NYSE:PRG PROG (PRG) Stock Forecast, Price & News $32.16 -1.05 (-3.16%) (As of 10/2/2023 ET) Add Compare Share Share Today's Range$31.85▼$33.2550-Day Range$30.89▼$41.6752-Week Range$12.11▼$44.81Volume376,620 shsAverage Volume448,043 shsMarket Capitalization$1.50 billionP/E Ratio11.32Dividend YieldN/APrice Target$43.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media PROG MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside33.7% Upside$43.00 Price TargetShort InterestBearish3.70% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.37Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth6.23%From $3.21 to $3.41 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.64 out of 5 starsFinance Sector294th out of 853 stocksEquipment Rental & Leasing, Not Elsewhere Classified Industry5th out of 13 stocks 3.3 Analyst's Opinion Consensus RatingPROG has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $43.00, PROG has a forecasted upside of 33.7% from its current price of $32.16.Amount of Analyst CoveragePROG has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.70% of the float of PROG has been sold short.Short Interest Ratio / Days to CoverPROG has a short interest ratio ("days to cover") of 4.5.Change versus previous monthShort interest in PROG has recently increased by 1.83%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldPROG does not currently pay a dividend.Dividend GrowthPROG does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PRG. Previous Next 4.1 News and Social Media Coverage News SentimentPROG has a news sentiment score of 1.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for PROG this week, compared to 2 articles on an average week.Search Interest8 people have searched for PRG on MarketBeat in the last 30 days. This is an increase of 167% compared to the previous 30 days.MarketBeat Follows7 people have added PROG to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PROG insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.98% of the stock of PROG is held by insiders.Percentage Held by Institutions95.24% of the stock of PROG is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for PROG are expected to grow by 6.23% in the coming year, from $3.21 to $3.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PROG is 11.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.82.Price to Earnings Ratio vs. SectorThe P/E ratio of PROG is 11.32, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 66.02.Price to Earnings Growth RatioPROG has a PEG Ratio of 0.92. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioPROG has a P/B Ratio of 2.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About PROG (NYSE:PRG) StockPROG Holdings, Inc. (NYSE:PRG) is a financial technology holding company based in Salt Lake City, Utah with three business segments: Progressive Leasing, which offers lease-to-own transactions primarily to credit-challenged consumers through e-commerce and point-of-sale retail partners, via online, mobile, and in-store solutions; Vive Financial, which provides consumers who may not qualify for traditional prime lending with a variety of second-look, revolving credit products through private label and branded credit cards; and Four Technologies, which provides consumers of all credit backgrounds Buy Now, Pay Later (BNPL) options through four interest-free installments via its platform, Four.Read More PRG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRG Stock News HeadlinesSeptember 30, 2023 | finance.yahoo.comPROG Holdings Inc (AZD.BE)September 21, 2023 | finance.yahoo.comPROG Holdings (PRG) Benefited from Economic OptimismOctober 3, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.September 11, 2023 | msn.comLoop Capital Maintains PROG Holdings (PRG) Hold RecommendationSeptember 11, 2023 | msn.comPROG Holdings: Strong Growth Is Shown And A Buy VisibleAugust 23, 2023 | finance.yahoo.comAre Finance Stocks Lagging Prog Holdings (PRG) This Year?August 23, 2023 | finance.yahoo.comHere’s Why PROG Holdings (PRG) Outperformed in Q2August 15, 2023 | finance.yahoo.comWhy Fast-paced Mover PROG Holdings (PRG) Is a Great Choice for Value InvestorsOctober 3, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.August 15, 2023 | finance.yahoo.comHere's Why PROG Holdings (PRG) Is a Great 'Buy the Bottom' Stock NowAugust 11, 2023 | msn.comWall Street Analysts Predict a 27.65% Upside in PROG Holdings (PRG): Here's What You Should KnowAugust 11, 2023 | finance.yahoo.comWall Street Analysts Predict a 27.65% Upside in PROG Holdings (PRG): Here's What You Should KnowAugust 2, 2023 | finance.yahoo.comPROG Holdings' (NYSE:PRG) one-year earnings growth trails the stellar shareholder returnsAugust 1, 2023 | finance.yahoo.comShould You Exit PROG Holdings (PRG) Considering its Sensitive Nature?July 28, 2023 | markets.businessinsider.comLoop Capital Markets Keeps Their Hold Rating on PROG Holdings (PRG)July 28, 2023 | finance.yahoo.comPROG Holdings, Inc. (NYSE:PRG) Q2 2023 Earnings Call TranscriptJuly 27, 2023 | markets.businessinsider.comBank of America Securities Sticks to Its Buy Rating for PROG Holdings (PRG)July 27, 2023 | markets.businessinsider.comPROG Holdings Jumps On Upbeat Earnings, Raised OutlookJuly 27, 2023 | finance.yahoo.comPROG Holdings Exceeds Second Quarter 2023 Expectations, Raises Full-Year Financial OutlookJuly 5, 2023 | finance.yahoo.comPROG Holdings to Release Second Quarter 2023 Financial Results on July 26, 2023June 14, 2023 | seekingalpha.comPROG Holdings: I Wouldn't Be Surprised To See Profit TakingJune 5, 2023 | msn.comPROG Holdings stock dips as YTD rally prompts downgrade at LoopMay 23, 2023 | finance.yahoo.comPROG Holdings Announces Build, an Innovative Credit Building Financial Management ToolMay 11, 2023 | finance.yahoo.comPROG Holdings, Inc. Appoints Todd King as Chief Legal and Compliance OfficerApril 28, 2023 | finance.yahoo.comDespite Fast-paced Momentum, PROG Holdings (PRG) Is Still a Bargain StockApril 26, 2023 | finance.yahoo.comPROG Holdings Exceeds First Quarter 2023 Expectations, Raises Full-Year Earnings OutlookApril 26, 2023 | seekingalpha.comPROG Holdings, Inc. 2023 Q1 - Results - Earnings Call PresentationSee More Headlines Receive PRG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PROG and its competitors with MarketBeat's FREE daily newsletter. Email Address PRG Company Calendar Last Earnings7/26/2023Today10/02/2023Next Earnings (Estimated)10/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Equipment rental & leasing, not elsewhere classified Sub-IndustryN/A SectorFinance Current SymbolNYSE:PRG CUSIPN/A CIK1808834 Webwww.aarons.com Phone385-351-1369Fax404-240-6584Employees1,692Year FoundedN/APrice Target and Rating Average Stock Price Forecast$43.00 High Stock Price Forecast$48.00 Low Stock Price Forecast$38.00 Forecasted Upside/Downside+33.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.84 Trailing P/E Ratio11.32 Forward P/E Ratio10.02 P/E Growth0.92Net Income$98.71 million Net Margins5.52% Pretax Margin8.07% Return on Equity29.79% Return on Assets11.54% Debt Debt-to-Equity Ratio1.00 Current Ratio3.75 Quick Ratio1.78 Sales & Book Value Annual Sales$2.60 billion Price / Sales0.58 Cash Flow$39.22 per share Price / Cash Flow0.82 Book Value$11.88 per share Price / Book2.71Miscellaneous Outstanding Shares46,740,000Free Float45,818,000Market Cap$1.50 billion OptionableNot Optionable Beta2.09 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Steven A. Michaels (Age 49)CEO, Pres & Director Comp: $1.97MMr. Brian J. GarnerChief Financial OfficerMr. Marvin A. Fentress (Age 60)Gen. Counsel & Corp. Sec. Comp: $953.92kMr. Curtis Linn Doman (Age 48)Chief Innovation Officer & Director Comp: $1.43MMr. Trevor Thatcher (Age 46)Chief Operations Officer Mr. George Matt Sewell (Age 46)Principal Accounting Officer & VP of Financial Reporting Mr. Benjamin Hawksworth (Age 44)Chief Product & Technology Officer Mr. Ryan Ray (Age 46)Chief Admin. Officer John BaughVP of Investor RelationsMark DelcorpsDirector of Corp. CommunicationsMore