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NASDAQ:RCII

Rent-A-Center Stock Forecast, Price & News

$28.36
-0.25 (-0.87 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$28.24
Now: $28.36
$29.06
50-Day Range
$28.61
MA: $30.88
$32.91
52-Week Range
$11.69
Now: $28.36
$33.51
Volume889,295 shs
Average Volume644,370 shs
Market Capitalization$1.53 billion
P/E Ratio9.92
Dividend Yield4.05%
Beta1.58
Rent-A-Center, Inc., together with its subsidiaries, leases household durable goods to customers on a rent-to-own basis. The company operates through four segments: Core U.S., Acceptance Now, Mexico, and Franchising. It offers durable products, such as consumer electronics; appliances; computers, including tablets; smartphones; wheels and tires; and furniture, including accessories under rental purchase agreements. The company also provides merchandise on an installment sales basis; and rent-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; and rent-to-own and franchised rent-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names. As of December 31, 2018, the company owned and operated approximately 2,158 stores in the United States, Canada, and Puerto Rico, including 44 retail installment sales stores; 1,106 Acceptance Now staffed kiosk locations in 41 states and Puerto Rico; 96 Acceptance Now Direct locations; and 122 stores in Mexico, as well as franchised 281 rent-to-own stores in 32 states. Rent-A-Center, Inc. was founded in 1986 and is headquartered in Plano, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.4Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.57 out of 5 stars


Industry, Sector and Symbol

Industry Equipment rental & leasing, not elsewhere classified
Sub-IndustryComputer & Electronics Retail
Current SymbolNASDAQ:RCII
CUSIP76009N10
Phone972-801-1100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.67 billion
Cash Flow$14.25 per share
Book Value$8.38 per share

Profitability

Net Income$173.55 million

Miscellaneous

Employees14,500
Market Cap$1.53 billion
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$28.36
-0.25 (-0.87 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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

How has Rent-A-Center's stock price been impacted by Coronavirus (COVID-19)?

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. Since then, RCII stock has increased by 58.7% and is now trading at $28.36.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Rent-A-Center?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rent-A-Center in the last year. There are currently 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Rent-A-Center
.

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

Rent-A-Center is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Rent-A-Center
.

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

Rent-A-Center Inc (NASDAQ:RCII) announced its quarterly earnings results on Wednesday, August, 5th. The company reported $0.80 EPS for the quarter, beating analysts' consensus estimates of $0.60 by $0.20. The firm had revenue of $683.75 million for the quarter, compared to analyst estimates of $606.96 million. Rent-A-Center had a return on equity of 30.41% and a net margin of 5.90%.
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 declared a quarterly dividend on Monday, June 29th. Shareholders of record on Friday, July 10th will be given a dividend of $0.29 per share on Tuesday, July 28th. This represents a $1.16 annualized dividend and a dividend yield of 4.09%. The ex-dividend date of this dividend is Thursday, July 9th.
View Rent-A-Center's dividend history
.

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

Rent-A-Center updated its FY20 earnings guidance on Wednesday, August, 5th. The company provided EPS guidance of $2.45-2.85 for the period, compared to the Thomson Reuters consensus estimate of $2.30. The company issued revenue guidance of $2.755-2.875 billion, compared to the consensus revenue estimate of $2.60 billion.

What price target have analysts set for RCII?

7 analysts have issued 12-month price targets for Rent-A-Center's shares. Their forecasts range from $28.00 to $34.00. On average, they expect Rent-A-Center's share price to reach $30.40 in the next twelve months. This suggests a possible upside of 7.2% from the stock's current price.
View analysts' price targets for Rent-A-Center
.

Are investors shorting Rent-A-Center?

Rent-A-Center saw a decline in short interest in August. As of August 31st, there was short interest totaling 2,070,000 shares, a decline of 29.6% from the August 15th total of 2,940,000 shares. Based on an average daily trading volume, of 532,600 shares, the days-to-cover ratio is presently 3.9 days. Currently, 3.9% of the company's stock are sold short.
View Rent-A-Center's Short Interest
.

Who are some of Rent-A-Center's key competitors?

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).

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 62)
  • Mr. J. V. Lentell, Director (Age 81)
  • Ms. Maureen B. Short, Exec. VP & CFO (Age 44)
  • Mr. Fred E. Herman, Exec. VP & Chief Information Officer (Age 62)
  • Mr. Christopher A. Korst, Exec. VP & Gen. Counsel (Age 59)

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 investors include Vanguard Group Inc. (14.89%), Goldman Sachs Group Inc. (2.66%), Nuveen Asset Management LLC (1.77%), Bank of New York Mellon Corp (1.54%), LSV Asset Management (1.47%) and Charles Schwab Investment Management Inc. (0.98%). Company insiders that own Rent-A-Center stock include Catherine M Skula, Christopher A Korst, Christopher B Hetrick, Fred E Herman and Jeffrey J Brown.
View institutional ownership trends for Rent-A-Center
.

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

RCII stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Federated Hermes Inc., Prudential Financial Inc., APG Asset Management N.V., MERIAN GLOBAL INVESTORS UK Ltd, TD Asset Management Inc., First Trust Advisors LP, and Two Sigma Advisers LP.
View insider buying and selling activity for Rent-A-Center
.

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

RCII stock was purchased by a variety of institutional investors in the last quarter, including LSV Asset Management, Goldman Sachs Group Inc., FMR LLC, FMR LLC, AJO LP, Nantahala Capital Management LLC, Intrinsic Edge Capital Management LLC, and Icon Advisers Inc. Co.. 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
.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

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

One share of RCII stock can currently be purchased for approximately $28.36.

How big of a company is Rent-A-Center?

Rent-A-Center has a market capitalization of $1.53 billion and generates $2.67 billion in revenue each year. The company earns $173.55 million in net income (profit) each year or $2.24 on an earnings per share basis. Rent-A-Center employs 14,500 workers across the globe.

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 or via email at [email protected]

This page was last updated on 9/20/2020 by MarketBeat.com Staff

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