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

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

Rent-A-Center declared 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 dividend on an annualized basis and a yield of 5.45%. The ex-dividend date of this dividend 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) announced its earnings results on Monday, February, 24th. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.57 by $0.01. The firm had revenue of $667.86 million for the quarter, compared to analyst estimates of $658.66 million. Rent-A-Center had a return on equity of 31.73% and a net margin of 6.54%. The firm's revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the company 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 EPS guidance of $2.45 to $2.85 for the period, compared to the Thomson Reuters consensus 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 analysts have issued 1 year 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 share price to reach $26.00 in the next year. This suggests a possible upside of 22.2% 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 headlines about RCII stock have trended somewhat negative on Friday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Rent-A-Center earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Rent-A-Center.

Rent-A-Center saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 4,430,000 shares, a decline of 25.5% from the January 15th total of 5,950,000 shares. Based on an average daily volume of 640,400 shares, the days-to-cover ratio is currently 6.9 days. Approximately 8.2% of the shares of the company are short sold. 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), MITCHAM INDUSTR/SH (MIND), Quest Resource (QRHC) 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 number of of institutional and retail investors. Top institutional investors 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 $21.28.

Rent-A-Center has a market capitalization of $1.17 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]