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; and furniture, including accessories under rental purchase agreements. The company also provides merchandise on an installment sales basis; and offers the rent-to-own transaction to consumers who do not qualify for financing from the traditional retailer through kiosks 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, 2017, the company owned and operated approximately 2,381 stores in the United States, Canada, and Puerto Rico, including 45 retail installment sales stores; 1,106 Acceptance Now staffed locations in 42 states and Puerto Rico; 125 Acceptance Now Direct locations; and 131 stores in Mexico, as well as franchised 225 rent-to-own stores in 31 states under the Rent-A-Center, ColorTyme, and RimTyme names. Rent-A-Center, Inc. was founded in 1986 and is headquartered in Plano, Texas.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Equipment rental & leasing, not elsewhere classified
Sub-IndustryComputer & Electronics Retail
SectorConsumer Discretionary
SymbolNASDAQ:RCII
CUSIP76009N10
Phone972-801-1100
Debt
Debt-to-Equity Ratio2.34
Current Ratio2.51
Quick Ratio0.58
Price-To-Earnings
Trailing P/E Ratio-27.30
Forward P/E Ratio22.00
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.70 billion
Price / Sales0.29
Cash Flow$12.5983 per share
Price / Cash1.17
Book Value$5.11 per share
Price / Book2.88
Profitability
EPS (Most Recent Fiscal Year)($0.54)
Net Income$6.65 million
Net Margins-0.24%
Return on Equity-13.81%
Return on Assets-2.45%
Miscellaneous
Employees18,300
Outstanding Shares53,420,000
Market Cap$787.33
Rent-A-Center (NASDAQ:RCII) Frequently Asked Questions
What is Rent-A-Center's stock symbol?
Rent-A-Center trades on the NASDAQ under the ticker symbol "RCII."
How were Rent-A-Center's earnings last quarter?
Rent-A-Center Inc (NASDAQ:RCII) released its earnings results on Monday, April, 30th. The company reported ($0.08) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.08 by $0.16. The company earned $698 million during the quarter, compared to the consensus estimate of $701.27 million. Rent-A-Center had a negative return on equity of 13.81% and a negative net margin of 0.24%. The company's revenue was down 5.9% compared to the same quarter last year. During the same period last year, the firm posted $0.04 earnings per share. View Rent-A-Center's Earnings History.
When is Rent-A-Center's next earnings date?
What price target have analysts set for RCII?
6 analysts have issued 1-year price objectives for Rent-A-Center's shares. Their predictions range from $5.00 to $12.00. On average, they expect Rent-A-Center's share price to reach $9.50 in the next year. This suggests that the stock has a possible downside of 35.5%. View Analyst Ratings for Rent-A-Center.
What is the consensus analysts' recommendation 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 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
Are investors shorting Rent-A-Center?
Rent-A-Center saw a decrease in short interest in the month of June. As of June 29th, there was short interest totalling 11,036,347 shares, a decrease of 49.5% from the June 15th total of 21,844,410 shares. Based on an average daily trading volume, of 6,976,577 shares, the days-to-cover ratio is currently 1.6 days. Currently, 22.7% of the shares of the company are sold short. View Rent-A-Center's Current Options Chain.
Who are some of Rent-A-Center's key competitors?
Some companies that are related to Rent-A-Center include Triton International (TRTN), Aircastle (AYR), McGrath RentCorp (MGRC), Exterran (EXTN), Textainer Group (TGH), CAI International (CAI), General Finance Co. Common Stock (GFN), Black Diamond Group (BDIMF), Mitcham Industries (MIND), Quest Resource (QRHC), FlexShopper (FPAY) and Aly Energy Services (ALYE).
Who are Rent-A-Center's key executives?
Rent-A-Center's management team includes the folowing people:
- Ms. Maureen B. Short, Interim CFO & Principal Accounting Officer (Age 43)
- Mr. Christopher A. Korst, Chief Admin. Officer, Exec. VP & Gen. Counsel (Age 58)
- Mr. Mitchell E. Fadel, CEO & Director (Age 61)
- Mr. Joel M. Mussat, COO & Exec. VP (Age 46)
- Ms. Christi M. Liebe, CTO & VP of IT
Has Rent-A-Center been receiving favorable news coverage?
Headlines about RCII stock have trended somewhat positive on Monday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Rent-A-Center earned a media sentiment score of 0.22 on Accern's scale. They also assigned media stories about the company an impact score of 46.22 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Rent-A-Center's major shareholders?
Rent-A-Center's stock is owned by a variety of of institutional and retail investors. Top institutional investors include ENGAGED CAPITAL LLC (16.80%), Tokio Marine Asset Management Co. Ltd. (0.28%), Hollencrest Capital Management (0.11%), Hartford Investment Management Co. (0.05%), Sphinx Trading LP (0.04%) and Municipal Employees Retirement System of Michigan (0.03%). Company insiders that own Rent-A-Center stock include Christopher A Korst, Engaged Capital Llc, Mark E Denman, Mark E Speese, Robert Dale Davis and Steven L Pepper. View Institutional Ownership Trends for Rent-A-Center.
Which institutional investors are selling Rent-A-Center stock?
Which institutional investors are buying Rent-A-Center stock?
RCII stock was bought by a variety of institutional investors in the last quarter, including Tokio Marine Asset Management Co. Ltd., Hartford Investment Management Co. and Sphinx Trading LP. Company insiders that have bought Rent-A-Center stock in the last two years include Christopher A Korst, Engaged Capital Llc, Mark E Denman, Mark E Speese, Robert Dale Davis and Steven L Pepper. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Rent-A-Center's stock price today?
One share of RCII stock can currently be purchased for approximately $14.74.
How big of a company is Rent-A-Center?
Rent-A-Center has a market capitalization of $787.33 million and generates $2.70 billion in revenue each year. The company earns $6.65 million in net income (profit) each year or ($0.54) on an earnings per share basis. Rent-A-Center employs 18,300 workers across the globe.
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]
MarketBeat Community Rating for Rent-A-Center (NASDAQ RCII)
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.
