Is PROG Holdings (NYSE) Gaining Momentum After Its Results?
PROG Holdings (NYSE:PRG) operates in the financial services sector, specializing in alternative payment solutions and consumer financing through its Progressive Leasing and Vive platforms. The company's recent quarterly results showed increased revenue, driven by transaction volumes and its dual focus on lease-to-own and second-look financing models. PROG Holdings positions itself as a specialty finance company with strong ties to retail and integrates technology to support its consumer and merchant operations.
PROG Holdings, Inc (NYSE:PRG) Given Consensus Rating of "Moderate Buy" by Analysts
PROG Holdings, Inc. (NYSE:PRG) has received a "Moderate Buy" consensus rating from analysts, with an average 12-month price target of $49.44. This positive sentiment follows strong quarterly results, where the company exceeded earnings and revenue estimates and provided optimistic fiscal 2026 EPS guidance. Institutional investors hold a significant portion of the stock, while recent insider selling activity has also been noted.
PROG Holdings reports 22.3% revenue growth and shifts toward digital products, reducing risk from large-ticket items.
PROG Holdings, Inc. reported a 22.3% increase in Q2 revenues and a 60.1% surge in gross merchandise volume, driven by a strategic shift to digital and short-term products. This diversification reduces reliance on large-ticket sales and Progressive Leasing, despite risks from credit losses and macroeconomic sensitivity. The company's rapid EBITDA growth and debt reduction suggest market undervaluation despite a high P/E ratio.
PROG Holdings (PRG) legal chief sells 2,000 shares at $46
Michael Todd King, Chief Legal and Compliance Officer at PROG Holdings, Inc. (PRG), sold a total of 2,000 shares of common stock. The sales occurred in two transactions on August 4 and August 5, 2026, with both at a price of $46.00 per share. Following these transactions, King's direct holdings in common stock are 60,825 shares.
PROG Holdings (PRG) Insider Sell: SVP Fin Rep George Sewell Disposes of 2,000 Shares
George Sewell, SVP of Finance and Reporting at PROG Holdings (PRG), sold 2,000 shares for approximately $91,060. This sale aligns with a broader trend of insider selling and no insider buying at the company over the past year. GuruFocus assesses PRG as "Fairly Valued," trading slightly above its intrinsic value, which may explain the insider's decision to sell.
Prog Holdings chief legal officer sells $92,000 in common stock
Michael Todd King, Chief Legal and Compliance Officer at PROG Holdings, Inc. (NASDAQ:PRG), sold a total of $92,000 worth of common stock in early August across two days. Following these transactions, King directly holds 60,825 shares. This insider sale occurs as PROG Holdings stock is trading near its 52-week high, with InvestingPro analysis suggesting it remains undervalued despite a "GOOD" financial health score.
PROG Holdings (NYSE: PRG) CAO sells 2,000 shares at $45.53
PROG Holdings, Inc.'s Chief Accounting Officer and SVP Financial Reporting, George M. Sewell, sold 2,000 shares of common stock at $45.53 per share on August 5, 2026. This transaction, reported as an open market or private sale, leaves Sewell with 28,385 shares directly owned. The filing indicates the sale was not made under a Rule 10b5-1 trading plan.
PROG Holdings, Inc to Issue Quarterly Dividend of $0.14 (NYSE:PRG)
PROG Holdings, Inc (NYSE:PRG) has declared a quarterly dividend of $0.14 per share, payable on September 3rd to shareholders of record by August 18th. This dividend represents an annualized payout of $0.56 and a yield of approximately 1.2%, with a payout ratio of 15.3%. The company recently exceeded earnings expectations, reporting $1.19 EPS against a $0.95 consensus, and has guided for full-year 2026 earnings between $4.75 and $5.00 per share.
Prog Holdings chief legal officer sells $92,000 in common stock
Michael Todd King, Chief Legal and Compliance Officer at PROG Holdings (NASDAQ:PRG), sold 2,000 shares of common stock totaling $92,000 in early August at $46.0 per share. This insider sale occurred while the stock was trading near its 52-week high, following a 34% gain in the last six months. The company recently reported strong Q2 earnings, surpassing Wall Street expectations, and raised its full-year guidance despite some investor concerns about lease write-offs and consumer spending.
29,188 Shares in PROG Holdings, Inc $PRG Acquired by Segall Bryant & Hamill LLC
Segall Bryant & Hamill LLC recently acquired 29,188 shares of PROG Holdings, Inc. (NYSE:PRG), valued at approximately $837,000, representing a 0.07% stake. Institutional investors collectively own 97.92% of the company, and analysts have a "Moderate Buy" rating with an average price target of $49.44. PROG Holdings exceeded Q1 earnings expectations, reporting $1.19 EPS against an estimated $0.95, and declared a quarterly dividend of $0.14 per share.
