How were Rent-A-Center's earnings last quarter?

Rent-A-Center, Inc. (NASDAQ:RCII) issued its earnings results on Thursday, February, 23rd. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.75 by $0.11. The business earned $990.50 million during the quarter, compared to the consensus estimate of $990.45 million. Rent-A-Center had a trailing twelve-month return on equity of 40.50% and a net margin of 0.29%. The company's revenue for the quarter was down 15.4% on a year-over-year basis. During the same period last year, the company earned $1.08 EPS.

Is Rent-A-Center a good dividend stock?

Rent-A-Center (NASDAQ:RCII) pays an annual dividend of $1.36 per share and currently has a dividend yield of 5.08%. RCII has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 680.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, RCII will have a dividend payout ratio of 39.53% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for RCII .

What ETF holds Rent-A-Center's stock?

WisdomTree U.S. SmallCap Fund holds 64,883 shares of RCII stock, representing 0.35% of its portfolio.

What is Mitch Fadel's approval rating as Rent-A-Center's CEO?

189 employees have rated Rent-A-Center Chief Executive Officer Mitch Fadel on Glassdoor.com . Mitch Fadel has an approval rating of 53% among the company's employees. This puts Mitch Fadel in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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) .

Does Rent-A-Center have any subsidiaries?

The following companies are subsidiares of Rent-A-Center: Rainbow Rentals, Rent-Way, and The Rental Store. Read More

NASDAQ:RCII

Rent-A-Center (RCII) Stock Price, News & Analysis

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Today's Range: N/A
50-Day Range: $22.09
▼
$29.99
52-Week Range: N/A

Volume: 866,300 shs
Average Volume: 506,514 shs
Market Capitalization: $1.49 billion

P/E Ratio: 133.90
Dividend Yield: 5.08%
Price Target: N/A

Stock Analysis

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Rent-A-Center MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -1.94
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 22.86%
From $2.80 to $3.44 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.83 out of 5 stars

Consumer Discretionary Sector

209th out of 266 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

9th out of 12 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Rent-A-Center.

N/A

Short Interest

Short Interest
There is no current short interest data available for RCII.

2.5

Dividend Strength

Dividend Leadership
Rent-A-Center is a leading dividend payer. It pays a dividend yield of 5.08%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Rent-A-Center does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Rent-A-Center is 680.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Rent-A-Center will have a dividend payout ratio of 39.53% next year. This indicates that Rent-A-Center will be able to sustain or increase its dividend.

2.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Rent-A-Center has received a 9.57% net impact score from Upright. Rent-a-center seems to create the most significant positive value in categories "Jobs", "Taxes", and "Relationships". The positive contribution in the "Relationships" impact category is mostly driven by its "Physical retail of telephony equipment at a home electronics store", "Online retail of consumer electronics", and "Physical retail of computing equipment at a home electronics store" products. See details.
Environmental Sustainability
The Environmental Impact score for Rent-A-Center is -1.94.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Rent-A-Center this week, compared to 1 article on an average week.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Rent-A-Center insiders have not sold or bought any company stock.
Percentage Held by Insiders
11.00% of the stock of Rent-A-Center is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
86.08% 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Rent-A-Center are expected to grow by 22.86% in the coming year, from $2.80 to $3.44 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Rent-A-Center is 133.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Rent-A-Center is 133.90, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.33.

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About Rent-A-Center Stock (NASDAQ:RCII)

Rent-A-Center, Inc. engages in the provision of furniture, electronics, appliances, computers, and smartphones through flexible rental purchase agreements. It operates through the following segments: Rent-A-Center Business, Preferred Lease, Mexico, and Franchising. The Rent-A-Center Business segment consists of company-owned rent-to-own stores in the United States and Puerto Rico. The Preferred Lease segment offers an on-site rent-to-own option at a third-party retailer's location. The Mexico segment consists of its company-owned rent-to-own stores in Mexico. The Franchising segment sells rental merchandise to its franchisees. The company was founded by Mark E. Speese on September 16, 1986 and is headquartered in Plano, TX.

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RCII Stock News Headlines

April 18, 2024 | msn.com

National City mobile home rent control ordinance set to expire this year

April 3, 2024 | msn.com

The Renaissance Centre set to undergo a major facelift over the next two years

April 19, 2024 | InvestorPlace (Ad)

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April 1, 2024 | yahoo.com

Check out what nearly $4,500 monthly rent gets you in Westchester County

March 29, 2024 | msn.com

OC Fair board approves rent hike for boarders and trainers at its equestrian center

March 27, 2024 | bizjournals.com

It's more expensive to buy a house than rent in Tampa Bay, CBRE analysis finds

March 27, 2024 | msn.com

Rent the Runway Approved 1-for-20 Stock Split to Keep Nasdaq Listing

March 22, 2024 | bizjournals.com

New townhome development opens near St. Johns Town Center

April 19, 2024 | InvestorPlace (Ad)

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March 14, 2024 | msn.com

Report: Columbus among U.S. cities with fastest-rising average rent prices

March 14, 2024 | yahoo.com

Rent Free Q&A: Jared Polis

March 9, 2024 | msn.com

Will rent costs become cheaper in 2024?

