Aaron’s Holdings Company, Inc. (NYSE:PRG) Receives $41.80 Average PT from Analysts

Shares of Aaron’s Holdings Company, Inc. (NYSE:PRG) have earned an average recommendation of “Buy” from the seven research firms that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $41.80.

Several research firms have recently commented on PRG. TD Cowen raised their price target on Aaron’s from $42.00 to $43.00 and gave the company a “buy” rating in a report on Wednesday, March 11th. Zacks Research raised Aaron’s from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aaron’s in a research note on Thursday, January 22nd. B. Riley Financial started coverage on shares of Aaron’s in a report on Tuesday, December 16th. They issued a “buy” rating and a $50.00 price target for the company. Finally, Wall Street Zen raised shares of Aaron’s from a “hold” rating to a “buy” rating in a report on Saturday, February 21st.

Institutional Trading of Aaron’s

Institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. raised its stake in shares of Aaron’s by 436.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,824,091 shares of the company’s stock worth $53,792,000 after buying an additional 1,483,751 shares during the last quarter. State Street Corp grew its stake in Aaron’s by 5.6% in the 4th quarter. State Street Corp now owns 1,679,355 shares of the company’s stock valued at $49,524,000 after acquiring an additional 89,035 shares during the last quarter. Allianz Asset Management GmbH increased its holdings in Aaron’s by 18.9% during the 3rd quarter. Allianz Asset Management GmbH now owns 1,187,509 shares of the company’s stock valued at $38,428,000 after acquiring an additional 188,835 shares in the last quarter. LSV Asset Management increased its holdings in Aaron’s by 37.7% during the 4th quarter. LSV Asset Management now owns 1,159,874 shares of the company’s stock valued at $34,205,000 after acquiring an additional 317,600 shares in the last quarter. Finally, UBS Group AG raised its position in Aaron’s by 102.4% during the third quarter. UBS Group AG now owns 823,663 shares of the company’s stock worth $26,654,000 after acquiring an additional 416,658 shares during the last quarter. 97.92% of the stock is currently owned by hedge funds and other institutional investors.

Aaron’s Stock Up 3.3%

Shares of Aaron’s stock opened at $28.66 on Thursday. Aaron’s has a one year low of $23.50 and a one year high of $41.14. The company has a market cap of $1.13 billion, a P/E ratio of 7.96 and a beta of 1.71. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.32 and a current ratio of 4.71. The firm has a fifty day moving average of $32.99 and a two-hundred day moving average of $31.61.

Aaron’s (NYSE:PRG) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.14. The business had revenue of $525.36 million for the quarter, compared to analyst estimates of $581.82 million. Aaron’s had a net margin of 5.97% and a return on equity of 20.99%. The business’s revenue was down 5.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.80 earnings per share. 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, analysts forecast that Aaron’s will post 3.45 earnings per share for the current year.

Aaron’s Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Thursday, March 12th will be issued a $0.14 dividend. The ex-dividend date is Thursday, March 12th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.0%. This is an increase from Aaron’s’s previous quarterly dividend of $0.13. Aaron’s’s payout ratio is currently 15.56%.

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.