Own It
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Type
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Public |
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Traded as | NYSE: AAN S&P 400 Component |
Industry | Furniture |
Founded | June 19, 1955 (1955-06-19) |
Founder | R. Charles Loudermilk |
Headquarters | Atlanta, Georgia, U.S. |
Area served
|
North America |
Key people
|
Ray Robinson (Chairman) John W. Robinson III (CEO) |
Products | Furniture rental Rent-to-own |
Revenue |
$ 3.179 billion (FY 2015) |
Operating income
|
$ 139.8 million (FY 2014) |
Net income
|
$ 78.2 million (FY 2014) |
Total assets | $ 2.457 billion (FY 2014) |
Total equity | $ 1.224 billion (FY 2014) |
Number of employees
|
12,400 (December 2014) |
Subsidiaries | Progressive Leasing |
Website | www.aarons.com |
$ 3.179 billion (FY 2015)
Aaron's, Inc. is a lease-to-own retailer. The company focuses on leases and retail sales of furniture, electronics, appliances, and computers. In 2014, Aaron's completed the acquisition Progressive Finance, increasing their market share in both the traditional rent-to-own (RTO) industry and the emerging virtual rent-to-own (RTO) space [no citation]. The acquisition supports the Company's strategy to address credit-challenged customers' changing needs for acquiring home furniture, electronics and appliances as the consumer population leans more toward a multi-channel acquisition of goods and services.
In April 2016 Aaron's, Inc. set the Guinness World Record for the largest "game" of tumbling mattress dominoes. This game was set up using over 1,000 people and mattresses.
As of 31 December 2016, Aaron's, Inc. has 1,864 stores: 1,165 Company-operated stores and 699 independently owned and operated franchised stores in 48 states, the District of Columbia, and Canada.
Aaron Rents, Inc. was founded by R. Charles Loudermilk, Sr. in 1955.
In September 2008, Aaron's announced the sale of its Corporate Furnishings division to CORT Business Services, part of Berkshire Hathaway. Aaron's Corporate Furnishings division, which operated 47 stores, recorded revenues of approximately $99 million in 2007. Within the last quarter of 2012 Aaron's opened its 2000th store. In November 2014 Aaron’s announced that John W. Robinson III will take over the CEO position of the company from Ronald W. Allen.
In 2014, Aaron’s announced plans to reshape its core business by focusing on same store revenue growth, enhancing Aaron's online platform, driving cost efficiencies, moderating new store growth, and strengthening the franchise network. The Company's online strategy included the rollout of an e-commerce platform in 2015.
In February 2013, customers sued Aaron's for allegedly using spyware on rented computers to send over 185,000 emails to the rental company, including customers' Social Security numbers, passwords and captured keystrokes, as well as explicit images. Aaron's, Inc. officials had previously said that the company had not installed the spyware, and individual franchisees were responsible. In October 2013, Aaron's agreed to a settlement with the Federal Trade Commission that limited how it used monitoring technology and ordered it to delete customer information that had been improperly collected.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-10-24 | Future report Set alerts | |
Q2 2022 | 2022-07-25 | 0.79 | 0.79 |
Q1 2022 | 2022-04-25 | 0.87 | 0.87 |
Q4 2021 | 2022-02-24 | 0.60 | 0.60 |
Q3 2021 | 2021-10-26 | 0.83 | 0.83 |
Q2 2021 | 2021-07-27 | 1.05 | 1.05 |
Q1 2021 | 2021-04-27 | 1.24 | 1.24 |
Q4 2020 | 2021-02-23 | 0.79 | 0.79 |
Q3 2020 | 2020-10-29 | 1.80 | 1.80 |
Q2 2020 | 2020-07-29 | 1.18 | 1.18 |
2016-05-23 | Initiated Coverage | Topeka Capital Markets | Buy | $30.00 |
2016-04-13 | Initiated Coverage | Sidoti | Buy | $33.00 |
2016-03-29 | Reiterated Rating | Stifel Nicolaus | Buy | |
2016-01-19 | Upgrade | Raymond James | Market Perform to Strong-Buy | |
2016-01-19 | Upgrade | Raymond James Financial Inc. | Market Perform to Strong-Buy | |
2015-12-29 | Reiterated Rating | Cantor Fitzgerald | Hold | |
2015-12-23 | Reiterated Rating | Cantor Fitzgerald | Hold | $22.00 |
2015-11-02 | Lower Price Target | SunTrust | Neutral | $40.00 to $32.00 |
2015-11-02 | Lower Price Target | Stifel Nicolaus | Buy | $45.00 to $32.50 |
2015-11-02 | Lower Price Target | SunTrust Banks Inc. | Neutral | $40.00 to $32.00 |
2015-10-30 | Downgrade | Cantor Fitzgerald | Buy to Hold | $47.00 to $27.00 |
2015-09-23 | Reiterated Rating | Cantor Fitzgerald | Buy | $47.00 |
2015-09-22 | Downgrade | Raymond James | Outperform to Market Perform | $40.00 |
