PROG Holdings outlines $2.41B–$2.435B revenue target and strategic divestiture amid BNPL momentum
PROG Holdings (NYSE:PRG) has provided preliminary revenue guidance for 2024, expecting it to be between $2.41 billion and $2.435 billion. This forecast follows the divestiture of its Vive Financial business, a move intended to streamline operations and enhance strategic focus. The company is actively integrating Buy Now, Pay Later (BNPL) options like Progressive Leasing into its core offerings, signaling a strategic shift towards these flexible payment solutions.
PROG Holdings To Go Ex-Dividend On May 19th, 2026 With 0.14 USD Dividend Per Share
PROG Holdings is scheduled to go ex-dividend on May 19th, 2026. The dividend announced is 0.14 USD per share. This indicates an upcoming payment to shareholders who own the stock before the ex-dividend date.
Responsive Playbooks and the PRG Inflection
The article provides an AI-driven analysis of Prog Holdings Inc. (NYSE: PRG), highlighting conflicting sentiment across different time horizons and a mid-channel oscillation pattern. It identifies an exceptional 50.3:1 risk-reward setup targeting a 14.0% gain against a 0.3% risk. Three distinct trading strategies—Position, Momentum Breakout, and Risk Hedging—are outlined with specific entry, target, and stop loss points.
Are Finance Stocks Lagging Prog Holdings (PRG) This Year?
PROG Holdings (PRG) has outperformed its Finance sector peers and the Financial - Consumer Loans industry this year, with a year-to-date gain of 12.7% compared to the sector's average return of -0.9% and the industry's loss of 18.5%. The company currently holds a Zacks Rank of #1 (Strong Buy), driven by a significant 34.7% increase in its full-year earnings consensus estimate over the past quarter. Another strong performer mentioned is Acadian Asset Management (AAMI), which has returned 46.4% year-to-date and has a Zacks Rank #2 (Buy).
PROG Holdings (NYSE:PRG) - Stock Analysis
PROG Holdings (NYSE:PRG) is analyzed as undervalued, trading at US$33.23 compared to an intrinsic value of US$43.29. The company, a financial technology holding firm, is expected to see earnings grow by 13.09% annually, with analysts optimistic about a 37.8% price increase. Recent developments include a dividend increase to $0.14 per share, board changes, and the sale of receivables for US$150 million.
PRG SEC Filings - Prog Holdings Inc 10-K, 10-Q, 8-K Forms
This page on Stock Titan provides a comprehensive resource for investors and traders to access official regulatory documents for Prog Holdings Inc. (PRG), including 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider trading forms. It highlights recent significant 8-K filings detailing acquisitions, divestitures, dividend declarations, and credit agreement amendments, offering insights into the company's financial structure and business operations. The platform also offers AI-powered summaries, impact scoring, and sentiment analysis for these filings, ensuring timely access to updated information.
Director at PROG Holdings (NYSE: PRG) receives 4,953 RSUs
PROG Holdings director Daniela Mielke was granted 4,953 restricted stock units (RSUs) on May 6, 2026, as part of the annual RSU grant for non-employee directors. These RSUs are expected to vest on May 6, 2027. Following this transaction, Mielke directly holds a total of 13,682 shares of PROG Holdings common stock, including shares from the company's dividend reinvestment program.
Director Ray M Robinson receives 4,953 RSUs at PROG Holdings (PRG)
PROG Holdings director Ray M Robinson was granted 4,953 restricted stock units (RSUs), valued at $36.34 per share, as part of his annual compensation for non-employee directors. These RSUs are expected to vest on May 6, 2027, bringing Robinson's direct holdings to 52,850 shares, which includes shares from the company's dividend reinvestment program. The transaction was a compensatory award, not a market purchase or sale, and the included Form 4 details the acquisition.
