Aaron’s (PRG) to Release Quarterly Earnings on Wednesday

Aaron’s (NYSE:PRG) is projected to post its Q2 2025 quarterly earnings results before the market opens on Wednesday, July 23rd. Analysts expect Aaron’s to post earnings of $0.79 per share and revenue of $586.25 million for the quarter. Aaron’s has set its Q2 2025 guidance at 0.750-0.850 EPS and its FY 2025 guidance at 2.900-3.300 EPS.

Aaron’s (NYSE:PRG) last issued its quarterly earnings results on Wednesday, April 23rd. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.08. Aaron’s had a net margin of 8.38% and a return on equity of 23.11%. The business had revenue of $684.09 million for the quarter, compared to the consensus estimate of $678.23 million. During the same quarter in the prior year, the company earned $0.91 EPS. The firm’s quarterly revenue was up 6.6% on a year-over-year basis. On average, analysts expect Aaron’s to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Aaron’s Stock Performance

Aaron’s stock opened at $28.21 on Wednesday. The company has a current ratio of 4.98, a quick ratio of 2.35 and a debt-to-equity ratio of 0.91. Aaron’s has a 1 year low of $23.50 and a 1 year high of $50.28. The company has a market cap of $1.14 billion, a PE ratio of 5.78 and a beta of 1.76. The company’s 50-day moving average is $29.16 and its two-hundred day moving average is $31.66.

Aaron’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Tuesday, May 20th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Tuesday, May 20th. This represents a $0.52 dividend on an annualized basis and a yield of 1.84%. Aaron’s’s payout ratio is presently 10.66%.

Insider Buying and Selling at Aaron’s

In other news, CEO Steven A. Michaels acquired 14,000 shares of the stock in a transaction on Monday, May 12th. The shares were purchased at an average price of $29.03 per share, for a total transaction of $406,420.00. Following the transaction, the chief executive officer directly owned 559,641 shares of the company’s stock, valued at approximately $16,246,378.23. This represents a 2.57% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Brian Garner acquired 3,500 shares of the stock in a transaction on Tuesday, May 13th. The shares were purchased at an average price of $28.93 per share, for a total transaction of $101,255.00. Following the transaction, the chief financial officer directly owned 132,597 shares in the company, valued at approximately $3,836,031.21. This trade represents a 2.71% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 3.21% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Millennium Management LLC grew its holdings in shares of Aaron’s by 62.7% during the first quarter. Millennium Management LLC now owns 673,405 shares of the company’s stock worth $17,913,000 after purchasing an additional 259,630 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Aaron’s by 5.4% in the first quarter. Goldman Sachs Group Inc. now owns 313,611 shares of the company’s stock valued at $8,342,000 after buying an additional 16,126 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Aaron’s by 6.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,423 shares of the company’s stock valued at $3,496,000 after buying an additional 7,542 shares during the period. Royal Bank of Canada lifted its stake in Aaron’s by 23.4% in the first quarter. Royal Bank of Canada now owns 35,910 shares of the company’s stock valued at $955,000 after buying an additional 6,807 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Aaron’s by 5.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,363 shares of the company’s stock worth $648,000 after purchasing an additional 1,162 shares during the period. Institutional investors and hedge funds own 97.92% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on PRG. KeyCorp lowered their price target on Aaron’s from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Thursday, April 24th. BTIG Research downgraded Aaron’s from a “neutral” rating to a “sell” rating and set a $24.00 price target for the company. in a research report on Monday. Finally, Loop Capital cut their price objective on Aaron’s from $45.00 to $40.00 and set a “buy” rating for the company in a report on Thursday, April 24th. One analyst has rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $41.86.

About Aaron’s

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.