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Rent-A-Center CFO Invests in 10,000 Shares

August 12, 2014 | About:
David Goodloe

David Goodloe

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Guy J. Constant, EVP-finance, CFO and treasurer of Rent-A-Center Inc. (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.

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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About the author:

David Goodloe
I'm a journalist by training. I grew up in Arkansas and earned my B.A. at the University of Arkansas. I earned my master's degree at the University of North Texas. My background includes stints at newspapers in Arkansas and Texas and teaching news writing and news editing to students at the University of Oklahoma and Richland College here in Dallas. I'm the editorial manager at GuruFocus.

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