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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers

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

$29.71
-0.28 (-0.93%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$28.98
$29.98
50-Day Range
$21.94
$29.99
52-Week Range
$16.82
$42.33
Volume
513,119 shs
Average Volume
456,070 shs
Market Capitalization
$1.65 billion
P/E Ratio
99.03
Dividend Yield
4.58%
Price Target
$34.80

Rent-A-Center MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
17.1% Upside
$34.80 Price Target
Short Interest
Bearish
11.98% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.94
Upright™ Environmental Score
News Sentiment
0.50mentions of Rent-A-Center in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$26,233 Bought Last Quarter
Proj. Earnings Growth
-6.41%
From $3.59 to $3.36 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.15 out of 5 stars

Consumer Discretionary Sector

127th out of 266 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

7th out of 12 stocks

RCII stock logo

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

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

StockNews.com Upgrades Rent-A-Center (NASDAQ:RCII) to "Buy"
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Rent-A-Center Opens Store in Lincoln, Nebraska
Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
Rent-A-Center Donates $100,000 to the American Red Cross
Rent-A-Center opens store in Queens, New York
Can Rent-A-Center, Inc. (NASDAQ:RCII) Improve Its Returns?
Rent-A-Center, Inc. Reports Third Quarter 2022 Results
See More Headlines
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RCII Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 1/10 Dividend
12/19/2022
Dividend Payable
1/10/2023
Today
2/05/2023
Next Earnings (Confirmed)
2/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Equipment rental & leasing, not elsewhere classified
Sub-Industry
Computer & Electronics Retail
Current Symbol
NASDAQ:RCII
CUSIP
76009N10
Employees
14,290
Year Founded
1986

Price Target and Rating

Average Stock Price Forecast
$34.80
High Stock Price Forecast
$42.00
Low Stock Price Forecast
$28.00
Forecasted Upside/Downside
+17.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$134.94 million
Pretax Margin
1.44%

Debt

Sales & Book Value

Annual Sales
$4.58 billion
Cash Flow
$26.77 per share
Book Value
$7.76 per share

Miscellaneous

Free Float
49,546,000
Market Cap
$1.65 billion
Optionable
Optionable
Beta
1.82

Key Executives

  • Mitchell E. FadelMitchell 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













RCII Stock - Frequently Asked Questions

Should I buy or sell Rent-A-Center stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rent-A-Center in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RCII shares.
View RCII analyst ratings
or view top-rated stocks.

What is Rent-A-Center's stock price forecast for 2023?

5 equities research analysts have issued 12 month price objectives for Rent-A-Center's shares. Their RCII share price forecasts range from $28.00 to $42.00. On average, they predict the company's share price to reach $34.80 in the next year. This suggests a possible upside of 17.1% from the stock's current price.
View analysts price targets for RCII
or view top-rated stocks among Wall Street analysts.

How have RCII shares performed in 2023?

Rent-A-Center's stock was trading at $22.55 on January 1st, 2023. Since then, RCII stock has increased by 31.8% and is now trading at $29.71.
View the best growth stocks for 2023 here
.

When is Rent-A-Center's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our RCII earnings forecast
.

How can I listen to Rent-A-Center's earnings call?

Rent-A-Center will be holding an earnings conference call on Thursday, February 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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

Rent-A-Center, Inc. (NASDAQ:RCII) posted its quarterly earnings data on Tuesday, November, 2nd. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.47 by $0.05. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.18 billion. Rent-A-Center had a net margin of 0.44% and a trailing twelve-month return on equity of 44.72%. During the same period in the prior year, the company earned $1.04 EPS.

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 Wednesday, December 7th. Investors of record on Tuesday, December 20th will be paid a dividend of $0.34 per share on Tuesday, January 10th. This represents a $1.36 annualized dividend and a yield of 4.58%. The ex-dividend date is Monday, December 19th.
Read our dividend analysis for RCII
.

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 4.53%. RCII has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 453.33%. 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 40.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RCII.

What guidance has Rent-A-Center issued on next quarter's earnings?

Rent-A-Center issued an update on its fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided EPS guidance of $0.65-$0.85 for the period, compared to the consensus EPS estimate of $0.96. The company issued revenue guidance of $975.00M-$1.02 billion, compared to the consensus revenue estimate of $1.04 billion.

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).

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 variety of retail and institutional investors. Top institutional investors include Carolina Wealth Advisors LLC (0.33%), Fisher Asset Management LLC (0.26%), New York State Teachers Retirement System (0.15%), Secure Asset Management LLC (0.12%), Kendall Capital Management (0.09%) and New York State Common Retirement Fund (0.07%). Insiders that own company stock include Ann L Davids, Anthony J Blasquez, Anthony J Blasquez, Catherine M Skula, Christopher B Hetrick, Jeffrey J Brown, Maureen B Short, Mitchell E Fadel and Mitchell E Fadel.
View institutional ownership trends
.

How do I buy shares of Rent-A-Center?

Shares of RCII stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Rent-A-Center's stock price today?

One share of RCII stock can currently be purchased for approximately $29.71.

How much money does Rent-A-Center make?

Rent-A-Center (NASDAQ:RCII) has a market capitalization of $1.65 billion and generates $4.58 billion in revenue each year. The company earns $134.94 million in net income (profit) each year or $0.30 on an earnings per share basis.

How many employees does Rent-A-Center have?

The company employs 14,290 workers across the globe.

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
How can I contact Rent-A-Center?

Rent-A-Center's mailing address is 5501 HEADQUARTERS DRIVE, PLANO TX, 75024. The official website for the company is www.rentacenter.com. The company can be reached via phone at (972) 801-1100, via email at maureen.short@rentacenter.com, or via fax at 972-943-0113.

This page (NASDAQ:RCII) was last updated on 2/5/2023 by MarketBeat.com Staff