NASDAQ:RENT Rent the Runway (RENT) Stock Price, News & Analysis → Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown” (From Paradigm Press) (Ad) Free RENT Stock Alerts $21.89 -1.09 (-4.74%) (As of 06/14/2024 ET) Add Compare Share Share Today's Range$21.31▼$23.4250-Day Range$5.28▼$36.0052-Week Range$4.46▼$51.20Volume78,618 shsAverage Volume210,732 shsMarket Capitalization$80.38 millionP/E RatioN/ADividend YieldN/APrice Target$25.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipShort InterestTrends Get Rent the Runway alerts: Email Address Rent the Runway MarketRank™ Stock AnalysisAnalyst RatingHold2.38 Rating ScoreUpside/Downside14.2% Upside$25.00 Price TargetShort InterestHealthy15.35% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.89Based on 6 Articles This WeekInsider TradingSelling Shares$150,993 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($22.21) to ($21.74) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.48 out of 5 starsRetail/Wholesale Sector156th out of 194 stocksRetail Stores, Not Elsewhere Classified Industry7th out of 12 stocks 2.2 Analyst's Opinion Consensus RatingRent the Runway has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageRent the Runway has only been the subject of 2 research reports in the past 90 days.Read more about Rent the Runway's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted15.35% of the float of Rent the Runway has been sold short.Short Interest Ratio / Days to CoverRent the Runway has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Rent the Runway has recently decreased by 21.42%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldRent the Runway does not currently pay a dividend.Dividend GrowthRent the Runway does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RENT. Previous Next 2.7 News and Social Media Coverage News SentimentRent the Runway has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Rent the Runway this week, compared to 3 articles on an average week.Search Interest9 people have searched for RENT on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Rent the Runway to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rent the Runway insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $150,993.00 in company stock.Percentage Held by InsidersOnly 6.60% of the stock of Rent the Runway is held by insiders.Percentage Held by Institutions73.10% of the stock of Rent the Runway is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Rent the Runway's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Rent the Runway are expected to grow in the coming year, from ($22.21) to ($21.74) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rent the Runway is -0.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Rent the Runway is -0.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Read more about Rent the Runway's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyThe attacks will come for me after releasing this…America’s “Internal Enemies” Exposed New documentary exposes a hidden election plan in Washington D.C. that, if successful, could be more financially and culturally devastating than the dot-com blowup of 2000, the 2008 financial crisis, or the COVID crash.Click here to see how you can protect yourself today. About Rent the Runway Stock (NASDAQ:RENT)Rent the Runway, Inc. operates shared designer closet in the United States. The company offers evening wear and accessories, ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, and ski wear under subscription, rental, and resale offering. It also engages in the software development and support activities. Rent the Runway, Inc. was incorporated in 2009 and is headquartered in Brooklyn, New York.Read More RENT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RENT Stock News HeadlinesJune 12, 2024 | investorplace.comRent the Runway Stock: The Recession-Proof Fashion Play for Bold InvestorsJune 11, 2024 | americanbankingnews.comRent the Runway, Inc. (NASDAQ:RENT) Given Average Rating of "Hold" by BrokeragesJune 8, 2024 | americanbankingnews.comRent the Runway (NASDAQ:RENT) Issues Earnings ResultsJune 8, 2024 | americanbankingnews.comRent the Runway (NASDAQ:RENT) Price Target Raised to $40.00 at JMP SecuritiesJune 7, 2024 | americanbankingnews.comRent the Runway (NASDAQ:RENT) Stock Crosses Above Two Hundred Day Moving Average of $12.99June 6, 2024 | investorplace.comRENT Stock Earnings: Rent the Runway Beats EPS, Beats Revenue for Q1 2024June 6, 2024 | globenewswire.comRent the Runway, Inc. Announces First Quarter 2024 ResultsJune 5, 2024 | investorplace.comRun Far Away From Rent the Runway Stock. It’s an Investor Trap.June 5, 2024 | investorplace.comRun Far Away From Rent the Runway Stock. It's an Investor Trap.May 29, 2024 | forbes.comForbes Daily: The Next Philanthropic Chapter For Melinda French GatesMay 28, 2024 | forbes.comThe 83 Best Memorial Day Sales, According To Our Deal-Savvy EditorsMay 27, 2024 | msn.comLet's end the myths, confusion on proposed SRQ-New College land dealMay 25, 2024 | seekingalpha.comRent the Runway: There's Salvage Value HereMay 23, 2024 | msn.comAre Rental Platforms The Future Of Fashion?May 23, 2024 | investorplace.comThe 3 Most Undervalued Retail Stocks to Buy in May 2024May 17, 2024 | msn.comEva Longoria’s Stylist Told Me the 6 Summer Wardrobe Staples I Need, Starting at $11May 17, 2024 | investorplace.comWhy Is Rent the Runway (RENT) Stock Up 15% Today?May 16, 2024 | globenewswire.comRent the Runway to Report First Quarter 2024 Results on June 6, 2024May 15, 2024 | yahoo.comShhh! This Is Where All the NYC Fashion Girlies Get Their Designer Work Clothes on a BudgetMay 15, 2024 | msn.comRent The Runway Subscriptions Are on Sale For Up to 40% Off—But Not For LongMay 14, 2024 | msn.comThe 10 Most Expensive Subscription Box Services in 2024May 14, 2024 | msn.comMeme Stocks, Tariffs, Inflation Data Trigger Some Volatile Trade: Rent The Runway, Plug Power, RivianMay 14, 2024 | msn.comWe Just Found