2015-08-14 | Upgrade | Cantor Fitzgerald | Hold to Buy | $37.00 to $47.00 |
2015-07-27 | Boost Price Target | SunTrust | Neutral | $37.00 to $40.00 |
2015-07-22 | Initiated Coverage | Cantor Fitzgerald | Hold | $37.00 |
2015-06-23 | Boost Price Target | KeyBanc | Overweight | $40.00 to $43.00 |
2015-06-23 | Boost Price Target | KeyCorp | Overweight | $40.00 to $43.00 |
2015-04-27 | Boost Price Target | Stifel Nicolaus | Buy | $38.00 to $45.00 |
2015-03-10 | Initiated Coverage | Stephens | Overweight | $37.00 |
2015-02-09 | Boost Price Target | Stifel Nicolaus | Buy | $31.00 to $38.00 |
2014-12-17 | Upgrade | KeyBanc | Hold to Buy | $34.00 |
2014-10-27 | Reiterated Rating | Stifel Nicolaus | Buy | $35.00 to $31.00 |
2014-10-27 | Upgrade | Raymond James | Market Perform to Outperform | $28.00 |
2014-07-28 | Lower Price Target | Stifel Nicolaus | Buy | $42.00 to $35.00 |
2014-07-16 | Reiterated Rating | Goldman Sachs | Buy | $45.00 to $42.00 |
2014-07-16 | Lower Price Target | Stifel Nicolaus | Buy | $45.00 to $42.00 |
2014-07-16 | Reiterated Rating | Goldman Sachs Group Inc. | Buy | $45.00 to $42.00 |
2014-05-12 | Upgrade | Stifel Nicolaus | Hold to Buy | $45.00 |
2014-04-21 | Upgrade | Northcoast Research | Neutral to Buy | $36.00 |
2014-04-15 | Boost Price Target | Canaccord Genuity | Hold | $27.00 to $30.00 |
2014-03-17 | Downgrade | Raymond James | Outperform to Market Perform | $30.00 |
2014-02-07 | Downgrade | KeyBanc | Buy to Hold | |
2014-02-07 | Boost Price Target | Canaccord Genuity | Hold | $25.00 to $27.00 |
2013-09-23 | Downgrade | Stifel Nicolaus | Buy to Hold | |
2012-07-25 | Downgrade | Hilliard Lyons | Long-term Buy to Neutral | |
2011-04-26 | Reiterated | Stifel Nicolaus | Buy | $28 to $30 |
2010-10-26 | Upgrade | Hilliard Lyons | Neutral to Long-term Buy | $25 |
2010-04-27 | Downgrade | Hilliard Lyons | Buy to Neutral | |
2009-07-22 | Downgrade | Cowen & Co | Outperform to Neutral | |
2009-07-15 | Initiated | BB&T Capital Mkts | Buy |
2016-05-23 | Initiated Coverage | Topeka Capital Markets | Buy | $30.00 |
2016-04-13 | Initiated Coverage | Sidoti | Buy | $33.00 |
2016-03-29 | Reiterated Rating | Stifel Nicolaus | Buy | |
2016-01-19 | Upgrade | Raymond James | Market Perform to Strong-Buy | |
2016-01-19 | Upgrade | Raymond James Financial Inc. | Market Perform to Strong-Buy |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In AAN 155 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Inc. | 5.77M |
BlackRock Fund Advisors | 3.90M |
Vanguard Group, Inc | 3.22M |
BlackRock Institutional Trust Company, N.A. | 2.21M |
Copeland Capital Management, LLC | 1.96M |
DIMENSIONAL FUND ADVISORS LP | 1.42M |
STATE STREET CORP | 1.26M |
PALISADE CAPITAL MANAGEMENT LLC/NJ | 0.97M |
LSV ASSET MANAGEMENT | 0.86M |
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 0.79M |
EDGE ASSET MANAGEMENT, INC | 0.67M |
GEODE CAPITAL MANAGEMENT, LLC | 0.55M |
SCHWAB CHARLES INVESTMENT MANAGEMENT INC | 0.55M |
NORTHERN TRUST CORP | 0.49M |
JACOBS LEVY EQUITY MANAGEMENT, INC | 0.46M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
Robinson John W EVP Aaron\'s, President/CEO Pro | 0.53% (385715) | AAN / |
Woodley Ryan K CEO Progressive Leasing | 0.22% (157950) | AAN / |
DANIELSON GILBERT L Executive VP, CFO | 0.20% (144546) | AAN / SERV / |
Doman Curtis Linn CTO Progressive Leasing | 0.14% (102523) | AAN / |
ALLEN RONALD W Chairman, President and CEO | 0.12% (88709) | AAN / AYR / FWRD / KO / |
Michaels Steven A VP, Finance & Business Dev. | 0.09% (66835) | AAN / |
KOLB DAVID L | 0.08% (57014) | AAN / MHK / PXR / |
Lindsay Douglas A President Aaron\'s SaLO | 0.07% (52300) | AAN / |
Kamerschen Robert W. Sr. V. P., General Counsel | 0.05% (38329) | AAN / |
Betty Kathy T | 0.04% (31657) | AAN / |
Schuerholz John | 0.03% (21982) | AAN / |
Buck David L. Chief Operating Officer | 0.03% (20425) | AAN / |
Montanero Tristan J. Sr. Vice President, Operations | 0.02% (17477) | AAN / |
BENATAR LEO | 0.02% (13433) | AAN / PXR / |
ROBINSON RAY M | 0.02% (13201) | AAL / AAN / AVT / AYI / |
SINCLAIR ROBERT P JR Corporate Controller | 0.02% (11152) | AAN / |
Ryan Michael Patrick SVP of Operations | 0.01% (10194) | AAN / |
TRAINOR JOHN T Chief Information Officer | 0.01% (9448) | AAN / |
Strickland David Chad V.P., Associate Resources | 0.01% (8970) | AAN / |
EVANS K TODD Vice President - Franchise | 0.01% (8472) | AAN / |
Yanker Robert H | 0.01% (8038) | AAN / BMS / WPP / |
CATES JAMES L Senior Group VP | 0.01% (7707) | AAN / |
Harris Hubert L. Jr. | 0.01% (6576) | AAN / |
DAY CYNTHIA N | 0.01% (6576) | AAN / PRI / |
LOCKHART H EUGENE | 0.01% (5522) | AAN / HURN / RSH / |