Aaron's, Inc. operates as an omnichannel provider of lease-purchase solutions. It operates through three segments: Progressive Leasing, Aaron's Business, and DAMI. The company engages in the sale, lease ownership, and specialty retailing of furniture, consumer electronics, home appliances, and accessories. As of February 15, 2018, it operated approximately 1,726 company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform, Aarons.com. Aaron's, Inc. was founded in 1955 and is headquartered in Atlanta, Georgia.
Industry, Sector and Symbol
Industry Equipment rental & leasing, not elsewhere classified
Trailing P/E Ratio17.51
Forward P/E Ratio13.38
Sales & Book Value
Annual Sales$3.38 billion
Price / Sales0.93
Cash Flow$25.0391 per share
Price / Cash1.79
Book Value$24.68 per share
Price / Book1.82
EPS (Most Recent Fiscal Year)$2.56
Net Income$292.53 million
Return on Equity11.22%
Return on Assets7.02%
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 Tuesday, May 15th. Stockholders of record on Tuesday, June 19th will be paid a dividend of $0.03 per share on Friday, July 6th. This represents a $0.12 annualized dividend and a dividend yield of 0.27%. The ex-dividend date is Monday, June 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 repurchase plan on Thursday, February 15th 2018, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its shares are undervalued.
How were Aaron's' earnings last quarter?
Aaron's, Inc. (NYSE:AAN) announced its quarterly earnings results on Thursday, April, 26th. The company reported $0.81 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.95 by $0.14. The business earned $954.81 million during the quarter, compared to analyst estimates of $926.74 million. Aaron's had a net margin of 8.34% and a return on equity of 11.22%. Aaron's's quarterly revenue was up 13.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.80 EPS. 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 FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share guidance of $3.20-3.50 for the period, compared to the Thomson Reuters consensus estimate of $3.43. The company issued revenue guidance of $3.68-3.89 billion, compared to the consensus revenue estimate of $3.75 billion.
What price target have analysts set for AAN?
12 Wall Street analysts have issued 12-month price objectives for Aaron's' shares. Their predictions range from $14.00 to $61.00. On average, they expect Aaron's' share price to reach $46.50 in the next year. View Analyst Ratings for Aaron's.
Who are some of Aaron's' key competitors?
Some companies that are related to Aaron's include AerCap (AER), Air Lease (AL), Triton International (TRTN), Aircastle (AYR), McGrath RentCorp (MGRC), Textainer Group (TGH), Exterran (EXTN), Rent-A-Center (RCII), CAI International (CAI), General Finance Co. Common Stock (GFN), Black Diamond Group (BDIMF), Mitcham Industries (MIND), Quest Resource (QRHC), FlexShopper (FPAY) and Aly Energy Services (ALYE).
Who are Aaron's' key executives?
Aaron's' management team includes the folowing people:
- Mr. John W. Robinson III, Pres, CEO & Director (Age 46)
- Mr. Steven A. Michaels, CFO & Pres of Strategic Operations (Age 46)
- Mr. Douglas A. Lindsay, Pres of Sales & Lease Ownership (Age 47)
- Mr. Curtis Linn Doman, Chief Product Officer of Progressive & Director (Age 45)
- Mr. Ryan K. Woodley, Chief Exec. Officer of Progressive Leasing (Age 41)
Has Aaron's been receiving favorable news coverage?
Press coverage about AAN stock has trended somewhat positive on Monday, according to Accern. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Aaron's earned a news sentiment score of 0.10 on Accern's scale. They also assigned media stories about the company an impact score of 46.34 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are Aaron's' major shareholders?
Aaron's' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.90%), Dimensional Fund Advisors LP (8.42%), Diamond Hill Capital Management Inc. (2.71%), LSV Asset Management (2.56%), Northern Trust Corp (2.15%) and Wedge Capital Management L L P NC (1.97%). Company insiders that own Aaron's stock include Curtis Linn Doman, John W Robinson, Moonrider Ou, 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 BlackRock Inc., Diamond Hill Capital Management Inc., JPMorgan Chase & Co., Russell Investments Group Ltd., Hancock Holding Co., Gamco Investors INC. ET AL, LSV Asset Management and Barclays PLC. Company insiders that have sold Aaron's company stock in the last year include Curtis Linn Doman, John W Robinson, Robert H Yanker, 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 purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Nuveen Asset Management LLC, Landscape Capital Management L.L.C., WINTON GROUP Ltd, First Pacific Advisors LLC, Stephens Investment Management Group LLC, PNC Financial Services Group Inc. and Millennium Management LLC. Company insiders that have bought Aaron's stock in the last two years include Moonrider Ou and Robert H Yanker. 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 $44.82.
How big of a company is Aaron's?
Aaron's has a market capitalization of $3.09 billion and generates $3.38 billion in revenue each year. The company earns $292.53 million in net income (profit) each year or $2.56 on an earnings per share basis. Aaron's employs 11,900 workers across the globe.
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 (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.