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

Shares of Aaron’s Holdings Company, Inc. (NYSE:PRG) have been given a consensus recommendation of “Buy” by the seven ratings firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $40.80.

PRG has been the topic of several analyst reports. BTIG Research raised 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. TD Cowen reduced their price objective on shares of Aaron’s from $41.00 to $38.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. Zacks Research raised shares of Aaron’s from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. Wall Street Zen upgraded Aaron’s from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Finally, B. Riley Financial initiated coverage on Aaron’s in a report on Tuesday, December 16th. They set a “buy” rating and a $50.00 price objective on the stock.

Institutional Investors Weigh In On Aaron’s

A number of institutional investors have recently bought and sold shares of PRG. Wealth Enhancement Advisory Services LLC increased its position in shares of Aaron’s by 142.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 62,609 shares of the company’s stock worth $1,926,000 after acquiring an additional 36,788 shares in the last quarter. Vest Financial LLC purchased a new stake in Aaron’s during the 3rd quarter worth $1,312,000. Y Intercept Hong Kong Ltd increased its holdings in Aaron’s by 503.6% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 109,597 shares of the company’s stock valued at $3,217,000 after purchasing an additional 91,439 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its position in Aaron’s by 419.7% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 40,363 shares of the company’s stock valued at $1,306,000 after purchasing an additional 32,597 shares during the period. Finally, Allianz Asset Management GmbH raised its position in Aaron’s by 18.9% in the third quarter. Allianz Asset Management GmbH now owns 1,187,509 shares of the company’s stock valued at $38,428,000 after purchasing an additional 188,835 shares during the period. 97.92% of the stock is currently owned by hedge funds and other institutional investors.

Aaron’s Price Performance

Shares of NYSE:PRG opened at $36.79 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.32 and a current ratio of 4.71. The business’s fifty day moving average price is $32.86 and its two-hundred day moving average price is $32.06. The stock has a market cap of $1.46 billion, a PE ratio of 10.22 and a beta of 1.73. Aaron’s has a one year low of $23.50 and a one year high of $41.14.

Aaron’s (NYSE:PRG) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.14. The company had revenue of $525.36 million during the quarter, compared to analysts’ expectations of $581.82 million. Aaron’s had a return on equity of 20.99% and a net margin of 5.97%.The business’s revenue for the quarter was down 5.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.80 earnings per share. 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. On average, analysts forecast that Aaron’s will post 3.45 EPS for the current fiscal year.

Aaron’s Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Thursday, March 12th will be issued a $0.14 dividend. This is a positive change from Aaron’s’s previous quarterly dividend of $0.13. The ex-dividend date is Thursday, March 12th. This represents a $0.56 annualized dividend and a yield of 1.5%. Aaron’s’s dividend payout ratio (DPR) is presently 14.44%.

About Aaron’s

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.