Positive News SentimentPositive NewsNYSE:PRG PROG (PRG) Stock Price, News & Analysis $44.98 -1.21 (-2.62%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$44.88▼$46.4350-Day Range$32.04▼$47.2552-Week Range$26.39▼$47.85Volume388,767 shsAverage Volume419,735 shsMarket Capitalization$1.94 billionP/E Ratio18.36Dividend Yield1.07%Price Target$45.40 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get PROG alerts: Email Address PROG MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside0.9% Upside$45.40 Price TargetShort InterestHealthy4.57% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.74Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth13.77%From $3.34 to $3.80 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.01 out of 5 starsFinance Sector452nd out of 871 stocksEquipment Rental & Leasing, Not Elsewhere Classified Industry5th out of 12 stocks 1.4 Analyst's Opinion Consensus RatingPROG has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoveragePROG has only been the subject of 3 research reports in the past 90 days.Read more about PROG's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted4.57% of the float of PROG has been sold short.Short Interest Ratio / Days to CoverPROG has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in PROG has recently decreased by 15.93%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldPROG pays a meaningful dividend of 1.05%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPROG does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of PROG is 19.59%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, PROG will have a dividend payout ratio of 12.63% next year. This indicates that PROG will be able to sustain or increase its dividend.Read more about PROG's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PRG. Previous Next 2.6 News and Social Media Coverage News SentimentPROG has a news sentiment score of 1.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for PROG this week, compared to 3 articles on an average week.Search InterestOnly 5 people have searched for PRG on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added PROG to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PROG insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.74% of the stock of PROG is held by insiders.Percentage Held by Institutions97.92% of the stock of PROG is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about PROG's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for PROG are expected to grow by 13.77% in the coming year, from $3.34 to $3.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PROG is 18.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.08.Price to Earnings Ratio vs. SectorThe P/E ratio of PROG is 18.36, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 32.60.Price to Book Value per Share RatioPROG has a P/B Ratio of 3.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about PROG's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Deal MakerThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.Learn more about this much-needed advancement and investment opportunity here. About PROG Stock (NYSE:PRG)PROG Holdings, Inc. (NYSE:PRG) is a financial technology holding company based in Salt Lake City, Utah with three business segments: Progressive Leasing, which offers lease-to-own transactions primarily to credit-challenged consumers through e-commerce and point-of-sale retail partners, via online, mobile, and in-store solutions; Vive Financial, which provides consumers who may not qualify for traditional prime lending with a variety of second-look, revolving credit products through private label and branded credit cards; and Four Technologies, which provides consumers of all credit backgrounds Buy Now, Pay Later (BNPL) options through four interest-free installments via its platform, Four.Read More PRG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRG Stock News HeadlinesAugust 28, 2024 | americanbankingnews.comPROG Holdings, Inc. (NYSE:PRG) Given Consensus Rating of "Moderate Buy" by AnalystsAugust 28, 2024 | americanbankingnews.comPROG Holdings, Inc. (NYSE:PRG) Given Average Rating of "Moderate Buy" by AnalystsSeptember 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…August 20, 2024 | msn.comLoop Capital Upgrades PROG Holdings (PRG)August 19, 2024 | benzinga.comDecoding 4 Analyst Evaluations For PROG HoldingsAugust 19, 2024 | msn.comProg Holdings raised to Buy at Loop as GMV growth