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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:PRG

PROG (PRG) Stock Price, News & Analysis

$34.44
+0.37 (+1.09%)
(As of 03/28/2024 ET)
Today's Range
$34.10
$34.85
50-Day Range
$28.63
$34.44
52-Week Range
$21.94
$44.81
Volume
307,416 shs
Average Volume
426,815 shs
Market Capitalization
$1.50 billion
P/E Ratio
11.64
Dividend Yield
1.39%
Price Target
$39.60

PROG MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
15.0% Upside
$39.60 Price Target
Short Interest
Healthy
3.64% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
16.25%
From $2.83 to $3.29 Per Share

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 stars

Finance Sector

385th out of 851 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

6th out of 12 stocks

PRG stock logo

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.

PRG Stock Price History

PRG Stock News Headlines

PROG Holdings Inc (PRG)
PRG Apr 2024 22.500 put
the most reliable asset on earth is making a comeback
Global tensions have been pushing the price of gold to all time highs… Just recently, gold peaked at a record $2,000 (and is now closer to $2,200). And there’s something else critical at play right now in the world’s largest asset. Because of these critical factors, a lot of massive investment institutions are now pumping more money into gold. And as we speak, some are even calling for a massive rally in the precious metal.
PRG Apr 2024 45.000 call
INFY Jul 2024 14.000 call
Warning: this could blow your mind
Buckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…
INFY Jan 2026 10.000 call
PROG Holdings: Don't Buy Just Yet
North American Morning Briefing: Stock Futures -2-
PROG Holdings: Q4 Earnings Snapshot
PROG Holdings, Inc. Q4 Profit Decreases, but beats estimates
PROG Holdings Q4 2023 Earnings Preview
PRG Mar 2024 30.000 put
PRG PROG Holdings, Inc.
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Ex-Dividend for 3/28 Dividend
3/13/2024
Dividend Payable
3/28/2024
Today
3/29/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Equipment rental & leasing, not elsewhere classified
Sub-Industry
N/A
Employees
1,606
Year Founded
N/A

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$138.84 million
Pretax Margin
8.15%

Debt

Sales & Book Value

Annual Sales
$2.41 billion
Cash Flow
$41.49 per share
Book Value
$13.54 per share

Miscellaneous

Free Float
42,824,000
Market Cap
$1.50 billion
Optionable
Not Optionable
Beta
2.07
12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

Key Executives

  • Mr. Steven A. MichaelsMr. Steven A. Michaels (Age 49)
    CEO, Pres & Director
    Comp: $1.97M
  • Mr. Brian J. GarnerMr. Brian J. Garner
    Chief Financial Officer
  • Mr. Marvin A. Fentress (Age 60)
    Gen. Counsel & Corp. Sec.
    Comp: $953.92k
  • Mr. Curtis Linn Doman (Age 48)
    Chief Innovation Officer & Director
    Comp: $1.43M
  • Mr. 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 Baugh
    VP of Investor Relations
  • Mark Delcorps
    Director of Corp. Communications

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 year. 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 brokerages have issued 1-year price targets for PROG's stock. Their PRG share price targets range from $37.00 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 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 on January 1st, 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) announced its quarterly earnings results on Wednesday, February, 21st. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $0.05. The company had revenue of $577.40 million for 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 business's revenue was down 5.7% compared to the same quarter last year. During the same period last year, the firm 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 paid 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 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 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 a number of 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 3/29/2024 by MarketBeat.com Staff

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