S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NASDAQ:RCII

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

$24.99
-0.65 (-2.54%)
(As of 05/20/2022 06:55 PM ET)
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Today's Range
$23.83
$25.81
50-Day Range
$23.52
$28.90
52-Week Range
$22.70
$67.76
Volume
915,900 shs
Average Volume
1.06 million shs
Market Capitalization
$1.48 billion
P/E Ratio
19.52
Dividend Yield
5.44%
Beta
1.55
30 days | 90 days | 365 days | Advanced Chart
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Rent-A-Center logo

About Rent-A-Center

Rent-A-Center, Inc., together with its subsidiaries, leases household durable goods to customers on a lease-to-own basis. The company operates in four segments: Rent-A-Center Business, Acima, Mexico, and Franchising. It offers furniture and accessories, appliances, consumer electronics, computers, tablets and smartphones, tools, tires, handbags, and other accessories under rental purchase agreements. The company also provides merchandise on an installment sales basis; and the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer through kiosks located within retailer's locations. It operates retail installment sales stores under the Get It Now and Home Choice names; lease-to-own and franchised lease-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names; and rentacenter.com, an e-commerce platform. As of December 31, 2021, the company owned and operated approximately 1,846 stores in the United States and Puerto Rico, including 45 retail installment sales stores; 35 Acima staffed locations in North Carolina; and 123 stores in Mexico, as well as franchised 466 lease-to-own stores in 32 states. Rent-A-Center, Inc. was founded in 1960 and is headquartered in Plano, Texas.

Headlines

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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

Sales & Book Value

Annual Sales
$4.58 billion
Cash Flow
$26.03 per share
Book Value
$8.84 per share

Profitability

Net Income
$134.94 million
Pretax Margin
2.91%

Debt

Price-To-Earnings

Miscellaneous

Free Float
58,256,000
Market Cap
$1.48 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 4/22 Dividend
4/04/2022
Dividend Payable
4/22/2022
Last Earnings
5/04/2022
Today
5/22/2022
Next Earnings (Estimated)
8/03/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

3.07 out of 5 stars

Consumer Discretionary Sector

22nd out of 397 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

2nd out of 18 stocks

Analyst Opinion: 3.5Community Rank: 4.1Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -













Rent-A-Center (NASDAQ:RCII) Frequently Asked Questions

Is Rent-A-Center a buy right now?

4 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 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.

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

Rent-A-Center is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for Rent-A-Center
.

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

Rent-A-Center, Inc. (NASDAQ:RCII) posted its quarterly earnings data on Wednesday, May, 4th. The company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.03. The firm earned $1.13 billion during the quarter, compared to analysts' expectations of $1.11 billion. Rent-A-Center had a trailing twelve-month return on equity of 48.47% and a net margin of 1.87%. The company's quarterly revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.32 EPS.
View Rent-A-Center's earnings history
.

How often does Rent-A-Center pay dividends? What is the dividend yield for Rent-A-Center?

Rent-A-Center announced a quarterly dividend on Thursday, March 24th. Shareholders of record on Tuesday, April 5th will be paid a dividend of $0.34 per share on Friday, April 22nd. This represents a $1.36 dividend on an annualized basis and a dividend yield of 5.44%. The ex-dividend date of this dividend is Monday, April 4th.
View Rent-A-Center's dividend history
.

Is Rent-A-Center a good dividend stock?

Rent-A-Center pays an annual dividend of $1.36 per share and currently has a dividend yield of 5.44%. RCII has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Rent-A-Center has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Rent-A-Center is 106.25%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Rent-A-Center will have a dividend payout ratio of 23.90% next year. This indicates that Rent-A-Center will be able to sustain or increase its dividend.
View Rent-A-Center's dividend history.

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

Rent-A-Center updated its second quarter 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of $0.95-$1.10 for the period, compared to the consensus earnings per share estimate of $1.30. The company issued revenue guidance of $1.04 billion-$1.07 billion, compared to the consensus revenue estimate of $1.13 billion.

What price target have analysts set for RCII?

4 brokerages have issued 12-month target prices for Rent-A-Center's stock. Their forecasts range from $40.00 to $85.00. On average, they expect Rent-A-Center's stock price to reach $56.33 in the next twelve months. This suggests a possible upside of 125.4% from the stock's current price.
View analysts' price targets for Rent-A-Center
or view top-rated stocks among Wall Street analysts.

Who are Rent-A-Center's key executives?
Rent-A-Center's management team includes the following people:
  • Mr. Mitchell E. Fadel, CEO & Director (Age 65, Pay $3.51M) (LinkedIn Profile)
  • Ms. Maureen B. Short, Exec. VP & CFO (Age 47, Pay $953.64k) (LinkedIn Profile)
  • Ms. Ann L. Davids, Exec. VP, Chief Customer Officer & Chief Marketing Officer (Age 53, Pay $698.5k)
  • Mr. Michael Santimaw, Sr. VP & Chief Information Officer
  • Mr. Brendan James Metrano C.F.A., VP of Investor Relations
  • Mr. Bryan J. Pechersky, Exec. VP, Gen. Counsel & Corp. Sec. (Age 51)
  • Tyler Montrone, Sr. VP, Chief Compliance Officer & Assistant Gen. Counsel – Acima
  • Mr. Transient C. Taylor, Exec. VP & Chief HR Officer (Age 56)
  • Mr. James York, Sr. VP of Rent-A-Center East (Age 53)
  • Mr. Tim Pitt, Sr. VP of Marketing & Merchandising
What is Mitch Fadel's approval rating as Rent-A-Center's CEO?

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.

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.13%), Vanguard Group Inc. (11.19%), State Street Corp (3.95%), Ieq Capital LLC (3.42%), Fuller & Thaler Asset Management Inc. (2.09%) and Dimensional Fund Advisors LP (1.97%). Company insiders that own Rent-A-Center 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 for Rent-A-Center
.

Which major investors are selling Rent-A-Center stock?

RCII stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Fuller & Thaler Asset Management Inc., Royce & Associates LP, Vanguard Group Inc., JPMorgan Chase & Co., Alyeska Investment Group L.P., Renaissance Technologies LLC, and Allianz Asset Management GmbH. Company insiders that have sold Rent-A-Center company stock in the last year include Anthony J Blasquez, Catherine M Skula, Maureen B Short, and Mitchell E Fadel.
View insider buying and selling activity for Rent-A-Center
or view top insider-selling stocks.

Which major investors are buying Rent-A-Center stock?

RCII stock was purchased by a variety of institutional investors in the last quarter, including Ieq Capital LLC, Victory Capital Management Inc., Philadelphia Financial Management of San Francisco LLC, State Street Corp, Connacht Asset Management LP, EMG Holdings L.P., Invesco Ltd., and LSV Asset Management. Company insiders that have bought Rent-A-Center stock in the last two years include Christopher B Hetrick, Jeffrey J Brown, and Mitchell E Fadel.
View insider buying and selling activity for Rent-A-Center
or or view top insider-buying stocks.

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 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 $24.99.

How much money does Rent-A-Center make?

Rent-A-Center has a market capitalization of $1.48 billion and generates $4.58 billion in revenue each year. The company earns $134.94 million in net income (profit) each year or $1.279990 on an earnings per share basis.

How many employees does Rent-A-Center have?

Rent-A-Center 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.

When was Rent-A-Center founded?

Rent-A-Center was founded in 1986.

What is Rent-A-Center's official website?

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

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, via email at [email protected], or via fax at 972-943-0113.

This page was last updated on 5/23/2022 by MarketBeat.com Staff

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