NYSE:PRG PROG (PRG) Stock Price, News & Analysis → Elon’s New A.I. Device is About to Shock the World (From InvestorPlace) (Ad) Free PRG Stock Alerts $34.49 +0.47 (+1.38%) (As of 04/29/2024 ET) Add Compare Share Share Today's Range$34.08▼$34.5750-Day Range$28.63▼$35.6852-Week Range$26.39▼$44.81Volume396,334 shsAverage Volume395,398 shsMarket Capitalization$1.51 billionP/E Ratio14.08Dividend 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/Downside14.8% Upside$39.60 Price TargetShort InterestHealthy3.48% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.53Based on 27 Articles This WeekInsider TradingN/AProj. Earnings Growth12.67%From $3.00 to $3.38 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.3.46 out of 5 starsFinance Sector431st out of 849 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.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 1.41%, 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 19.59%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, PROG will have a dividend payout ratio of 14.20% 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 2.0 News and Social Media Coverage News SentimentPROG has a news sentiment score of 0.53. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 27 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.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 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 2.5 Earnings and Valuation Earnings GrowthEarnings for PROG are expected to grow by 12.67% in the coming year, from $3.00 to $3.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PROG is 14.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.23.Price to Earnings Ratio vs. SectorThe P/E ratio of PROG is 14.08, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.74.Price to Book Value per Share RatioPROG has a P/B Ratio of 2.55. 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 InvestorPlaceElon’s New A.I. Device is About to Shock the WorldUsing this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.” Click here to see the details because there’s a lot of money at stake. 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 27, 2024 | americanbankingnews.comPROG (NYSE:PRG) PT Raised to $35.00April 27, 2024 | americanbankingnews.comTD Cowen Increases PROG (NYSE:PRG) Price Target to $40.00April 30, 2024 | InvestorPlace (Ad)Elon’s New A.I. Device is About to Shock the WorldUsing this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.” April 26, 2024 | seekingalpha.comPROG Holdings, Inc. (PRG) Q1 2024 Earnings Call TranscriptApril 26, 2024 | ca.finance.yahoo.comPROG Holdings, Inc. (PRG)April 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 | finance.yahoo.comPROG Holdings Inc (PRG) (Q1 2024) Earnings Call Transcript Highlights: Navigating Challenges ...April 30, 2024 | InvestorPlace (Ad)Elon’s New A.I. Device is About to Shock the WorldUsing this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.” 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 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 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 callSee 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 Earnings4/24/2024Today4/29/2024Next 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+14.8%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.45 Trailing P/E Ratio14.08 Forward P/E Ratio11.50 P/E GrowthN/ANet Income$138.84 million Net Margins4.71% Pretax Margin6.69% Return on Equity26.67% Return on Assets10.66% Debt Debt-to-Equity Ratio1.01 Current Ratio3.91 Quick Ratio1.83 Sales & Book Value Annual Sales$2.41 billion Price / Sales0.63 Cash Flow$41.07 per share Price / Cash Flow0.84 Book Value$13.54 per share Price / Book2.55Miscellaneous Outstanding Shares43,690,000Free Float42,492,000Market Cap$1.51 billion OptionableNot Optionable Beta2.08 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.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 OwnershipPrincipal Financial Group Inc.Bought 32,530 shares on 4/29/2024Ownership: 0.608%Yousif Capital Management LLCSold 5,861 shares on 4/26/2024Ownership: 0.046%Simplex 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%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 twelve months. 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 equities research analysts have issued 12 month price targets for PROG's shares. Their PRG share price targets range from $35.00 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 14.8% 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 start of the year. Since then, PRG shares have increased by 11.6% and is now trading at $34.4950. 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) released its quarterly earnings results on Wednesday, April, 24th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.83 by $0.08. The business had revenue of $641.87 million for the quarter, compared to the consensus estimate of $632.24 million. PROG had a trailing twelve-month return on equity of 26.67% and a net margin of 4.71%. How often does PROG pay dividends? What is the dividend yield for PROG? PROG declared a quarterly dividend on Wednesday, February 21st. Stockholders 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 1.41%. The dividend payout ratio is 19.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PRG will have a dividend payout ratio of 14.20% 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), Cambria Shareholder Yield ETF (SYLD), Roundhill Acquirers Deep Value ETF (DEEP), Burney U.S. Factor Rotation ETF (BRNY), First Trust Small Cap Value AlphaDEX Fund (FYT) and Royce Quant Small-Cap Quality Value ETF (SQLV). What guidance has PROG issued on next quarter's earnings? PROG updated its FY 2024 earnings guidance on Wednesday, April, 24th. The company provided EPS guidance of 2.850-3.100 for the period, compared to the consensus 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 a variety of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (0.61%), Assenagon Asset Management S.A. (0.14%), DGS Capital Management LLC (0.11%), Yousif Capital Management LLC (0.05%), Guidance Capital Inc. (0.03%) and New Mexico Educational Retirement Board (0.03%). 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 4/30/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingCharles Payne’s Gift to Stock InvestorsUnstoppable ProsperityHe Is Giving Away BitcoinCrypto Swap ProfitsElon Musk Secret Crypto Plot ExposedCrypto 101 MediaForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressThe A.I. story nobody is telling you (Read ASAP)TradeSmith4 coins to be the “Next Bitcoin”True Market Insiders 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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