PROG Declares $0.14 Quarterly Dividend Payable Sept. 3, Record Date Aug. 18
PROG Holdings, Inc. (PRG) has declared a quarterly cash dividend of $0.14 per common share. This dividend is payable on September 3, 2026, to shareholders of record as of August 18, 2026. The announcement confirms PROG as the fintech holding company for Progressive Leasing, Four Technologies, MoneyApp, and Purchasing Power.
Press Release: PROG Holdings, Inc. Declares Dividend
PROG Holdings, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per share. This dividend is payable on September 22, 2026, to shareholders of record as of the close of business on September 8, 2026.
PROG Holdings, Inc. Declares Dividend
PROG Holdings, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.14 per share of common stock. The dividend is payable on September 3, 2026, to shareholders of record as of August 18, 2026. PROG Holdings is a fintech company that provides various payment options through its subsidiaries like Progressive Leasing, Four Technologies, MoneyApp, and Purchasing Power.
PROG Declares $0.14 Quarterly Dividend Payable Sept. 3, Record Date Aug. 18
PROG has declared a quarterly cash dividend of $0.14 per share. This dividend is payable on September 3, 2026, to shareholders of record as of August 18, 2026. The announcement was filed as Exhibit 99.1 and incorporated by reference in an 8-K filing.
Prog Holdings, Inc. Announces Quarterly Cash Dividend, Payable on September 3, 2026
PROG Holdings, Inc. has declared a quarterly cash dividend of $0.14 per share of common stock. This dividend is payable on September 3, 2026, to shareholders who are on record as of the close of business on August 18, 2026. The announcement was made by the company's Board of Directors.
PROG Holdings (PRG) insider plans $91,060 sale of 2,000 common shares
An insider at PROG Holdings, Inc. (PRG) is planning to sell 2,000 shares of common stock, valued at $91,060.00, through Fidelity Brokerage Services LLC on the NYSE. The filing indicates previous share acquisitions through an Employee Stock Purchase Plan (ESPP) and restricted stock vestings in late 2024 and early 2025. The planned sale date is August 5, 2026.
PROG Holdings declares $0.14 quarterly dividend
PROG Holdings, Inc. (NYSE:PRG) has announced a quarterly cash dividend of $0.14 per share of common stock. The dividend is scheduled for payment on September 3, 2026, to shareholders of record as of August 18, 2026. PROG Holdings is a fintech holding company that includes Progressive Leasing, Four Technologies, MoneyApp, and Purchasing Power.
PROG Holdings Keeps Quarterly Dividend at $0.14 a Share, Payable Sept. 3 to Shareholders of Record on Aug. 18
PROG Holdings (NYSE:PRG) has declared its regular quarterly cash dividend of $0.14 per common share. This dividend is payable on September 3, 2026, to shareholders of record as of the close of business on August 18, 2026. The announcement indicates the company's consistent return of capital to its investors.
PROG Holdings, Inc. Declares Dividend
PROG Holdings, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.14 per share of common stock. The dividend is payable on September 3, 2026, to shareholders of record as of August 18, 2026. PROG Holdings is a fintech holding company with brands like Progressive Leasing, Four Technologies, MoneyApp, and Purchasing Power.
PRG company (NYSE: PRG) insider files to sell 1,070 shares
Michael T. King, an insider at PROG Holdings, Inc. (NYSE: PRG), has filed a notice to sell 1,070 shares of common stock through Fidelity Brokerage Services LLC. The planned sale is valued at $49,220.00 as of August 5, 2026. The filing also details prior equity awards, including restricted stock vesting in 2023 and 2024, and a recent sale of 930 shares for $42,780.00 on August 4, 2026.
Is PROG Holdings (PRG) a Solid Growth Stock? 3 Reasons to Think "Yes"
Zacks Investment Research identifies PROG Holdings (PRG) as a strong growth stock, supported by a favorable Zacks Growth Style Score and a top Zacks Rank. The article highlights three key factors: expected earnings growth of 40.9% for the current year, a high asset utilization ratio of 1.45, and positive trends in earnings estimate revisions. These factors collectively suggest that PRG is a potential outperformer for growth investors.
