NASDAQ:RCII Rent-A-Center Stock Forecast, Price & 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 $28.47 -1.96 (-6.44 %) (As of 09/24/2020 12:00 AM ET) Add Compare Share Today's Range$28.39Now: $28.47▼$30.5250-Day Range$28.36MA: $30.85▼$32.9152-Week Range$11.69Now: $28.47▼$33.51Volume802,901 shsAverage Volume647,917 shsMarket Capitalization$1.53 billionP/E Ratio9.95Dividend Yield3.81%Beta1.58 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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™ 1.4 Analyst's Opinion Consensus RatingRent-A-Center has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.40, Rent-A-Center has a forecasted upside of 6.8% from its current price of $28.47.Amount of Analyst CoverageRent-A-Center has only been the subject of 2 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesRent-A-Center has received 377 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRent-A-Center has received 493 “underperform” votes. (Add your “underperform” vote.)Community SentimentRent-A-Center has received 56.67% “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 2.5 Dividend Strength Dividend YieldRent-A-Center pays a meaningful dividend of 3.81%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthRent-A-Center has only been increasing its dividend for 1 years.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 37.06% 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 $5,853.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.80% of the stock of Rent-A-Center is held by insiders.Percentage Held by Institutions98.64% 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 13.82% in the coming year, from $2.75 to $3.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rent-A-Center is 9.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Rent-A-Center is 9.95, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 52.99.Price to Book Value per Share RatioRent-A-Center has a P/B Ratio of 3.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.4Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.40 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 Ratio0.39 Current Ratio2.37 Quick Ratio0.74Price-To-Earnings Trailing P/E Ratio9.95 Forward P/E Ratio10.35 P/E GrowthN/A Sales & Book Value Annual Sales$2.67 billion Price / Sales0.57 Cash Flow$14.31 per share Price / Cash Flow1.99 Book Value$8.38 per share Price / Book3.40Profitability EPS (Most Recent Fiscal Year)$2.24 Net Income$173.55 million Net Margins5.90% Return on Equity30.41% Return on Assets9.00%Miscellaneous Employees14,500 Outstanding Shares53,826,000Market Cap$1.53 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $28.47 -1.96 (-6.44 %) (As of 09/24/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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 price 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 (WHO). Since then, RCII stock has increased by 59.3% and is now trading at $28.47. View which stocks have been most impacted by COVID-19. 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 2 hold ratings, 4 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, November 4th 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 earnings results on Wednesday, August, 5th. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.60 by $0.20. The company had revenue of $683.75 million for the quarter, compared to analyst estimates of $606.96 million. Rent-A-Center had a net margin of 5.90% and a return on equity of 30.41%. 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, June 29th. Stockholders of record on Friday, July 10th will be given a dividend of $0.29 per share on Tuesday, July 28th. This represents a $1.16 annualized dividend and a yield of 4.07%. The ex-dividend date of this dividend is Thursday, July 9th. 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 FY20 earnings guidance on Monday, September, 21st. The company provided EPS guidance of $3.15-3.45 for the period, compared to the Thomson Reuters consensus estimate of $2.75. The company issued revenue guidance of $2.78-2.83 billion, compared to the consensus revenue estimate of $2.77 billion. What price target have analysts set for RCII? 7 Wall Street analysts have issued twelve-month price targets for Rent-A-Center's stock. Their forecasts range from $28.00 to $34.00. On average, they expect Rent-A-Center's stock price to reach $30.40 in the next year. This suggests a possible upside of 6.8% from the stock's current price. View analysts' price targets for Rent-A-Center. Are investors shorting Rent-A-Center? Rent-A-Center saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 2,070,000 shares, a drop of 29.6% from the August 15th total of 2,940,000 shares. Based on an average daily volume of 532,600 shares, the short-interest ratio is presently 3.9 days. Approximately 3.9% of the shares of the company are sold short. View Rent-A-Center's Short Interest. Who are some of Rent-A-Center's key competitors? Some companies that are related to Rent-A-Center include Aaron's (AAN), Air Lease (AL), AerCap (AER), Triton International (TRTN), McGrath RentCorp (MGRC), Textainer Group (TGH), CAI International (CAI), Nesco (NSCO), General Finance (GFN), Exterran (EXTN), Black Diamond Group (BDIMF), FlexShopper (FPAY), Quest Resource (QRHC), MITCHAM INDUSTR/SH (MIND) and AeroCentury (ACY). 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 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). 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (14.89%), Goldman Sachs Group Inc. (2.66%), Nuveen Asset Management LLC (1.77%), Bank of New York Mellon Corp (1.54%), LSV Asset Management (1.47%) and Charles Schwab Investment Management Inc. (0.98%). Company insiders that own Rent-A-Center stock include Catherine M Skula, Christopher A Korst, Christopher B Hetrick, 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 Vanguard Group Inc., Federated Hermes Inc., Prudential Financial Inc., APG Asset Management N.V., MERIAN GLOBAL INVESTORS UK Ltd, TD Asset Management Inc., First Trust Advisors LP, and Two Sigma Advisers LP. View insider buying and selling activity for Rent-A-Center. Which institutional investors are buying Rent-A-Center stock? RCII stock was bought by a variety of institutional investors in the last quarter, including LSV Asset Management, Goldman Sachs Group Inc., FMR LLC, FMR LLC, AJO LP, Nantahala Capital Management LLC, Intrinsic Edge Capital Management LLC, and Icon Advisers Inc. Co.. 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 $28.47. How big of a company is Rent-A-Center? Rent-A-Center has a market capitalization of $1.53 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 9/25/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. 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