March 4, 2024 | msn.com

Here's what rent prices look like in NJ, and the US, at the start of 2024

March 2, 2024 | businessinsider.com

Best Rent Reporting Services

February 24, 2024 | msn.com

City Council considers lease extension for Moda Center with Rip City Management

February 22, 2024 | msn.com

Rental housing front and center for Pontiac officials

February 20, 2024 | msn.com

Center City Office Building Set to Become Apartment Complex

February 18, 2024 | msn.com

Arts center to expand with apartments, shops, offices due to $200M tax credits from state

February 17, 2024 | investopedia.com

Renting vs. Owning a Home: What's the Difference?

February 8, 2024 | msn.com

Zillow launches individual room listings as Americans struggle with higher rent, housing costs

February 1, 2024 | yahoo.com

Is Rent Getting Cheaper in 2024? It’s Complicated

February 1, 2024 | msn.com

Rent prices are increasing in Peoria and other Illinois cities. Here's how much

January 31, 2024 | thetimes.co.uk

Should I buy or rent a house?

January 30, 2024 | msn.com

Did you know? Locals can rent classrooms, gymnasium and more at PCS

January 19, 2024 | morningstar.com

Rent the Runway Inc Class A RENT

January 15, 2024 | msn.com

What can you rent for $2,800 a month in downtown Quincy? Take a peek at the newest space

January 13, 2024 | msn.com

See what $1,700 in rent can get you across Philly

See More Headlines

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Company Calendar

Last Earnings: 2/23/2023
Today: 4/19/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Equipment rental & leasing, not elsewhere classified
Sub-Industry: Computer & Electronics Retail
Current Symbol: NASDAQ:RCII
CUSIP: 76009N10
CIK: 933036
Web: www.rentacenter.com
Phone: (972) 801-1100
Fax: 972-943-0113
Employees: 14,290
Year Founded: 1986

Profitability

EPS (Most Recent Fiscal Year): $0.20
Trailing P/E Ratio: 133.90
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $12.36 million
Net Margins: 0.29%
Pretax Margin: 1.45%
Return on Equity: 40.50%
Return on Assets: 7.88%

Debt

Debt-to-Equity Ratio: 2.61
Current Ratio: 3.33
Quick Ratio: 0.93

Sales & Book Value

Annual Sales: $4.25 billion
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 5.50
Book Value: $9.43 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 55,670,000
Free Float: 49,546,000
Market Cap: $1.49 billion
Optionable: Optionable
Beta: 1.82

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Key Executives

Mitchell E. Fadel
Chief Executive Officer & Director
James E. York
Vice President-Operations
Fahmi Karam
Chief Financial Officer & Executive Vice President
Michael J. Santimaw
Chief Information Officer & Senior Vice President
Bryan J. Pechersky
Secretary, Executive VP & General Counsel

Key Competitors

View All Competitors

RCII Stock Analysis - Frequently Asked Questions

How were Rent-A-Center's earnings last quarter?: Rent-A-Center, Inc. (NASDAQ:RCII) issued its earnings results on Thursday, February, 23rd. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.75 by $0.11. The business earned $990.50 million during the quarter, compared to the consensus estimate of $990.45 million. Rent-A-Center had a trailing twelve-month return on equity of 40.50% and a net margin of 0.29%. The company's revenue for the quarter was down 15.4% on a year-over-year basis. During the same period last year, the company earned $1.08 EPS.
Is Rent-A-Center a good dividend stock?: Rent-A-Center (NASDAQ:RCII) pays an annual dividend of $1.36 per share and currently has a dividend yield of 5.08%. RCII has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 680.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, RCII will have a dividend payout ratio of 39.53% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RCII.
What ETF holds Rent-A-Center's stock?: WisdomTree U.S. SmallCap Fund holds 64,883 shares of RCII stock, representing 0.35% of its portfolio.
What is Mitch Fadel's approval rating as Rent-A-Center's CEO?: 189 employees have rated Rent-A-Center Chief Executive Officer Mitch Fadel on Glassdoor.com. Mitch Fadel has an approval rating of 53% among the company's employees. This puts Mitch Fadel in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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).
Does Rent-A-Center have any subsidiaries?: The following companies are subsidiares of Rent-A-Center: Rainbow Rentals, Rent-Way, and The Rental Store.
Read More

This page (NASDAQ:RCII) was last updated on 4/19/2024 by MarketBeat.com Staff

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Rent-A-Center (RCII) Stock Price, News & Analysis

Rent-A-Center MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Coverage This Week

Company Ownership

Earnings and Valuation

About Rent-A-Center Stock (NASDAQ:RCII)

RCII Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

RCII Stock Analysis - Frequently Asked Questions

Overall MarketRank^™