ExecutivesKey CompetitorsUpbound GroupNASDAQ:UPBDMcGrath RentCorpNASDAQ:MGRCApollo Commercial Real Estate FinanceNYSE:ARIGCM GrosvenorNASDAQ:GCMGVirtus Investment PartnersNASDAQ:VRTSView All CompetitorsInsiders & InstitutionsBarclays PLCBought 6,661 shares on 9/21/2023Ownership: 0.073%Virginia Retirement Systems ET ALBought 20,000 shares on 8/22/2023Ownership: 0.043%California State Teachers Retirement SystemSold 5,492 shares on 8/21/2023Ownership: 0.122%Teachers Retirement System of The State of KentuckyBought 885 shares on 8/21/2023Ownership: 0.035%Nuveen Asset Management LLCSold 48,583 shares on 8/16/2023Ownership: 0.427%View All Insider TransactionsView All Institutional Transactions PRG Stock - Frequently Asked Questions Should I buy or sell PROG stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PROG in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PRG shares. View PRG analyst ratings or view top-rated stocks. What is PROG's stock price forecast for 2023? 2 brokerages have issued 12-month target prices for PROG's shares. Their PRG share price forecasts range from $38.00 to $48.00. On average, they anticipate the company's share price to reach $43.00 in the next twelve months. This suggests a possible upside of 33.7% from the stock's current price. View analysts price targets for PRG or view top-rated stocks among Wall Street analysts. How have PRG shares performed in 2023? PROG's stock was trading at $16.89 at the beginning of 2023. Since then, PRG stock has increased by 90.4% and is now trading at $32.16. View the best growth stocks for 2023 here. When is PROG's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023. View our PRG earnings forecast. How were PROG's earnings last quarter? PROG Holdings, Inc. (NYSE:PRG) released its earnings results on Wednesday, July, 26th. The company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.66 by $0.26. The business earned $592.85 million during the quarter, compared to analysts' expectations of $573.09 million. PROG had a trailing twelve-month return on equity of 29.79% and a net margin of 5.52%. What ETFs hold PROG's stock? ETFs with the largest weight of PROG (NYSE:PRG) stock in their portfolio include Conductor Global Equity Value ETF (CGV), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Roundhill Acquirers Deep Value ETF (DEEP), Invesco S&P SmallCap Financials ETF (PSCF), Distillate Small/Mid Cash Flow ETF (DSMC), EA Bridgeway Omni Small-Cap Value ETF (BSVO) and Schwab Fundamental U.S. Small Company Index ETF (FNDA).Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ). What guidance has PROG issued on next quarter's earnings? PROG updated its third quarter 2023 earnings guidance on Wednesday, July, 26th. The company provided EPS guidance of $0.58-$0.67 for the period, compared to the consensus earnings per share estimate of $0.44. The company issued revenue guidance of $560.00 million-$575.00 million, compared to the consensus revenue estimate of $560.03 million. What is PROG's stock symbol? PROG trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRG." How do I buy shares of PROG? Shares of PRG 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. Compare Top Brokerages Here. What is PROG's stock price today? One share of PRG stock can currently be purchased for approximately $32.16. How much money does PROG make? PROG (NYSE:PRG) has a market capitalization of $1.50 billion and generates $2.60 billion in revenue each year. The company earns $98.71 million in net income (profit) each year or $2.84 on an earnings per share basis. How many employees does PROG have? The company employs 1,692 workers across the globe. How can I contact PROG? PROG'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, via email at investorrelations@aarons.com, or via fax at 404-240-6584. This page (NYSE:PRG) was last updated on 10/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding PROG Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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