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 Ratio17.13
Forward P/E Ratio13.50
Sales & Book Value
Annual Sales$3.38 billion
Price / Sales0.94
Cash Flow$25.2626 per share
Price / Cash1.79
Book Value$24.68 per share
Price / Book1.83
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. Investors of record on Tuesday, June 19th will be given a dividend of $0.03 per share on Friday, July 6th. This represents a $0.12 dividend on an annualized basis and a 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 declared that its board has authorized a share buyback plan 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 plans are typically an indication that the company's board believes its stock is undervalued.
How were Aaron's' earnings last quarter?
Aaron's, Inc. (NYSE:AAN) posted its quarterly earnings data on Thursday, April, 26th. The company reported $0.81 EPS for the quarter, missing analysts' consensus estimates of $0.95 by $0.14. The company had revenue of $954.81 million for the quarter, compared to analyst estimates of $926.74 million. Aaron's had a return on equity of 11.22% and a net margin of 8.34%. The business's quarterly revenue was up 13.1% on a year-over-year basis. During the same period last year, the business earned $0.80 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 FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share (EPS) guidance of $3.20-3.50 for the period, compared to the Thomson Reuters consensus EPS 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 brokerages have issued 1-year price objectives for Aaron's' shares. Their predictions range from $14.00 to $61.00. On average, they anticipate Aaron's' share price to reach $46.50 in the next twelve months. 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?
Media coverage about AAN stock has trended somewhat positive on Monday, according to Accern. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Aaron's earned a coverage optimism score of 0.05 on Accern's scale. They also assigned press coverage about the company an impact score of 44.34 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are Aaron's' major shareholders?
Aaron's' stock is owned by a number of of institutional and retail investors. Top institutional shareholders 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 $45.22.
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.