Aaron's - AAN Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Aaron's in the last twelve months. There are currently 2 sell ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" AAN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AAN, but not buy additional shares or sell existing shares.
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4 brokers have issued 12-month price objectives for Aaron's' stock. Their AAN share price forecasts range from $6.50 to $14.00. On average, they anticipate the company's stock price to reach $11.17 in the next year. This suggests that the stock has a possible downside of 9.9%.
View analysts price targets for AAN or view top-rated stocks among Wall Street analysts.

Aaron's' stock was trading at $24.65 at the start of the year. Since then, AAN stock has decreased by 49.7% and is now trading at $12.40.
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Aaron's saw a increase in short interest in October. As of October 31st, there was short interest totaling 1,660,000 shares, an increase of 25.8% from the October 15th total of 1,320,000 shares. Based on an average daily trading volume, of 441,500 shares, the days-to-cover ratio is currently 3.8 days. Currently, 5.6% of the shares of the stock are sold short.
View Aaron's' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our AAN earnings forecast.

The Aaron's Company, Inc. (NYSE:AAN) announced its quarterly earnings results on Tuesday, October, 25th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.15. The business had revenue of $593.40 million for the quarter, compared to the consensus estimate of $558.54 million. Aaron's had a trailing twelve-month return on equity of 11.32% and a net margin of 0.80%. Aaron's's revenue was up 31.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.83 earnings per share.

Aaron's declared a quarterly dividend on Wednesday, November 9th. Investors of record on Thursday, December 15th will be given a dividend of $0.112 per share on Thursday, January 5th. This represents a $0.45 annualized dividend and a dividend yield of 3.61%. The ex-dividend date is Wednesday, December 14th.
Read our dividend analysis for AAN.

Aaron's (NYSE:AAN) pays an annual dividend of $0.45 per share and currently has a dividend yield of 3.58%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 90.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AAN will have a dividend payout ratio of 28.30% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AAN.

Aaron's updated its FY 2022 earnings guidance on Tuesday, November, 1st. The company provided earnings per share (EPS) guidance of $1.90-$2.05 for the period, compared to the consensus earnings per share estimate of $1.83. The company issued revenue guidance of $2.23 billion-$2.27 billion, compared to the consensus revenue estimate of $2.23 billion.

Based on aggregate information from My MarketBeat watchlists, some companies that other Aaron's investors own include Johnson & Johnson (JNJ), AbbVie (ABBV), NVIDIA (NVDA), Intel (INTC), JPMorgan Chase & Co. (JPM), Alibaba Group (BABA), Bank of America (BAC), Abbott Laboratories (ABT), Salesforce (CRM) and Boeing (BA).

Aaron's trades on the New York Stock Exchange (NYSE) under the ticker symbol "AAN."

Aaron's' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (18.74%), Vanguard Group Inc. (10.45%), Copeland Capital Management LLC (6.36%), Dimensional Fund Advisors LP (4.63%), State Street Corp (4.08%) and Palisade Capital Management LLC NJ (3.14%). Insiders that own company stock include Curtis Linn Doman, Cynthia N Day, Douglas A Lindsay, Hubert L Jr Harris, John W Robinson, Kelly Hefner Barrett, Marvonia P Moore, Ray M Robinson, Robert P Sinclair Jr and Robert W Kamerschen.
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Shares of AAN 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.
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One share of AAN stock can currently be purchased for approximately $12.40.

Aaron's (NYSE:AAN) has a market capitalization of $381.67 million and generates $1.85 billion in revenue each year. The company earns $109.93 million in net income (profit) each year or $0.50 on an earnings per share basis.

The company employs 9,170 workers across the globe.

Aaron's' mailing address is 400 GALLERIA PARKWAY SE SUITE 300, ATLANTA GA, 30339. The official website for the company is www.aarons.com. The company can be reached via phone at (385) 351-1369 or via email at denise.mcelraevy@aarons.com.