PROG Holdings (PRG) CEO awarded 137,590 restricted stock units
PROG Holdings, Inc.'s Chairman, President, and CEO, Steven A. Michaels, was granted 137,590 restricted stock units (RSUs). These units, valued at $0.0000 per share, are subject to a vesting schedule in three equal increments on May 6, 2029, 2030, and 2031. Following this equity compensation, Michaels directly owns 772,878 common stock shares and indirectly owns 10,000 shares through his spouse.
[Form 4] PROG Holdings, Inc. Insider Trading Activity
PROG Holdings director Ramon Michael Martinez received a grant of 4,953 restricted stock units (RSUs) as his annual award for a non-employee director. These RSUs are valued at $36.34 per share and are expected to vest on May 6, 2027. Following this grant, Martinez directly holds 27,537 common shares, which includes shares from the company’s dividend reinvestment program.
[Form 3] PROG Holdings, Inc. Initial Statement of Beneficial Ownership
Lee A. Wright, President of Purchasing Power, a subsidiary of PROG Holdings, Inc., has filed an initial Form 3 detailing his beneficial ownership. The filing indicates direct holdings of 8,091 shares and 50,000 shares, which include restricted stock units and a restricted stock award that will vest over several years. This statement marks Wright's initial declaration of ownership following his appointment.
[Form 4] PROG Holdings, Inc. Insider Trading Activity
PROG Holdings, Inc. director Cynthia N. Day was granted 4,953 restricted stock units (RSUs) valued at $36.34 per share, as part of the annual RSU grant for non-employee directors. These RSUs are expected to vest on May 6, 2027. Following this award, Ms. Day directly holds 49,625 shares of common stock, including shares from the company's dividend reinvestment program.
[Form 4] PROG Holdings, Inc. Insider Trading Activity
PROG Holdings, Inc. director Caroline Sio-Chin Sheu was granted 4,953 restricted stock units (RSUs) on May 6, 2026, valued at $36.34 per share. These RSUs are expected to vest on May 6, 2027, and her total direct holdings now stand at 29,187 shares, including those from a dividend reinvestment program. This transaction is classified as a compensation-related acquisition rather than an open-market trade.
PROG Holdings, Inc (NYSE:PRG) Receives Consensus Recommendation of "Moderate Buy" from Analysts
PROG Holdings, Inc (NYSE:PRG) has received a "Moderate Buy" consensus recommendation from analysts, with four buy ratings and three hold ratings, and an average 12-month price target of $43.70. The company reported strong quarterly earnings, beating EPS and revenue estimates, and announced a quarterly dividend of $0.14 per share, translating to a 1.6% yield. Institutional investors hold a significant 97.92% stake in the company.
Understanding the Setup: (PRG) and Scalable Risk
The article provides an AI-generated analysis for Prog Holdings Inc. (NYSE: PRG), highlighting a neutral near-term outlook but a strong mid-term sentiment that might be stalling. It details various trading strategies—position, momentum, and risk hedging—alongside a multi-timeframe signal analysis, and notes an exceptional 41.8:1 risk-reward short setup. The analysis emphasizes risk parameters and suggests key entry, target, and stop-loss levels for traders.
President and CEO Steve Michaels Named Chairman of PROG Holdings, Inc.
PROG Holdings, Inc. announced that its Board of Directors has appointed President and CEO Steve Michaels to the additional role of Chairman of the Board. He succeeds Ray Robinson, who will now serve as Lead Independent Director. Michaels' strategic vision and leadership were praised for driving the company's financial performance and expanding its payment solutions.
PROG Holdings, Inc. Declares Dividend
PROG Holdings, Inc. (NYSE:PRG) announced that its Board of Directors has declared a quarterly cash dividend of $0.14 per share of common stock. This dividend is payable on June 2, 2026, to shareholders of record as of May 19, 2026. PROG Holdings is a fintech holding company that provides inclusive payment options through its various brands, including Progressive Leasing and MoneyApp.
