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S&P 500   4,274.04
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Agilent Technologies Proves Its Worth VS Illumina 
US Dollar Replaced By "Biden Bucks"? (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
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Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
US Dollar Replaced By "Biden Bucks"? (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
US Dollar Replaced By "Biden Bucks"? (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
NASDAQ:RCII

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

$30.45
-0.77 (-2.47%)
(As of 08/17/2022 12:00 AM ET)
Add
Compare
Today's Range
$30.00
$30.97
50-Day Range
$19.45
$31.22
52-Week Range
$18.88
$67.76
Volume
377,935 shs
Average Volume
986,571 shs
Market Capitalization
$1.80 billion
P/E Ratio
42.89
Dividend Yield
4.36%
Price Target
$52.00

Rent-A-Center MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
70.8% Upside
$52.00 Price Target
Short Interest
Healthy
9.16% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.94
Upright™ Environmental Score
News Sentiment
0.40mentions of Rent-A-Center in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$25,304 Bought Last Quarter
Proj. Earnings Growth
14.05%
From $4.20 to $4.79 Per Share

Overall MarketRank

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

2.78 out of 5 stars

Consumer Discretionary Sector

38th out of 294 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

1st out of 14 stocks

RCII stock logo

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

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.

Wall Street Analysts Forecast Growth

RCII has been the topic of a number of research reports. StockNews.com downgraded shares of Rent-A-Center from a "buy" rating to a "hold" rating in a research note on Tuesday, August 2nd. KeyCorp cut their price target on Rent-A-Center from $44.00 to $41.00 and set an "overweight" rating for the company in a research note on Friday, August 5th. Finally, Stephens cut Rent-A-Center from an "overweight" rating to an "equal weight" rating and set a $42.00 price target for the company. in a research note on Wednesday, June 29th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $52.00.

Rent-A-Center Stock Down 2.5 %

NASDAQ:RCII traded down $0.77 during trading on Wednesday, hitting $30.45. 377,935 shares of the company traded hands, compared to its average volume of 986,571. Rent-A-Center has a 12 month low of $18.88 and a 12 month high of $67.76. The business has a fifty day simple moving average of $23.53 and a 200 day simple moving average of $27.02. The company has a market capitalization of $1.80 billion, a P/E ratio of 42.89 and a beta of 1.67. The company has a current ratio of 3.37, a quick ratio of 0.83 and a debt-to-equity ratio of 2.45.

Rent-A-Center (NASDAQ:RCII - Get Rating) last issued its quarterly earnings data on Wednesday, August 3rd. The company reported $1.15 earnings per share for the quarter, beating analysts' consensus estimates of $1.02 by $0.13. Rent-A-Center had a return on equity of 46.90% and a net margin of 1.02%. During the same period in the prior year, the business posted $1.63 EPS. As a group, sell-side analysts predict that Rent-A-Center will post 4.2 EPS for the current year.

Rent-A-Center Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 12th. Investors of record on Tuesday, June 21st were paid a $0.34 dividend. The ex-dividend date was Friday, June 17th. This represents a $1.36 dividend on an annualized basis and a yield of 4.47%. Rent-A-Center's payout ratio is presently 191.55%.

Insider Buying and Selling

In other news, Director Jeffrey J. Brown purchased 1,223 shares of the firm's stock in a transaction on Tuesday, July 12th. The stock was bought at an average cost of $20.69 per share, for a total transaction of $25,303.87. Following the completion of the acquisition, the director now directly owns 75,669 shares of the company's stock, valued at $1,565,591.61. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 11.00% of the company's stock.

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RCII Stock News Headlines

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StockNews.com Lowers Rent-A-Center (NASDAQ:RCII) to Hold
Rent-A-Center (NASDAQ:RCII) Upgraded to Buy at StockNews.com
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RCII Company Calendar

Ex-Dividend for 7/12 Dividend
6/17/2022
Dividend Payable
7/12/2022
Last Earnings
8/03/2022
Today
8/18/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

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
$52.00
High Stock Price Forecast
$85.00
Low Stock Price Forecast
$40.00
Forecasted Upside/Downside
+70.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$134.94 million
Pretax Margin
1.96%

Debt

Sales & Book Value

Annual Sales
$4.58 billion
Cash Flow
$27.19 per share
Book Value
$9.44 per share

Miscellaneous

Free Float
52,687,000
Market Cap
$1.80 billion
Optionable
Optionable
Beta
1.67

Key Executives














RCII Stock - Frequently Asked Questions

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

4 Wall Street 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 3 buy ratings for the stock. The consensus among Wall Street 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 2022?

4 brokerages have issued 12 month price objectives for Rent-A-Center's shares. Their RCII share price forecasts range from $40.00 to $85.00. On average, they expect the company's share price to reach $52.00 in the next year. This suggests a possible upside of 70.8% 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 2022?

Rent-A-Center's stock was trading at $48.04 at the start of the year. Since then, RCII stock has decreased by 36.6% and is now trading at $30.45.
View the best growth stocks for 2022 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our RCII earnings forecast
.

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

Rent-A-Center, Inc. (NASDAQ:RCII) announced its earnings results on Wednesday, August, 3rd. The company reported $1.15 EPS for the quarter, topping analysts' consensus estimates of $1.02 by $0.13. Rent-A-Center had a trailing twelve-month return on equity of 46.90% and a net margin of 1.02%. During the same quarter in the previous year, the company earned $1.63 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, June 8th. Shareholders of record on Tuesday, June 21st will be given a dividend of $0.34 per share on Tuesday, July 12th. This represents a $1.36 annualized dividend and a dividend yield of 4.47%. The ex-dividend date of this dividend is Friday, June 17th.
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 4.36%. RCII has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company 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 is 191.55%. 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 28.39% 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 FY 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share (EPS) guidance of $4.00-$4.50 for the period, compared to the consensus estimate of $4.60. The company issued revenue guidance of $4.26 billion-$4.38 billion, compared to the consensus revenue estimate of $4.48 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 number of retail and institutional investors. Top institutional shareholders include FMR LLC (13.27%), State Street Corp (3.63%), Ieq Capital LLC (3.48%), Northern Trust Corp (0.97%), Millennium Management LLC (0.68%) and Kennedy Capital Management Inc. (0.60%). Insiders that own company stock include Ann L Davids, Anthony J Blasquez, Anthony J Blasquez, Catherine M Skula, 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 $30.45.

How much money does Rent-A-Center make?

Rent-A-Center (NASDAQ:RCII) has a market capitalization of $1.80 billion and generates $4.58 billion in revenue each year. The company earns $134.94 million in net income (profit) each year or $0.71 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
When was Rent-A-Center founded?

Rent-A-Center was founded in 1986.

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 8/18/2022 by MarketBeat.com Staff

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