Rent-A-Center Inc. (RCII)

NASDAQ: RCII · IEX Real-Time Price · USD
18.08
+0.57 (3.26%)
Oct 3, 2022 4:00 PM EDT - Market closed
3.26%
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...]

Industry Specialty Retail
IPO Date Jan 25, 1995
CEO Mitchell Fadel
Employees 14,290
Stock Exchange NASDAQ
Ticker Symbol RCII
Full Company Profile

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 Statements

Analyst 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.

Price Target
$44.37
(145.41% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

3 days ago - PYMNTS

Nike's Down, but These 2 Nasdaq Stocks Fell Even Further Friday

Poor earnings and a business setback were costly for these companies.

Other symbols: ICPT
3 days ago - The Motley Fool

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...

4 days ago - Business Wire

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...

1 week ago - Business Wire

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?

1 month ago - Zacks Investment Research

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...

1 month ago - Business Wire

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...

1 month ago - Business Wire

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...

1 month ago - Business Wire

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...

1 month ago - Business Wire

7 Small-Cap Stocks to Buy Before the Bull Market Returns

Small-cap stocks with lower market capitalizations ranging from $300 million to $2 billion have taken quite a hit since January. These stocks typically belong to smaller companies with massive long-term...

1 month ago - InvestorPlace

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.

1 month ago - Zacks Investment Research

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?

2 months ago - Zacks Investment Research

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 ...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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.

2 months ago - Zacks Investment Research

Down More Than 50%, Are These 2 Overlooked Dividend Stocks Buys?

Lease-to-own may not be the most glamorous business model, but there are some exciting opportunities in the space.

Other symbols: AAN
2 months ago - The Motley Fool

Down 70% in 2022, Is This High-Yield Stock a Buy?

Don't overlook this lease-to-own company with a dividend yield approaching 7%.

2 months ago - The Motley Fool

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...

2 months ago - Business Wire

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 ...

2 months ago - Business Wire

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 ...

2 months ago - PRNewsWire

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 ...

Other symbols: MCYWHR
2 months ago - GuruFocus

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...

3 months ago - Zacks Investment Research

The 7 Best High-Yield Stocks to Buy Now

Buy-and-hold investors are looking for the best high-yield stocks to navigate the choppiness on Wall Street The post The 7 Best High-Yield Stocks to Buy Now appeared first on InvestorPlace. More From In...

Other symbols: AAPAEOCAKECWHIGTVFC
3 months ago - InvestorPlace

7 Small-Cap Stocks to Buy for Big Results

Small-cap stocks should outperform with supply chain changes. Here are some stocks to buy with good fundamentals.

Other symbols: CCSENSGFIXIDCCLPIPTEN
3 months ago - InvestorPlace

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...

3 months ago - Business Wire