NYSE:PRG PROG (PRG) Stock Price, News & Analysis → These AI trades triggered this morning (545% return) (From Prosper Trading Academy) (Ad) Free PRG Stock Alerts $34.92 -0.74 (-2.08%) (As of 04/25/2024 ET) Add Compare Share Share Today's Range$34.30▼$36.6050-Day Range$28.63▼$35.6852-Week Range$26.39▼$44.81Volume393,344 shsAverage Volume395,701 shsMarket Capitalization$1.53 billionP/E Ratio11.80Dividend Yield1.37%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/Downside13.4% Upside$39.60 Price TargetShort InterestHealthy3.48% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.38Based on 24 Articles This WeekInsider 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.3.72 out of 5 starsFinance Sector388th out of 859 stocksEquipment Rental & Leasing, Not Elsewhere Classified Industry5th 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.Amount of Analyst CoveragePROG has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.48% of the float of PROG has been sold short.Short Interest Ratio / Days to CoverPROG has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in PROG has recently decreased by 0.67%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldPROG pays a meaningful dividend of 1.46%, 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 1.9 News and Social Media Coverage News SentimentPROG has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 24 news articles for PROG this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for PRG on MarketBeat 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 2.74% 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 11.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.21.Price to Earnings Ratio vs. SectorThe P/E ratio of PROG is 11.80, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.56.Price to Book Value per Share RatioPROG has a P/B Ratio of 2.58. 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 Banyan Hill PublishingThe Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.See how you can invest alongside him 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 HeadlinesApril 25, 2024 | msn.comPROG Holdings, Inc. (NYSE:PRG) Q1 2024 Earnings Call TranscriptApril 25, 2024 | finance.yahoo.comPROG Holdings First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsApril 25, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.April 25, 2024 | finance.yahoo.comPROG Holdings Inc (PRG) (Q1 2024) Earnings Call Transcript Highlights: Navigating Challenges ...April 24, 2024 | markets.businessinsider.comPROG Holdings Boosts FY24 Outlook - UpdateApril 24, 2024 | markets.businessinsider.comPROG Holdings Rises 8% In Pre-market As Q1 Results Beat Street, Outlook IncreasedApril 24, 2024 | finance.yahoo.comPROG Holdings Inc (PRG) Q1 2024 Earnings: Misses on EPS, Revenue Declines Amidst ChallengesApril 24, 2024 | investorplace.comPRG Stock Earnings: PROG Holdings Beats EPS, Beats Revenue for Q1 2024April 25, 2024 | Colonial Metals (Ad)The Gold Grab of the CenturyWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.April 24, 2024 | sfgate.comPROG Holdings: Q1 Earnings SnapshotApril 24, 2024 | msn.comPROG Holdings Non-GAAP EPS of $0.91 beats by $0.09, revenue of $641.9M beats by $8.54MApril 24, 2024 | businesswire.comPROG Holdings Reports First Quarter 2024 ResultsApril 23, 2024 | msn.comPROG Holdings Q1 2024 Earnings PreviewApril 17, 2024 | americanbankingnews.comPROG (PRG) Scheduled to Post Quarterly Earnings on WednesdayApril 14, 2024 | nasdaq.comPRG Makes Notable Cross Below Critical Moving AverageApril 3, 2024 | businesswire.comPROG Holdings, Inc. to Release First Quarter 2024 Financial Results on April 24, 2024March 16, 2024 | uk.investing.comPROG Holdings Inc (PRG)March 16, 2024 | finance.yahoo.comPRG Apr 2024 22.500 putMarch 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 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 YetSee 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 Ex-Dividend for 3/28 Dividend3/13/2024Dividend Payable3/28/2024Last Earnings4/24/2024Today4/25/2024Next Earnings (Estimated)7/24/2024Fiscal 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$35.00 Potential Upside/Downside+13.4%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.96 Trailing P/E Ratio11.80 Forward P/E Ratio12.34 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 / Sales0.63 Cash Flow$43.65 per share Price / Cash Flow0.80 Book Value$13.54 per share Price / Book2.58Miscellaneous Outstanding Shares43,690,000Free Float42,492,000Market Cap$1.53 billion OptionableNot Optionable Beta2.08 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.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:MGRCSRH Total Return FundNYSE:STEWFirst BancorpNASDAQ:FBNCSkyward Specialty Insurance GroupNASDAQ:SKWDView All CompetitorsInstitutional OwnershipSimplex Trading LLCBought 6,700 shares on 4/25/2024Ownership: 0.000%Assenagon Asset Management S.A.Sold 117,524 shares on 4/24/2024Ownership: 0.140%New Mexico Educational Retirement BoardBought 14,000 shares on 4/23/2024Ownership: 0.032%Guidance Capital Inc.Bought 14,629 shares on 4/17/2024Ownership: 0.033%DGS Capital Management LLCBought 4,920 shares on 4/15/2024Ownership: 0.106%View All Institutional Transactions PRG Stock Analysis - Frequently Asked Questions Should I buy or sell PROG stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PROG in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research 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 Wall Street research analysts have issued 12-month target prices for PROG's stock. Their PRG share price targets range from $35.00 to $44.00. On average, they expect the company's share price to reach $39.60 in the next year. This suggests a possible upside of 13.4% 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 the year. Since then, PRG shares have increased by 13.0% and is now trading at $34.92. 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, July 24th 2024. View our PRG earnings forecast. How were PROG's earnings last quarter? PROG Holdings, Inc. (NYSE:PRG) issued its quarterly earnings results on Wednesday, April, 24th. The company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.83 by $0.08. The business earned $641.87 million during the quarter, compared to analyst estimates of $632.24 million. PROG had a net margin of 5.77% and a trailing twelve-month return on equity of 28.83%. How often does PROG pay dividends? What is the dividend yield for PROG? PROG announced a quarterly dividend on Wednesday, February 21st. Shareholders of record on Thursday, March 14th will be paid a dividend of $0.12 per share on Thursday, March 28th. This represents a $0.48 annualized dividend and a yield of 1.37%. 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 1.46%. 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 Invesco S&P SmallCap 600 Pure Growth ETF (RZG), ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap 600 GARP ETF (GRPZ), Roundhill Acquirers Deep Value ETF (DEEP) and Burney U.S. Factor Rotation ETF (BRNY).First Trust Small Cap Value AlphaDEX Fund (FYT). What guidance has PROG issued on next quarter's earnings? PROG updated its FY 2024 earnings guidance on Wednesday, April, 24th. The company provided earnings per share guidance of 2.850-3.100 for the period, compared to the consensus EPS estimate of 2.860. The company issued revenue guidance of $2.3 billion-$2.4 billion, compared to the consensus revenue estimate of $2.3 billion. Who are PROG's major shareholders? PROG's stock is owned by many different institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.14%), DGS Capital Management LLC (0.11%), Guidance Capital Inc. (0.03%), New Mexico Educational Retirement Board (0.03%), Los Angeles Capital Management LLC (0.02%) and Simplex Trading LLC (0.00%). 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 4/25/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThese AI trades triggered this morning (545% return)Prosper Trading AcademyThe A.I. story nobody is telling you (Read ASAP)TradeSmithHe Is Giving Away BitcoinCrypto Swap ProfitsFed launches fourth dollar overhaulStansberry ResearchThe only accurate crypto trading system I know …Weiss RatingsBitcoin Rockets To Record High But Buy THIS InsteadParadigm Press 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: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. 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.
