Aaron’s (NYSE:PRG) Issues FY 2026 Earnings Guidance

Aaron’s (NYSE:PRG) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 4.000-4.450 for the period, compared to the consensus earnings per share estimate of 3.550. The company issued revenue guidance of $3.0 billion-$3.1 billion, compared to the consensus revenue estimate of $2.7 billion. Aaron’s also updated its Q1 2026 guidance to 0.700-0.900 EPS.

Aaron’s Stock Up 4.7%

PRG stock opened at $35.46 on Wednesday. The company has a market cap of $1.40 billion, a price-to-earnings ratio of 9.09 and a beta of 1.73. Aaron’s has a twelve month low of $23.50 and a twelve month high of $37.58. The business has a 50 day moving average price of $31.80 and a two-hundred day moving average price of $31.73. The company has a quick ratio of 2.65, a current ratio of 4.74 and a debt-to-equity ratio of 0.85.

Aaron’s (NYSE:PRG) last released its quarterly earnings data on Wednesday, February 18th. The company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.60 by $0.14. Aaron’s had a return on equity of 22.36% and a net margin of 6.54%.The company had revenue of $525.36 million during the quarter, compared to the consensus estimate of $581.82 million. During the same quarter in the prior year, the firm posted $0.80 EPS. The firm’s revenue for the quarter was down 5.2% compared to the same quarter last year. 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. Analysts anticipate that Aaron’s will post 3.45 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Aaron’s in a research note on Thursday, January 22nd. Wall Street Zen downgraded 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 target for the company in a report on Friday, November 21st. B. Riley Financial began coverage on shares of Aaron’s in a research note on Tuesday, December 16th. They issued a “buy” rating and a $50.00 price objective on the stock. Finally, TD Cowen reduced their target price on Aaron’s from $41.00 to $38.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $38.83.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Quarry LP increased its holdings in Aaron’s by 82.8% during the fourth quarter. Quarry LP now owns 1,117 shares of the company’s stock worth $33,000 after buying an additional 506 shares during the last quarter. Federation des caisses Desjardins du Quebec purchased a new stake in shares of Aaron’s during the 4th quarter worth approximately $44,000. WealthCollab LLC raised its holdings in shares of Aaron’s by 61.9% in the 2nd quarter. WealthCollab LLC now owns 2,092 shares of the company’s stock worth $61,000 after purchasing an additional 800 shares during the period. Aquatic Capital Management LLC purchased a new position in Aaron’s in the third quarter valued at approximately $204,000. Finally, iSAM Funds UK Ltd bought a new position in Aaron’s during the third quarter valued at $209,000. 97.92% of the stock is owned by institutional investors and hedge funds.

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.