Aaron's, Inc. operates as an omnichannel provider of lease-purchase solutions to underserved and credit-challenged customers. It operates in three segments: Progressive Leasing, Aaron's Business, and DAMI. The company also engages in the sale, lease ownership, and specialty retailing of furniture, consumer electronics, home appliances, and accessories. As of December 31, 2018, it operated through 1,689 Aaron's stores, including 1,312 company-operated stores in 42 states and Canada; and 377 independently-owned franchised stores in 37 states, Canada, and Puerto Rico, as well as its e-commerce platform, aarons.com. The company was founded in 1955 and is headquartered in Atlanta, Georgia.
Industry, Sector and Symbol
Industry Equipment rental & leasing, not elsewhere classified
Sub-IndustryHomefurnishing Retail
SectorRetail/Wholesale
Phone678-402-3000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.83 billion
Profitability
Miscellaneous
Employees11,800
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable
Aaron's (NYSE:AAN) Frequently Asked Questions
What is Aaron's' stock symbol?
Aaron's trades on the New York Stock Exchange (NYSE) under the ticker symbol "AAN."
How often does Aaron's pay dividends? What is the dividend yield for Aaron's?
Aaron's declared a quarterly dividend on Friday, February 22nd. Investors of record on Tuesday, March 19th will be given a dividend of $0.035 per share on Friday, April 5th. This represents a $0.14 annualized dividend and a yield of 0.28%. The ex-dividend date of this dividend is Monday, March 18th. View Aaron's' Dividend History.
How will Aaron's' stock buyback program work?
Aaron's announced that its Board of Directors has authorized a share buyback program on Thursday, February 15th 2018, which permits the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its shares are undervalued.
How were Aaron's' earnings last quarter?
Aaron's, Inc. (NYSE:AAN) announced its quarterly earnings data on Thursday, February, 14th. The company reported $1.02 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.03 by $0.01. The firm had revenue of $993.20 million for the quarter, compared to the consensus estimate of $966.29 million. Aaron's had a net margin of 5.12% and a return on equity of 13.51%. The firm's revenue for the quarter was up 12.3% on a year-over-year basis. During the same period last year, the firm posted $0.65 earnings per share. View Aaron's' Earnings History.
When is Aaron's' next earnings date?
What guidance has Aaron's issued on next quarter's earnings?
Aaron's issued an update on its FY19 earnings guidance on Thursday, February, 14th. The company provided earnings per share guidance of $3.65-3.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.91. The company issued revenue guidance of $3.91-4.07 billion, compared to the consensus revenue estimate of $3.99 billion.Aaron's also updated its FY 2019 guidance to $3.65-3.85 EPS.
What price target have analysts set for AAN?
7 brokerages have issued 1 year target prices for Aaron's' shares. Their forecasts range from $57.00 to $68.00. On average, they expect Aaron's' share price to reach $63.00 in the next year. This suggests a possible upside of 25.5% from the stock's current price. View Analyst Price Targets for Aaron's.
What is the consensus analysts' recommendation for Aaron's?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aaron's in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Aaron's.
Has Aaron's been receiving favorable news coverage?
Media headlines about AAN stock have been trending neutral on Sunday, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing 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. Aaron's earned a news impact score of 0.2 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the company's share price in the immediate future.
Who are some of Aaron's' key competitors?
Some companies that are related to Aaron's include United Rentals (URI), AerCap (AER), Air Lease (AL), Triton International (TRTN), Aircastle (AYR), McGrath RentCorp (MGRC), Rent-A-Center (RCII), Exterran (EXTN), Textainer Group (TGH), CAI International (CAI), General Finance (GFN), Black Diamond Group (BDIMF), MITCHAM INDUSTR/SH (MIND), Quest Resource (QRHC) and FlexShopper (FPAY).
What other stocks do shareholders of Aaron's own?
Who are Aaron's' key executives?
Aaron's' management team includes the folowing people:
- Mr. John W. Robinson III, Pres, CEO & Director (Age 47)
- Mr. Steven A. Michaels, CFO & Pres of Strategic Operations (Age 47)
- Mr. Douglas A. Lindsay, Pres of Sales & Lease Ownership (Age 48)
- Mr. Curtis Linn Doman, CTO of Progressive Leasing & Director (Age 46)
- Mr. Ryan K. Woodley, Chief Exec. Officer of Progressive Leasing (Age 42)
Who are Aaron's' major shareholders?
Aaron's' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.34%), Dimensional Fund Advisors LP (8.46%), FMR LLC (4.48%), Wedge Capital Management L L P NC (3.05%), LSV Asset Management (2.42%) and Northern Trust Corp (2.40%). Company insiders that own Aaron's stock include Curtis Linn Doman, John W Robinson, Moonrider Ou, Ray M Robinson, Robert H Yanker, Robert P Sinclair Jr, Robert W Kamerschen, Ryan K Woodley and Steven A Michaels. View Institutional Ownership Trends for Aaron's.
Which major investors are selling Aaron's stock?
AAN stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Wedge Capital Management L L P NC, FMR LLC, New York State Common Retirement Fund, Bessemer Group Inc., Hennessy Advisors Inc., Stifel Financial Corp and Barclays PLC. Company insiders that have sold Aaron's company stock in the last year include Curtis Linn Doman, John W Robinson, Ray M Robinson, Robert P Sinclair Jr, Robert W Kamerschen, Ryan K Woodley and Steven A Michaels. View Insider Buying and Selling for Aaron's.
Which major investors are buying Aaron's stock?
AAN stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, BlackRock Inc., Amundi Pioneer Asset Management Inc., Raymond James Financial Services Advisors Inc., Diamond Hill Capital Management Inc., Principal Financial Group Inc. and Raymond James & Associates. View Insider Buying and Selling for Aaron's.
How do I buy shares of Aaron's?
Shares of AAN 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, Scottrade, Fidelity and Charles Schwab.
What is Aaron's' stock price today?
One share of AAN stock can currently be purchased for approximately $50.18.
How big of a company is Aaron's?
Aaron's has a market capitalization of $3.37 billion and generates $3.83 billion in revenue each year. The company earns $196.21 million in net income (profit) each year or $3.36 on an earnings per share basis. Aaron's employs 11,800 workers across the globe.
What is Aaron's' official website?
How can I contact Aaron's?
Aaron's' mailing address is 400 GALLERIA PARKWAY SOUTH EAST SUITE 300, ATLANTA GA, 30339. The company can be reached via phone at 678-402-3000 or via email at [email protected]
MarketBeat Community Rating for Aaron's (NYSE AAN)
MarketBeat's community ratings are surveys of what our community members think about Aaron's and other stocks. Vote "Outperform" if you believe AAN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AAN will underperform the S&P 500 over the long term. You may vote once every thirty days.