Empowered Funds LLC Acquires 40,605 Shares of PROG Holdings, Inc $PRG
Empowered Funds LLC increased its stake in PROG Holdings, Inc. by 30.4% in the first quarter, purchasing an additional 40,605 shares to bring its total to 174,335 shares valued at approximately $5 million. Institutional investors now collectively own 97.92% of PROG Holdings. The company also reported strong quarterly earnings, beating analyst estimates with an EPS of $1.19 on revenue of $719.72 million, and pays a quarterly dividend of $0.14.
PROG HOLDINGS INC : RAYMOND JAMES RAISES TARGET PRICE TO $50 FROM $45
Raymond James has increased its target price for PROG Holdings Inc. (PRG) from $45 to $50. This change reflects a positive outlook from the analyst firm regarding the company's future performance. The article, sourced from Reuters, provides this key financial update.
Vanguard Capital Management (PRG) discloses 2.0M PROG Holdings shares on 13G
Vanguard Capital Management, along with its affiliates, has disclosed a 5% beneficial ownership stake in PROG Holdings Inc, totaling 2,003,701 shares as of June 30, 2026. This information was reported in a Schedule 13G filing, indicating Vanguard holds sole voting power over 298,872 shares and sole dispositive power over all 2,003,701 shares. The filing emphasizes that no single other person has an interest exceeding 5% of the class through these holdings.
PROG Holdings (PRG) Stock Faces A Bigger Question After Guidance Lift
PROG Holdings (PRG) saw its stock barely move despite lifting full-year revenue and earnings guidance, raising questions about whether the current valuation is justified. While Q2 results showed strong performance in its digital and AI-led businesses (Four Technologies, Purchasing Power), the legacy Progressive Leasing segment experienced a revenue decline. This mixed performance, coupled with persistent concerns about credit and regulatory sensitivity for nonprime customers, suggests the market remains cautious about the company's core model despite the positive guidance.
B. Riley Adjusts PROG Holdings Price Target to $64 From $57, Maintains Buy Rating
B. Riley has increased its price target for PROG Holdings to $64 from $57, while reiterating a Buy rating on the stock. This adjustment comes after PROG Holdings reported its Q2 2026 earnings, showing a rise in adjusted earnings and revenue, and subsequently raised its full-year 2026 guidance and provided a Q3 outlook. The company's recent performance and updated forecast appear to have influenced the analyst's positive revision.
PROG Holdings (PRG) Thrives Amid Tough Consumer Landscape
Vulcan Value Partners highlighted PROG Holdings, Inc. (PRG) in its Q2 2026 investor letter, noting the company provides lease-to-own financing and has executed well, particularly its "buy now, pay later" business, Four Technologies. Despite strong performance, Vulcan Value Partners believes PRG remains undervalued. While PROG Holdings is not among the top 40 most popular stocks among hedge funds, the article suggests that other AI stocks might offer greater upside potential with less downside risk.
PROG Holdings, Inc. 2Q 2026: Revenue $719.72M, EPS $0.91— 10-Q Summary
PROG Holdings, Inc. reported strong second-quarter 2026 results, with revenue increasing 22.3% year over year to $719.72 million, driven by the acquisition of Purchasing Power and growth in Four's buy-now-pay-later business. Despite a slight dip in net income and diluted EPS, the company saw significant brand momentum from Four and expanded its e-commerce mix at Progressive Leasing. Management also tightened credit decisioning in response to elevated delinquencies to protect portfolio performance.
SummitTX Capital L.P. Purchases 23,922 Shares of PROG Holdings, Inc $PRG
SummitTX Capital L.P. significantly increased its stake in PROG Holdings, Inc. (NYSE:PRG) by 162.3% in the first quarter, adding 23,922 shares to own a total of 38,662 shares valued at $1.11 million. This comes as PROG Holdings exceeded second-quarter earnings and revenue expectations, reporting $1.19 EPS on $719.7 million revenue, though third-quarter revenue guidance fell below analyst consensus. Despite investor concerns regarding elevated write-offs and consumer pressure, analysts maintain a "Moderate Buy" rating with an average target price of $47.36.
GUIDANCE: (PRG) PROG Holdings, Inc. Expects Q3 Adjusted EPS Range $1.00 - $1.20
PROG Holdings, Inc. (PRG) has released its adjusted EPS guidance for the third quarter, anticipating a range of $1.00 to $1.20. This financial outlook provides investors with insights into the company's expected performance for the upcoming quarter.
PROG Holdings: Q2 Earnings Snapshot
This article provides a brief snapshot of PROG Holdings' second-quarter earnings. Due to the limited content provided, specific financial details are not available.
