RCII - Rent-A-Center, Inc.
26.62 -0.29 (-1.08%)
Before hours: 8:23AM EDT
Chart Events
Double Moving Average Crossover
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 26.60 |
| Open | 26.60 |
| Bid | 0.00 x 1200 |
| Ask | 0.00 x 800 |
| Day's Range | 26.44 - 26.91 |
| 52 Week Range | 11.69 - 31.14 |
| Volume | 429,191 |
| Avg. Volume | 572,775 |
| Market Cap | 1.447B |
| Beta (5Y Monthly) | 1.54 |
| PE Ratio (TTM) | 7.00 |
| EPS (TTM) | 3.84 |
| Earnings Date | Aug 05, 2020 |
| Forward Dividend & Yield | 1.16 (4.31%) |
| Ex-Dividend Date | Jul 09, 2020 |
| 1y Target Est | 29.57 |
Fair Value
Related Research
- Simply Wall St.
Rent-A-Center, Inc. (NASDAQ:RCII) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Rent-A-Center, Inc. (NASDAQ:RCII) stock is about to trade ex-dividend in four days. You will need to purchase shares...
- Zacks
Rent-A-Center Stable on Financial Resilience & E-Commerce
Rent-A-Center (RCII) repays all borrowings under its ABL Credit Facility. It also declares a quarterly cash dividend of 29 cents a share for the third quarter.
- Business Wire
Rent-A-Center, Inc. Announces Second Quarter 2020 Earnings Call and Webcast
Rent-A-Center, Inc. (NASDAQ/NGS:RCII) today announced it will host a conference call on Thursday, August 6th, 8:30 a.m. ET to discuss second quarter results scheduled to be released following the market’s close on August 5th. Residents of the United States and Canada can listen to the call by dialing (800) 399-0012. International participants can access the call by dialing (404) 665-9632. Live webcast of the conference call will also be available on the company’s investor relations website at https://investor.rentacenter.com. A replay will be available beginning August 6th, at 11:30 a.m. ET.
- Business Wire
Rent-A-Center, Inc. Declares Quarterly Cash Dividend of $0.29 for the Third Quarter of 2020 and Announces Full Repayment of ABL Credit Facility
Rent-A-Center, Inc. (the "Company") (NASDAQ/NGS: RCII) today announced that its Board of Directors has approved a quarterly cash dividend of $0.29 per share for the third quarter of 2020. The dividend will be paid on July 28, 2020 to the Company’s common stockholders of record as of the close of business on July 10, 2020.
- Simply Wall St.
Should You Be Adding Rent-A-Center (NASDAQ:RCII) To Your Watchlist Today?
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...
- Business Wire
Rent-A-Center, Inc. Announces Partnership With ChargeAfter, a Leader in Consumer Point of Sale Financing
Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ/NGS: RCII) today announced a partnership with ChargeAfter that will allow retailers to add the "Preferred Lease" lease-to-own option to ChargeAfter’s leading consumer point of sale financing solution, providing greater flexibility for customers whether they want to buy or lease retail items.
- Insider Monkey
Hedge Funds Cashing Out Of Rent-A-Center Inc (RCII)
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […]
- Business Wire
Rent-A-Center, Inc. Announces Attendance at Jefferies Virtual Investor Conference
Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ/NGS: RCII), a leader in the lease-to-own industry, today announced that its management will participate in the Jefferies Virtual Consumer Conference from June 23-24, 2020.
- Zacks
Rent-A-Center Strong on E-Commerce & Preferred Lease Unit
Rent-A-Center's (RCII) e-commerce initiatives and Preferred Lease segment bode well for future growth.
- Zacks
Rent-A-Center (RCII) Up 28.1% Since Last Earnings Report: Can It Continue?
Rent-A-Center (RCII) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Business Wire
Rent-A-Center, Inc. Announces Executive Leadership Changes to Further Position Company for Long-Term Success
Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ/NGS: RCII) today announced executive leadership changes to further position the Company for long-term success.
- GuruFocus.com
Why Aaron's Is a Survival Stock
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- Investor's Business Daily
Stocks To Watch: Rent-A-Center Sees RS Rating Rise To 82
Rent-A-Center saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 79 to 82. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
- Business Wire
Rent-A-Center, Inc. Announces Virtual Investor Conference Attendance for June 2020
Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ/NGS: RCII), a leader in the lease-to-own industry, today announced that its management will participate in the following investor conferences in June 2020.
