PROG Holdings, Inc. (PRG) Stock Price, News, Quote & History
This Yahoo Finance page provides a comprehensive overview of PROG Holdings, Inc. (PRG), a financial technology holding company specializing in lease-to-own and buy-now-pay-later solutions. It includes current stock performance (PRG at $31.77, +1.99%), key financial metrics like market cap and P/E ratio, and an overview of its business segments. The article also presents performance charts, analyst ratings, and financial statistics.
How (PRG) Movements Inform Risk Allocation Models
This article analyzes Prog Holdings Inc. (NYSE: PRG) using AI models to inform risk allocation. Key findings indicate weak near and mid-term sentiment but a strong long-term outlook, with support being tested. The analysis provides specific trading strategies (Position, Momentum Breakout, Risk Hedging) with entry, target, and stop-loss levels, and highlights an exceptional 50.8:1 risk-reward setup.
VIRGINIA RETIREMENT SYSTEMS ET Al Invests $1.55 Million in PROG Holdings, Inc $PRG
VIRGINIA RETIREMENT SYSTEMS ET Al has acquired 33,300 shares of PROG Holdings, Inc (NYSE:PRG) worth approximately $1.55 million in the second quarter. Institutional investors collectively own 97.92% of the company, which recently reported strong quarterly earnings of $1.19 EPS, surpassing analyst estimates. PROG Holdings also announced a quarterly dividend of $0.14 per share, translating to a 1.5% annualized yield, while analysts maintain a "Moderate Buy" consensus rating with an average price target of $49.44.
Squarepoint Ops LLC Boosts Holdings in PROG Holdings, Inc $PRG
Squarepoint Ops LLC significantly increased its stake in PROG Holdings, Inc. by 143% during the second quarter, now owning 107,278 shares valued at $5 million. Institutional investors collectively hold 97.92% of the company, and analysts maintain a "Moderate Buy" rating with a target price of $49.44. PROG Holdings reported strong quarterly earnings, exceeding consensus estimates, and pays a quarterly dividend.
Breach Inlet Capital Issues Presentation Highlighting that PROG Holdings is a Misunderstood Transformation with Potential Catalysts
Breach Inlet Capital, a top 10 shareholder of PROG Holdings, Inc. (NYSE: PRG), has issued an investment presentation asserting that PROG Holdings' shares are materially undervalued. The firm believes that PRG is undergoing a misunderstood transformation and could unlock value by spinning off its high-growth business, which could correct the current mispricing. Breach Inlet Capital holds approximately 3.0% of PROG Holdings' outstanding shares.
Breach Inlet Capital Issues Presentation Highlighting that PROG Holdings is a Misunderstood Transformation with Potential Catalysts
Breach Inlet Capital, a top 10 shareholder of PROG Holdings, Inc. (NYSE: PRG), has issued an investment presentation asserting that the company's shares are materially undervalued. The firm suggests that PRG could spin off its high-growth business to correct this mispricing. Breach Inlet Capital holds approximately 3.0% of PROG Holdings' shares outstanding and believes the company is undergoing a misunderstood transformation with potential catalysts.
PROG Holdings, Inc (NYSE:PRG) Given Average 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. The company recently surpassed earnings expectations, reporting $1.19 EPS against a $0.95 estimate and revenue of $719.72 million. Despite positive analyst sentiment and strong earnings, the stock opened down 1.8% at $37.38, and insiders have sold shares worth approximately $183,060 in the last 90 days.
Vulcan Value Partners LLC Sells 285,248 Shares of PROG Holdings, Inc $PRG
Vulcan Value Partners LLC significantly reduced its stake in PROG Holdings, Inc. (NYSE:PRG) by 50.4% in the second quarter, selling 285,248 shares and retaining 281,066 shares valued at $13.1 million. Despite this sale, institutional investors collectively hold 97.92% of the company's stock. PROG Holdings recently reported strong quarterly earnings, beating analyst expectations for both EPS and revenue, and announced a quarterly dividend of $0.14 per share, while analysts maintain a "Moderate Buy" consensus with an average price target of $49.44.
