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. Investors 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 3.84%. The ex-dividend date of this dividend is Friday, January 3rd. This is a positive change 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 results on Wednesday, November, 6th. The company reported $0.47 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.50 by $0.03. The business earned $649.37 million during the quarter, compared to the consensus estimate of $630.83 million. Rent-A-Center had a net margin of 5.09% and a return on equity of 31.75%. The company's revenue was up .7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.32 EPS. View Rent-A-Center's Earnings History.

Rent-A-Center is scheduled to release their next quarterly earnings announcement on Monday, February 24th 2020. View Earnings Estimates for Rent-A-Center.

Rent-A-Center issued an update on its FY19 earnings guidance on Wednesday, November, 6th. The company provided EPS guidance of $2.10-2.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.26. The company issued revenue guidance of $2.635-2.670 billion, compared to the consensus revenue estimate of $2.64 billion.

6 Wall Street analysts have issued 1 year target prices for Rent-A-Center's shares. Their forecasts range from $18.00 to $28.00. On average, they anticipate Rent-A-Center's stock price to reach $24.40 in the next twelve months. This suggests that the stock has a possible downside of 19.1%. 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 recently, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Rent-A-Center earned a news impact score of -1.5 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Rent-A-Center.

Rent-A-Center saw a increase in short interest in the month of December. As of December 13th, there was short interest totalling 6,170,000 shares, an increase of 5.3% from the November 28th total of 5,860,000 shares. Based on an average daily volume of 695,400 shares, the short-interest ratio is currently 8.9 days. Currently, 11.4% of the shares of the stock 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), Mcdonald's (MCD), AT&T (T), Activision Blizzard (ATVI), Paypal (PYPL), Seagate Technology (STX) and General Electric (GE).

Rent-A-Center's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (0.23%), Bowling Portfolio Management LLC (0.08%), 6 Meridian (0.06%), Louisiana State Employees Retirement System (0.03%) and Hexavest Inc. (0.03%). 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 Bowling Portfolio Management LLC, Hexavest Inc., Hennessy Advisors Inc. and Louisiana State Employees Retirement System. Company insiders that have sold Rent-A-Center company stock in the last year include Catherine M Skula, Christopher A Korst and Fred E Herman. View Insider Buying and Selling for Rent-A-Center.

RCII stock was acquired by a variety of institutional investors in the last quarter, including 6 Meridian. 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 $30.17.

Rent-A-Center has a market capitalization of $1.65 billion and generates $2.66 billion in revenue each year. The company earns $8.49 million in net income (profit) each year or $1.06 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]