Aaron’s (NYSE:PRG) Updates Q1 2026 Earnings Guidance

Aaron’s (NYSE:PRG) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.700-0.900 for the period, compared to the consensus estimate of 0.790. The company issued revenue guidance of $715.0 million-$745.0 million, compared to the consensus revenue estimate of $645.2 million. Aaron’s also updated its FY 2026 guidance to 4.000-4.450 EPS.

Aaron’s Price Performance

PRG stock opened at $35.46 on Wednesday. The company has a current ratio of 4.74, a quick ratio of 2.65 and a debt-to-equity ratio of 0.85. The firm’s 50-day moving average price is $31.80 and its two-hundred day moving average price is $31.73. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 9.09 and a beta of 1.73. Aaron’s has a 12-month low of $23.50 and a 12-month high of $37.58.

Aaron’s (NYSE:PRG) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.14. The company had revenue of $525.36 million during the quarter, compared to analyst estimates of $581.82 million. Aaron’s had a return on equity of 22.36% and a net margin of 6.54%.The firm’s revenue for the quarter was down 5.2% on a year-over-year basis. During the same quarter last year, the company earned $0.80 EPS. 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. As a group, equities analysts predict that Aaron’s will post 3.45 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. B. Riley Financial assumed coverage on shares of Aaron’s in a research note on Tuesday, December 16th. They issued a “buy” rating and a $50.00 target price on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Aaron’s in a report on Thursday, January 22nd. TD Cowen decreased their price target on shares of Aaron’s from $41.00 to $38.00 and set a “buy” rating for the company in a research report on Thursday, January 8th. BTIG Research raised Aaron’s from a “sell” rating to a “neutral” rating and set a $31.00 price objective for the company in a research report on Friday, November 21st. Finally, Wall Street Zen cut shares of Aaron’s from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Aaron’s currently has an average rating of “Moderate Buy” and an average target price of $38.83.

Hedge Funds Weigh In On Aaron’s

A number of large investors have recently bought and sold shares of the company. Freestone Grove Partners LP grew its stake in Aaron’s by 256.8% in the 4th quarter. Freestone Grove Partners LP now owns 26,793 shares of the company’s stock worth $790,000 after acquiring an additional 19,283 shares during the period. Guggenheim Capital LLC acquired a new position in Aaron’s in the fourth quarter valued at $322,000. Schonfeld Strategic Advisors LLC boosted its position in shares of Aaron’s by 41.5% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 22,901 shares of the company’s stock worth $675,000 after acquiring an additional 6,711 shares during the last quarter. AQR Capital Management LLC increased its holdings in Aaron’s by 66.3% in the 4th quarter. AQR Capital Management LLC now owns 131,301 shares of the company’s stock valued at $3,872,000 after purchasing an additional 52,359 shares in the last quarter. Finally, Trexquant Investment LP increased its stake in shares of Aaron’s by 34.4% in the fourth quarter. Trexquant Investment LP now owns 175,699 shares of the company’s stock worth $5,181,000 after buying an additional 44,959 shares during the last quarter. Hedge funds and other institutional investors own 97.92% of the company’s stock.

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.