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

Aaron’s (NYSE:PRG) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 4.000-4.450 for the period, compared to the consensus earnings per share estimate of 3.550. The company issued revenue guidance of $3.0 billion-$3.1 billion, compared to the consensus revenue estimate of $2.7 billion. Aaron’s also updated its Q1 2026 guidance to 0.700-0.900 EPS.

Wall Street Analysts Forecast Growth

PRG has been the topic of a number of recent analyst reports. Wall Street Zen cut Aaron’s from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. 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 report on Friday, November 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Aaron’s in a research note on Thursday, January 22nd. B. Riley Financial initiated coverage on shares of Aaron’s in a research report on Tuesday, December 16th. They issued a “buy” rating and a $50.00 target price on the stock. Finally, TD Cowen lowered their price target on shares of Aaron’s from $41.00 to $38.00 and set a “buy” rating for the company in a report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $38.83.

Aaron’s Trading Up 13.2%

Shares of PRG stock traded up $4.75 during trading hours on Thursday, hitting $40.87. 316,740 shares of the company’s stock traded hands, compared to its average volume of 430,630. The stock has a market cap of $1.62 billion, a PE ratio of 10.35 and a beta of 1.73. The stock’s 50 day simple moving average is $31.91 and its 200 day simple moving average is $31.76. The company has a quick ratio of 2.65, a current ratio of 4.74 and a debt-to-equity ratio of 0.85. Aaron’s has a 12 month low of $23.50 and a 12 month high of $41.14.

Aaron’s (NYSE:PRG) last announced its earnings results on Wednesday, February 18th. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.60 by $0.14. The firm had revenue of $525.36 million for the quarter, compared to the consensus estimate of $581.82 million. Aaron’s had a return on equity of 22.36% and a net margin of 6.54%.The business’s quarterly revenue was down 5.2% compared to the same quarter last year. During the same period in the previous year, the business 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. On average, sell-side analysts anticipate that Aaron’s will post 3.45 EPS for the current year.

Key Stories Impacting Aaron’s

Here are the key news stories impacting Aaron’s this week:

• Positive Sentiment: Material guidance upgrade: FY 2026 EPS was raised to $4.00–$4.45 (vs. consensus ~$3.55) and revenue guidance was raised to $3.0B–$3.1B (vs. consensus ~$2.7B), signaling management’s confidence in coming quarters. PROG Holdings Reports Fourth Quarter 2025 Results
• Positive Sentiment: Q4 EPS beat: Reported $0.74 vs. consensus ~$0.60 — an EPS beat that helped validate profitability despite a tougher top-line environment. PROG Holdings (PRG) Q4 Earnings Top Estimates
• Neutral Sentiment: Full earnings materials and management commentary are available (earnings slide deck and call transcript) — review slides/call for detail on assumptions behind the guidance and product-level trends. PROG Holdings, Inc. (PRG) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Presentation deck posted with quarter and guidance detail — useful for modeling revenue mix, margin drivers, and assumptions behind higher revenue/earnings outlook. PROG Holdings, Inc. 2025 Q4 – Results – Earnings Call Presentation
• Negative Sentiment: Revenue miss and year-over-year decline: Q4 revenue of $525.36M missed the ~$581.8M consensus and was down ~5.2% YoY, and EPS declined from $0.80 a year ago — showing the business still faces top-line pressure even as profitability holds. PROG Holdings Q4 Results and Materials

Hedge Funds Weigh In On Aaron’s

Several hedge funds and other institutional investors have recently bought and sold shares of PRG. DRW Securities LLC purchased a new stake in Aaron’s in the 4th quarter worth approximately $217,000. Fox Run Management L.L.C. purchased a new position in shares of Aaron’s during the fourth quarter valued at about $233,000. Voleon Capital Management LP bought a new stake in Aaron’s in the 3rd quarter worth approximately $259,000. Prelude Capital Management LLC bought a new stake in Aaron’s in the 3rd quarter worth approximately $261,000. Finally, State of Wyoming raised its holdings in shares of Aaron’s by 26.7% during the 2nd quarter. State of Wyoming now owns 10,235 shares of the company’s stock worth $300,000 after acquiring an additional 2,157 shares in the last quarter. Institutional investors and hedge funds own 97.92% of the company’s stock.

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.