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

Rent-A-Center trades on the NASDAQ under the ticker symbol "RCII."

Rent-A-Center declared a quarterly dividend on Monday, December 9th. Shareholders of record on Monday, January 6th will be paid a dividend of $0.29 per share on Wednesday, January 29th. This represents a $1.16 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date of this dividend is Friday, January 3rd. This is a boost from Rent-A-Center's previous quarterly dividend of $0.25. View Rent-A-Center's Dividend History.

Rent-A-Center Inc (NASDAQ:RCII) released its quarterly earnings data on Wednesday, November, 6th. The company reported $0.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by $0.03. The business earned $649.37 million during the quarter, compared to the consensus estimate of $630.83 million. Rent-A-Center had a net margin of 5.09% and a return on equity of 31.75%. The business's revenue was up .7% on a year-over-year basis. During the same period in the prior year, the company posted $0.32 earnings per share. View Rent-A-Center's Earnings History.

Rent-A-Center is scheduled to release their next quarterly earnings announcement on Monday, February 24th 2020. View Earnings Estimates for Rent-A-Center.

Rent-A-Center updated its FY19 earnings guidance on Wednesday, November, 6th. The company provided earnings per share guidance of $2.10-2.35 for the period, compared to the Thomson Reuters consensus estimate of $2.26. The company issued revenue guidance of $2.635-2.670 billion, compared to the consensus revenue estimate of $2.64 billion.

6 brokers have issued 1-year price objectives for Rent-A-Center's shares. Their forecasts range from $18.00 to $28.00. On average, they expect Rent-A-Center's stock price to reach $24.40 in the next year. This suggests that the stock has a possible downside of 19.6%. View Analyst Price Targets for Rent-A-Center.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rent-A-Center in the last year. There are currently 1 sell rating, 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Rent-A-Center.

Press coverage about RCII stock has been trending very negative on Tuesday, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by analyzing 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 positive five, with scores closest to five being the most favorable. Rent-A-Center earned a news sentiment score of -3.8 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Rent-A-Center.

Rent-A-Center saw a increase in short interest during the month of December. As of December 13th, there was short interest totalling 6,170,000 shares, an increase of 5.3% from the November 28th total of 5,860,000 shares. Based on an average daily volume of 695,400 shares, the days-to-cover ratio is currently 8.9 days. Approximately 11.4% of the shares of the stock are sold short. View Rent-A-Center's Current Options Chain.

Some companies that are related to Rent-A-Center include Air Lease (AL), Aaron's (AAN), Triton International (TRTN), Aircastle (AYR), McGrath RentCorp (MGRC), Textainer Group (TGH), CAI International (CAI), General Finance (GFN), Exterran (EXTN), Black Diamond Group (BDIMF), FlexShopper (FPAY), MITCHAM INDUSTR/SH (MIND), Quest Resource (QRHC) and Aly Energy Services (ALYE).

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), Intel (INTC), Mcdonald's (MCD), AT&T (T), Activision Blizzard (ATVI), Paypal (PYPL), Seagate Technology (STX) and General Electric (GE).

Rent-A-Center's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Hennessy Advisors Inc. (0.23%), California Public Employees Retirement System (0.21%), New York State Teachers Retirement System (0.21%), Bowling Portfolio Management LLC (0.08%), Arizona State Retirement System (0.06%) and Strs Ohio (0.06%). Company insiders that own Rent-A-Center stock include Catherine M Skula, Christopher A Korst, Engaged Capital Llc and Fred E Herman. View Institutional Ownership Trends for Rent-A-Center.

RCII stock was sold by a variety of institutional investors in the last quarter, including Arizona State Retirement System, California Public Employees Retirement System, Bowling Portfolio Management LLC, Hexavest Inc., Hennessy Advisors Inc., Louisiana State Employees Retirement System, Hollencrest Capital Management and Strs Ohio. Company insiders that have sold Rent-A-Center company stock in the last year include Catherine M Skula, Christopher A Korst and Fred E Herman. View Insider Buying and Selling for Rent-A-Center.

RCII stock was acquired by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC and 6 Meridian. View Insider Buying and Selling for 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.

One share of RCII stock can currently be purchased for approximately $30.36.

Rent-A-Center has a market capitalization of $1.66 billion and generates $2.66 billion in revenue each year. The company earns $8.49 million in net income (profit) each year or $1.06 on an earnings per share basis. Rent-A-Center employs 14,000 workers across the globe.View Additional Information About Rent-A-Center.

The official website for Rent-A-Center is http://www.rentacenter.com/.

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]