PROG Holdings
About: PROG Holdings Inc is a financial technology holding company that provides transparent and competitive payment options to consumers. The Company has two reportable segments: (i) Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and (ii) Vive Financial (Vive), an omnichannel provider of second-look revolving credit products. The majority of the revenue of the company is earned through the progressive leasing segment.
Employees: 1,606
0
Funds holding %
of 6,780 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
133% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 7 (+4) [Q3]
119% more call options, than puts
Call options by funds: $9.25M | Put options by funds: $4.22M
49% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 41
28% more capital invested
Capital invested by funds: $1.72B [Q2] → $2.21B (+$488M) [Q3]
7% more funds holding
Funds holding: 294 [Q2] → 314 (+20) [Q3]
0.35% more ownership
Funds ownership: 159.58% [Q2] → 159.94% (+0.35%) [Q3]
23% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 122
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$48
0%
upside
Avg. target
$55
15%
upside
High target
$60
25%
upside
4 analyst ratings
4 positive
100%
0 neutral
0%
0 negative
0%
Stephens & Co. Kyle Joseph 100% 1-year accuracy 3 / 3 met price target | 25%upside $60 | Overweight Initiated | 13 Nov 2024 |
Raymond James Bobby Griffin 56% 1-year accuracy 5 / 9 met price target | 0%upside $48 | Outperform Upgraded | 24 Oct 2024 |
Jefferies Kyle Joseph 100% 1-year accuracy 3 / 3 met price target | 21%upside $58 | Buy Maintained | 1 Oct 2024 |
Keybanc Bradley Thomas 93% 1-year accuracy 13 / 14 met price target | 15%upside $55 | Overweight Maintained | 10 Sept 2024 |
Financial journalist opinion
Neutral
Business Wire
2 weeks ago
PROG Holdings Appoints Two New Independent Directors to Board
SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, today announced the appointment of Robert Julian and Daniela Mielke to its Board of Directors. “Robert and Daniela are recognized leaders in industries that are especially relevant to PROG Holdings. Robert's consumer retail and e-commerce financial expertise, as well as Daniela's leadership in digital payments, fintech and e-commerce.
Neutral
Business Wire
3 weeks ago
PROG Holdings, Inc. Declares Dividend
SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, announced today its Board of Directors declared a quarterly cash dividend of $0.12 per share of common stock, payable on December 3, 2024, to shareholders of record as of the close of business on November 19, 2024. About PROG Holdings, Inc. PROG Holdings, Inc. (NYSE:PRG) is a fintech holding company headquartered in Salt Lake City, U.
Neutral
Seeking Alpha
1 month ago
PROG Holdings, Inc. (PRG) Q3 2024 Earnings Call Transcript
PROG Holdings, Inc. (NYSE:PRG ) Q3 2024 Earnings Conference Call October 23, 2024 8:30 AM ET Company Participants John Baugh - Vice President, Investor Relations Steve Michaels - President and Chief Executive Officer Brian Garner - Chief Financial Officer Conference Call Participants Brad Thomas - KeyBanc John Hecht - Jefferies Anthony Chukumba - Loop Capital Markets Hoang Nguyen - T.D. Cowen Bobby Griffin - Raymond James Vincent Caintic - BTIG Operator Good day and thank you for standing by.
Positive
Zacks Investment Research
1 month ago
PROG Holdings (PRG) Surpasses Q3 Earnings and Revenue Estimates
PROG Holdings (PRG) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.90 per share a year ago.
Neutral
Business Wire
1 month ago
PROG Holdings Reports Third Quarter 2024 Results
SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build today announced financial results for the third quarter ended September 30, 2024. "We are pleased to report another strong quarter, highlighted by 11.6% GMV growth and a return to revenue growth in our Progressive Leasing segment" said PROG Holdings President and CEO Steve Michaels. This momentum is driven by the effectiveness of our.
Neutral
Business Wire
2 months ago
PROG Holdings, Inc. to Release Third Quarter 2024 Financial Results on October 23, 2024
SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, is scheduled to release financial results for the third quarter of 2024 on Wednesday, October 23, 2024 prior to the market open. The company has also scheduled a live webcast for October 23, 2024 at 8:30 A.M. ET to discuss its financial results for the third quarter of 2024. The webcast can be accessed via the below link, or through.
Neutral
Business Wire
2 months ago
Progressive Leasing and Best Buy Leaders Featured on Panel to Discuss Financial Inclusion Trends at Merchant Advisory Group Payments Conference
SALT LAKE CITY--(BUSINESS WIRE)--Progressive Leasing, a leading provider of e-commerce, app-based, and in-store lease-to-own solutions owned by fintech holding company PROG Holdings, Inc. (NYSE:PRG), will be featured alongside Best Buy, ChargeAfter and other leaders in the retail and payments industry at the 2024 MAG Payments Conference September 16-19 in Orlando, Florida. Session Name: Check Your Balances: How Financial Inclusion is Defining a Generation Panel Participants: Nathan Roe, Chief C.
Neutral
Zacks Investment Research
2 months ago
Is the Options Market Predicting a Spike in PROG Holdings (PRG) Stock?
Investors need to pay close attention to PROG Holdings (PRG) stock based on the movements in the options market lately.
Positive
Zacks Investment Research
2 months ago
Fast-paced Momentum Stock PROG Holdings (PRG) Is Still Trading at a Bargain
PROG Holdings (PRG) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Positive
Zacks Investment Research
3 months ago
Has Prog Holdings (PRG) Outpaced Other Finance Stocks This Year?
Here is how PROG Holdings (PRG) and Arthur J. Gallagher (AJG) have performed compared to their sector so far this year.
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