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

Rent-A-Center's stock was trading at $17.87 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, RCII shares have decreased by 16.3% and is now trading at $14.96. View which stocks have been mosted impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rent-A-Center in the last year. There are currently 1 sell 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.

Rent-A-Center is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Rent-A-Center.

Rent-A-Center Inc (NASDAQ:RCII) announced its quarterly earnings data on Monday, February, 24th. The company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.01. The business earned $667.86 million during the quarter, compared to analyst estimates of $658.66 million. Rent-A-Center had a return on equity of 31.73% and a net margin of 6.54%. The firm's quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.35 earnings per share. View Rent-A-Center's earnings history.

Rent-A-Center announced a quarterly dividend on Monday, December 9th. Shareholders of record on Monday, January 6th will be given a dividend of $0.29 per share on Wednesday, January 29th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.75%. The ex-dividend date of this dividend is Friday, January 3rd. This is an increase from Rent-A-Center's previous quarterly dividend of $0.25. View Rent-A-Center's dividend history.

Rent-A-Center issued an update on its FY20 earnings guidance on Monday, February, 24th. The company provided EPS guidance of $2.45 to $2.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.62. The company issued revenue guidance of $2.755 to $2.875 billion, compared to the consensus revenue estimate of $2.73 billion.

5 analysts have issued twelve-month target prices for Rent-A-Center's stock. Their forecasts range from $27.00 to $28.00. On average, they anticipate Rent-A-Center's stock price to reach $27.33 in the next twelve months. This suggests a possible upside of 82.7% from the stock's current price. View analysts' price targets for Rent-A-Center.

News coverage about RCII stock has trended negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Rent-A-Center earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutRent-A-Center.

Some companies that are related to Rent-A-Center include Air Lease (AL), AerCap (AER), Aircastle (AYR), Triton International (TRTN), Aaron's (AAN), McGrath RentCorp (MGRC), Textainer Group (TGH), CAI International (CAI), General Finance (GFN), Exterran (EXTN), Black Diamond Group (BDIMF), FlexShopper (FPAY), Quest Resource (QRHC), MITCHAM INDUSTR/SH (MIND) 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), AT&T (T), Intel (INTC), Micron Technology (MU), Paypal (PYPL), Mcdonald's (MCD), Activision Blizzard (ATVI) and Seagate Technology (STX).

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

Rent-A-Center's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (8.01%), State Street Corp (2.73%), Royce & Associates LP (2.11%), Nuveen Asset Management LLC (2.03%), Acadian Asset Management LLC (1.58%) and Bank of New York Mellon Corp (1.56%). 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 Goldman Sachs Group Inc., Bank of Montreal Can, Nuveen Asset Management LLC, Renaissance Technologies LLC, AQR Capital Management LLC, Martingale Asset Management L P, Arizona State Retirement System, and First Trust Advisors LP. View insider buying and selling activity for Rent-A-Center.

RCII stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Royce & Associates LP, SG Capital Management LLC, MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd, Bank of New York Mellon Corp, Alyeska Investment Group L.P., and Acadian Asset Management LLC. View insider buying and selling activity 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 $14.96.

Rent-A-Center has a market capitalization of $826.24 million 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. 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]