Aaron’s (NYSE:PRG) Releases Q2 2026 Earnings Guidance

Aaron’s (NYSE:PRG) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.050-1.050 for the period, compared to the consensus estimate of 1.080. The company issued revenue guidance of $700.0 million-$725.0 million, compared to the consensus revenue estimate of $725.7 million.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Zacks Research lowered shares of Aaron’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. TD Cowen boosted their price target on shares of Aaron’s from $42.00 to $43.00 and gave the company a “buy” rating in a research report on Wednesday, March 11th. Weiss Ratings restated a “hold (c)” rating on shares of Aaron’s in a research report on Thursday, January 22nd. Finally, Wall Street Zen upgraded shares of Aaron’s from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $41.33.

Aaron’s Price Performance

NYSE:PRG traded up $6.94 during midday trading on Wednesday, hitting $35.82. The company had a trading volume of 1,309,633 shares, compared to its average volume of 507,465. Aaron’s has a 52-week low of $25.58 and a 52-week high of $41.14. The stock’s fifty day moving average price is $31.26 and its 200-day moving average price is $30.89. The company has a market capitalization of $1.42 billion, a PE ratio of 9.95 and a beta of 1.81. The company has a quick ratio of 2.32, a current ratio of 4.71 and a debt-to-equity ratio of 0.80.

Aaron’s (NYSE:PRG) last announced its earnings results on Wednesday, April 29th. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.46. Aaron’s had a net margin of 5.97% and a return on equity of 20.99%. The company had revenue of $742.67 million during the quarter, compared to analyst estimates of $726.96 million. During the same period in the previous year, the business earned $0.90 earnings per share. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. Aaron’s has set its Q2 2026 guidance at 1.050-1.050 EPS. As a group, research analysts expect that Aaron’s will post 4.21 earnings per share for the current year.

Aaron’s Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Thursday, March 12th were given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 1.6%. This is a boost from Aaron’s’s previous quarterly dividend of $0.13. The ex-dividend date was Thursday, March 12th. Aaron’s’s dividend payout ratio (DPR) is presently 15.56%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vident Advisory LLC grew its position in Aaron’s by 17.2% in the fourth quarter. Vident Advisory LLC now owns 22,133 shares of the company’s stock worth $653,000 after acquiring an additional 3,253 shares in the last quarter. State of Tennessee Department of Treasury boosted its position in Aaron’s by 6.7% during the fourth quarter. State of Tennessee Department of Treasury now owns 26,887 shares of the company’s stock valued at $872,000 after buying an additional 1,680 shares during the period. Mackenzie Financial Corp boosted its position in Aaron’s by 18.8% during the fourth quarter. Mackenzie Financial Corp now owns 72,343 shares of the company’s stock valued at $2,186,000 after buying an additional 11,435 shares during the period. Empowered Funds LLC boosted its position in Aaron’s by 9.8% during the fourth quarter. Empowered Funds LLC now owns 133,730 shares of the company’s stock valued at $3,944,000 after buying an additional 11,912 shares during the period. Finally, XTX Topco Ltd purchased a new stake in Aaron’s during the fourth quarter valued at about $395,000. 97.92% of the stock is currently owned by hedge funds and other institutional investors.

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.