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NASDAQ:RENT

Rent the Runway (RENT) Stock Price, News & Analysis

$0.35
+0.00 (+0.99%)
(As of 04:00 PM ET)
Today's Range
$0.34
$0.36
50-Day Range
$0.34
$0.64
52-Week Range
$0.31
$3.46
Volume
731,020 shs
Average Volume
843,322 shs
Market Capitalization
$24.29 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.29

Rent the Runway MarketRank™ Stock Analysis

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
566.2% Upside
$2.29 Price Target
Short Interest
Healthy
23.06% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.60mentions of Rent the Runway in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$131,191 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.58) to ($1.01) 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.

2.35 out of 5 stars

Retail/Wholesale Sector

135th out of 204 stocks

Retail Stores, Not Elsewhere Classified Industry

7th out of 12 stocks

RENT stock logo

About Rent the Runway Stock (NASDAQ:RENT)

Rent the Runway, Inc. operates shared designer closet in the United States. The company offers evening wear and accessories, ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, and ski wear under subscription, rental, and resale offering. It also engages in the software development and support activities. The company was incorporated in 2009 and is headquartered in Brooklyn, New York.

RENT Stock Price History

RENT Stock News Headlines

A lot of people are making this costly mistake
You may have heard the saying “options are risky” … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It’s how some folks leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time.
Rent the Runway Announces 1-for-20 Reverse Stock Split
A lot of people are making this costly mistake
You may have heard the saying “options are risky” … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It’s how some folks leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time.
The Essentials With Whitney Port
See More Headlines
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Company Calendar

Last Earnings
12/05/2023
Today
3/28/2024
Next Earnings (Confirmed)
4/10/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Retail stores, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:RENT
CUSIP
76017410
Fax
N/A
Employees
1,015
Year Founded
2009

Price Target and Rating

Average Stock Price Target
$2.29
High Stock Price Target
$6.00
Low Stock Price Target
$0.60
Potential Upside/Downside
+568.7%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Net Income
$-138,700,000.00
Pretax Margin
-38.62%

Debt

Sales & Book Value

Annual Sales
$296.40 million
Book Value
($0.54) per share

Miscellaneous

Free Float
63,958,000
Market Cap
$24.12 million
Optionable
Optionable
Beta
0.85

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Key Executives

  • Ms. Jennifer Y. Hyman (Age 43)
    President, Co-Founder, Chairman & CEO
    Comp: $1.49M
  • Ms. Jennifer Fleiss (Age 40)
    Co-Founder & Director
    Comp: $22k
  • Mr. Daniel Lee Rosensweig (Age 62)
    Advisor
    Comp: $27.25k
  • Mr. Siddharth B. Thacker (Age 47)
    Chief Financial Officer
  • Ms. Cara Schembri (Age 47)
    Chief Legal & Administrative Officer
  • Ms. Natalie McGrath
    Chief Marketing Officer
  • Ms. Sarah K. Tam (Age 50)
    Chief Merchant Officer
  • Mr. Drew Rau (Age 45)
    Chief Supply Chain Officer
  • Ms. Becky Case
    Senior Vice President of Engineering
  • Zachary Benjamin Phillips
    Senior Vice President of Product

RENT Stock Analysis - Frequently Asked Questions

Should I buy or sell Rent the Runway stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rent the Runway in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RENT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RENT, but not buy additional shares or sell existing shares.
View RENT analyst ratings
or view top-rated stocks.

What is Rent the Runway's stock price target for 2024?

8 Wall Street research analysts have issued twelve-month price targets for Rent the Runway's stock. Their RENT share price targets range from $0.60 to $6.00. On average, they predict the company's stock price to reach $2.29 in the next twelve months. This suggests a possible upside of 566.2% from the stock's current price.
View analysts price targets for RENT
or view top-rated stocks among Wall Street analysts.

How have RENT shares performed in 2024?

Rent the Runway's stock was trading at $0.5275 at the beginning of the year. Since then, RENT stock has decreased by 34.7% and is now trading at $0.3443.
View the best growth stocks for 2024 here
.

When is Rent the Runway's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 10th 2024.
View our RENT earnings forecast
.

How can I listen to Rent the Runway's earnings call?

Rent the Runway will be holding an earnings conference call on Wednesday, April 10th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13744900".

How were Rent the Runway's earnings last quarter?

Rent the Runway, Inc. (NASDAQ:RENT) issued its quarterly earnings data on Tuesday, December, 5th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.42) by $0.03. The company had revenue of $72.50 million for the quarter, compared to analyst estimates of $73.16 million. During the same period in the previous year, the company earned ($0.47) earnings per share.

When did Rent the Runway's stock split?

Rent the Runway's stock reverse split on Wednesday, April 3rd 2024. The 1-20 reverse split was announced on Wednesday, April 3rd 2024. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, April 3rd 2024. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

What other stocks do shareholders of Rent the Runway own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rent the Runway investors own include Alibaba Group (BABA), OPKO Health (OPK), American Airlines Group (AAL), Alnylam Pharmaceuticals (ALNY), Ambarella (AMBA), Broadcom (AVGO), Biogen (BIIB) and Walt Disney (DIS).

When did Rent the Runway IPO?

Rent the Runway (RENT) raised $332 million in an IPO on Wednesday, October 27th 2021. The company issued 17,000,000 shares at $18.00-$21.00 per share.

Who are Rent the Runway's major shareholders?

Rent the Runway's stock is owned by a variety of retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (4.23%), CastleKnight Management LP (0.78%), Northern Trust Corp (0.59%), GSA Capital Partners LLP (0.39%), Goldman Sachs Group Inc. (0.29%) and Bridgeway Capital Management LLC (0.22%). Insiders that own company stock include Andrea Alexander, Andrew Rau, Anushka Salinas, Becky Case, Beth J Kaplan, Brian Donato, Cara Schembri, Carley Roney, Jennifer Hyman, Larry Steinberg, Sarah K Tam, Scarlett O'sullivan, Siddharth Thacker and Zachary Benjamin Phillips.
View institutional ownership trends
.

How do I buy shares of Rent the Runway?

Shares of RENT 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.

Does Rent the Runway have any subsidiaries?
The following companies are subsidiares of Rent the Runway: Go Try It On.
Read More
This page (NASDAQ:RENT) was last updated on 3/28/2024 by MarketBeat.com Staff

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