PROG Holdings, Inc (NYSE:PRG) Declares Quarterly Dividend of $0.14
PROG Holdings, Inc (NYSE:PRG) has declared a quarterly dividend of $0.14 per share, payable on June 2nd to shareholders of record on May 19th. This equates to an annualized dividend of $0.56 and a yield of 1.5%, which is well-covered by earnings with a payout ratio of 15.3%. The company also reported strong Q1 results, beating analyst estimates with $1.24 EPS and $742.7 million in revenue.
PROG Holdings Elevates CEO Steve Michaels to Chairman
PROG Holdings (PRG) has elevated CEO Steve Michaels to Chairman and granted him a $5 million restricted stock unit award to strengthen leadership and align incentives with long-term shareholder value. Shareholders approved all board nominees and key proposals at the annual meeting, including a $0.14 dividend. TipRanks' AI Analyst, Spark, rates PRG as an "Outperform" due to strong earnings and favorable valuation.
CEO Steve Michaels becomes PROG Holdings (NYSE: PRG) board chairman
PROG Holdings, Inc. announced that its President and CEO, Steven A. Michaels, has been elected Chairman of the Board, with former Chairman Ray M. Robinson becoming Lead Independent Director. The company also reported on its 2026 annual meeting where shareholders elected directors, approved executive compensation, ratified Ernst & Young LLP as auditor, and approved an amendment to the equity plan. Additionally, a quarterly cash dividend of $0.14 per share was declared, payable on June 2, 2026.
PROG Holdings names CEO Steve Michaels as board chairman
PROG Holdings, Inc. has appointed CEO Steve Michaels as the new Chairman of the Board, succeeding Ray Robinson, who will now serve as Lead Independent Director. This leadership change occurs as PRG shares have increased by 34% over the past six months, and the company maintains a "GOOD" financial health score, according to InvestingPro. The company's recent strong financial performance includes exceeding analyst expectations for Q1 2026 EPS and revenue, alongside declaring a quarterly cash dividend.
June 2 payout set as PROG Holdings declares $0.14 dividend
PROG Holdings, Inc. (NYSE: PRG) announced that its Board of Directors declared a quarterly cash dividend of $0.14 per share of common stock. This dividend is payable on June 2, 2026, to shareholders of record as of May 19, 2026. The company, a fintech holding company, provides various payment solutions including lease-to-own options and Buy Now, Pay Later services.
Wall Street Analysts Believe PROG Holdings (PRG) Could Rally 25.19%: Here's is How to Trade
Shares of PROG Holdings (PRG) have gained significantly, but analysts predict a further 25.19% rally based on short-term price targets, with a mean estimate of $44.93. Despite skepticism surrounding analyst price targets, a strong consensus and positive earnings estimate revisions suggest potential upside for PRG, which also holds a Zacks Rank #1 (Strong Buy). Investors are advised to use price targets as a starting point for research rather than the sole basis for investment decisions.
PROG Holdings (PRG) One Off Loss And Margin Compression Test Bullish Earnings Narratives
PROG Holdings (PRG) reported Q1 2026 results with Q4 2025 revenue of $574.6 million and EPS of $0.50, and a trailing twelve-month net margin of 5.2%, down from 8.2% a year earlier. The company experienced a one-off loss of $175.9 million, which, along with softer EPS trends, tests the bullish narratives around its long-term earnings potential. Despite a higher P/E ratio compared to peers, the stock's valuation is supported by a DCF fair value and analyst price targets above its current price.
PROG Holdings, Inc. (NYSE:PRG) Q1 2026 Earnings Call Transcript
PROG Holdings, Inc. reported strong first-quarter 2026 results, surpassing revenue and earnings expectations driven by robust performance across its integrated ecosystem including Progressive Leasing, Four, and Purchasing Power. The company achieved 54% consolidated GMV growth, deleveraged its balance sheet, and provided an optimistic full-year 2026 outlook. Key initiatives like AI-driven enhancements and cross-product engagement are fueling growth and efficiency, despite a challenging macroeconomic environment for consumers.
