|Bid||52.35 x 800|
|Ask||54.75 x 1200|
|Day's Range||50.89 - 52.88|
|52 Week Range||13.01 - 78.65|
|Beta (5Y Monthly)||1.62|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 02, 2020 - Nov 06, 2020|
|Forward Dividend & Yield||0.16 (0.29%)|
|Ex-Dividend Date||Jun 17, 2020|
|1y Target Est||65.11|
Aaron's, Inc. (the "Company") (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, today announced that it intends to separate into two independent, publicly-traded companies: Progressive Leasing ("Progressive") and the Aaron's Business ("Aaron's"). Both companies are expected to benefit from improved strategic focus, market-leading positions, strong free cash flow generation and well-capitalized balance sheets, enabling each to unlock substantial value creation opportunities. The separation is planned as a tax-free spin-off of Aaron's to the Company's shareholders and is expected to be completed by the end of the year.
Aaron's, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, today announced financial results for the three months ended June 30, 2020.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]
Aaron's, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, will host a conference call and webcast on Wednesday, July 29, 2020, at 8:30 a.m. Eastern Time to discuss its second quarter 2020 financial results scheduled for release before the market opens on that day. President and Chief Executive Officer, John W. Robinson III, and Chief Financial Officer and President, Strategic Operations, Steven A. Michaels, will host the call.
|Maintains||Jefferies: to Buy||7/30/2020|
|Maintains||SunTrust Robinson Humphrey: to Buy||7/30/2020|
|Maintains||Raymond James: to Strong Buy||7/30/2020|
|Maintains||KeyBanc: to Overweight||7/30/2020|
|Maintains||Stifel: to Buy||6/10/2020|
|Maintains||SunTrust Robinson Humphrey: to Buy||6/4/2020|
Industry: Rental & Leasing Services
Full Time Employees: 12,100
Aaron's, Inc. operates as an omnichannel provider of lease-purchase solutions to underserved and credit-challenged customers. It operates in three segments: Progressive Leasing, Aaron's Business, and Vive. The company offers its lease-purchase solutions to customers for various products in the furniture and appliance, jewelry, mobile phones and accessories, mattress, and automobile electronics and accessories industries. It also engages in the sale, lease ownership, and specialty retailing of furniture, consumer electronics, home appliances, and accessories. In addition, the company manufactures and sells bedding, including mattresses and box springs; and upholstered living-room furniture, such as contemporary sofas, chairs, modular sofa, and ottoman collections. Further, it provides revolving loans through third-party federally insured banks to customers that may not qualify for traditional prime lending. As of December 31, 2019, the company operated through 1,502 Aaron's stores, including 1,167 company-operated stores; and 335 franchised stores in the United States, Canada, and Puerto Rico, as well as its e-commerce platform, aarons.com. Aaron's, Inc. was founded in 1955 and is headquartered in Atlanta, Georgia.