- Thomson Reuters StreetEvents
Edited Transcript of RCII earnings conference call or presentation 7-May-20 12:30pm GMT
Q1 2020 Rent-A-Center Inc Earnings Call
- InvestorPlace
5 Stocks to Buy With Heavy Insider Buying in May
[Editor's Note: "5 Stocks to Buy With Heavy Insider Buying" is regularly updated to include the most relevant information available.]Over the past several weeks, I have consistently pointed to record-high levels of insider buying as a bullish indicator that it's time for you to start looking for stocks to buy.Why? Two big reasons. Insiders are good at picking bottoms, and they are equally as good at picking winning stocks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOn the first point, just look at this chart from Bloomberg. Insiders are often early in calling stock market bottoms. But they are seldom wrong. Insiders bought big before the markets turned around in the early 2000s, and before markets bottomed in 2009.On the second point, stocks with heavy insider buying tend to outperform. In an email to InvestorPlace, Andrei Simonov, the chairperson of the Department of Finance at Michigan State University, said, "Insider buying is always a positive signal. Numerous academic papers showed that it is indeed a good signal."One of those academic papers, authored by Nejat Seyhun, a University of Michigan finance professor, showed that stocks with significant insider buying tend to outperform by 5%.With that in mind, let's answer a very important question. What stocks which insiders bought big in May should you be buying right now? * 20 Stocks to Buy If You're Still Betting on America to Thrive Consider these five stocks to buy now, all of which had big insider buying in May: * TransDigm (NYSE:TDG) * Harley-Davidson (NYSE:HOG) * CVS (NYSE:CVS) * Virgin Galactic (NASDAQ:SPCE) * Rent-A-Center (NASDAQ:RCII) Stocks to Buy: TransDigm (TDG)Source: Pavel Kapysh / Shutterstock.com [Note: all insider data is sourced from Finviz.com]As a designer, producer, and supplier of aircraft components, TransDigm has been hit hard amid the novel coronavirus pandemic.Flying demand has screeched to a halt. Against the backdrop of zero demand, airlines aren't ordering new commercial aircraft. TransDigm's commercial aircraft business has been slammed. This pain won't stop anytime soon. TransDigm management is calling for commercial aftermarket sales to drop by 70% to 80% for the rest of the year.But this is a near-term hiccup in what is an otherwise strong growth narrative.Over the next few years, coronavirus fears will fade and economic activity will normalize. Consumers will start flying again. Aircraft component demand will rise again. And TransDigm will get back to growing.All of that is to say that today's dirt-cheap valuation on TDG stock -- 3 times sales versus a five-year-average sales multiple of over 5 -- won't stick around.That's why I'd follow the insiders on this one. Board Director and Managing Director at Berkshire Partners, Robert Small, has bought $125 million worth in May. Fellow Board Director and former CFO of Sherwin-Williams (NYSE:SHW) Sean Hennessy bought $700,00 worth of TDG stock in May.In the long run, those big buys will yield big profits. Harley-Davidson (HOG)Source: Alex Erofeenkov / Shutterstock.com U.S. auto sales have fallen off a cliff as consumers under widespread stay-at-home orders have halted their discretionary spending. This plunge in U.S. auto market demand has caused significant pain for Harley-Davidson.Global retail motorcycle sales at Harley-Davidson dropped more than 20% year-over-year in the first quarter of 2020. HOG stock has dropped nearly 50% year-to-date.The CEO of Harley-Davidson thinks this pain is temporary. On May 8, he bought $2.1 million worth of HOG stock.I think he's right.Over the next few months, the U.S. economy will gradually reopen. As it does, consumer behavior will start to normalize, and discretionary spending will rebound. U.S. auto sales demand will slowly recover. Harley-Davidson's growth trends will improve. HOG stock will bounce back. * 7 Earnings Reports to Watch Next Week In other words, it appears the worst is over for Harley-Davidson. Going forward, things should only get better for both the company and the stock. CVS (CVS)Source: Jonathan Weiss / Shutterstock.com As a brick-and-mortar focused retailer, CVS has exposure to stay-at-home headwinds because consumers simply aren't going out and spending as much money at physical locations as they used to.For that reason, CVS stock has shed 16% this year.But the company just reported strong first-quarter numbers which handily topped expectations and included healthy revenue and operating profit growth. Perhaps more importantly, management reiterated its full-year profit guide on the basis that Covid-19 isn't creating huge financial disruption for the company.Does that mean it's time to buy the dip in CVS stock?I think so. So do insiders. Alan Lotvin, the president of CVS Caremark, bought $315,000 worth of CVS stock in mid-May.Over the next few months, economic activity will gradually normalize and CVS' already resilient growth trajectory will only improve. As it does, CVS stock will rebound back to where it was at the beginning of the year, if not higher. Virgin Galactic (SPCE)Source: Tun Pichitanon / Shutterstock.com Once one of the hottest and most hyped-up stocks in the market, commercial spaceflight company Virgin Galactic has seen the air come of out its wheels over the past few months.Specifically, the coronavirus pandemic has presumably (yet again) delayed the launch of Virgin Galactic's first commercial space flight, which was previously supposed to happen in 2020. Because a lot of the hype surrounding the company was based on its ability to finally commence commercial operations in 2020, this delay has weighed significantly on SPCE stock, which has fallen from $43 to $15 in matter of months.Insiders are buying the dip.Since May 11, four insiders -- including the CEO and COO -- have collectively bought $240,000 worth of SPCE stock.In the long run, those buys will yield big rewards.Virgin Galactic is a pioneer in the commercial space market, which is expected to grow from $350 billion today, to $1.1 trillion