Aaron's - AAN Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aaron's in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AAN shares.
View AAN analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued twelve-month price objectives for Aaron's' shares. Their AAN share price forecasts range from $13.00 to $14.00. On average, they predict the company's stock price to reach $13.50 in the next twelve months. This suggests a possible upside of 32.2% from the stock's current price.
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 beginning of the year. Since then, AAN shares have decreased by 58.6% and is now trading at $10.21.
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Aaron's saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 1,560,000 shares, a decline of 15.7% from the August 31st total of 1,850,000 shares. Based on an average daily trading volume, of 371,200 shares, the days-to-cover ratio is currently 4.2 days. Currently, 5.2% of the shares of the company are short sold.
View Aaron's' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our AAN earnings forecast.

Aaron's will be holding an earnings conference call on Tuesday, October 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

The Aaron's Company, Inc. (NYSE:AAN) posted its quarterly earnings results on Monday, July, 25th. The company reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.66 by $0.13. The firm had revenue of $610.38 million for the quarter, compared to analysts' expectations of $604.65 million. Aaron's had a trailing twelve-month return on equity of 13.73% and a net margin of 2.89%. The firm's revenue was up 30.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.05 EPS.

Aaron's declared a quarterly dividend on Wednesday, August 10th. Investors of record on Thursday, September 15th will be given a dividend of $0.112 per share on Tuesday, October 4th. This represents a $0.45 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date of this dividend is Wednesday, September 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 4.35%. AAN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 25.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AAN will have a dividend payout ratio of 23.56% 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 Monday, August, 1st. The company provided earnings per share (EPS) guidance of $1.75-$2.15 for the period, compared to the consensus estimate of $2.68. The company issued revenue guidance of $2.19 billion-$2.27 billion, compared to the consensus revenue estimate of $2.34 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."

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 $10.21.

Aaron's (NYSE:AAN) has a market capitalization of $314.23 million and generates $1.85 billion in revenue each year. The company earns $109.93 million in net income (profit) each year or $1.74 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.