PROG (PRG) Projected to Post Quarterly Earnings on Wednesday

PROG (NYSE:PRG) is expected to be issuing its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to post earnings of $0.96 per share and revenue of $713.4950 million for the quarter. PROG has set its Q2 2026 guidance at 1.050-1.050 EPS. Interested persons may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 8:30 AM ET.

PROG (NYSE:PRG) last announced its quarterly earnings data on Wednesday, April 29th. The fintech holding company reported $1.24 EPS for the quarter, beating the consensus estimate of $0.78 by $0.46. PROG had a return on equity of 21.94% and a net margin of 5.88%.The business had revenue of $742.67 million for the quarter, compared to the consensus estimate of $732.70 million. During the same period in the previous year, the business earned $0.90 earnings per share. The business’s revenue was up 11.1% on a year-over-year basis. On average, analysts expect PROG to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

PROG Trading Down 1.1%

Shares of PRG opened at $43.23 on Tuesday. The firm has a market cap of $1.73 billion, a P/E ratio of 11.81 and a beta of 1.78. The company has a debt-to-equity ratio of 1.21, a current ratio of 4.27 and a quick ratio of 2.41. PROG has a 1 year low of $25.80 and a 1 year high of $47.73. The company has a 50 day simple moving average of $40.36 and a two-hundred day simple moving average of $35.12.

PROG Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 19th were issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Tuesday, May 19th. PROG’s payout ratio is currently 15.30%.

Wall Street Analysts Forecast Growth

PRG has been the topic of a number of recent research reports. Weiss Ratings raised shares of PROG from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. TD Cowen lifted their price target on shares of PROG from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. Raymond James Financial reiterated an “outperform” rating and set a $45.00 price target on shares of PROG in a report on Thursday, April 30th. Loop Capital lowered shares of PROG from a “buy” rating to a “hold” rating and set a $48.00 price objective on the stock. in a research report on Wednesday, July 1st. Finally, Wall Street Zen downgraded shares of PROG from a “strong-buy” rating to a “buy” rating in a research note on Sunday, June 14th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $47.36.

Institutional Trading of PROG

Several institutional investors and hedge funds have recently modified their holdings of PRG. Goldman Sachs Group Inc. grew its position in shares of PROG by 436.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,824,091 shares of the fintech holding company’s stock worth $53,792,000 after buying an additional 1,483,751 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of PROG by 451.1% in the third quarter. First Trust Advisors LP now owns 702,781 shares of the fintech holding company’s stock valued at $22,742,000 after acquiring an additional 575,255 shares in the last quarter. UBS Group AG raised its holdings in shares of PROG by 102.4% in the third quarter. UBS Group AG now owns 823,663 shares of the fintech holding company’s stock valued at $26,654,000 after acquiring an additional 416,658 shares in the last quarter. Millennium Management LLC lifted its stake in PROG by 62.7% in the first quarter. Millennium Management LLC now owns 673,405 shares of the fintech holding company’s stock worth $17,913,000 after acquiring an additional 259,630 shares during the period. Finally, Two Sigma Investments LP lifted its stake in PROG by 125.3% in the third quarter. Two Sigma Investments LP now owns 201,701 shares of the fintech holding company’s stock worth $6,527,000 after acquiring an additional 112,163 shares during the period. Institutional investors own 97.92% of the company’s stock.

PROG Company Profile

PROG Holdings, Inc, 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.