Previous Close | 10.50 |
Open | 10.59 |
Bid | 10.20 x 100 |
Ask | 0.00 x 0 |
Day's Range | 10.25 - 10.59 |
52 Week Range | 7.22 - 13.89 |
Volume | 721,825 |
Avg. Volume | 1,709,704 |
Market Cap | 547.492M |
Beta | 0.67 |
PE Ratio (TTM) | 85.42 |
EPS (TTM) | 0.12 |
Earnings Date | Apr 30, 2018 |
Forward Dividend & Yield | 0.32 (3.09%) |
Ex-Dividend Date | 2017-06-29 |
1y Target Est | 10.79 |
The company, which has been under pressure from its shareholders Engaged Capital and Marcato Capital to sell itself, has previously rejected buyout offers. The company's comparable-store sales have not risen in the past two years, but are now expected to rise 0.9 percent in the first quarter, according to Thomson Reuters I/B/E/S.
Rent-A-Center, Inc. today announced positive same store sales growth in the Core U.S. business for the first quarter of 2018 and increases annual free cash flow guidance for 2018.
The buyout firm is among the final bidders for the rent-to-own retailer. It joins private equity firm Vintage Capital, which The Deal has learned has raised outside funding for its bid.
Shares of Rent-A-Center (RCII) increased following rumors that it is being considered for a buyout by Vintage Capital Management LLC, along with other bidders.
Rent-A-Center Inc (NASDAQ:RCII) shares were soaring on Tuesday as reports suggested that the company may be preparing itself for a buyout.Source: Wikipedia
A sale of the rent-to-own retailer is likely to be announced in a month or two, people familiar with the situation said.
VMware, Rent-A-Center and Honda Motor highlighted as Zacks Bull and Bear of the Day
Lack of progress on a deal to sell the company sent shares tumbling last month.
The settlement is tied to litigation stemming from the redemption of Universal subsidiary Aruze's stake in Wynn.
Find out why two casino stocks gained for different reasons.
Rent-A-Center Inc., under pressure to improve performance and possibly sell itself, intends to cut about 250 jobs as part of a cost-cutting program that targets at least $65 million in annualized savings, ...
Rent-A-Center's (RCII) major shareholder, Engaged Capital, and activist investor, Marcato Capital, compels management to look for strategic alternatives.
Shares of Rent-A-Center Inc. skyrocketed in after-hours trading as the Plano company announced cost savings from extensive layoffs among its corporate staff. Rent-A-Center (RCII) said Wednesday that it will reduce its corporate headcount by 250 positions, or 25 percent. Including general and administrative expenses, the layoffs are expected to produce roughly $28 million in annual run-rate cost savings, with about $20 million saved in 2018.
Rent-A-Center is considering whether to sell itself as part of its efforts to increase shareholder value.
Rent-A-Center Inc is in active talks with multiple parties for a possible buyout, the rent-to-own furniture retailer said on Wednesday, while also announcing 250 layoffs at its Plano, Texas headquarters. Rent-A-Center, which has been under pressure from its largest shareholder Engaged Capital to sell itself, has previously rejected buyout offers. Another activist investor, Marcato Capital, has also pushed the company to sell itself.
Rent-A-Center Inc. said late Wednesday it is laying off about 25% of its corporate workforce in Plano, Texas, to "better align" the company's structure with its operations under a plan to save ...
Rent-A-Center Inc said on Wednesday it will cut about 250 jobs, or about 25 percent of its workforce in Plano, Texas, as part of its plan to reduce costs. The job cuts along with other cost-cutting activities ...
Rent-A-Center, Inc. today announced a significant reduction in headcount and provided a number of business updates pertaining to its recently announced strategic plan and its Board of Directors’ ongoing review of strategic and financial alternatives.
NEW YORK, March 07, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Rent-A-Center Inc (NASDAQ:RCII) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017.
Rent-A-Center Inc. disclosed Wednesday that Chief Operating Officer Joel Mussat resigned, which the household goods leasing company said was a "termination without "cause," effective Feb. ...
Q4 2017 Rent-A-Center Inc Earnings Call
Rent-A-Center (RCII) continued with its dismal performance in the final quarter of 2017 as well, wherein both the top and bottom line fell short of expectations.
NEW YORK, NY / ACCESSWIRE / February 21, 2018 / Rent-A-Center Inc (NASDAQ: RCII ) will be discussing their earnings results in their Q4 Earnings Call to be held on February 21, 2018, at 8:30 AM Eastern ...