NYSE:PRG

PROG Stock Forecast, Price & News

$44.25
+0.57 (+1.30 %)
(As of 04/16/2021 12:00 AM ET)
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Today's Range
$43.37
Now: $44.25
$44.45
50-Day Range
$43.17
MA: $46.13
$51.09
52-Week Range
$22.11
Now: $44.25
$67.20
Volume309,090 shs
Average Volume617,996 shs
Market Capitalization$3.00 billion
P/E RatioN/A
Dividend Yield0.41%
Beta1.95
PROG Holdings, Inc. operates as an omnichannel provider of lease-purchase solutions to underserved and credit-challenged customers. It operates in two segments, Progressive Leasing and Vive. The Progressive Leasing segment offers lease-purchase solutions to customers for various merchandize in the furniture, appliances, electronics, jewelry, mobile phones and accessories, mattresses, and automobile electronics and accessories markets through point-of-sale and e-commerce retail partners, as well in-store, mobile, and online solutions. The Vive segment provides second-look and revolving credit products to customers that may not qualify for traditional prime lending through private label and Vive-branded credit cards. It offers lease-purchase solutions through approximately 25,000 third-party point-of-sale partner locations and e-commerce websites in 45 states and the District of Columbia. The company was formerly known as Aaron's Holdings Company, Inc. and changed its name to PROG Holdings, Inc. in December 2020. PROG Holdings, Inc. was founded in 1955 and is based in Draper, Utah.
PROG logo

Industry, Sector and Symbol

Industry Equipment rental & leasing, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CUSIPN/A
CIKN/A
Phone385-351-1369
Employees1,868
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.95 billion
Cash Flow$27.83 per share
Book Value$26.04 per share

Profitability

Net Income$31.47 million

Miscellaneous

Market Cap$3.00 billion
Next Earnings Date4/29/2021 (Confirmed)
OptionableNot Optionable

Headlines

PROG (NYSE:PRG) Sees Unusually-High Trading Volume
April 14, 2021 |  americanbankingnews.com
PROG (NYSE:PRG) PT Lowered to $58.00 at Truist Securities
April 12, 2021 |  americanbankingnews.com
Truist Cuts PROG (NYSE:PRG) Price Target to $58.00
April 12, 2021 |  americanbankingnews.com
PROG Holdings Increases Investment in Ecommerce
March 31, 2021 |  finance.yahoo.com
PROG Holdings: 4Q Earnings Snapshot
February 25, 2021 |  finance.yahoo.com
PROG Holdings Reports Fourth Quarter 2020 Results
February 25, 2021 |  markets.businessinsider.com
PROG Holdings, Inc. (PRG)
January 30, 2021 |  realmoney.thestreet.com
PROG Holdings, Inc. Common Stock (PRG)
January 27, 2021 |  nasdaq.com
PRG - PROG Holdings Inc Profile | Reuters
January 11, 2021 |  reuters.com
See More Headlines

MarketRank

Overall MarketRank

2.35 out of 5 stars

Finance Sector

49th out of 1,955 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

3rd out of 20 stocks

Analyst Opinion: 3.4Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
$44.25
+0.57 (+1.30 %)
(As of 04/16/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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PROG (NYSE:PRG) Frequently Asked Questions

Is PROG a buy right now?

7 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 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PROG stock.
View analyst ratings for PROG
or view top-rated stocks.

What stocks does MarketBeat like better than PROG?

Wall Street analysts have given PROG a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but PROG wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is PROG's next earnings date?

PROG is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for PROG
.

How can I listen to PROG's earnings call?

PROG will be holding an earnings conference call on Thursday, April 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were PROG's earnings last quarter?

PROG Holdings, Inc. (NYSE:PRG) announced its quarterly earnings results on Thursday, February, 25th. The company reported $0.95 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.91 by $0.04. The firm had revenue of $605.60 million for the quarter, compared to analysts' expectations of $610.64 million. PROG had a positive trailing twelve-month return on equity of 21.39% and a negative net margin of 5.00%. PROG's quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.15 EPS.
View PROG's earnings history
.

