NYSE:PRG PROG (PRG) Stock Price, News & Analysis → [BUY ALERT] Our #1 A.I. Stock for March (From Behind the Markets) (Ad) Free PRG Stock Alerts $34.44 +0.37 (+1.09%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$34.10▼$34.8550-Day Range$28.63▼$34.4352-Week Range$21.94▼$44.81Volume307,416 shsAverage Volume426,815 shsMarket Capitalization$1.50 billionP/E Ratio11.64Dividend Yield1.39%Price Target$39.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get PROG alerts: Email Address PROG MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside15.0% Upside$39.60 Price TargetShort InterestHealthy3.64% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth16.25%From $2.83 to $3.29 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.58 out of 5 starsFinance Sector377th out of 850 stocksEquipment Rental & Leasing, Not Elsewhere Classified Industry6th out of 12 stocks 2.4 Analyst's Opinion Consensus RatingPROG has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $39.60, PROG has a forecasted upside of 15.0% from its current price of $34.44.Amount of Analyst CoveragePROG has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.64% of the float of PROG has been sold short.Short Interest Ratio / Days to CoverPROG has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in PROG has recently decreased by 12.92%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldPROG pays a meaningful dividend of 1.42%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPROG does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of PROG is 16.22%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, PROG will have a dividend payout ratio of 14.59% next year. This indicates that PROG will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PRG. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 2 people have searched for PRG on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added PROG to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PROG insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.98% of the stock of PROG is held by insiders.Percentage Held by Institutions97.92% of the stock of PROG is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for PROG are expected to grow by 16.25% in the coming year, from $2.83 to $3.29 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PROG is 11.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.63.Price to Earnings Ratio vs. SectorThe P/E ratio of PROG is 11.64, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.81.Price to Book Value per Share RatioPROG has a P/B Ratio of 2.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… About PROG Stock (NYSE:PRG)PROG Holdings, Inc. (NYSE:PRG) is a financial technology holding company based in Salt Lake City, Utah with three business segments: Progressive Leasing, which offers lease-to-own transactions primarily to credit-challenged consumers through e-commerce and point-of-sale retail partners, via online, mobile, and in-store solutions; Vive Financial, which provides consumers who may not qualify for traditional prime lending with a variety of second-look, revolving credit products through private label and branded credit cards; and Four Technologies, which provides consumers of all credit backgrounds Buy Now, Pay Later (BNPL) options through four interest-free installments via its platform, Four.Read More PRG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRG Stock News HeadlinesMarch 16, 2024 | uk.investing.comPROG Holdings Inc (PRG)March 16, 2024 | finance.yahoo.comPRG Apr 2024 22.500 putMarch 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 14, 2024 | msn.comReasons to Hold PROG Holdings (PRG) in Your PortfolioMarch 11, 2024 | seekingalpha.comThe Aaron's Company: Sustainable Yield With Limited DownsideMarch 8, 2024 | msn.comTD Cowen turns positive on lease-to-own industry, initiates on PRG, UPBD, and AANMarch 4, 2024 | finance.yahoo.comPRG Apr 2024 45.000 callMarch 2, 2024 | finance.yahoo.comINFY Jul 2024 14.000 callMarch 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 2, 2024 | finance.yahoo.comINFY Jan 2026 10.000 callMarch 1, 2024 | prnewswire.comPROG Holdings and Infosys Forge Strategic Collaboration to Bring AI-Powered Experiences to Customers and Intelligent Automation to OperationsMarch 1, 2024 | businesswire.comPROG Holdings and Infosys Forge Strategic Collaboration to Bring AI-Powered Experiences to Customers and Intelligent Automation to OperationsFebruary 26, 2024 | seekingalpha.comPROG Holdings: Don't Buy Just YetFebruary 22, 2024 | finance.yahoo.comPROG Holdings, Inc. (NYSE:PRG) Q4 2023 Earnings Call TranscriptFebruary 21, 2024 | morningstar.comNorth American Morning Briefing: Stock Futures -2-February 21, 2024 | sfgate.comPROG Holdings: Q4 Earnings SnapshotFebruary 21, 2024 | markets.businessinsider.comPROG Holdings, Inc. Q4 Profit Decreases, but beats estimatesFebruary 21, 2024 | msn.comPROG Holdings Non-GAAP EPS of $0.72 beats by $0.03, revenue of $577.4M beats by $13.42MFebruary 21, 2024 | finance.yahoo.comPROG Holdings Inc (PRG) Announces Q4 2023 Results and Initiates DividendFebruary 21, 2024 | msn.comPROG Holdings declares $0.12 dividend and $500M buybackFebruary 21, 2024 | seekingalpha.comPROG Holdings, Inc. 2023 Q4 - Results - Earnings Call PresentationFebruary 21, 2024 | finance.yahoo.comPROG Holdings Reports Fourth Quarter 2023 Results; Initiates Quarterly Cash DividendFebruary 21, 2024 | businesswire.comPROG Holdings Reports Fourth Quarter 2023 Results; Initiates Quarterly Cash DividendFebruary 20, 2024 | msn.comPROG Holdings Q4 2023 Earnings PreviewFebruary 17, 2024 | ca.finance.yahoo.comPRG Mar 2024 30.000 putFebruary 16, 2024 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Deere (DE), Lincoln Electric Holdings (LECO) and PROG Holdings (PRG)February 16, 2024 | seekingalpha.comPRG PROG Holdings, Inc.See More Headlines Receive PRG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PROG and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/21/2024Ex-Dividend for 3/28 Dividend3/13/2024Today3/28/2024Dividend Payable3/28/2024Next Earnings (Estimated)4/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Equipment