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Last $27.91 USD
Change Today -0.14 / -0.50%
Volume 736.6K
RCII On Other Exchanges
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

rent-a-center inc (RCII) Key Developments

Rent-A-Center, Inc. Declares Quarterly Cash Dividend, Payable on July 23, 2015

Rent-A-Center, Inc. announced that its board of directors has declared a quarterly cash dividend of $0.24 per share on its common stock. The dividend will be payable on July 23, 2015, to common stockholders of record as of the close of business on July 2, 2015.

Rent-A-Center, Inc. Presents at Stephens Spring Investment Conference 2015, Jun-02-2015 11:00 AM

Rent-A-Center, Inc. Presents at Stephens Spring Investment Conference 2015, Jun-02-2015 11:00 AM. Venue: New York Palace Hotel, 455 Madison Avenue, New York, New York, United States.

Rent-A-Center, Inc. Promotes Jonathan Parks to Vice President of Global Logistics and Distribution

Rent-A-Center, Inc. announced the promotion of Jonathan Parks to vice president of global logistics and distribution. Reporting to John Butler, Rent-A-Center senior vice president, supply chain, Parks is responsible for the design, management and optimization of distribution and logistics operations both internationally and domestically. Parks joined Rent-A-Center in 2010 as a member of the strategic-planning team and was quickly promoted to director of distribution and logistics. In 2014 Parks was promoted to senior director of distribution and logistics. Prior to joining Rent-A-Center, Parks held similar logistics positions with The Container Store and UPS where he was responsible for various business functions including process development and improvement, training and forecasting.

Rent-A-Center Promotes Mitch Jones to Vice President Operations Support

Rent-A-Center, Inc. announced the promotion of Mitch Jones to vice president of operations support. Reporting to Jeff White, Rent-A-Center executive vice president of domestic rent-to-own, Jones is responsible for leading the day-to-day support of Rent-A-Center’s core rent-to-own operations. Additional duties include oversight of initiatives tied to operational improvement, cost savings, and technological enhancements. After joining Rent-A-Center in 2002 as a store manager, Jones was promoted to district manager the following year. In 2009, Jones moved to Rent-A-Center’s field support center where he was named senior manager of strategic planning. Jones quickly ascended the corporate ladder, holding positions including director of strategic planning and senior director of strategic initiatives.

Aaron's Reportedly Thwarts Rent-A-Center's Approaches

Aaron's, Inc. (NYSE:AAN) turned down several informal takeover approaches in the last 12 months from Rent-A-Center, Inc. (NasdaqGS:RCII), according to people familiar with the matter. The sources added that Rent-A-Center's took place earlier this year but did not lead to serious discussions between the two companies. Aaron's opposed the approaches as it favors its standalone prospects and does not view Rent-A-Center's stock as a valuable acquisition currency. The sources added that there are currently no active talks between the companies. A representative for Aaron's declined to comment while Rent-A-Center did not immediately respond to requests for comment, Reuters added.


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Valuation RCII Industry Range
Price/Earnings 15.4x
Price/Sales 0.5x
Price/Book 1.1x
Price/Cash Flow 8.1x
TEV/Sales 0.2x

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