PRG SEC Filings - Prog Holdings Inc 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for investors to access Prog Holdings Inc. (PRG) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K material event forms, and insider trading disclosures. It highlights the importance of 8-K filings for recent corporate actions like acquisitions and credit agreement amendments, and explains how Stock Titan enhances this information with AI-powered summaries and real-time updates. The article also lists recent filings and key company data.
GUIDANCE: (PRG) PROG Holdings, Inc. Expects Q2 Adjusted EPS Range $0.85 - $1.05
PROG Holdings, Inc. (PRG) has released its adjusted EPS guidance for the second quarter, expecting it to range between $0.85 and $1.05 per share. This financial outlook provides investors with insight into the company's anticipated performance for the upcoming quarter.
Prog Holdings signals 2026 outlook of $3.0B-$3.1B revenue and $4.40-$4.80 non-GAAP EPS as leverage returns to 2x
Prog Holdings Inc. has provided its financial outlook for 2026, projecting revenues between $3.0 billion and $3.1 billion. The company expects non-GAAP earnings per share to range from $4.40 to $4.80, with a target to return its financial leverage to approximately 2x. This signals the company's anticipated financial performance and strategic focus on debt management.
PROG Holdings Releases Q1 2026 Financial Results
PROG Holdings, Inc. announced strong first-quarter 2026 financial results, exceeding analyst expectations with non-GAAP diluted earnings per share of $1.24 against a consensus of $0.80. The company reported revenue of $742.7M, an 11.1% increase year-over-year, and set full-year adjusted EPS guidance between $4.40 and $4.80. Despite a decline in its Progressive Leasing segment, Wall Street maintains a positive outlook on the stock.
PROG Holdings Q1 2026 Earnings Call: Complete Transcript
PROG Holdings (NYSE: PRG) reported strong first-quarter 2026 results, with revenues of $743 million, an 11% year-over-year increase, exceeding outlooks for earnings and non-GAAP EPS. The company saw a 54% growth in consolidated GMV, largely driven by purchasing power acquisitions and exceptional 134% growth in FORSS GMV. Strategic initiatives focus on growth, AI-enhanced customer experiences, product expansion, and deleveraging, with a positive outlook for 2026 revenue guidance between $3.0 to $3.1 billion.
PROG Holdings (NYSE: PRG) boosts 2026 guidance on Q1 profit and GMV growth
PROG Holdings reported strong Q1 2026 results, with revenue up 11.1% to $742.7 million and adjusted EBITDA increasing 29.2% to $90.3 million. The company significantly raised its full-year 2026 guidance for revenue, adjusted EBITDA, and non-GAAP EPS, driven by the acquisition of Purchasing Power and triple-digit growth at Four Technologies. Despite a decline in Progressive Leasing's core revenue, its profitability improved, and the company reduced net recourse debt post-acquisition, bringing its net leverage ratio to 2.0x.
PROG Holdings stock surges 9% on strong Q1 earnings beat
PROG Holdings Inc. reported strong first-quarter results, with adjusted EPS of $1.24 significantly surpassing analyst estimates and revenue climbing 11.1% year-over-year to $742.7 million, leading to a 9% surge in stock price. The company's performance was bolstered by improvements at Progressive Leasing, rapid growth at Four Technologies, and contributions from the Purchasing Power acquisition. Despite robust Q1 performance, the company's Q2 EPS and revenue outlook fell below consensus estimates, though the full-year 2026 EPS guidance was raised.
PROG Holdings: Q1 Earnings Snapshot
PROG Holdings, Inc. reported strong first-quarter earnings, with net income totaling $36.1 million, or 89 cents per share. Adjusted earnings of $1.24 per share significantly exceeded Wall Street expectations of 78 cents per share. The company also surpassed revenue forecasts, posting $742.7 million against an expected $732.8 million, and provided a positive full-year earnings outlook.
