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

Aaron’s (NYSE:PRG) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.700-0.900 for the period, compared to the consensus EPS 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 Upgrades and Downgrades

Several research firms have issued reports on PRG. TD Cowen dropped their target price on Aaron’s from $41.00 to $38.00 and set a “buy” rating on the stock in a research report on Thursday, January 8th. Wall Street Zen downgraded Aaron’s from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. B. Riley Financial started coverage on Aaron’s in a research report on Tuesday, December 16th. They issued a “buy” rating and a $50.00 price objective for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Aaron’s in a report on Thursday, January 22nd. Finally, BTIG Research upgraded shares of Aaron’s from a “sell” rating to a “neutral” rating and set a $31.00 target price on the stock in a research report on Friday, November 21st. One equities research 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 data from MarketBeat, Aaron’s currently has a consensus rating of “Moderate Buy” and a consensus target price of $38.83.

Aaron’s Price Performance

NYSE PRG traded up $0.68 during trading hours on Wednesday, reaching $34.55. The company’s stock had a trading volume of 113,177 shares, compared to its average volume of 408,758. The company’s 50-day moving average is $31.80 and its two-hundred day moving average is $31.73. The company has a debt-to-equity ratio of 0.85, a quick ratio of 2.65 and a current ratio of 4.74. Aaron’s has a fifty-two week low of $23.50 and a fifty-two week high of $37.58. The stock has a market cap of $1.37 billion, a PE ratio of 8.77 and a beta of 1.73.

Aaron’s (NYSE:PRG) last issued its earnings results on Wednesday, February 18th. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.60 by $0.14. The business had revenue of $525.36 million during the quarter, compared to analysts’ expectations of $581.82 million. Aaron’s had a return on equity of 22.36% and a net margin of 6.54%.Aaron’s’s revenue was down 5.2% compared to the same quarter last year. During the same quarter last year, the firm 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. Analysts forecast that Aaron’s will post 3.45 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PRG. Quarry LP lifted its position in Aaron’s by 82.8% in the 4th quarter. Quarry LP now owns 1,117 shares of the company’s stock worth $33,000 after buying an additional 506 shares in the last quarter. WealthCollab LLC increased its stake in shares of Aaron’s by 28.1% in the third quarter. WealthCollab LLC now owns 2,680 shares of the company’s stock worth $87,000 after acquiring an additional 588 shares during the last quarter. Swiss National Bank raised its holdings in shares of Aaron’s by 0.9% during the third quarter. Swiss National Bank now owns 78,200 shares of the company’s stock worth $2,531,000 after acquiring an additional 700 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in 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. Finally, Vident Advisory LLC grew its stake in Aaron’s by 7.7% in the third quarter. Vident Advisory LLC now owns 18,880 shares of the company’s stock valued at $611,000 after purchasing an additional 1,349 shares in the last quarter. 97.92% of the stock is owned by hedge funds and other institutional investors.

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.