Aaron’s (NYSE:PRG) Updates Q1 2026 Earnings Guidance

Aaron’s (NYSE:PRG) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.700-0.900 for the period, compared to the consensus estimate of 0.790. The company issued revenue guidance of $715.0 million-$745.0 million, compared to the consensus revenue estimate of $645.2 million. Aaron’s also updated its FY 2026 guidance to 4.000-4.450 EPS.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Aaron’s in a research report on Thursday, January 22nd. Wall Street Zen lowered shares of Aaron’s from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. BTIG Research raised shares of Aaron’s from a “sell” rating to a “neutral” rating and set a $31.00 price objective for the company in a research report on Friday, November 21st. B. Riley Financial initiated coverage on shares of Aaron’s in a research report on Tuesday, December 16th. They set a “buy” rating and a $50.00 price target on the stock. Finally, TD Cowen cut their target price on shares of Aaron’s from $41.00 to $38.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Aaron’s presently has an average rating of “Moderate Buy” and an average target price of $38.83.

Aaron’s Stock Performance

NYSE PRG opened at $35.46 on Wednesday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 2.65 and a current ratio of 4.74. The company has a market capitalization of $1.40 billion, a PE ratio of 9.09 and a beta of 1.73. Aaron’s has a 52-week low of $23.50 and a 52-week high of $37.58. The company has a 50-day simple moving average of $31.80 and a 200 day simple moving average of $31.73.

Aaron’s (NYSE:PRG) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.14. Aaron’s had a net margin of 6.54% and a return on equity of 22.36%. The firm had revenue of $525.36 million during the quarter, compared to analyst estimates of $581.82 million. During the same period in the previous year, the business earned $0.80 EPS. The business’s revenue for the quarter was down 5.2% on a year-over-year basis. 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, research analysts predict that Aaron’s will post 3.45 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of PRG. Royal Bank of Canada raised its position in shares of Aaron’s by 23.4% in the 1st quarter. Royal Bank of Canada now owns 35,910 shares of the company’s stock worth $955,000 after purchasing an additional 6,807 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Aaron’s by 5.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,363 shares of the company’s stock valued at $648,000 after purchasing an additional 1,162 shares during the last quarter. Millennium Management LLC boosted its stake in shares of Aaron’s by 62.7% in the 1st quarter. Millennium Management LLC now owns 673,405 shares of the company’s stock worth $17,913,000 after buying an additional 259,630 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Aaron’s by 5.4% in the first quarter. Goldman Sachs Group Inc. now owns 313,611 shares of the company’s stock worth $8,342,000 after acquiring an additional 16,126 shares during the period. Finally, Caxton Associates LLP purchased a new stake in Aaron’s during the first quarter valued at $233,000. Hedge funds and other institutional investors own 97.92% of the company’s stock.

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.