PROG Holdings: Q1 Earnings Snapshot
PROG Holdings, Inc. (PRG) reported strong first-quarter earnings, surpassing Wall Street expectations. The company announced net income of $36.1 million, or 89 cents per share, with adjusted earnings of $1.24 per share. Revenue for the quarter reached $742.7 million, also exceeding forecasts, and PROG Holdings provided a positive outlook for its full-year earnings and revenue.
PROG Holdings Inc (PRG) Shares Fall 3.8% -- What GF Score of 93 Tells Investors
PROG Holdings Inc (PRG) shares recently fell by 3.8% to $30.24, with a GF Score of 93 out of 100 indicating strong overall performance. The stock is considered "Modestly Undervalued" by GuruFocus, with a GF Value of $38.33, suggesting a potential upside for investors. Despite this, there have been no insider transactions in the last three months, which could imply a wait-and-see approach from company executives.
The Technical Signals Behind (PRG) That Institutions Follow
This article analyzes the technical signals for Prog Holdings Inc. (NYSE: PRG), indicating conflicting sentiment and potentially choppy conditions. It reveals specific institutional trading strategies, including long, breakout, and short setups with defined entry, target, and stop-loss levels. The analysis also provides multi-timeframe signal strengths, support, and resistance levels for near, mid, and long-term horizons, generated by AI models.
New PROG Holdings Research Offers Insight into Near- and Below-Prime Consumer Behavior
PROG Holdings, Inc. released new research focusing on the financial realities of near- and below-prime consumers, highlighting their struggles with rising costs and economic uncertainty despite being employed and actively managing finances. The study indicates that flexible payment solutions, such as buy-now, pay-later and lease-to-own, are crucial tools helping these consumers manage expenses and make necessary purchases. The research emphasizes the importance of transparency and flexibility in payment options to empower consumers and support their financial well-being.
New PROG Holdings Research Offers Insight into Near- and Below-Prime Consumer Behavior
PROG Holdings, Inc. released new research during Financial Literacy Month exploring the financial realities and behaviors of near- and below-prime consumers. The study highlights how these working Americans manage expenses amidst rising costs and economic uncertainty, emphasizing the crucial role of flexible payment solutions. Key findings show that most are employed, concerned about their financial outlook, and rely on options like buy-now, pay-later and lease-to-own to make necessary purchases.
New PROG Holdings Research Offers Insight into Near- and Below-Prime Consumer Behavior
PROG Holdings, Inc. (NYSE: PRG) released new research focusing on the financial challenges faced by near- and below-prime consumers, coinciding with Financial Literacy Month. The survey revealed that over 80% of working Americans in this group are concerned about their financial outlook, driven by factors like inflation and rising costs. The research also highlighted the critical role of flexible payment solutions, such as buy-now, pay-later, and lease-to-own, in helping these consumers manage expenses and make necessary purchases.
New PROG Holdings Research Offers Insight into Near- and Below-Prime Consumer Behavior
PROG Holdings, Inc. has released new research on the financial realities of near- and below-prime consumers, coinciding with Financial Literacy Month. The study reveals that these working Americans grapple with rising costs and economic uncertainty, often relying on flexible payment solutions like buy-now, pay-later and lease-to-own programs to manage their expenses and make purchasing decisions. The research underscores the importance of transparent and flexible payment options in supporting financial wellness for this demographic.
Aaron's (PRG) Projected to Post Earnings on Wednesday
Aaron's (NYSE: PRG) is expected to announce its Q1 2026 earnings before market open on April 29th, with analysts projecting $1.10 EPS and $726.96 million in revenue. The company previously reported beating EPS estimates in Q4, but missed revenue expectations. Aaron's recently increased its quarterly dividend from $0.13 to $0.14, resulting in an annualized dividend of $0.56 and a 1.7% yield.
