Rent-A-Center Inc. (RCII)
| Market Cap | 1.07B |
| Revenue (ttm) | 4.58B |
| Net Income (ttm) | 46.57M |
| Shares Out | 59.20M |
| EPS (ttm) | 0.73 |
| PE Ratio | 24.77 |
| Forward PE | 3.41 |
| Dividend | $1.36 (7.52%) |
| Ex-Dividend Date | Oct 3, 2022 |
| Volume | 1,851,664 |
| Open | 17.45 |
| Previous Close | 17.51 |
| Day's Range | 16.82 - 18.83 |
| 52-Week Range | 16.82 - 58.79 |
| Beta | 1.62 |
| Analysts | Buy |
| Price Target | 44.37 (+145.4%) |
| Earnings Date | Nov 1, 2022 |
About RCII
Rent-A-Center, Inc., together with its subsidiaries, leases household durable goods to customers on a lease-to-own basis. The company operates in four segments: Rent-A-Center Business, Acima, Mexico, and Franchising. It offers furniture and accessories, appliances, consumer electronics, computers, tablets and smartphones, tools, tires, handbags, and other accessories under rental purchase agreements. The company also provides merchandise on an installment sales basis; and the lease-to-own transaction to consumers who do not qualify for financin... [Read more...]
Financial Performance
In 2021, Rent-A-Center's revenue was $4.58 billion, an increase of 62.87% compared to the previous year's $2.81 billion. Earnings were $134.94 million, a decrease of -35.16%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for RCII stock is "Buy." The 12-month stock price forecast is 44.37, which is an increase of 145.41% from the latest price.
News
Rent-A-Center Sparks Rethink of Rent-to-Own Model
The rent-to-own and lease-to-own retail concepts that seem tailor made for recession-pressed consumers with subprime credit are in fact seeing their models tested by an unforgiving market where shoppers...
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Rent-A-Center, Inc. Announces New EVP – Chief Financial Officer and Updates Third Quarter 2022 Guidance
PLANO, Texas--(BUSINESS WIRE)--Rent-A-Center, Inc. (NASDAQ/NGS: RCII), a leading provider of technology driven, flexible, no debt obligation leasing solutions for consumers, today announced that Mr. Fah...
Rent-A-Center, Inc. Declares Quarterly Cash Dividend of $0.34 for the Fourth Quarter of 2022
PLANO, Texas--(BUSINESS WIRE)--Rent-A-Center, Inc. (NASDAQ/NGS:RCII), a leading provider of technology driven, flexible, no debt obligation leasing solutions for consumers, today announced that its Boar...
Rent-A-Center (RCII) Down 10.7% Since Last Earnings Report: Can It Rebound?
Rent-A-Center (RCII) reported earnings 30 days ago. What's next for the stock?
Rent-A-Center Donates Nearly $140,000 to Boys & Girls Clubs of America
PLANO, Texas--(BUSINESS WIRE)--Employees at Rent-A-Center, Inc (RAC) recently joined forces for their annual fundraiser to support Boys & Girls Clubs of America a national, nonprofit organization that p...
Rent-A-Center Donates $25,000 to Team Eastern Kentucky Flood Relief Fund
PLANO, Texas--(BUSINESS WIRE)--Rent-A-Center, Inc., a leader in the lease-to-own industry, proudly announces a $25,000 donation to the Team Eastern Kentucky Flood Relief Fund. This fund directly assists...
Rent-A-Center opens store in Riverdale, Georgia
RIVERDALE, Ga.--(BUSINESS WIRE)--Rent-A-Center Store Manager Elgin Copeland and his sales team are pleased to offer the residents of Riverdale an option when it comes to acquiring ownership of high-qual...
Rent-A-Center Opens Store in New York, New York
NEW YORK--(BUSINESS WIRE)--Rent-A-Center Store Manager, Monica Inoa, and her sales team are pleased to offer the residents of New York an option when it comes to acquiring ownership of high-quality furn...
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Rent-A-Center's (RCII) Q2 Earnings Beat Mark, 2022 View Cut
Rent-A-Center's (RCII) second-quarter 2022 sales fall year over year due to the soft performance at the segments and lower same-store sales.
Rent-A-Center (RCII) Q2 Earnings and Revenues Top Estimates
Rent-A-Center (RCII) delivered earnings and revenue surprises of 15% and 1.15%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Rent-A-Center, Inc. Reports Second Quarter 2022 Results
PLANO, Texas--(BUSINESS WIRE)--Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ:RCII) today announced results for the quarter ended June 30, 2022. "Second quarter results were at or above ...
Rent-A-Center Announces New Partnership and $100,000 Donation to Hire Heroes USA
PLANO, Texas--(BUSINESS WIRE)--Rent-A-Center, Inc., a leader in the lease-to-own industry, proudly announces a new partnership and $100,000 donation to Hire Heroes USA, an organization dedicated to supp...
Analysts Estimate Rent-A-Center (RCII) to Report a Decline in Earnings: What to Look Out for
Rent-A-Center (RCII) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Rent-A-Center, Inc. Announces Second Quarter 2022 Earnings Call and Webcast
PLANO, Texas--(BUSINESS WIRE)--Rent-A-Center, Inc. (NASDAQ/NGS:RCII) today announced it will host a conference call on Thursday, August 4th, 8:30 a.m. ET to discuss second quarter results scheduled to b...
Rent-A-Center Opens Store in Walla Walla, Washington
WALLA WALLA, Wash.--(BUSINESS WIRE)--Rent-A-Center Store Manager, Randal Whitsitt, and his sales team are pleased to offer the residents of Walla Walla an option when it comes to acquiring ownership of ...
SOCi Chosen by Rent-A-Center to Localize their Digital Marketing Presence in the Omnichannel Shopping Era
Leading omnichannel lease-to-own company uses SOCi to unlock localized and franchise digital marketing SAN DIEGO , July 6, 2022 /PRNewswire/ -- Rent-A-Center , the leading dedicated lease-to-own retail ...
3 High-Yield Stocks Growing Free Cash Flow Fast
Companies that can grow free cash flow by a significant amount are often those that can both maintain and increase their dividends. Investors looking for high yields need to be certain that the company ...
Strength Seen in Rent-A-Center (RCII): Can Its 7.9% Jump Turn into More Strength?
Rent-A-Center (RCII) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the...
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Rent-A-Center, Inc. Declares Quarterly Cash Dividend of $0.34 for the Third Quarter of 2022
PLANO, Texas--(BUSINESS WIRE)--Rent-A-Center, Inc. (NASDAQ/NGS:RCII), a leading provider of technology driven, flexible, no debt obligation leasing solutions for consumers, today announced that its Boar...