Brokerages Set Aaron’s Holdings Company, Inc. (NYSE:PRG) PT at $38.83

Aaron’s Holdings Company, Inc. (NYSE:PRG) has earned a consensus recommendation of “Buy” from the seven brokerages that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $40.80.

Several brokerages have weighed in on PRG. Wall Street Zen raised Aaron’s from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Zacks Research raised shares of Aaron’s from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. B. Riley Financial began coverage on shares of Aaron’s in a research report on Tuesday, December 16th. They set a “buy” rating and a $50.00 target price for the company. Weiss Ratings restated a “hold (c)” rating on shares of Aaron’s in a research report on Thursday, January 22nd. Finally, TD Cowen decreased their price objective on Aaron’s from $41.00 to $38.00 and set a “buy” rating for the company in a research note on Thursday, January 8th.

Institutional Investors Weigh In On Aaron’s

Several hedge funds have recently bought and sold shares of the company. DGS Capital Management LLC grew its holdings in shares of Aaron’s by 34.5% in the 4th quarter. DGS Capital Management LLC now owns 107,926 shares of the company’s stock valued at $3,183,000 after buying an additional 27,691 shares during the period. Vident Advisory LLC lifted its holdings in Aaron’s by 17.2% during 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 grew its stake in Aaron’s by 6.7% in the fourth quarter. State of Tennessee Department of Treasury now owns 26,887 shares of the company’s stock valued at $872,000 after acquiring an additional 1,680 shares during the period. Mackenzie Financial Corp grew its stake in Aaron’s by 18.8% in the fourth quarter. Mackenzie Financial Corp now owns 72,343 shares of the company’s stock valued at $2,186,000 after acquiring an additional 11,435 shares during the period. Finally, Empowered Funds LLC increased its holdings in shares of Aaron’s by 9.8% in the fourth quarter. Empowered Funds LLC now owns 133,730 shares of the company’s stock worth $3,944,000 after acquiring an additional 11,912 shares in the last quarter. 97.92% of the stock is currently owned by institutional investors and hedge funds.

Aaron’s Stock Performance

Shares of Aaron’s stock opened at $35.22 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 4.71 and a quick ratio of 2.32. The firm has a 50 day simple moving average of $32.97 and a 200 day simple moving average of $32.07. Aaron’s has a fifty-two week low of $23.50 and a fifty-two week high of $41.14. The firm has a market cap of $1.39 billion, a P/E ratio of 9.78 and a beta of 1.73.

Aaron’s (NYSE:PRG) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.14. The firm had revenue of $525.36 million for the quarter, compared to analyst estimates of $581.82 million. Aaron’s had a return on equity of 20.99% and a net margin of 5.97%.The business’s quarterly revenue was down 5.2% compared to the same quarter last year. During the same period last year, the company earned $0.80 EPS. 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. Sell-side analysts predict that Aaron’s will post 3.45 earnings per share for the current fiscal 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 given 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 1.6%. This is a positive change from Aaron’s’s previous quarterly dividend of $0.13. Aaron’s’s dividend payout ratio is 14.44%.

Aaron’s Company Profile

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.