gains momentumAugust 17, 2024 | finance.yahoo.comPRG Sep 2024 55.000 put (PRG240920P00055000)August 17, 2024 | finance.yahoo.comPRG Sep 2024 55.000 call (PRG240920C00055000)September 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…August 16, 2024 | morningstar.comPROG Holdings Inc Ordinary SharesAugust 15, 2024 | finance.yahoo.comBe Sure To Check Out PROG Holdings, Inc. (NYSE:PRG) Before It Goes Ex-DividendAugust 14, 2024 | ca.finance.yahoo.comDFS Aug 2024 131.000 putAugust 5, 2024 | ca.finance.yahoo.comDFS Sep 2024 129.000 putAugust 5, 2024 | ca.finance.yahoo.comDFS Nov 2024 115.000 putAugust 4, 2024 | uk.finance.yahoo.comDFS Jun 2025 125.000 putJuly 29, 2024 | msn.comPROG Holdings’ (PRG) Shares Soar After Second Quarter ResultsJuly 27, 2024 | finance.yahoo.comPROG Holdings, Inc. Just Beat EPS By 16%: Here's What Analysts Think Will Happen NextJuly 25, 2024 | benzinga.comDecoding 3 Analyst Evaluations For PROG HoldingsSee More Headlines Receive PRG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PROG and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/11 Dividend5/24/2024Dividend Payable6/11/2024Last Earnings7/24/2024Ex-Dividend for 9/3 Dividend8/20/2024Dividend Payable9/03/2024Today9/07/2024Next Earnings (Estimated)10/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Equipment rental & leasing, not elsewhere classified Sub-IndustryN/A Current SymbolNYSE:PRG CUSIPN/A CIK1808834 Webwww.aarons.com Phone385-351-1369Fax404-240-6584Employees1,606Year FoundedN/APrice Target and Rating Average Stock Price Target$45.40 High Stock Price Target$55.00 Low Stock Price Target$37.00 Potential Upside/Downside+0.9%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.45 Trailing P/E Ratio18.36 Forward P/E Ratio13.47 P/E GrowthN/ANet Income$138.84 million Net Margins4.57% Pretax Margin6.54% Return on Equity26.30% Return on Assets10.50% Debt Debt-to-Equity Ratio1.02 Current Ratio3.87 Quick Ratio1.80 Sales & Book Value Annual Sales$2.39 billion Price / Sales0.81 Cash Flow$39.11 per share Price / Cash Flow1.15 Book Value$13.75 per share Price / Book3.27Miscellaneous Outstanding Shares43,175,000Free Float41,992,000Market Cap$1.94 billion OptionableNot Optionable Beta2.11 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Steven A. Michaels (Age 49)CEO, Pres & Director Comp: $1.97MMr. Brian J. GarnerChief Financial OfficerMr. Marvin A. Fentress (Age 60)Gen. Counsel & Corp. Sec. Comp: $953.92kMr. Curtis Linn Doman (Age 48)Chief Innovation Officer & Director Comp: $1.43MMr. Trevor Thatcher (Age 46)Chief Operations Officer Mr. George Matt Sewell (Age 46)Principal Accounting Officer & VP of Financial Reporting Mr. Benjamin Hawksworth (Age 44)Chief Product & Technology Officer Mr. Ryan Ray (Age 46)Chief Admin. Officer John BaughVP of Investor RelationsMark DelcorpsDirector of Corp. CommunicationsMore ExecutivesKey CompetitorsAir LeaseNYSE:ALMcGrath RentCorpNASDAQ:MGRCUpbound GroupNASDAQ:UPBDCustom Truck One SourceNYSE:CTOSAaron'sNYSE:AANView All CompetitorsInstitutional OwnershipClearbridge Investments LLCSold 14,026 shares on 8/27/2024Ownership: 0.989%Vulcan Value Partners LLCSold 189,694 shares on 8/16/2024Ownership: 1.830%Algert Global LLCBought 36,336 shares on 8/16/2024Ownership: 0.146%Cim Investment Management Inc.Sold 1,567 shares on 8/16/2024Ownership: 0.015%Mackenzie Financial CorpSold 783 shares on 8/15/2024Ownership: 0.016%View All Institutional Transactions PRG Stock Analysis - Frequently Asked Questions How have PRG shares performed this year? PROG's stock was trading at $30.91 at the beginning of the year. Since then, PRG shares have increased by 45.5% and is now trading at $44.98. View the best growth stocks for 2024 here. How were PROG's earnings last quarter? PROG Holdings, Inc. (NYSE:PRG) issued its earnings results on Wednesday, July, 24th. The company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.70 by $0.22. The business's quarterly revenue was down .1% on a year-over-year basis. Who are PROG's major shareholders? PROG's top institutional shareholders include Dimensional Fund Advisors LP (4.09%), D. E. Shaw & Co. Inc. (2.08%), Vulcan Value Partners LLC (1.83%) and American Century Companies Inc. (1.59%). Insiders that own company stock include Curtis Linn Doman, Brian Garner and Eugene Vin Iv Thomas. View institutional ownership trends. How do I buy shares of PROG? Shares of PRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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