by 2040. Over that stretch, Virgin Galactic will turn into a really big company, powered by a niche but high-demand commercial spaceflight business and the development of hypersonic air travel technology (which could be used to replace planes at scale). * 9 Stocks to Buy as People Are Still Stuck at Home In other words, as the space economy booms over the next two decades, SPCE stock will roar higher. Against that long-term backdrop, today's coronavirus-related weakness is nothing more than a buying opportunity. Rent-A-Center (RCII)Source: dennizn / Shutterstock.com Last, but not least, on this list of stocks to buy with heavy insider buying is Rent-A-Center.As a rental equipment retailer, Rent-A-Center was initially seen on Wall Street as a big loser amid the coronavirus pandemic because of physical store closures. RCII stock dropped from $31 in late January, to $12 by March.Then, Wall Street started to think that a discount-focused, rental-oriented equipment retailer like Rent-A-Center may actually win during Covid-19, because tight budgets will push consumers away from buying big-ticket items and towards renting them.Rent-A-Center's first quarter numbers confirmed that this is the case. The company reported positive revenue and comparable sales growth in the quarter, and commented that April sales trends have been quite strong, led by out-sized gains in the e-commerce business.Over the next few months, the economy will gradually re-open (providing support for more consumer discretionary spend). But consumers will be cautious with their spend because of the huge job loss the economy has suffered (thereby providing support for more consumer discretionary spend on discount, rental items).As such, Rent-A-Center's growth trends should only get better as we head into the back-half of 2020. As they do, RCII stock will keep rallying.Insiders apparently agree. In May, two Board Directors purchased nearly $800,000 worth of RCII stock.I say follow those insiders, and stick with this rally for the foreseeable future.Luke Lango is a Markets Analyst for InvestorPlace. He has been professionally analyzing stocks for several years, previously working at various hedge funds and currently running his own investment fund in San Diego. A Caltech graduate, Luke has consistently been recognized as one of the best stock pickers in the world by various other analysts and platforms, and has developed a reputation for leveraging his technology background to identify growth stocks that deliver outstanding returns. Luke is also the founder of Fantastic, a social discovery company backed by an LA-based internet venture firm.  As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * America's 1 Stock Picker Reveals Next 1,000% Winner * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post 5 Stocks to Buy With Heavy Insider Buying in May appeared first on InvestorPlace.
- Motley Fool
Rent-A-Center (RCII) Q1 2020 Earnings Call Transcript
RCII earnings call for the period ending March 31, 2020.
- Zacks
Rent-A-Center (RCII) Surpasses Earnings Estimates in Q1
Higher invoice volumes, robust same store sales and contributions from the buyout of Merchants Preferred aided Rent-A-Center's (RCII) first-quarter 2020 performance.
- Zacks
Rent-A-Center (RCII) Tops Q1 Earnings and Revenue Estimates
Rent-A-Center (RCII) delivered earnings and revenue surprises of 13.56% and 0.17%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- Business Wire
Rent-A-Center, Inc. Reports Strong First Quarter 2020 Results
Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ/NGS: RCII) today announced results for the quarter ended March 31, 2020.
- Moody's
Rent-A-Center, Inc. -- Moody's announces completion of a periodic review of ratings of Rent-A-Center, Inc.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Rent-A-Center, Inc. New York, May 04, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Rent-A-Center, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
- Zacks
Likely Coronavirus Impact on Rent-A-Center's (RCII) Q1 Earnings
The pandemic impacted Rent-A-Center's (RCII) performance in March. Nevertheless, its 'Acceptance Now' business model is likely to have driven first-quarter 2020 results.
- Business Wire
Rent-A-Center, Inc. Announces First Quarter 2020 Earnings Call and Webcast
Rent-A-Center, Inc. (NASDAQ/NGS:RCII) today announced it will host a conference call on Thursday, May 7th, 8:30 a.m. ET to discuss first quarter results scheduled to be released following the market’s close on May 6th. Residents of the United States and Canada can listen to the call by dialing (800) 399-0012. International participants can access the call by dialing (404) 665-9632. Live webcast of the conference call will also be available on the company’s investor relations website at https://investor.rentacenter.com. A replay will be available beginning May 7th, at 11:30 a.m. ET.
- GlobeNewswire
Engaged Capital Partners to Donate All Board Fees for Remainder of 2020
Engaged Capital, LLC, an investment firm specializing in enhancing the value of small and mid-cap North American equities, today announced that its partners will forgo all remaining fees to be received from the public companies where they are a member of the Board. Engaged has requested each company pool the capital and provide it directly to employees who are most in need. Engaged’s partners currently hold director positions at The Hain Celestial Group Inc (HAIN), Rent-A-Center, Inc (RCII), SunOpta Inc. (STKL) and TiVo Corporation (TIVO).
- Reuters
Activist hedge fund Engaged to give director fees to corporate employees
Activist investor Engaged Capital will donate roughly $500,000 in fees its executives would have earned for serving on public companies' boards this year to those corporations' employees, the hedge fund's founder Glenn Welling told Reuters. Now Welling, who founded $1 billion Engaged eight years ago, said he wants to give rather than take as companies steel themselves for the deepest recession since the 1930s era Great Depression in the wake of the novel coronavirus outbreak. "Our partners have asked that all remaining 2020 board fees be redirected to support those employees that are most impacted," Welling said.
