26.07 0.00 (0.00%)
After hours: 4:51PM EDT
|Bid||26.05 x 3000|
|Ask||26.06 x 800|
|Day's Range||25.76 - 26.43|
|52 Week Range||11.98 - 28.25|
|Beta (3Y Monthly)||0.49|
|PE Ratio (TTM)||40.23|
|Earnings Date||Aug 7, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||27.17|
Rent-A-Center (RCII) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Rent-A-Center, Inc. today announced it will host a conference call on Thursday, August 8th, 8:30 a.m. ET to discuss second quarter results slated for release following the market’s close on August 7th.
In the latest trading session, Rent-A-Center (RCII) closed at $26.36, marking a -0.42% move from the previous day.
Moody's Investors Service today upgraded Rent-A-Center, Inc.'s ("Rent-A-Center", or the "Company") Corporate Family Rating to Ba3 from B1 and Probability of Default rating to Ba3-PD from B1-PD and assigned a Ba3 rating to its proposed $200 million Senior Secured Term Loan. At the same time, Moody's upgraded Rent-A-Center's Speculative Grade Liquidity Rating to SGL-2 from SGL-3. The ratings are subject to completion of the refinancing and review of final documentation.
Hasbro's (HAS) second-quarter 2019 results are likely to benefit from robust performance by the U.S. and Canada segment as well as Entertainment, Licensing and Digital segment.
Whirlpool (WHR) witnesses gains from robust product pipeline, innovations and cost-productivity efforts. But cost inflation, adverse currency and soft industry demand are likely to hurt second-quarter 2019 results.
V.F. Corp's (VFC) earnings are poised to gain from strength in core brands in first-quarter fiscal 2020. Meanwhile, impacts related to the Kontoor Brands spin-off may be deterrents.
Rent-A-Center, Inc. (RCII) (“Rent-A-Center” or the “Company”) today announced that it has entered into a definitive agreement to acquire substantially all of the assets of C/C Financial Corp. dba Merchants Preferred (“Merchants Preferred”), a nationwide provider of virtual rent-to-own services. The acquisition of Merchants Preferred has been unanimously approved by Rent-A-Center’s Board of Directors and is subject to customary closing conditions. The Company expects the acquisition to close in the third quarter.
Snap-On (SNA) displays a solid bottom-line trend, owing to its robust business model that supports value-creation processes like the RCI program. However, a soft sales trend is concerning.
Rent-A-Center (RCII) closed the most recent trading day at $27.63, moving +0.99% from the previous trading session.
Zacks.com featured highlights include: Arconic, Hasbro, Target, Rent-A-Center and Science Applications
Rent-A-Center (RCII) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Investors target stocks that are on a bullish run. Stocks witnessing price strength have a high chance of carrying the momentum forward.
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.
Rent-A-Center (RCII) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Rent-A-Center (RCII) announces plan to initiate quarterly cash dividend. The first quarterly cash dividend of 25 cents is anticipated to be announced in September and will be due in October.
Zacks.com featured highlights include: Rent-A-Center, Aaron's, Casey's, Magellan Health and NorthWestern
Rent-A-Center Inc. said Thursday its board has approved the initiation of a quarterly cash dividend of 25 cents a share, as soon as the company's refinancing of its revolving credit facility and senior notes is completed, which is expected in the third quarter. The rent-to-own company said it expects to announce the dividend in September and pay it in October. "The company expects to enter into agreements with respect to new credit facilities, which will replace its existing revolving credit facility," it said in a statement. "Proceeds from the refinancing, together with cash on hand, will be used at closing to redeem the company's senior unsecured notes maturing in 2020 and 2021." Shares were not yet active premarket, but have gained 56% in 2019, while the S&P 500 has gained 16.2%.
Rent-A-Center, Inc. (the “Company”) (NASDAQ/NGS:RCII) today announced that its Board of Directors approved initiation of a quarterly cash dividend of $0.25 per share on its common stock subject to completion of the refinancing of the Company’s existing revolving credit facility and outstanding senior notes, which is expected to occur in the third quarter of 2019. The Company expects to enter into agreements with respect to new credit facilities, which will replace its existing revolving credit facility. Proceeds from the refinancing, together with cash on hand, will be used at closing to redeem the Company’s senior unsecured notes maturing in 2020 and 2021.