PROG (NYSE:PRG) Posts Better-Than-Expected Sales In Q2 CY2026
PROG Holdings (NYSE:PRG) reported better-than-expected revenue in Q2 CY2026, with sales increasing 19% year-on-year to $719.7 million, exceeding analyst estimates. The company also surpassed non-GAAP profit expectations and slightly raised its full-year revenue and Adjusted EPS guidance. Despite strong results, the stock traded down immediately after the announcement, prompting further analysis of its investment potential.
PROG Holdings: Q2 Earnings Snapshot
This article provides a brief snapshot of PROG Holdings' Q2 earnings. The content provided is minimal, offering only the title and an indication of the article's focus on the financial results for the second quarter. No specific financial data points or analysis are included in the given extract.
PROG Holdings (NYSE: PRG) raises 2026 outlook on strong Q2 and deleveraging
PROG Holdings (NYSE: PRG) reported strong Q2 2026 results, with revenue up 22.3% to $719.7 million and consolidated gross merchandise volume up 60.1% to $902.0 million. The company significantly deleveraged, reducing total debt by $304.9 million since acquiring Purchasing Power, ending the quarter with a net leverage ratio of 1.7x. Consequently, PROG Holdings raised its full-year 2026 outlook for revenue, adjusted EBITDA, and non-GAAP diluted EPS, and provided Q3 guidance.
PROG Holdings (NYSE:PRG) Shares Dip Despite Q2 EPS Beat as Revenue Misses Estimates
PROG Holdings (NYSE:PRG) reported a mixed Q2 2026, with non-GAAP earnings per share significantly beating analyst estimates at $1.19 versus $0.96, while revenue of $719.7 million slightly missed the $723.8 million consensus. Despite raising its full-year EPS outlook, shares dipped in pre-market trading, likely due to the slight revenue miss, a decline in the core Progressive Leasing segment revenue, and a Q3 revenue guidance that fell below street estimates. The market sentiment seems to be weighing the revenue concerns and conservative Q3 outlook more heavily than the earnings beat and improved debt leverage.
GUIDANCE: (PRG) PROG Holdings, Inc. Expects Q3 Revenue Range $715.0M - $750.0M
PROG Holdings, Inc. (PRG) has released its third-quarter revenue guidance, projecting a range of $715.0 million to $750.0 million. This guidance provides key financial expectations for the upcoming quarter for investors and analysts to consider. The company's performance within this range will be a significant indicator of its financial health and market position.
PROG Holdings, Inc $PRG Shares Bought by First Trust Advisors LP
First Trust Advisors LP significantly increased its stake in PROG Holdings, Inc (NYSE:PRG) by 588% in the first quarter, now owning 840,029 shares valued at $24.1 million. This move is part of broader institutional interest, with hedge funds and institutional investors holding 97.92% of the company's stock. Analysts maintain a "Moderate Buy" rating for PROG, with an average target price of $47.36, following strong Q1 earnings that surpassed estimates.
PROG Holdings earnings up next: Can momentum hold after Q1 beat? By Investing.com
PROG Holdings is set to report its second-quarter earnings, with analysts anticipating $0.95 per share on $713.49 million in revenue. This comes after a strong Q1 performance, and investors will be closely watching if the company can maintain its momentum despite expected sequential declines in revenue. Key areas of focus include growth/profitability balance, credit quality, debt management, and the potential impact of its recent inclusion in Russell indices.
PROG Holdings Q2 Preview: Leveraging Strengths Amid Market Woes
PROG Holdings (PRG) is set to release its second-quarter 2026 results on July 29, with analysts anticipating increased revenues but a slight year-over-year decrease in EPS. The company expects strong performance from Progressive Leasing and Four, despite concerns regarding lower-income consumers. The Zacks quantitative model does not predict an earnings surprise for PRG, which currently holds a Zacks Rank of 3 and an Earnings ESP of 0.00%.
PROG (PRG) Reports Earnings Tomorrow: What To Expect
PROG Holdings (PRG) is set to report its earnings tomorrow before the bell. The financial technology company exceeded analyst revenue expectations last quarter and the market anticipates an 18.1% year-on-year revenue growth for the upcoming report. Despite positive sentiment in the financial services sector, PROG's stock is down 6.1% over the last month, trading below its average analyst price target.
PROG Holdings, Inc $PRG Position Lessened by Gamco Investors INC. ET AL
Gamco Investors INC. ET AL significantly reduced its stake in PROG Holdings, Inc (NYSE:PRG) by 32.3% in the first quarter, now holding 107,625 shares valued at $3.088 million. Despite this, other institutional investors like Royal Bank of Canada, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd., Millennium Management LLC, and Goldman Sachs Group Inc. increased their positions, while Caxton Associates LLP bought a new stake. The fintech company reported strong Q1 earnings, beating consensus estimates, and analysts have a "Moderate Buy" rating with an average target price of $47.36.
