PROG (PRG) to Announce Quarterly Earnings on Wednesday

PROG (NYSE:PRG) is projected to post its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to post earnings of $0.96 per share and revenue of $713.4950 million for the quarter. PROG has set its Q2 2026 guidance at 1.050-1.050 EPS. Investors can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 8:30 AM ET.

PROG (NYSE:PRG) last posted its quarterly earnings data on Wednesday, April 29th. The fintech holding company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.46. PROG had a return on equity of 21.94% and a net margin of 5.88%.The firm had revenue of $742.67 million for the quarter, compared to the consensus estimate of $732.70 million. During the same quarter in the previous year, the company earned $0.90 EPS. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. On average, analysts expect PROG to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

PROG Price Performance

PRG stock opened at $43.55 on Monday. PROG has a one year low of $25.80 and a one year high of $47.73. The firm has a 50-day moving average of $40.17 and a two-hundred day moving average of $35.03. The firm has a market capitalization of $1.75 billion, a PE ratio of 11.90 and a beta of 1.78. The company has a current ratio of 4.27, a quick ratio of 2.41 and a debt-to-equity ratio of 1.21.

PROG Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 19th were issued a dividend of $0.14 per share. The ex-dividend date was Tuesday, May 19th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.3%. PROG’s payout ratio is currently 15.30%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on PRG shares. B. Riley Financial restated a “buy” rating on shares of PROG in a research report on Thursday, April 30th. Wall Street Zen cut shares of PROG from a “strong-buy” rating to a “buy” rating in a research report on Sunday, June 14th. Stephens boosted their target price on shares of PROG from $40.00 to $47.50 and gave the company an “overweight” rating in a research note on Thursday, April 30th. TD Cowen increased their target price on PROG from $45.00 to $50.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Finally, Zacks Research lowered PROG from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Five analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $47.36.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Quarry LP lifted its holdings in shares of PROG by 82.8% during the 4th quarter. Quarry LP now owns 1,117 shares of the fintech holding company’s stock valued at $33,000 after buying an additional 506 shares during the last quarter. Federation des caisses Desjardins du Quebec acquired a new position in PROG in the fourth quarter worth approximately $44,000. WealthCollab LLC increased its holdings in PROG by 61.9% in the second quarter. WealthCollab LLC now owns 2,092 shares of the fintech holding company’s stock worth $61,000 after buying an additional 800 shares during the last quarter. Aquatic Capital Management LLC bought a new position in PROG during the third quarter valued at approximately $204,000. Finally, iSAM Funds UK Ltd bought a new position in PROG during the third quarter valued at approximately $209,000. 97.92% of the stock is owned by institutional investors and hedge funds.

PROG Company Profile

PROG Holdings, Inc, 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.