NYSE:PRG PROG (PRG) Stock Price, News & Analysis → Thousands of investors use this no cost solution | Do you? (From Insider Financial) (Ad) Free PRG Stock Alerts $34.97 +2.20 (+6.71%) (As of 12:34 PM ET) Add Compare Share Share Today's Range$33.14▼$36.0050-Day Range$28.63▼$34.4452-Week Range$24.72▼$44.81Volume183,050 shsAverage Volume391,035 shsMarket Capitalization$1.53 billionP/E Ratio11.81Dividend 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/Downside16.7% Upside$39.60 Price TargetShort InterestHealthy3.50% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.35Based on 12 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.3.66 out of 5 starsFinance Sector383rd out of 855 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 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.50% of the float of PROG has been sold short.Short Interest Ratio / Days to CoverPROG has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in PROG has recently decreased by 3.87%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldPROG pays a meaningful dividend of 1.49%, 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 0.35. 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 12 news articles for PROG this week, compared to 2 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 11.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.59.Price to Earnings Ratio vs. SectorThe P/E ratio of PROG is 11.46, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.28.Price to Book Value per Share RatioPROG has a P/B Ratio of 2.51. 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 TradeSmithThe A.I. story nobody is telling you (Read ASAP)There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...Click here to see Louis' new video for yourself. 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 24, 2024 | investorplace.comPRG Stock Earnings: PROG Holdings Beats EPS, Beats Revenue for Q1 2024April 24, 2024 | sfgate.comPROG Holdings: Q1 Earnings SnapshotApril 24, 2024 | DTI (Ad)A new way to collect income from stocksMost people think of BUYING options when they talk about options. 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In fact, a contributing writer at the Financial Post studied options extensively… April 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 24, 2024 | Banyan Hill Publishing (Ad)The 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.April 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 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 DividendSee 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 Dividend3/13/2024Dividend Payable3/28/2024Today4/24/2024Next Earnings (Confirmed)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+20.9%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.96 Trailing P/E Ratio11.07 Forward P/E Ratio11.58 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 / Sales0.59 Cash Flow$41.47 per share Price / Cash Flow0.79 Book Value$13.54 per share Price / Book2.42Miscellaneous Outstanding Shares43,690,000Free Float42,492,000Market Cap$1.43 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 OwnershipAssenagon 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%Los Angeles Capital Management LLCSold 40,689 shares on 4/5/2024Ownership: 0.016%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 equities research analysts have issued 1-year price targets for PROG's shares. Their PRG share price targets range from $37.00 to $44.00. On average, they predict the company's share price to reach $39.60 in the next year. This suggests a possible upside of 16.7% 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 on January 1st, 2024. Since then, PRG shares have increased by 9.7% and is now trading at $33.92. 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, 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 earnings per share for the quarter, topping analysts' consensus estimates of $0.67 by $0.05. The business earned $577.40 million during the quarter, compared to analysts' expectations of $568.35 million. PROG had a trailing twelve-month return on equity of 28.83% and a net margin of 5.77%. The company's quarterly revenue was down 5.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.84 EPS. How often does PROG pay dividends? What is the dividend yield for PROG? PROG announced 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 1.42%. The ex-dividend date 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 1.49%. 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), 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 (EPS) 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%) and Los Angeles Capital Management LLC (0.02%). 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 4/24/2024 by MarketBeat.com Staff From Our Partnerstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingThe Greatest Bull Market in Crypto History…Weiss RatingsExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersFed launches fourth dollar overhaulStansberry Research 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. 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