Raymond James reiterates Outperform on PROG Holdings stock ahead of earnings
Raymond James reiterated an Outperform rating and $42.00 price target on PROG Holdings (NYSE:PRG) ahead of its Q1 fiscal 2026 earnings. The firm updated its model reflecting full Purchasing Power profit and loss visibility, with no material changes to its adjusted EBITDA or EPS outlook. The rating is supported by strong cash flow generation, a runway for EBITDA expansion, and a current valuation of 10.64 P/E and 25% free cash flow yield.
Raymond James reiterates Outperform on PROG Holdings stock ahead of earnings
Raymond James has reiterated an Outperform rating and a $42.00 price target for PROG Holdings (NYSE:PRG) ahead of its Q1 fiscal 2026 earnings on April 29. The firm cited the company's current valuation, strong cash flow generation, and potential for EBITDA expansion as key support factors, noting its "GREAT" financial health score and projected profitability for the year.
Q4 Earnings Highs And Lows: PROG (NYSE:PRG) Vs The Rest Of The Specialty Finance Stocks
This article analyzes the Q4 earnings of specialty finance companies, focusing on PROG (NYSE:PRG) and comparing its performance to peers. While PROG's revenues fell short of expectations, it still beat EPS estimates and offered strong full-year guidance. The sector as a whole showed resilient share prices despite revenues missing consensus, with Encore Capital Group (NASDAQ:ECPG) being the top performer and Farmer Mac (NYSE:AGM) the weakest.
Q4 Earnings Highs And Lows: PROG (NYSE:PRG) Vs The Rest Of The Specialty Finance Stocks
The article reviews Q4 earnings for specialty finance stocks, highlighting PROG (PRG) and its peers. While PROG missed revenue estimates, it beat EPS expectations and offered strong full-year guidance. Encore Capital Group (ECPG) had the strongest Q4 with significant revenue growth, while Farmer Mac (AGM) had the weakest performance, missing both revenue and EPS estimates.
Precision Trading with Prog Holdings Inc. (PRG) Risk Zones
This article from Stock Traders Daily provides a detailed analysis of Prog Holdings Inc. (PRG), highlighting a mid-channel oscillation pattern and a significant short setup with a 44.1:1 risk-reward ratio. It outlines institutional trading strategies adapted for various risk profiles, including long, breakout, and short positions, alongside multi-timeframe signal analysis. The report emphasizes positive prevailing sentiment and offers AI-generated signals for precision trading.
PRG|PROG Holdings Inc|Price:29.410|Chg%:-0.20
PROG Holdings Inc. (PRG) shows healthy fundamentals, industry-leading ESG disclosure, and significant growth potential, although its stock price is currently trading sideways. The company is considered fairly valued, ranking high in the Financial Technology & Infrastructure industry, and analysts have issued "Buy" ratings with a potential upside. Its business segments include lease-to-own solutions, revolving loans, and Buy Now Pay Later (BNPL) options.
PRG Financials: Revenue Breakdown, Margins & Competitor Comparison
This article analyzes the financial performance of PROG Holdings Inc (PRG), detailing its revenue streams, profitability margins, and a comparison with competitors. The company primarily generates revenue from Lease Revenues and Fees. PROG Holdings Inc demonstrates strong profitability with high gross and operating margins and a good Return on Equity.
PROG Holdings to Report Q1 2026 Earnings
PROG Holdings, a key player in the lease-to-own and retail purchase solutions industry, will release its first quarter 2026 financial results on April 29, 2026. The company will also host a conference call and webcast on the same day to discuss the results. This earnings report is crucial for investors and analysts to assess the company's financial health, performance, and outlook for the year.
PROG Holdings, Inc. to Release First Quarter 2026 Financial Results on April 29, 2026
PROG Holdings, Inc. (NYSE:PRG) announced that it will release its first-quarter 2026 financial results on Wednesday, April 29, 2026, before the market opens. Following the release, the company will host a live webcast at 8:30 A.M. ET on the same day to discuss the results. The webcast will be accessible through a provided link and the investor relations section of their website.
