Analysts expect that Aaron’s, Inc. (NYSE:AAN) will post $0.58 earnings per share for the current fiscal quarter, according to Zacks. Six analysts have provided estimates for Aaron’s, ‘s earnings, with the highest EPS estimate coming in at $0.65 and the lowest estimate coming in at $0.46. Aaron’s, reported earnings per share of $0.59 during the same quarter last year, which would suggest a negative year-over-year growth rate of 1.7%. The firm is scheduled to report its next quarterly earnings results before the market opens on Friday, July 28th.

On average, analysts expect that Aaron’s, will report full-year earnings of $2.41 per share for the current fiscal year, with EPS estimates ranging from $2.34 to $2.52. For the next financial year, analysts expect that the company will post earnings of $2.72 per share, with EPS estimates ranging from $2.55 to $3.07. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Aaron’s, .

Aaron’s, (NYSE:AAN) last posted its quarterly earnings data on Friday, April 28th. The company reported $0.80 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.14. Aaron’s, had a net margin of 4.47% and a return on equity of 11.81%. The company had revenue of $844.60 million for the quarter, compared to analyst estimates of $830.44 million. During the same period in the prior year, the company posted $0.71 EPS. The firm’s revenue for the quarter was down 1.1% on a year-over-year basis.

A number of analysts recently weighed in on the stock. BidaskClub cut shares of Aaron’s, from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 7th. Zacks Investment Research upgraded shares of Aaron’s, from a “hold” rating to a “strong-buy” rating and set a $42.00 price target for the company in a research note on Tuesday, May 2nd. Jefferies Group LLC increased their price target on shares of Aaron’s, from $34.00 to $42.00 and gave the stock a “buy” rating in a research note on Monday, May 1st. TheStreet upgraded shares of Aaron’s, from a “c+” rating to a “b-” rating in a research note on Monday, April 24th. Finally, Loop Capital restated a “hold” rating and issued a $28.00 target price on shares of Aaron’s, in a research note on Sunday, April 23rd. Three analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Aaron’s, has an average rating of “Buy” and an average target price of $38.00.

In other news, CAO Robert W. Kamerschen sold 5,000 shares of the firm’s stock in a transaction on Wednesday, May 3rd. The shares were sold at an average price of $37.39, for a total value of $186,950.00. Following the completion of the sale, the chief accounting officer now owns 31,999 shares in the company, valued at approximately $1,196,442.61. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO John W. Robinson sold 15,000 shares of the firm’s stock in a transaction on Tuesday, May 2nd. The stock was sold at an average price of $36.80, for a total transaction of $552,000.00. Following the completion of the sale, the chief executive officer now owns 363,440 shares of the company’s stock, valued at approximately $13,374,592. The disclosure for this sale can be found here. 1.93% of the stock is currently owned by company insiders.

Several hedge funds have recently added to or reduced their stakes in AAN. Capstone Asset Management Co. boosted its stake in Aaron’s, by 0.3% in the first quarter. Capstone Asset Management Co. now owns 10,684 shares of the company’s stock valued at $318,000 after buying an additional 30 shares during the period. Meadow Creek Investment Management LLC boosted its stake in Aaron’s, by 5.0% in the first quarter. Meadow Creek Investment Management LLC now owns 3,556 shares of the company’s stock valued at $106,000 after buying an additional 168 shares during the period. Glen Harbor Capital Management LLC boosted its stake in Aaron’s, by 5.0% in the first quarter. Glen Harbor Capital Management LLC now owns 4,318 shares of the company’s stock valued at $128,000 after buying an additional 204 shares during the period. UBS Group AG boosted its stake in Aaron’s, by 0.6% in the first quarter. UBS Group AG now owns 44,095 shares of the company’s stock valued at $1,311,000 after buying an additional 255 shares during the period. Finally, Oregon Public Employees Retirement Fund boosted its stake in Aaron’s, by 1.3% in the first quarter. Oregon Public Employees Retirement Fund now owns 22,664 shares of the company’s stock valued at $674,000 after buying an additional 300 shares during the period. Institutional investors own 99.83% of the company’s stock.

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Aaron’s, (AAN) traded down 0.20% during mid-day trading on Monday, reaching $39.70. 797,616 shares of the company were exchanged. The company has a 50 day moving average of $38.89 and a 200-day moving average of $33.21. The company has a market capitalization of $2.81 billion, a price-to-earnings ratio of 20.18 and a beta of 0.14. Aaron’s, has a 1-year low of $21.50 and a 1-year high of $40.59.

The company also recently announced a quarterly dividend, which was paid on Monday, July 3rd. Stockholders of record on Tuesday, June 27th were paid a $0.0275 dividend. This represents a $0.11 annualized dividend and a dividend yield of 0.28%. The ex-dividend date of this dividend was Friday, June 23rd. Aaron’s, ‘s dividend payout ratio (DPR) is presently 5.58%.

Aaron’s, Company Profile

Aaron’s, Inc (Aaron’s) is an omnichannel provider of lease-purchase solutions. The Company engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances and accessories through its Company-operated and franchised stores in Canada, as well as its e-commerce platform, Aarons.com.

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Earnings History and Estimates for Aaron`s,  (NYSE:AAN)

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