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

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

Rent-A-Center announced a quarterly dividend on Monday, December 9th. Shareholders of record on Monday, January 6th will be given a dividend of $0.29 per share on Wednesday, January 29th. This represents a $1.16 annualized dividend and a yield of 5.14%. The ex-dividend date is Friday, January 3rd. This is a boost from Rent-A-Center's previous quarterly dividend of $0.25. View Rent-A-Center's Dividend History.

Rent-A-Center Inc (NASDAQ:RCII) issued its quarterly earnings data on Monday, February, 24th. The company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.01. The company had revenue of $667.86 million for the quarter, compared to the consensus estimate of $658.66 million. Rent-A-Center had a net margin of 6.54% and a return on equity of 31.73%. The firm's revenue for the quarter was up .9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.35 EPS. View Rent-A-Center's Earnings History.

Rent-A-Center is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Rent-A-Center.

Rent-A-Center issued an update on its FY20 earnings guidance on Monday, February, 24th. The company provided earnings per share guidance of $2.45 to $2.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.62. The company issued revenue guidance of $2.755 to $2.875 billion, compared to the consensus revenue estimate of $2.73 billion.

6 Wall Street analysts have issued 12-month price targets for Rent-A-Center's shares. Their forecasts range from $22.00 to $28.00. On average, they anticipate Rent-A-Center's stock price to reach $26.00 in the next year. This suggests a possible upside of 15.3% from the stock's current price. View Analyst Price Targets for Rent-A-Center.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rent-A-Center in the last year. There are currently 1 sell rating, 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Rent-A-Center.

News stories about RCII stock have trended extremely negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Rent-A-Center earned a daily sentiment score of -4.4 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Rent-A-Center.

Rent-A-Center saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 4,430,000 shares, a decrease of 25.5% from the January 15th total of 5,950,000 shares. Based on an average trading volume of 640,400 shares, the short-interest ratio is currently 6.9 days. Approximately 8.2% of the shares of the stock are sold short. View Rent-A-Center's Current Options Chain.

Some companies that are related to Rent-A-Center include Air Lease (AL), Aaron's (AAN), Triton International (TRTN), Aircastle (AYR), McGrath RentCorp (MGRC), Textainer Group (TGH), CAI International (CAI), General Finance (GFN), Exterran (EXTN), Black Diamond Group (BDIMF), FlexShopper (FPAY), Quest Resource (QRHC), MITCHAM INDUSTR/SH (MIND) and Aly Energy Services (ALYE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Rent-A-Center investors own include Aaron's (AAN), Advanced Micro Devices (AMD), NVIDIA (NVDA), Intel (INTC), Micron Technology (MU), Paypal (PYPL), Mcdonald's (MCD), AT&T (T), Activision Blizzard (ATVI) and Seagate Technology (STX).

Rent-A-Center's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (8.01%), State Street Corp (2.73%), Royce & Associates LP (2.11%), Acadian Asset Management LLC (1.58%), Bank of New York Mellon Corp (1.56%) and Geode Capital Management LLC (1.47%). Company insiders that own Rent-A-Center stock include Catherine M Skula, Christopher A Korst, Engaged Capital Llc and Fred E Herman. View Institutional Ownership Trends for Rent-A-Center.

RCII stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Bank of Montreal Can, Renaissance Technologies LLC, AQR Capital Management LLC, Martingale Asset Management L P, Arizona State Retirement System, First Trust Advisors LP and State Street Corp. View Insider Buying and Selling for Rent-A-Center.

RCII stock was purchased by a variety of institutional investors in the last quarter, including Royce & Associates LP, SG Capital Management LLC, MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd, Bank of New York Mellon Corp, Alyeska Investment Group L.P., Acadian Asset Management LLC and Maverick Capital Ltd.. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of RCII stock can currently be purchased for approximately $22.55.

Rent-A-Center has a market capitalization of $1.23 billion and generates $2.67 billion in revenue each year. The company earns $8.49 million in net income (profit) each year or $2.24 on an earnings per share basis. Rent-A-Center employs 14,000 workers across the globe.View Additional Information About Rent-A-Center.

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

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]