|Bid||8.19 x 100|
|Ask||11.31 x 100|
|Day's Range||10.99 - 11.23|
|52 Week Range||7.76 - 13.73|
|PE Ratio (TTM)||-4.34|
|Earnings Date||Jul 25, 2017 - Jul 31, 2017|
|Dividend & Yield||0.32 (2.85%)|
|1y Target Est||12.00|
Rent-A-Center, Inc. , the nation’s largest rent-to-own operator, today issued the following statement in response to a report by
Rent-A-Center said on Monday that activist investor Engaged Capital LLC, which has been pushing the furniture retailer to sell itself, rejected two board seats offered by the company. Engaged Capital has no interest in negotiating with the company's board to reach an "amiable" resolution, Rent-A-Center said in a filing. The activist investor, which owns a 16.9 percent stake in Rent-A-Center, has waged a proxy fight to gain control of the company's board by nominating five members in February.
Engaged Capital, LLC , an investment firm specializing in enhancing the value of small and mid-cap North American equities with a 20.5% economic exposure to Rent-A-Center, Inc.