Rent-A-Center is a holding company. Through its subsidiaries, Co. provides a service for consumers to obtain ownership of products under a lease-purchase agreement with no long-term debt obligation. Co.'s segments are: Acima, which provides the lease-to-own transaction to consumers who do not qualify for financing from the retailer; Rent-A-Center Business, which operates retail installment sales stores under the names Get It Now and Home Choice; Mexico, which consists of its company-owned lease-to-own stores in Mexico; and Franchising, which sells rental merchandise to its franchisees who, in turn, provide the merchandise to the public for rent or purchase under a lease-to-own transaction.
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Buy (3.12 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: RCII Stock Forecast Based on Zacks ABR data; powered by Xignite |