Markets

Rent-A-Center Inc. Announces Quarterly Dividend of $0.08 (NASDAQ:RCII)

Rent-A-Center Inc. Announces Quarterly Dividend of $0.08 (NASDAQ:RCII)

Finally, Comerica Bank increased its position in Rent-A-Center by 4.0% in the first quarter.

Other hedge funds also recently bought and sold shares of the company. State Street Corp increased its stake in Rent-A-Center by 8.8% in the fourth quarter.

Stamps.com beats Rent-A-Center on 9 of the 14 factors compared between the two stocks. First Quadrant L P CA bought a new stake in Rent-A-Center during the first quarter valued at approximately $356,000. Rent-A-Center, Inc.

In company news, Rent-A-Center ( RCII ) surged as much as 15% higher on Tuesday, topping out at $12.75 a share after the specialty retailer today said it has rejected a $800 million private-equity takeover offer from Vintage Capital Management. Louisiana State Employees Retirement System raised its position in Rent-A-Center by 1.4% in the first quarter. (NASDAQ:RCII)'s near-term growth potential. Analysts on average have given a price target of $12 to Rent-A-Center, Inc. stock. Their average price target spell out an upbeat performance - a -1% and would give RCII a market capitalization of almost $666.36M. The value of the company's investment in Rent-A-Center Inc. increased from $355,000 to $551,000 a change of 55.2% quarter to quarter. Investors acquired 8,809 put options on the company.

The Relative Volume of the company is 1.76 and Average Volume (3 months) is 1.64 million.

Rent-A-Center Inc (NASDAQ:RCII) now has a trailing P/E of -4.68 while its forward P/E according to Thomson Reuters is 13.29. The company had revenue of $742 million during the quarter, compared to analyst estimates of $733.43 million. During the same quarter in the previous year, the company earned $0.48 earnings per share. Given Stamps.com's stronger consensus rating and higher possible upside, research analysts clearly believe Stamps.com is more favorable than Rent-A-Center.




The business also recently declared a quarterly dividend, which will be paid on Thursday, July 20th. Investors of record on Monday, July 3rd will be issued a $0.08 dividend. The ex-dividend date of this dividend is Thursday, June 29th. The difference between the expected and actual EPS was $0.07/share, which represents an Earnings surprise of 233.3%. If you are viewing this article on another website, it was stolen and republished in violation of US & global copyright and trademark legislation. The original version of this article can be accessed at https://www.thecerbatgem.com/2017/07/14/united-capital-financial-advisers-llc-acquires-64923-shares-of-rent-a-center-inc-nasdaqrcii.html.

A number of research firms recently weighed in on RCII.

10/29/2015 - Rent-A-Center Inc. was downgraded to "sector weight" by analysts at KeyBanc. Northcoast Research raised Rent-A-Center from a "neutral" rating to a "buy" rating in a research note on Friday, March 31st. Zacks Investment Research lowered shares of Rent-A-Center from a "hold" rating to a "sell" rating in a research report on Tuesday, July 4th. They now have a United States dollars 12 price target on the stock.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.6 out of the scale from 1 to 5, where 1 stands for Buy and 5 means Sell. Rent-A-Center presently has a consensus rating of "Hold" and an average price target of $10.75.

Total cash per share on the most recent quarter is 1.09. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 7,115,980 shares of the stock are valued at $78.99 million. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

In related news, Director Steven L. Pepper purchased 45,000 shares of the business's stock in a transaction dated Tuesday, May 23rd.


  • Powerful Explosive Found in UP Assembly, Yogi Demands NIA Probe

    Powerful Explosive Found in UP Assembly, Yogi Demands NIA Probe

    Stressing that there should be no compromise on security, the chief minister said joint efforts were needed to ensure this. He also said that police should carry out background checks for all workers in the state assembly.
    City to complete Walker signing

    City to complete Walker signing

    City's spending is not expected to stop there with a deal for Monaco left-back Benjamin Mendy believed to be nearing a conclusion. However, towards the end of last season, he often found himself playing second fiddle to Kieran Trippier .
    IS plant aanslag op WK vrouwenvoetbal

    IS plant aanslag op WK vrouwenvoetbal

    Meer over het cookie gebruik op FD.nl leest u in het Cookiebeleid en privacybeleid FD Mediagroep . " We nemen het serieus op". Dat meldt SITE Intelligence Group , dat de online activiteit van extremistische groeperingen opvolgt.
  • FIR Filed Against Comedy Group AIB For 'Insulting' PM Modi in Meme

    FIR Filed Against Comedy Group AIB For 'Insulting' PM Modi in Meme

    Bhat clarified that while he will withdraw such tweets to save himself from legal trouble, he will continue to make similar jokes. The picture was captioned #wanderlust, a satirical attempt on the Indian Prime Minister's foreign travels.
    Donald Trump wants collaboration and cooperation with Russia: White House

    Donald Trump wants collaboration and cooperation with Russia: White House

    The compounds were closed as part of a larger punishment, which included sanctions, for Russia's 2016 presidential election meddling.
    Liberation of Mosul From Daesh to Facilitate Takeover of Syria's Raqqa

    Liberation of Mosul From Daesh to Facilitate Takeover of Syria's Raqqa

    Last week, Iraq declared the complete liberation of Mosul some three years after the northern city fell to Daesh terrorists. The Islamic State continues to hold considerable territory in the region. "But make no mistake, it is a losing cause".
  • Een van de grootste ijsbergen ooit is afgescheurd van Antarctica

    Een beeld van de breuk is dinsdag vrijgegeven door de satelliet Copernicus Sentinel-1 van het Europese Ruimte Agentschap (ESA). De Larsen C-plaat is de op drie na grootste ijsplaat van de Zuidpool met een indrukwekkende 50.000 vierkante kilometer.
    Xiaomi Redmi 5 surfaces online revealing specs and price

    Xiaomi Redmi 5 surfaces online revealing specs and price

    It also packs in a graphics processor , and 32 GB of internal storage which can be expanded to 128 GB via a microSD card. While the Redmi 4 and Redmi 4A had starting prices of Rs 6999 and Rs 5999 respectively for its smallest storage variant.
    Chinese dissident Liu Xiaobo dies in custody, struck by liver cancer

    Chinese dissident Liu Xiaobo dies in custody, struck by liver cancer

    Germany had offered to host Liu as recently as Wednesday, calling for a "signal of humanity" from Beijing . In 2010, Liu received the Nobel Peace Prize for his activism in favour of democracy in China.
  • EasyJet picks Austrian base for post-Brexit plan

    EasyJet picks Austrian base for post-Brexit plan

    The airline said it meant to establish a new airline, easyJet Europe, which would be headquartered in Vienna. The airline has applied for a new air operator's certificate to set up a third base in Vienna.
    Trump Thinks Putin Would've Preferred a President Hillary

    Trump Thinks Putin Would've Preferred a President Hillary

    President Trump sat for an exclusive interview with Christian Broadcasting Network ( CBN ) founder Pat Robertson . Michelle Bachmann, visited Donald Trump in the Oval Office on Monday and laid hands on the president. "Pro-life.
    Astronaut Julie Payette named Governor General

    Astronaut Julie Payette named Governor General

    Payette first traveled to the ISS in 1999 aboard the U.S. space shuttle Discovery, then 10 years later aboard the Endeavour. Mulcair said he sympathized, however, with those who might be disappointed an Indigenous person wasn't selected.