PROG (PRG) Set to Post Earnings on Wednesday

PROG (NYSE:PRG) is projected to announce its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect the company to announce earnings of $1.09 per share and revenue of $737.83 million for the quarter. PROG has set its Q3 2026 guidance at 1.000-1.200 EPS and its FY 2026 guidance at 4.750-5.000 EPS. Parties are encouraged to explore the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 8:30 AM ET.

PROG (NYSE:PRG) last released its quarterly earnings data on Wednesday, July 29th. The fintech holding company reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.24. PROG had a return on equity of 21.88% and a net margin of 5.57%. The company had revenue of $719.72 million for the quarter, compared to the consensus estimate of $713.50 million. On average, analysts expect PROG to post $4.93 EPS for the current fiscal year and $5.52 EPS for the next fiscal year.

PROG Trading Down 2.6%

PRG stock opened at $29.48 on Tuesday. PROG has a 1-year low of $25.80 and a 1-year high of $47.73. The company has a current ratio of 4.03, a quick ratio of 2.29 and a debt-to-equity ratio of 1.10. The business’s 50 day moving average is $34.72 and its 200-day moving average is $35.61. The firm has a market cap of $1.17 billion, a P/E ratio of 8.14 and a beta of 1.78.

PROG Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Tuesday, August 18th were given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Tuesday, August 18th. PROG’s dividend payout ratio is 15.47%.

Analyst Ratings Changes

PRG has been the subject of a number of analyst reports. KeyCorp lifted their price objective on PROG from $45.00 to $50.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. B. Riley Financial boosted their target price on shares of PROG from $57.00 to $64.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Weiss Ratings raised shares of PROG from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, October 16th. Loop Capital raised shares of PROG from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a report on Thursday, October 8th. Finally, Jefferies Financial Group dropped their target price on shares of PROG from $60.00 to $50.00 and set a “buy” rating for the company in a research report on Wednesday, October 7th. Seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $47.81.

Insider Buying and Selling

In other PROG news, CAO George M. Sewell sold 2,000 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $45.53, for a total transaction of $91,060.00. Following the transaction, the chief accounting officer owned 28,385 shares of the company’s stock, valued at approximately $1,292,369.05. This represents a 6.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael King sold 1,070 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $46.00, for a total value of $49,220.00. Following the completion of the transaction, the insider owned 60,825 shares in the company, valued at $2,797,950. The trade was a 1.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 4,000 shares of company stock valued at $183,060. 3.72% of the stock is currently owned by company insiders.

PROG Company Profile

PROG Holdings, Inc is a financial technology company that provides consumer payment and lease-to-own solutions through its operating businesses. Its services are designed to help consumers acquire household goods and other merchandise through retail stores, e-commerce websites and other merchant channels.

The company’s primary business is Progressive Leasing, a lease-to-own provider that gives consumers an alternative to traditional credit when purchasing products such as furniture, appliances, electronics, mattresses and other household merchandise.