a Surefire Way To Win the Best Dressed Wedding Guest Award on a BudgetMay 14, 2024 | investorplace.com3 Short-Squeeze Stocks Ready to Soar on Roaring Kitty RallyMay 1, 2024 | chron.com100-year-old building in the Heights to be transformed into a mixed-use projectSee More Headlines Receive RENT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Rent the Runway and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings6/06/2024Today6/16/2024Next Earnings (Estimated)9/13/2024Fiscal Year End1/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorRetail/Wholesale Industry Retail stores, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:RENT CUSIP76017410 CIK800458 Webwww.renttherunway.com Phone212-524-6860FaxN/AEmployees1,104Year Founded2009Price Target and Rating Average Stock Price Target$25.00 High Stock Price Target$40.00 Low Stock Price Target$12.00 Potential Upside/Downside+14.2%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($30.05) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-113,200,000.00 Net Margins-35.15% Pretax Margin-35.08% Return on EquityN/A Return on Assets-34.45% Debt Debt-to-Equity RatioN/A Current Ratio1.61 Quick Ratio1.61 Sales & Book Value Annual Sales$299 million Price / Sales0.27 Cash FlowN/A Price / Cash FlowN/A Book Value($38.48) per share Price / Book-0.57Miscellaneous Outstanding Shares3,672,000Free Float3,430,000Market Cap$80.38 million OptionableOptionable Beta1.20 Social Links 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMs. Jennifer Y. Hyman (Age 43)President, Co-Founder, Chairman & CEO Comp: $1.49MMs. Jennifer Fleiss (Age 40)Co-Founder & Director Comp: $22kMr. Daniel Lee Rosensweig (Age 62)Advisor Comp: $27.25kMr. Siddharth B. Thacker (Age 47)Chief Financial Officer Ms. Cara Schembri (Age 47)Chief Legal & Administrative Officer Ms. Natalie McGrathChief Marketing OfficerMs. Sarah K. Tam (Age 50)Chief Merchant Officer Mr. Drew Rau (Age 45)Chief Supply Chain Officer Ms. Becky CaseSenior Vice President of EngineeringZachary Benjamin PhillipsSenior Vice President of ProductMore ExecutivesKey CompetitorsBARKNYSE:BARKHigh TideNASDAQ:HITIKirkland'sNASDAQ:KIRKYunjiNASDAQ:YJBoqiiNYSE:BQView All CompetitorsInsidersJennifer HymanSold 4,600 sharesTotal: $56,488.00 ($12.28/share)Siddharth ThackerSold 539 sharesTotal: $6,618.92 ($12.28/share)Becky CaseSold 907 sharesTotal: $11,137.96 ($12.28/share)Andrew RauSold 41 sharesTotal: $503.89 ($12.29/share)Jennifer HymanSold 7,770 sharesTotal: $54,390.00 ($7.00/share)View All Insider Transactions RENT Stock Analysis - Frequently Asked Questions Should I buy or sell Rent the Runway stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rent the Runway in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" RENT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RENT, but not buy additional shares or sell existing shares. View RENT analyst ratings or view top-rated stocks. What is Rent the Runway's stock price target for 2024? 8 brokerages have issued 1 year target prices for Rent the Runway's shares. Their RENT share price targets range from $12.00 to $40.00. On average, they anticipate the company's stock price to reach $25.00 in the next year. This suggests a possible upside of 14.2% 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 2024? Rent the Runway's stock was trading at $10.55 at the beginning of the year. Since then, RENT shares have increased by 107.5% and is now trading at $21.89. View the best growth stocks for 2024 here. Are investors shorting Rent the Runway? Rent the Runway saw a decline in short interest in May. As of May 31st, there was short interest totaling 267,100 shares, a decline of 21.4% from the May 15th total of 339,900 shares. Based on an average daily volume of 1,420,000 shares, the short-interest ratio is currently 0.2 days. Currently, 15.4% of the shares of the stock are short sold. View Rent the Runway's Short Interest. When is Rent the Runway's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, September 13th 2024. View our RENT earnings forecast. How were Rent the Runway's earnings last quarter? Rent the Runway, Inc. (NASDAQ:RENT) announced its quarterly earnings results on Thursday, June, 6th. The company reported ($6.03) EPS for the quarter, beating the consensus estimate of ($6.56) by $0.53. The business earned $75 million during the quarter, compared to the consensus estimate of $73.20 million. When did Rent the Runway's stock split? Rent the Runway shares reverse split on Wednesday, April 3rd 2024. The 1-20 reverse split was announced on Wednesday, April 3rd 2024. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, April 3rd 2024. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split. What guidance has Rent the Runway issued on next quarter's earnings? Rent the Runway updated its FY 2024 earnings guidance on Thursday, June, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $301.2 million-$316.1 million, compared to the consensus revenue estimate of $307.6 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 the Runway (RENT) raised $332 million in an IPO on Wednesday, October 27th 2021. The company issued 17,000,000 shares at $18.00-$21.00 per share. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Rent the Runway have any subsidiaries? The following companies are subsidiares of Rent the Runway: Go Try It On.Read More This page (NASDAQ:RENT) was last updated on 6/16/2024 by MarketBeat.com Staff From Our PartnersGold Set to EXPLODE!The perfect storm is brewing to drive gold's price through the roof! And our weakening dollars are causing ...Gold Safe Exchange | SponsoredTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world'...Daily Market Alerts | SponsoredTop 5 AI Stocks to Buy for 2024The electric vehicle boom is accelerating – and fast.Market Moving Trends | SponsoredHurry! Buy this stock before the Robinhood traders do!Robinhood traders have piled $78 billion into this market... 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