PROG Holdings Q2 Preview: Leveraging Strengths Amid Market Woes
PROG Holdings (PRG) is set to release its second-quarter 2026 results on July 29, with analysts anticipating revenues between $700 million and $725 million and EPS of 85 cents to $1.05. Despite an expected 17.68% year-over-year revenue increase, the Zacks Consensus Estimate for EPS implies a 5.88% decrease. The company's model does not predict an earnings surprise, but the report will shed light on demand for Progressive Leasing and growth at Four, alongside Purchasing Power's contribution.
PROG Holdings, Inc $PRG Stock Holdings Boosted by Dean Capital Management
Dean Capital Management significantly increased its stake in PROG Holdings, Inc. (NYSE:PRG) by 310.2% in the first quarter, now holding 57,368 shares valued at approximately $1.65 million. This aligns with a consensus "Moderate Buy" rating from analysts and a recent upgrade by Jefferies to "buy" with a target of $60. The fintech company reported strong quarterly earnings of $1.24 per share, beating estimates, and a revenue increase of 11.1% year-over-year.
PRG|PROG Holdings Inc|Price:43.710|Chg%:+0.100
PROG Holdings Inc. (PRG) is a fintech holding company specializing in payment options and inclusive consumer financial products. It operates through its Progressive Leasing segment, offering lease-to-own solutions, the Vive segment for customers unlikely to qualify for prime lending, and the Four segment providing BNPL options. The article details the company's background, business scope, financial data, and market performance, including executive information and institutional shareholding data.
PROG Holdings Inc (PRG) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for PROG Holdings Inc (PRG), highlighting its current earnings forecast score of 7.75, ranking 47th in its industry. Analysts have set an average price target of $40.00 for PRG, with a consensus around a "Buy" rating. It also details expected revenue for the next quarter, historical EPS performance, and future EPS expectations.
Morningstar Investment Management LLC Acquires 28,135 Shares of PROG Holdings, Inc $PRG
Morningstar Investment Management LLC significantly increased its stake in PROG Holdings Inc. (NYSE:PRG) by 69.7% in the first quarter, purchasing 28,135 additional shares, bringing its total to 68,524 shares valued at $1.97 million. PROG Holdings recently reported strong first-quarter earnings, beating analyst expectations with $1.24 EPS on $742.67 million in revenue, an 11.1% year-over-year increase. The stock currently holds a "Moderate Buy" consensus rating from analysts with an average price target of $47.36.
Prog Holdings, Inc. (PRG) Q1 2024 Earnings Report - Results, Call & Slides
Prog Holdings, Inc. (PRG) reported its Q1 2024 earnings, beating analyst expectations with an actual EPS of $0.91 against a consensus of $0.82 and actual revenue of $641.87 million against an expected $633.36 million. Despite beating estimates, the EPS was lower than the $1.11 reported one year ago, and revenue growth showed a 2.03% year-over-year decline. The company announced its Q1 earnings on April 24, 2024, before the market open and has estimated its next earnings date for July 29, 2026.
PROG Holdings, Inc $PRG Shares Purchased by Fifth Third Bancorp
Fifth Third Bancorp significantly increased its holdings in PROG Holdings, Inc. (NYSE:PRG) by 13,003.7% in the first quarter, now owning 49,794 shares valued at $1.43 million. Other hedge funds also adjusted their stakes, indicating varied institutional investor confidence. PROG Holdings recently reported strong first-quarter earnings, beating analyst estimates for both EPS and revenue, and analysts have a "Moderate Buy" rating with an average price target of $47.36.
PROG Holdings, Inc. Revenue Breakdown – NYSE:PRG
PROG Holdings, Inc. (NYSE: PRG) generated $2.41 billion USD in revenue last year. The primary source of this revenue was its Progressive Leasing segment, contributing $2.32 billion USD, and the United States was the company's largest geographical market.
PROG (PRG) Projected to Announce Earnings on Wednesday
PROG (NYSE:PRG) is expected to announce its Q2 2026 earnings before market open on Wednesday, July 29th, with analysts projecting $0.96 EPS and $713.4950 million in revenue. The fintech holding company reported better-than-expected earnings of $1.24 EPS in its previous quarter, exceeding consensus estimates. Multiple analysts have recently updated their ratings and price targets for PROG, with a consensus of "Moderate Buy" and an average price target of $47.36.
