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RCII - Rent-A-Center: Defending My Long Position
March, 21 2022 03:19 AM
Rent-A-Center Inc.
The recent uptick in loss rates has forced the company to tighten its underwriting policy thereby limiting topline growth for 2022. 2022 is now expected to be an adjustment period as the company deleverages and aims for quality growth while limiting its loss rate. The company has recently increased both its dividend and stock buyback plan. Recent insider buying should maintain confidence for long-term investors. For further details see:
Rent-A-Center: Defending My Long Position
Stock Information
Company Name:
Rent-A-Center Inc.
Stock Symbol:
RCII
Market:
NASDAQ
Website:
rentacenter.com
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