Rent-A-Center Stock Forecast, Price & News

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

Wall Street analysts have given Rent-A-Center a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Rent-A-Center wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Rent-A-Center saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 2,160,000 shares, an increase of 43.0% from the June 15th total of 1,510,000 shares. Based on an average daily volume of 668,100 shares, the short-interest ratio is presently 3.2 days. Currently, 3.6% of the shares of the stock are short sold.
View Rent-A-Center's Short Interest.

Rent-A-Center is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Rent-A-Center.

Rent-A-Center will be holding an earnings conference call on Thursday, August 5th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Rent-A-Center, Inc. (NASDAQ:RCII) released its quarterly earnings data on Tuesday, May, 4th. The company reported $1.32 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.12 by $0.20. The firm earned $1.04 billion during the quarter, compared to the consensus estimate of $961.23 million. Rent-A-Center had a trailing twelve-month return on equity of 41.79% and a net margin of 6.39%.
View Rent-A-Center's earnings history.

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 (WHO). Since then, RCII stock has increased by 222.9% and is now trading at $57.71.
View which stocks have been most impacted by COVID-19.

Rent-A-Center declared a quarterly dividend on Wednesday, June 9th. Stockholders of record on Tuesday, June 22nd will be given a dividend of $0.31 per share on Tuesday, July 13th. This represents a $1.24 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date is Monday, June 21st.
View Rent-A-Center's dividend history.

Rent-A-Center pays an annual dividend of $1.24 per share and currently has a dividend yield of 2.21%. Rent-A-Center does not yet have a strong track record of dividend growth. The dividend payout ratio of Rent-A-Center is 35.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Rent-A-Center will have a dividend payout ratio of 19.28% next year. This indicates that Rent-A-Center will be able to sustain or increase its dividend.
View Rent-A-Center's dividend history.

Rent-A-Center updated its FY 2021 earnings guidance on Wednesday, May, 26th. The company provided earnings per share guidance of 5.300-5.850 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.370. The company issued revenue guidance of $4.45 billion-$4.60 billion, compared to the consensus revenue estimate of $4.40 billion.

5 equities research analysts have issued 12-month price objectives for Rent-A-Center's stock. Their forecasts range from $52.00 to $75.00. On average, they expect Rent-A-Center's stock price to reach $67.25 in the next year. This suggests a possible upside of 16.5% from the stock's current price.
View analysts' price targets for Rent-A-Center or view top-rated stocks among Wall Street analysts.

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

Some companies that are related to Rent-A-Center include AerCap (AER), Air Lease (AL), Triton International (TRTN), PROG (PRG), Custom Truck One Source (CTOS), McGrath RentCorp (MGRC), Textainer Group (TGH), CAI International (CAI), The Aaron's (AAN), FinServ Acquisition (FSRV), Katapult (KPLT), Black Diamond Group (BDIMF), Exterran (EXTN), Quest Resource (QRHC) and FlexShopper (FPAY).
View all of RCII's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Rent-A-Center investors own include NVIDIA (NVDA), The 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).

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

Rent-A-Center's stock is owned by many different institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.06%), Oregon Public Employees Retirement Fund (0.04%), Fulcrum Equity Management (0.01%) and Joseph P. Lucia & Associates LLC (0.00%). Company insiders that own Rent-A-Center stock include Ann L Davids, Anthony J Blasquez, Catherine M Skula, Christopher B Hetrick, Jeffrey J Brown, Maureen B Short and Mitchell E Fadel.
View institutional ownership trends for Rent-A-Center.

RCII stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Oregon Public Employees Retirement Fund, Fulcrum Equity Management, and Joseph P. Lucia & Associates LLC. Company insiders that have bought Rent-A-Center stock in the last two years include Christopher B Hetrick, and Jeffrey J Brown.
View insider buying and selling activity for Rent-A-Center or or view top insider-buying stocks.

Shares of RCII 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.
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One share of RCII stock can currently be purchased for approximately $57.71.

Rent-A-Center has a market capitalization of $3.83 billion and generates $2.81 billion in revenue each year. The company earns $208.12 million in net income (profit) each year or $3.53 on an earnings per share basis.

Rent-A-Center employs 14,320 workers across the globe.

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

Rent-A-Center is headquartered at 5501 HEADQUARTERS DRIVE, PLANO TX, 75024.

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]