rental & leasing, not elsewhere classified Sub-IndustryN/A Current SymbolNYSE:PRG CUSIPN/A CIK1808834 Webwww.aarons.com Phone385-351-1369Fax404-240-6584Employees1,606Year FoundedN/APrice Target and Rating Average Stock Price Target$39.60 High Stock Price Target$44.00 Low Stock Price Target$37.00 Potential Upside/Downside+15.0%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.96 Trailing P/E Ratio11.63 Forward P/E Ratio12.16 P/E GrowthN/ANet Income$138.84 million Net Margins5.77% Pretax Margin8.15% Return on Equity28.83% Return on Assets11.43% Debt Debt-to-Equity Ratio1.00 Current Ratio3.66 Quick Ratio1.49 Sales & Book Value Annual Sales$2.41 billion Price / Sales0.62 Cash Flow$41.47 per share Price / Cash Flow0.83 Book Value$13.54 per share Price / Book2.54Miscellaneous Outstanding Shares43,690,000Free Float42,824,000Market Cap$1.50 billion OptionableNot Optionable Beta2.07 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Steven A. Michaels (Age 49)CEO, Pres & Director Comp: $1.97MMr. Brian J. GarnerChief Financial OfficerMr. Marvin A. Fentress (Age 60)Gen. Counsel & Corp. Sec. Comp: $953.92kMr. Curtis Linn Doman (Age 48)Chief Innovation Officer & Director Comp: $1.43MMr. Trevor Thatcher (Age 46)Chief Operations Officer Mr. George Matt Sewell (Age 46)Principal Accounting Officer & VP of Financial Reporting Mr. Benjamin Hawksworth (Age 44)Chief Product & Technology Officer Mr. Ryan Ray (Age 46)Chief Admin. Officer John BaughVP of Investor RelationsMark DelcorpsDirector of Corp. CommunicationsMore ExecutivesKey CompetitorsUpbound GroupNASDAQ:UPBDMcGrath RentCorpNASDAQ:MGRCHorace Mann EducatorsNYSE:HMNEnterprise Financial ServicesNASDAQ:EFSCHamilton Insurance GroupNYSE:HGView All CompetitorsInstitutional OwnershipNomura Holdings Inc.Sold 53,207 shares on 3/27/2024Ownership: 0.208%Quadrature Capital LtdBought 11,758 shares on 3/25/2024Ownership: 0.027%Vanguard Group Inc.Bought 105,101 shares on 3/11/2024Ownership: 12.905%Wellington Management Group LLPBought 27,826 shares on 3/5/2024Ownership: 0.458%Goldman Sachs Group Inc.Bought 68,212 shares on 3/1/2024Ownership: 0.799%View All Institutional Transactions PRG Stock Analysis - Frequently Asked Questions Should I buy or sell PROG stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PROG in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PRG shares. View PRG analyst ratings or view top-rated stocks. What is PROG's stock price target for 2024? 5 brokers have issued 12 month target prices for PROG's shares. Their PRG share price targets range from $37.00 to $44.00. On average, they anticipate the company's share price to reach $39.60 in the next twelve months. This suggests a possible upside of 15.0% from the stock's current price. View analysts price targets for PRG or view top-rated stocks among Wall Street analysts. How have PRG shares performed in 2024? PROG's stock was trading at $30.91 at the beginning of 2024. Since then, PRG shares have increased by 11.4% and is now trading at $34.44. View the best growth stocks for 2024 here. When is PROG's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our PRG earnings forecast. How were PROG's earnings last quarter? PROG Holdings, Inc. (NYSE:PRG) released its earnings results on Wednesday, February, 21st. The company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.67 by $0.05. The firm earned $577.40 million during the quarter, compared to the consensus estimate of $568.35 million. PROG had a trailing twelve-month return on equity of 28.83% and a net margin of 5.77%. PROG's revenue was down 5.7% on a year-over-year basis. During the same period last year, the company posted $0.84 EPS. How often does PROG pay dividends? What is the dividend yield for PROG? PROG declared a quarterly dividend on Wednesday, February 21st. Investors of record on Thursday, March 14th will be given a dividend of $0.12 per share on Thursday, March 28th. This represents a $0.48 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date of this dividend is Wednesday, March 13th. Read our dividend analysis for PRG. Is PROG a good dividend stock? PROG (NYSE:PRG) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.42%. The dividend payout ratio is 16.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PRG will have a dividend payout ratio of 14.59% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PRG. What ETFs hold PROG's stock? ETFs with the largest weight of PROG (NYSE:PRG) stock in their portfolio include Conductor Global Equity Value ETF (CGV), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Roundhill Acquirers Deep Value ETF (DEEP), Invesco S&P SmallCap Financials ETF (PSCF), Distillate Small/Mid Cash Flow ETF (DSMC), EA Bridgeway Omni Small-Cap Value ETF (BSVO) and Schwab Fundamental U.S. Small Company Index ETF (FNDA).Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ). What guidance has PROG issued on next quarter's earnings? PROG issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of 0.800-0.850 for the period, compared to the consensus EPS estimate of 0.850. The company issued revenue guidance of $620.0 million-$640.0 million, compared to the consensus revenue estimate of $600.3 million. Who are PROG's major shareholders? PROG's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.61%), Vanguard Group Inc. (12.91%), Dimensional Fund Advisors LP (4.33%), Charles Schwab Investment Management Inc. (2.32%), Vulcan Value Partners LLC (2.28%) and Palisade Capital Management LP (1.41%). Insiders that own company stock include Brian Garner, Curtis Linn Doman, Douglas C Curling, Eugene Vin Iv Thomas and Steven A Michaels. View institutional ownership trends. How do I buy shares of PROG? Shares of PRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:PRG) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill Publishing“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryFed launches fourth dollar overhaulStansberry ResearchBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the Markets Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding PROG Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.