Is PROG a good dividend stock?

PROG pays an annual dividend of $0.18 per share and currently has a dividend yield of 0.41%. The dividend payout ratio of PROG is 4.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PROG will have a dividend payout ratio of 5.14% next year. This indicates that PROG will be able to sustain or increase its dividend.
View PROG's dividend history.

What guidance has PROG issued on next quarter's earnings?

PROG updated its first quarter 2021 IntraDay earnings guidance on Thursday, February, 25th. The company provided earnings per share (EPS) guidance of 0.89-0.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.77. The company issued revenue guidance of $650-670 million, compared to the consensus revenue estimate of $647.49 million.

What price target have analysts set for PRG?

7 analysts have issued twelve-month target prices for PROG's shares. Their forecasts range from $52.00 to $65.00. On average, they expect PROG's share price to reach $59.20 in the next year. This suggests a possible upside of 33.8% from the stock's current price.
View analysts' price targets for PROG
or view top-rated stocks among Wall Street analysts.

Who are PROG's key executives?

PROG's management team includes the following people:
  • Mr. Steven A. Michaels, CEO & CEO of Progressive Leasing Bus. Segment (Age 49, Pay $1.26M)
  • Mr. Stephen W. Olsen, Pres (Age 49)
  • Mr. Robert Charles Loudermilk Sr., Founder & Chairman Emeritus (Age 94)
  • Mr. C. Kelly Wall, CFO & Treasurer (Age 47)
  • Trevor Thatcher, Sr. VP of Operations
  • Mr. George M. Sewell, Principal Accounting Officer & Director of Financial Reporting (Age 46)
  • Cory Voglesonger, VP of Technology Strategy & Innovation
  • Mr. John T. Trainor, Chief Information Officer & Sr. VP of Omni-Channel (Age 49)
  • Mr. Michael P. Dickerson, VP of Corp. Communications & Investor Relations
  • Mr. David A. Korn, VP & Chief Compliance Officer (Age 55)

Who are some of PROG's key competitors?

What is PROG's stock symbol?

PROG trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRG."

Who are PROG's major shareholders?

PROG's stock is owned by a number of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (2.65%), Retirement Systems of Alabama (0.31%), Louisiana State Employees Retirement System (0.03%), HGK Asset Management Inc. (0.02%), State of Alaska Department of Revenue (0.02%) and Pacer Advisors Inc. (0.01%).
View institutional ownership trends for PROG
.

Which institutional investors are selling PROG stock?

PRG stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, HGK Asset Management Inc., State of Alaska Department of Revenue, and Pacer Advisors Inc..
View insider buying and selling activity for PROG
or view top insider-selling stocks.

Which institutional investors are buying PROG stock?

PRG stock was acquired by a variety of institutional investors in the last quarter, including First Citizens Bank & Trust Co., Louisiana State Employees Retirement System, and Retirement Systems of Alabama.
View insider buying and selling activity for PROG
or or view top insider-buying stocks.

How do I buy shares of PROG?

Shares of PRG 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 $44.25.

How much money does PROG make?

PROG has a market capitalization of $3.00 billion and generates $3.95 billion in revenue each year. The company earns $31.47 million in net income (profit) each year or $3.89 on an earnings per share basis.

How many employees does PROG have?

PROG employs 1,868 workers across the globe.

What is PROG's official website?

The official website for PROG is www.aarons.com.

Where are PROG's headquarters?

PROG is headquartered at 400 GALLERIA PARKWAY SE SUITE 300, ATLANTA GA, 30339.

How can I contact PROG?

PROG's mailing address is 400 GALLERIA PARKWAY SE SUITE 300, ATLANTA GA, 30339. The company can be reached via phone at 385-351-1369 or via email at [email protected]


This page was last updated on 4/17/2021 by MarketBeat.com Staff
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