Aaron’s Holdings Company, Inc. (NYSE:PRG) Given Average Rating of “Buy” by Brokerages

Shares of Aaron’s Holdings Company, Inc. (NYSE:PRG) have been given a consensus recommendation of “Buy” by the seven ratings firms that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $41.80.

Several equities research analysts have issued reports on PRG shares. B. Riley Financial assumed coverage on Aaron’s in a report on Tuesday, December 16th. They set a “buy” rating and a $50.00 price target for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Aaron’s in a research report on Thursday, January 22nd. Wall Street Zen upgraded shares of Aaron’s from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Zacks Research raised shares of Aaron’s from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Finally, BTIG Research upgraded shares of Aaron’s from a “sell” rating to a “neutral” rating and set a $31.00 price target on the stock in a research note on Friday, November 21st.

Aaron’s Trading Down 3.4%

Aaron’s stock opened at $28.07 on Thursday. The stock has a 50-day simple moving average of $33.20 and a 200 day simple moving average of $31.79. The stock has a market capitalization of $1.11 billion, a P/E ratio of 7.80 and a beta of 1.71. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.32 and a current ratio of 4.71. Aaron’s has a 52 week low of $23.50 and a 52 week high of $41.14.

Aaron’s (NYSE:PRG) last released its quarterly earnings data on Wednesday, February 18th. The company reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.14. Aaron’s had a return on equity of 20.99% and a net margin of 5.97%.The company had revenue of $525.36 million during the quarter, compared to analysts’ expectations of $581.82 million. During the same period last year, the firm posted $0.80 earnings per share. The business’s revenue was down 5.2% on a year-over-year basis. Aaron’s has set its Q1 2026 guidance at 0.700-0.900 EPS and its FY 2026 guidance at 4.000-4.450 EPS. Analysts expect that Aaron’s will post 3.45 earnings per share for the current year.

Aaron’s Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Thursday, March 12th will be given a $0.14 dividend. The ex-dividend date of this dividend is Thursday, March 12th. This is a positive change from Aaron’s’s previous quarterly dividend of $0.13. This represents a $0.56 annualized dividend and a dividend yield of 2.0%. Aaron’s’s dividend payout ratio (DPR) is currently 15.56%.

Institutional Trading of Aaron’s

Hedge funds have recently added to or reduced their stakes in the company. Quarry LP grew its holdings in Aaron’s by 82.8% in the 4th quarter. Quarry LP now owns 1,117 shares of the company’s stock valued at $33,000 after buying an additional 506 shares in the last quarter. Federation des caisses Desjardins du Quebec acquired a new stake in shares of Aaron’s during the fourth quarter worth $44,000. GAMMA Investing LLC boosted its position in shares of Aaron’s by 45.3% in the fourth quarter. GAMMA Investing LLC now owns 1,806 shares of the company’s stock valued at $53,000 after acquiring an additional 563 shares during the period. WealthCollab LLC boosted its position in shares of Aaron’s by 61.9% in the second quarter. WealthCollab LLC now owns 2,092 shares of the company’s stock valued at $61,000 after acquiring an additional 800 shares during the period. Finally, CWM LLC grew its stake in shares of Aaron’s by 85.1% in the third quarter. CWM LLC now owns 5,258 shares of the company’s stock valued at $170,000 after acquiring an additional 2,417 shares in the last quarter. 97.92% of the stock is owned by institutional investors and hedge funds.

Aaron’s Company Profile

PROG Holdings, Inc (NYSE: PRG), formerly known as Aaron’s, is a North American provider of lease-to-own and consumer finance solutions. The company operates through two primary segments: Aaron’s Business Solutions and Progressive Financial Services. Through Aaron’s Business Solutions, PROG offers customers access to furniture, electronics, home appliances and technology products via lease ownership arrangements, serving both individual consumers and small businesses.

The Progressive Financial Services segment provides lease-purchase and retail point-of-sale financing programs to customers with limited credit histories.