Public Employees Retirement System of Ohio Buys Shares of 42,578 PROG Holdings, Inc $PRG
The Public Employees Retirement System of Ohio has acquired 42,578 shares of PROG Holdings, Inc. (NYSE:PRG) for approximately $1.99 million, representing a 0.11% stake in the company. Institutional investors now own 97.92% of PROG, which recently reported strong quarterly earnings and declared a $0.14 per share dividend. Analysts maintain a "Moderate Buy" rating for PROG, with an average price target of $49.44.
Behavioral Patterns of PRG and Institutional Flows
This article analyzes Prog Holdings Inc. (NYSE: PRG) using AI models, highlighting weak near and mid-term sentiment but a strong long-term outlook. It identifies a significant short setup with a 46.5:1 risk-reward ratio and provides three distinct institutional trading strategies: Position Trading, Momentum Breakout, and Risk Hedging, along with multi-timeframe signal analysis.
Wellington Management Group LLP Raises Position in PROG Holdings, Inc $PRG
Wellington Management Group LLP increased its stake in PROG Holdings, Inc. by 12.5% in the second quarter, bringing its total holdings to 697,324 shares valued at $32.5 million. Other institutional investors also adjusted their positions in the company, which reported strong quarterly earnings of $1.19 EPS against a $0.95 consensus and declared a $0.14 per share quarterly dividend. Analysts maintain a "Moderate Buy" consensus rating for PROG, with an average price target of $49.44.
PROG Holdings, Inc $PRG Shares Purchased by Ancora Advisors LLC
Ancora Advisors LLC significantly increased its stake in PROG Holdings, Inc., acquiring an additional 110,436 shares, bringing their total to 478,176 shares valued at $22.3 million. The fintech company has received a "Moderate Buy" consensus rating from analysts, with some increasing price targets following strong Q2 earnings where PROG beat EPS and revenue estimates and reaffirmed fiscal 2026 guidance. Institutional investors own a substantial 97.92% of the company's stock, while insiders have recently sold shares.
Bank of New York Mellon Corp Makes New Investment in PROG Holdings, Inc $PRG
Bank of New York Mellon Corp has acquired a new stake in PROG Holdings, Inc, purchasing over 670,000 shares valued at approximately $31.2 million, representing a 1.67% ownership. This investment follows PROG Holdings exceeding its quarterly earnings and revenue estimates, with strong institutional investor interest. Despite a slight dip in share price, analysts maintain a positive outlook with a consensus "Moderate Buy" rating for the fintech company.
Ancora Advisors LLC Invests $22.29 Million in PROG Holdings, Inc $PRG
Ancora Advisors LLC has made a significant investment in PROG Holdings, Inc. (NYSE:PRG), acquiring 478,176 shares valued at approximately $22.29 million, representing a 1.20% stake in the company. Other institutional investors have also adjusted their positions in PROG, while company insiders have recently sold shares totaling over $183,000. Analyst ratings for PROG are generally positive, with a "Moderate Buy" consensus and an average price target of $49.44.
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.
Q2 Rundown: PROG (NYSE:PRG) Vs Other Specialty Finance Stocks
This article reviews the Q2 performance of several specialty finance stocks, highlighting PROG (NYSE:PRG), Encore Capital Group (NASDAQ:ECPG), HA Sustainable Infrastructure Capital (NYSE:HASI), Sixth Street Specialty Lending (NYSE:TSLX), and Main Street Capital (NYSE:MAIN). While PROG delivered strong results, its stock declined, suggesting high investor expectations. Encore Capital Group achieved the best performance relative to analyst estimates, while HA Sustainable Infrastructure Capital showed the slowest revenue growth and weakest performance against estimates.
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 (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 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, 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.
