RCII Rent a Center Inc De Dashboard

Rent-A-Center, Inc. is an industry leading omni-channel lease-to-own provider for the cash and credit constrained customer. The Company focuses on improving the quality of life for its customers by providing access and the opportunity to obtain ownership of high-quality, durable products via small payments over time under a flexible lease-purchase agreement and no long-term debt obligation. Preferred Lease provides virtual and staffed lease-to-own solutions to retail partners in stores and online enabling its partners to grow sales by expanding their customer base utilizing its differentiated offering. The Rent-A-Center Business and Mexico segments provide lease-to-own options on products such as furniture, appliances, consumer electronics, and computers in approximately 1,950 Rent-A-Center stores in the United States, Mexico, and Puerto Rico and on its e-commerce platform, Rentacenter.com.The Franchising segment is a national franchiser of approximately 460 franchise locations. Rent-A-Center is headquartered in Plano, Texas.

Company profile

Ticker

RCII

Exchange

NASDAQ

Website

www.rentacenter.com

CEO

Mark Speese

Incorporated

Delaware

Location

Texas

Fiscal year end

Dec 31

Sector

Retail Trade > Household Appliance Stores

Industry (SIC)

Services - Equipment Rental & Leasing, NEC

Aercap • Triton International • Aircastle • United Rentals • Air Lease • PROG • Aarons Company Inc • Textainer Group Holdings Limited • Aarons • McGrath Rentcorp ...

Former names

RENTERS CHOICE INC

SEC CIK

0000933036

Corporate docs

Articles of Incorporation & Bylaws

IRS number

450491516

RCII stock data

S&P 500

1M 1Y 2Y 5Y

News

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Analyzing Rent-A-Center's Ex-Dividend Date

18 Jun 21

On June 9, 2021, Rent-A-Center (NASDAQ:RCII) declared a dividend payable on July 13, 2021 to its shareholders. Rent-A-Center also announced that shareholders on the company's books on or before June 22, 2021 are entitled to the dividend.

Stocks That Hit 52-Week Highs On Wednesday

9 Jun 21

During Wednesday's morning trading, 251 companies set new 52-week highs.

Raymond James Maintains Strong Buy on Rent-A-Center, Raises Price Target to $70

7 May 21

Raymond James analyst Bobby Griffin maintains Rent-A-Center (NASDAQ:RCII) with a Strong Buy and raises the price target from $65 to $70.

Rent-A-Center Q1 Adj. EPS $1.32 Beats $1.11 Estimate, Sales $997.02M Beat $953.23M Estimate

5 May 21

Earnings Scheduled For May 5, 2021

5 May 21

Press releases

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Acima Launches New, Digital Ecosystem to Lease Retail Products

2 Aug 21

New technologies give underserved consumers unprecedented access to lease durable goods under flexible LTO transactions with Acima and provide growth opportunities for retailers Acima, a virtual lease-to-own (LTO)

Rent-A-Center Wins Comparably Award for Best Company for Career Growth

28 Jul 21

Rent-A-Center, Inc. (NASDAQ:RCII) ("Rent-A-Center" or the "Company"), an industry-leading, omni-channel lease-to-own provider for the cash and credit constrained customer, has been ranked by Comparably as one of the top

Rent-A-Center Pledges $100,000 to the American Red Cross to Support Disaster Relief Efforts

12 Jul 21

Rent-A-Center, Inc. (NASDAQ:RCII) ("Rent-A-Center" or the "Company"), a leader in the lease-to-own industry, is proud to support the American Red Cross with a donation of $50,000 for disaster relief efforts across the

Rent-A-Center Raises Nearly $175,000 for Boys & Girls Clubs of America

29 Jun 21

Rent-A-Center Opens New Store in Edmond, Oklahoma

28 Jun 21

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

7 May 21

2 Aug 21

31 Dec 21

Financial summary

Financial statements Chart RCII financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	123.02M	123.02M	123.02M	123.02M	123.02M	123.02M
Cash burn (monthly)	12.14M	4.99M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	49.75M	20.45M	n/a	n/a	n/a	n/a
Cash remaining	73.27M	102.57M	n/a	n/a	n/a	n/a
Runway (months of cash)	6.0	20.5	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

