RCII News and Press, Rent-A-Center Inc. From 01/12/21

Campaign Marks Company’s 18th Year Supporting Hunger Relief Employees at Rent-A-Center, Inc. (RAC) recently joined forces for their 18 th annual fundraiser to support North Texas Food Bank (NTFB), a nonprofit hunger-relief organization that provides access...

Thanks to the COVID-19 pandemic, 2020 has been a great year for growth stocks, whereas value stocks have struggled to bounce back since the March market correction. However, the emergence of effective coronavirus vaccines last month has triggered a big shift by investors out of pricey growth ...

Loop Capital Markets raises its rating on Rent-A-Center (RCII) to a Buy rating from Hold after seeing upside for the company from the deal to acquire Acima. The deal is seen helping Rent-A-Center compete for national accounts. The firm hikes its price target to $50 from $34 vs. the average Wa...

Shares of Rent-A-Center (NASDAQ: RCII) jumped more than 10% by 10:45 p.m. EST on Monday. Driving up the stock of the lease-to-own provider was the expansion of its fintech platform via the acquisition of Acima. Rent-A-Center is paying $1.65 billion in c...

Rent-A-Center (RCII) agrees to acquire online lease-to-own provider Acima Holdings in a cash-and-stock deal valued at $1.65B.Total consideration consists of $1.27B in cash and ~10.8M Rent-A-Center common shares currently valued at $377M.Acima, which provides financing for rent-to-own customer...

Acima operates in over 15,000 active retail partner locations and e-commerce platforms with approximately $1.25 billion in revenue and $225 million in adjusted EBITDA expected for 2020 $1.65 billion cash and stock transaction that expands Rent-A-Center’s position as a p...

Rent-A-Center, Inc. (NASDAQ: RCII) (“Rent-A-Center” or the “Company”), a leader in the lease-to-own industry, has been ranked as one of the top 50 large companies across North America with the Best Company Culture for 2020, according to Comparably, a leading ...

Rent-A-Center (RCII) declares $0.31/share quarterly dividend, 6.9% increase from prior dividend of $0.29.Forward yield 3.6%Payable Jan. 12; for shareholders of record Dec. 15; ex-div Dec. 14.See RCII Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Rent-A...

Rent-A-Center, Inc. (the “Company”) (NASDAQ/NGS: RCII) announced that its Board of Directors has approved an increased quarterly cash dividend of $0.31 per share for the first quarter of 2021. The dividend will be paid on January 12, 2021 to the Company’s common sto...

Rent-A-Center is having a solid year after years of mediocre performance. Long term, the picture probably isn't all that spectacular for the firm, but it does generate nice cash flow. Despite shares soaring earlier this year, the business looks almost too cheap to ignore. Fo...