S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Lacking counselors, US schools turn to the booming business of online therapy
New CBOE “special perk” helps traders target income every weekend (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Lacking counselors, US schools turn to the booming business of online therapy
New CBOE “special perk” helps traders target income every weekend (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Lacking counselors, US schools turn to the booming business of online therapy
New CBOE “special perk” helps traders target income every weekend (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Lacking counselors, US schools turn to the booming business of online therapy
New CBOE “special perk” helps traders target income every weekend (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war

PROG Stock Price, News & Analysis (NYSE:PRG)

$28.34
+1.08 (+3.96%)
(As of 12/1/2023 ET)
Compare
Today's Range
$26.69
$28.37
50-Day Range
$26.70
$33.22
52-Week Range
$16.47
$44.81
Volume
528,951 shs
Average Volume
370,744 shs
Market Capitalization
$1.27 billion
P/E Ratio
8.64
Dividend Yield
N/A
Price Target
$40.25

PROG MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
42.0% Upside
$40.25 Price Target
Short Interest
Healthy
3.38% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-8.29%
From $3.62 to $3.32 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.43 out of 5 stars

Finance Sector

258th out of 827 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

8th out of 12 stocks


PRG stock logo

About PROG Stock (NYSE:PRG)

PROG 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.

PRG Stock Price History

PRG Stock News Headlines

PROG Holdings Inc Ordinary Shares PRG
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
KeyBanc Reaffirms Their Buy Rating on PROG Holdings (PRG)
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
PROG Holdings Adds 10% As Earnings Beat, Ups Outlook
PROG Holdings Inc (AZD.BE)
PROG Holdings (PRG) Benefited from Economic Optimism
Here’s Why PROG Holdings (PRG) Outperformed in Q2
Loop Capital Markets Keeps Their Hold Rating on PROG Holdings (PRG)
See More Headlines
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Company Calendar

Last Earnings
10/25/2023
Today
12/03/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/28/2024

Industry, Sector and Symbol

Industry
Equipment rental & leasing, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Employees
1,692
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$40.25
High Stock Price Target
$44.00
Low Stock Price Target
$37.00
Potential Upside/Downside
+42.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$98.71 million
Pretax Margin
9.06%

Debt

Sales & Book Value

Annual Sales
$2.60 billion
Cash Flow
$40.49 per share
Book Value
$13.37 per share

Miscellaneous

Free Float
43,837,000
Market Cap
$1.27 billion
Optionable
Not Optionable
Beta
2.05
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Key Executives

  • Mr. Steven A. MichaelsMr. Steven A. Michaels (Age 49)
    CEO, Pres & Director
    Comp: $1.97M
  • Mr. Brian J. GarnerMr. Brian J. Garner
    Chief Financial Officer
  • Mr. Marvin A. Fentress (Age 60)
    Gen. Counsel & Corp. Sec.
    Comp: $953.92k
  • Mr. Curtis Linn Doman (Age 48)
    Chief Innovation Officer & Director
    Comp: $1.43M
  • Mr. 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 Baugh
    VP of Investor Relations
  • Mark Delcorps
    Director of Corp. Communications














PRG Stock Analysis - Frequently Asked Questions

Should I buy or sell PROG stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PROG in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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 target for 2024?

4 Wall Street analysts have issued 12-month price objectives for PROG's shares. Their PRG share price targets range from $37.00 to $44.00. On average, they expect the company's share price to reach $40.25 in the next year. This suggests a possible upside of 42.0% 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 on January 1st, 2023. Since then, PRG stock has increased by 67.8% and is now trading at $28.34.
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, February 28th 2024.
View our PRG earnings forecast
.

How were PROG's earnings last quarter?

PROG Holdings, Inc. (NYSE:PRG) announced its quarterly earnings results on Wednesday, October, 25th. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.28. The business earned $582.90 million during the quarter, compared to analysts' expectations of $570.10 million. PROG had a net margin of 6.40% and a trailing twelve-month return on equity of 30.59%. The company's quarterly revenue was down 6.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.68 earnings per share.

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

PROG updated its FY23 earnings guidance on Wednesday, October, 25th. The company provided EPS guidance of $3.55-3.65 for the period, compared to the consensus earnings per share estimate of $3.21. The company issued revenue guidance of $2.38-2.40 billion, compared to the consensus revenue estimate of $2.38 billion.

Who are PROG's major shareholders?

PROG's stock is owned by a number of retail and institutional investors. Top institutional shareholders include FMR LLC (4.94%), Charles Schwab Investment Management Inc. (2.51%), Bank of New York Mellon Corp (2.13%), Jacobs Levy Equity Management Inc. (1.92%), Ameriprise Financial Inc. (1.57%) and JPMorgan Chase & Co. (1.51%). Insiders that own company stock include Brian Garner, Curtis Linn Doman, Douglas C Curling, Eugene Vin Iv Thomas, George M Sewell and Steven A Michaels.
View institutional ownership trends
.

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.

This page (NYSE:PRG) was last updated on 12/3/2023 by MarketBeat.com Staff

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