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S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
THE BEST BLACK FRIDAY DEAL YET (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
THE BEST BLACK FRIDAY DEAL YET (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
THE BEST BLACK FRIDAY DEAL YET (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
NASDAQ:RENT

Rent the Runway - RENT Stock Forecast, Price & News

$1.30
+0.04 (+3.17%)
(As of 11/25/2022 08:58 PM ET)
Add
Compare
Today's Range
$1.20
$1.34
50-Day Range
$1.17
$2.91
52-Week Range
$1.10
$16.00
Volume
403,200 shs
Average Volume
982,685 shs
Market Capitalization
$84.12 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.95

Rent the Runway MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
511.9% Upside
$7.95 Price Target
Short Interest
Bearish
16.19% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.47mentions of Rent the Runway in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$51,328 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($2.28) to ($1.87) Per Share

Overall MarketRank

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

2.35 out of 5 stars

Retail/Wholesale Sector

82nd out of 219 stocks

Retail Stores, Not Elsewhere Classified Industry

3rd out of 14 stocks

RENT stock logo

About Rent the Runway (NASDAQ:RENT) Stock

Rent the Runway, Inc. rents designer wear for women through its stores and online retail. The company offers ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, ski wear, home goods, evening wear, and kids wear, as well as accessories. It also engages in the software development and support activities. The company was incorporated in 2009 and is headquartered in Brooklyn, New York.

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RENT Stock News Headlines

Rent the Runway (NASDAQ:RENT) Cut to Equal Weight at Morgan Stanley
Kirby McInerney LLP Reminds Investors That a...
EQUITY ALERT: Rosen Law Firm Encourages Rent the
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RENT Company Calendar

Last Earnings
9/12/2022
Today
11/28/2022
Next Earnings (Estimated)
12/14/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Retail stores, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:RENT
CUSIP
76017410
Fax
N/A
Employees
1,096
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$7.95
High Stock Price Forecast
$16.00
Low Stock Price Forecast
$2.50
Forecasted Upside/Downside
+511.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
11 Analysts

Profitability

Net Income
$-211,800,000.00
Pretax Margin
-76.38%

Debt

Sales & Book Value

Annual Sales
$203.30 million
Book Value
$1.13 per share

Miscellaneous

Free Float
57,781,000
Market Cap
$84.12 million
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Ms. Jennifer Y. Hyman (Age 41)
    Co-Founder, Chairman & CEO
    Comp: $1.51M
  • Ms. Anushka SalinasMs. Anushka Salinas (Age 40)
    Pres & COO
    Comp: $771.83k
  • Ms. Jennifer Fleiss (Age 38)
    Co-Founder & Director
  • Ms. Scarlett O'Sullivan (Age 52)
    Chief Financial Officer
    Comp: $769.51k
  • Mr. Larry Steinberg (Age 54)
    Chief Technology Officer
  • Ms. Cara Schembri (Age 46)
    Gen. Counsel & Sec.
  • Ms. Andrea Alexander (Age 40)
    Chief People Officer
  • Mr. Brian Donato (Age 51)
    Chief Supply Chain Officer
  • Ms. Sarah K. Tam (Age 49)
    Chief Merchant Officer













RENT Stock - Frequently Asked Questions

Should I buy or sell Rent the Runway stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rent the Runway in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RENT shares.
View RENT analyst ratings
or view top-rated stocks.

What is Rent the Runway's stock price forecast for 2023?

11 brokerages have issued 1 year price objectives for Rent the Runway's stock. Their RENT share price forecasts range from $2.50 to $16.00. On average, they expect the company's share price to reach $7.95 in the next twelve months. This suggests a possible upside of 511.9% from the stock's current price.
View analysts price targets for RENT
or view top-rated stocks among Wall Street analysts.

How have RENT shares performed in 2022?

Rent the Runway's stock was trading at $8.15 at the start of the year. Since then, RENT stock has decreased by 84.0% and is now trading at $1.30.
View the best growth stocks for 2022 here
.

When is Rent the Runway's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 14th 2022.
View our RENT earnings forecast
.

How were Rent the Runway's earnings last quarter?

Rent the Runway, Inc. (NASDAQ:RENT) posted its earnings results on Monday, September, 12th. The company reported ($0.53) EPS for the quarter, topping the consensus estimate of ($0.65) by $0.12. The firm had revenue of $76.50 million for the quarter, compared to analysts' expectations of $73.46 million. Rent the Runway had a negative trailing twelve-month return on equity of 293.74% and a negative net margin of 76.30%.

What guidance has Rent the Runway issued on next quarter's earnings?

Rent the Runway updated its third quarter 2022 earnings guidance on Tuesday, October, 11th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $72.00 million-$74.00 million, compared to the consensus revenue estimate of $79.72 million.

What other stocks do shareholders of Rent the Runway own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rent the Runway investors own include Alibaba Group (BABA), OPKO Health (OPK), American Airlines Group (AAL), Alnylam Pharmaceuticals (ALNY), Ambarella (AMBA), Broadcom (AVGO), Biogen (BIIB) and Walt Disney (DIS).

When did Rent the Runway IPO?

(RENT) raised $332 million in an initial public offering on Wednesday, October 27th 2021. The company issued 17,000,000 shares at $18.00-$21.00 per share.

What is Rent the Runway's stock symbol?

Rent the Runway trades on the NASDAQ under the ticker symbol "RENT."

Who are Rent the Runway's major shareholders?

Rent the Runway's stock is owned by a variety of retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (4.39%), BlackRock Inc. (4.04%), Vanguard Group Inc. (3.63%), Marshall Wace LLP (2.38%), State Street Corp (1.48%) and Quinn Opportunity Partners LLC (1.30%). Insiders that own company stock include Anushka Salinas, Beth J Kaplan, Brian Donato, Carley Roney, Jennifer Hyman, Larry Steinberg and Sarah K Tam.
View institutional ownership trends
.

How do I buy shares of Rent the Runway?

Shares of RENT 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 the Runway's stock price today?

One share of RENT stock can currently be purchased for approximately $1.30.

How much money does Rent the Runway make?

Rent the Runway (NASDAQ:RENT) has a market capitalization of $84.11 million and generates $203.30 million in revenue each year. The company earns $-211,800,000.00 in net income (profit) each year or ($8.54) on an earnings per share basis.

How many employees does Rent the Runway have?

The company employs 1,096 workers across the globe.

How can I contact Rent the Runway?

Rent the Runway's mailing address is 7700 NE Ambassador Pl, PORTLAND, OR 97220-1394, United States. The official website for the company is www.renttherunway.com. The company can be reached via phone at 212-524-6860 or via email at investors@renttherunway.com.

This page (NASDAQ:RENT) was last updated on 11/28/2022 by MarketBeat.com Staff