Aaron’s Holdings Company, Inc. (NYSE:PRG) Given Consensus Rating of “Buy” by Brokerages

Shares of Aaron’s Holdings Company, Inc. (NYSE:PRG) have received a consensus recommendation of “Buy” from the seven analysts that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $41.80.

Several analysts have recently issued reports on the company. Zacks Research raised Aaron’s from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. TD Cowen upped their price objective on shares of Aaron’s from $42.00 to $43.00 and gave the stock a “buy” rating in a research report on Wednesday, March 11th. Wall Street Zen upgraded shares of Aaron’s from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. BTIG Research raised shares of Aaron’s from a “sell” rating to a “neutral” rating and set a $31.00 target price on the stock in a report on Friday, November 21st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Aaron’s in a research report on Thursday, January 22nd.

Institutional Investors Weigh In On Aaron’s

Several institutional investors and hedge funds have recently added to or reduced their stakes in PRG. Quarry LP boosted its holdings in shares of Aaron’s by 82.8% in the 4th quarter. Quarry LP now owns 1,117 shares of the company’s stock valued at $33,000 after purchasing an additional 506 shares in the last quarter. Federation des caisses Desjardins du Quebec acquired a new position in shares of Aaron’s during the 4th quarter worth $44,000. GAMMA Investing LLC lifted its position in shares of Aaron’s by 45.3% during the 4th quarter. GAMMA Investing LLC now owns 1,806 shares of the company’s stock worth $53,000 after buying an additional 563 shares during the last quarter. WealthCollab LLC lifted its position in shares of Aaron’s by 61.9% during the 2nd quarter. WealthCollab LLC now owns 2,092 shares of the company’s stock worth $61,000 after buying an additional 800 shares during the last quarter. Finally, CWM LLC boosted its stake in Aaron’s by 85.1% in the third quarter. CWM LLC now owns 5,258 shares of the company’s stock valued at $170,000 after buying an additional 2,417 shares in the last quarter. 97.92% of the stock is currently owned by institutional investors.

Aaron’s Stock Down 3.4%

NYSE PRG opened at $28.07 on Thursday. The company has a current ratio of 4.71, a quick ratio of 2.32 and a debt-to-equity ratio of 0.80. The company has a market cap of $1.11 billion, a price-to-earnings ratio of 7.80 and a beta of 1.71. The company has a 50 day moving average of $33.20 and a 200-day moving average of $31.79. Aaron’s has a 1-year low of $23.50 and a 1-year high of $41.14.

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 the consensus estimate of $581.82 million. Aaron’s had a return on equity of 20.99% and a net margin of 5.97%.The firm’s quarterly revenue was down 5.2% compared to the same quarter last year. During the same quarter in the prior 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, equities research analysts expect that Aaron’s will post 3.45 earnings per share for the current fiscal year.

Aaron’s Increases Dividend

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