Guy J. Constant, EVP-finance, CFO and treasurer of Rent-A-Center Inc. (NASDAQ:RCII), bought 10,000 shares in RCII on August 11 at an average price per share of $24.84. The total transaction amount was $248,400.
Rent-A-Center, Inc., leases household durable goods to customers on a rent-to-own basis. The company was incorporated in Delaware in 1986 and has a market cap of $1.32 billion. The dividend yield of Rent-A-Center stocks is 3.50%; Rent-A-Center had an annual average earnings growth of 6.60% over the past 10 years.
As of June 30, Rent-A-Center operated 3,023 stores in the U.S., Canada, Mexico and Puerto Rico. The company offers high-quality durable products – i.e., major consumer electronics, appliances, computers, and furniture and accessories – on rent-to-own agreements.
The company's corporate headquarters is located in Plano, Texas.
GuruFocus rated Rent-A-Center the business predictability rank of 4.5-star.
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