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: Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and 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: 1,403
0
Funds holding %
of 7,323 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
73% more call options, than puts
Call options by funds: $1.35M | Put options by funds: $779K
15% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 86
1.59% less ownership
Funds ownership: 98.39% [Q4 2024] → 96.8% (-1.59%) [Q1 2025]
5% less funds holding
Funds holding: 264 [Q4 2024] → 252 (-12) [Q1 2025]
14% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 44
33% less funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 2 (-1) [Q1 2025]
39% less capital invested
Capital invested by funds: $1.73B [Q4 2024] → $1.05B (-$676M) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$24
26%
downside
Avg. target
$24
26%
downside
High target
$24
26%
downside
1 analyst rating
0 positive
0%
0 neutral
0%
1 negative
100%
BTIG Vincent Ciantic | 26%downside $24 | Sell Downgraded | 14 Jul 2025 |
Financial journalist opinion
Based on 5 articles about PRG published over the past 30 days
Positive
Zacks Investment Research
5 days ago
Is Prog Holdings (PRG) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Neutral
Seeking Alpha
1 week ago
PROG Holdings, Inc. (PRG) Q2 2025 Earnings Call Transcript
PROG Holdings, Inc. (NYSE:PRG ) Q2 2025 Earnings Conference Call July 23, 2025 8:30 AM ET Company Participants John Baugh - Vice President of Investor Relations Steven Michaels - CEO, President & Director Brian Garner - Chief Financial Officer Conference Call Participants Kyle Joseph - Stephens Inc., Research Division Robert Griffin - Raymond James & Associates, Inc., Research Division Bradley Thomas - KeyBanc Capital Markets Inc., Research Division Hoang Nguyen - TD Cowen, Research Division Anthony Chukumba - Loop Capital Markets LLC, Research Division John Hecht - Jefferies LLC, Research Division Vincent Caintic - BTIG, LLC, Research Division Operator Good day, and thank you for standing by. Welcome to the PROG Holdings Q2 2025 Earnings Conference Call.
Positive
Zacks Investment Research
1 week ago
PROG Holdings (PRG) Q2 Earnings and Revenues Top Estimates
PROG Holdings (PRG) came out with quarterly earnings of $1.02 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.92 per share a year ago.
Neutral
Business Wire
1 week ago
PROG Holdings Reports Second Quarter 2025 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 second quarter ended June 30, 2025. "Our second quarter results once again demonstrate the resiliency of our Leasing business and our ability to manage through a period of high uncertainty and the loss of an important retail partner to liquidation," said Steve Michaels, President and CEO of PR.
Neutral
Business Wire
4 weeks ago
PROG Holdings, Inc. to Release Second Quarter 2025 Financial Results on July 23, 2025
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 second quarter of 2025 on Wednesday, July 23, 2025 prior to the market open. The Company has also scheduled a live webcast for July 23, 2025 at 8:30 A.M. ET to discuss its financial results for the second quarter of 2025. The webcast can be accessed via the below link, or through the.
Neutral
Business Wire
1 month ago
Breach Inlet Capital Urges PROG Holdings to Launch Strategic Review Process
CHARLESTON, S.C.--(BUSINESS WIRE)--Breach Inlet Capital Management, LLC (together with its affiliates, “Breach Inlet Capital” or “we”) is an investment firm focused on underfollowed and misunderstood small cap equities. Today, we issued the following open letter to shareholders of PROG Holdings, Inc. (NYSE: PRG) (“PRG” or the “Company”) highlighting our concerns and recommended path forward for the Company. This open letter is in response to PRG's board of directors (the “Board”) refusal to eng.
Positive
Seeking Alpha
2 months ago
PROG: FCF Generation And Undervaluation Make It An Attractive Buy
Four Technologies grew GMV 145.7% y/y, and PROG noted reduced debt, and stock repurchases, making the stock attractive. The company appears to trade at 5.9x 2028 EPS, and 6x 2027 EPS. Recent debt reduction and share repurchases signal potential undervaluation, likely attracting new investors and increasing stock demand.
Neutral
Business Wire
2 months 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 $0.13 per share of common stock, payable on June 3, 2025, to shareholders of record as of the close of business on May 20, 2025. About PROG Holdings, Inc. PROG Holdings, Inc. (NYSE:PRG) is a fintech holding company headquartered in Salt Lake City, UT, that p.
Neutral
Seeking Alpha
3 months ago
PROG Holdings, Inc. (PRG) Q1 2025 Earnings Call Transcript
PROG Holdings, Inc. (NYSE:PRG ) Q1 2025 Earnings Call April 23, 2025 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 Bobby Griffin - Raymond James Brad Thomas - KeyBanc Capital Markets Kyle Joseph - Stephens John Hecht - Jefferies Anthony Chukumba - Loop Capital Markets Hoang Nguyen - TD Cowen Operator Good day and thank you for standing by. Welcome to the PROG Holdings First Quarter 2025 Earnings Conference Call.
Positive
Zacks Investment Research
3 months ago
PROG Holdings (PRG) Surpasses Q1 Earnings and Revenue Estimates
PROG Holdings (PRG) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.91 per share a year ago.
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