RCII insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
13 Jul 21	Brown Jeffrey J	COMMON STOCK	Buy	Aquire P	Yes	No	52.76	282.26	14.89K	48,320
1 Jul 21	Transient C Taylor	COMMON STOCK	Grant	Aquire A	No	No	0	2,035	0	2,035
1 Jul 21	Brown Jeffrey J	Director Deferred Stock Unit Common	Grant	Aquire A	No	No	0	1,708	0	55,762
1 Jul 21	Hetrick Christopher B.	Director Deferred Stock Unit Common	Grant	Aquire A	No	No	0	721	0	33,208

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

RCII institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

74.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	263	248	+6.0%
Opened positions	51	40	+27.5%
Closed positions	36	37	-2.7%
Increased positions	73	82	-11.0%
Reduced positions	115	92	+25.0%

13F shares	Current	Prev Q	Change
Total value	2.85B	2.35B	+21.6%
Total shares	49.47M	50.46M	-2.0%
Total puts	319.1K	245.8K	+29.8%
Total calls	337.4K	406.3K	-17.0%
Total put/call ratio	0.9	0.6	+56.3%

Largest owners	Shares	Value	Change
BLK Blackrock	8.09M	$466.45M	+4.6%
Vanguard	6.97M	$401.94M	-3.4%
Engaged Capital	2.92M	$168.29M	0.0%
Renaissance Technologies	2.19M	$126.42M	-19.3%
Fuller & Thaler Asset Management	1.95M	$112.3M	-0.0%
FMR	1.82M	$104.71M	+204.2%
STT State Street	1.62M	$93.47M	-6.2%
Hood River Capital Management	1.33M	$76.94M	-8.9%
Dimensional Fund Advisors	1.3M	$74.89M	-5.7%
GS Goldman Sachs	1.1M	$63.71M	+12.7%

Largest transactions	Shares	Bought/sold	Change
FMR	1.82M	+1.22M	+204.2%
Norges Bank	0	-673.37K	EXIT
Renaissance Technologies	2.19M	-522.8K	-19.3%
Steamboat Capital Partners	431.81K	+431.81K	NEW
BLK Blackrock	8.09M	+354.35K	+4.6%
Kennedy Capital Management	348.73K	+348.73K	NEW
LSV Asset Management	1.03M	-270.74K	-20.8%
Vanguard	6.97M	-243.79K	-3.4%
Raymond James & Associates	334.65K	+205.89K	+159.9%
MNGPF Man	22.26K	-203.69K	-90.1%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

During the first three months of 2021, consolidated revenues increased approximately $334.8 million, primarily due to the acquisition of Acima Holdings and an increase in same store sales in our Rent-A-Center Business. Operating profit increased approximately $21.2 million for the three months ended March 31, 2021, primarily due to the increased operating profit of the Rent-A-Center Business and Acima segments, partially offset by one-time transaction and integration costs, stock compensation expense related to equity consideration subject to vesting conditions, and depreciation and amortization of acquired software and intangible assets related to the acquisition of Acima Holdings.
Revenues in our Rent-A-Center Business segment increased approximately $69.9 million for the three months ended March 31, 2021, primarily due to an increase in same store sales revenue driven by growth in e-commerce sales, and despite the impact of refranchising approximately 100 stores in California in the fourth quarter of 2020 which are no longer reflected in the Rent-A-Center Business segment revenues. Gross profit as a percentage of revenue decreased 1.4%. Operating profit increased $53.3 million for the three months ended March 31, 2021, driven primarily by increased operating leverage as a result of higher revenues and lower operating expenses.
The Acima segment revenues increased approximately $241.3 million for the three months ended March 31, 2021, driven primarily by the acquisition of Acima Holdings. Gross profit as a percent of revenue decreased 11.6%, while operating profit increased approximately $6.6 million for the three months ended March 31, 2021, driven by higher revenue due to the acquisition of Acima Holdings and stronger lease performance.

Content analysis

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From filing 10-Q 2021 Q1