was founded in 1986 and is headquartered in Plano, Texas.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingRent-A-Center has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.75, Rent-A-Center has a potential upside of 11.2% from its current price of $26.76.Amount of Analyst CoverageRent-A-Center has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.2 Community Rank Outperform VotesRent-A-Center has received 372 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRent-A-Center has received 487 “underperform” votes. (Add your “underperform” vote.)Community SentimentRent-A-Center has received 56.69% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipRent-A-Center is a leading dividend payer. It pays a dividend yield of 4.33%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthRent-A-Center does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Rent-A-Center is 51.79 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Rent-A-Center will have a dividend payout ratio of 49.79 % next year. This indicates that Rent-A-Center will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rent-A-Center insiders have bought more of their company's stock than they have sold. Specifically, they have bought $667,855.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.81% of the stock of Rent-A-Center is held by insiders.Percentage Held by Institutions98.13% of the stock of Rent-A-Center is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Rent-A-Center are expected to grow by 14.78% in the coming year, from $2.03 to $2.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rent-A-Center is 6.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Rent-A-Center is 6.93, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 29.22.Price to Book Value per Share RatioRent-A-Center has a P/B Ratio of 3.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.98 out of 5 stars 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 CIK933036 Webwww.rentacenter.com Phone972-801-1100Debt Debt-to-Equity Ratio1.33 Current Ratio3.25 Quick Ratio0.93Price-To-Earnings Trailing P/E Ratio6.93 Forward P/E Ratio13.18 P/E GrowthN/A Sales & Book Value Annual Sales$2.67 billion Price / Sales0.54 Cash Flow$14.87 per share Price / Cash Flow1.80 Book Value$8.38 per share Price / Book3.19Profitability EPS (Most Recent Fiscal Year)$2.24 Net Income$173.55 million Net Margins8.10% Return on Equity29.64% Return on Assets8.10%Miscellaneous Employees14,500 Outstanding Shares53,781,000Market Cap$1.44 billion Next Earnings Date8/5/2020 (Estimated) OptionableOptionable NASDAQ:RCII Rates by TradingView Receive RCII News and Ratings via Email Sign-up to receive the latest news and ratings for RCII and its competitors with MarketBeat's FREE daily newsletter. Rent-A-Center (NASDAQ:RCII) Frequently Asked Questions How has Rent-A-Center's stock been impacted by COVID-19 (Coronavirus)? Rent-A-Center's stock was trading at $17.87 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, RCII shares have increased by 49.7% and is now trading at $26.76. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Rent-A-Center. When is Rent-A-Center's next earnings date? Rent-A-Center is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. 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 quarterly earnings data on Wednesday, May, 6th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.58 by $0.09. The company earned $701.90 million during the quarter, compared to the consensus estimate of $699.23 million. Rent-A-Center had a return on equity of 29.64% and a net margin of 8.10%. The firm's revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.59 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 Wednesday, May 6th. Stockholders of record on Monday, May 18th will be given a dividend of $0.29 per share on Monday, June 1st. This represents a $1.16 annualized dividend and a dividend yield of 4.33%. The ex-dividend date is Friday, May 15th. View Rent-A-Center's dividend history. What guidance has Rent-A-Center issued on next quarter's earnings? Rent-A-Center issued an update on its second quarter 2020 After-Hours earnings guidance on Wednesday, May, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $590.3325 million, compared to the consensus revenue estimate of $614.82 million. What price target have analysts set for RCII? 7 analysts have issued 12 month target prices for Rent-A-Center's shares. Their forecasts range from $28.00 to $33.00. On average, they expect Rent-A-Center's stock price to reach $29.75 in the next twelve months. This suggests a possible upside of 11.2% from the stock's current price. View analysts' price targets for Rent-A-Center. Has Rent-A-Center been receiving favorable news coverage? Media coverage about RCII stock has been trending negative this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Rent-A-Center earned a news impact score of -2.8 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the stock's share price in the near term. View the latest news aboutRent-A-Center. 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), Aaron's (AAN), Triton International (TRTN), McGrath RentCorp (MGRC), Textainer Group (TGH), CAI International (CAI), Exterran (EXTN), General Finance (GFN), Black Diamond Group (BDIMF), FlexShopper (FPAY), Quest Resource (QRHC), MITCHAM INDUSTR/SH (MIND) and Aly Energy Services (ALYE). View all 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 Aaron's (AAN), Advanced Micro Devices (AMD), NVIDIA (NVDA), AT&T (T), Delta Air Lines (DAL), Intel (INTC), Micron Technology (MU), Activision Blizzard (ATVI), Paypal (PYPL) and General Electric (GE). 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 62)Mr. J. V. Lentell, Director (Age 81)Ms. Maureen B. Short, Exec. VP & CFO (Age 44)Mr. Fred E. Herman, Exec. VP & Chief Information Officer (Age 62)Mr. Christopher A. Korst, Exec. VP & Gen. Counsel (Age 59) 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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.33%), State Street Corp (3.02%), Cloverdale Capital Management LLC (2.12%), Acadian Asset Management LLC (2.06%), JPMorgan Chase & Co. (1.91%) and Nuveen Asset Management LLC (1.81%). Company insiders that own Rent-A-Center stock include Catherine M Skula, Christopher A Korst, Christopher B Hetrick, Engaged Capital Llc, Fred E Herman and Jeffrey J Brown. View institutional ownership trends for Rent-A-Center. Which institutional investors are selling Rent-A-Center stock? RCII stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, APG Asset Management N.V., APG Asset Management N.V., Fuller & Thaler Asset Management Inc., Parametric Portfolio Associates LLC, BlackRock Inc., and Alyeska Investment Group L.P.. View insider buying and selling activity for Rent-A-Center. Which institutional investors are buying Rent-A-Center stock? RCII stock was purchased by a variety of institutional investors in the last quarter, including Cloverdale Capital Management LLC, Acadian Asset Management LLC, State Street Corp, American Financial Group Inc., Deutsche Bank AG, Engineers Gate Manager LP, Grantham Mayo Van Otterloo & Co. LLC, and Ontario Teachers Pension Plan Board. 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. 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, Robinhood, Fidelity, and Charles Schwab. What is Rent-A-Center's stock price today? One share of RCII stock can currently be purchased for approximately $26.76. How big of a company is Rent-A-Center? Rent-A-Center has a market capitalization of $1.44 billion and generates $2.67 billion in revenue each year. The company earns $173.55 million in net income (profit) each year or $2.24 on an earnings per share basis. Rent-A-Center employs 14,500 workers across the globe. 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 or via email at [email protected] This page was last updated on 6/6/2020 by MarketBeat.com Staff
