Aarons, (AAN) is having a Dividend Yield of 0.37% with the Annual cash Dividend per share of $0.1. The last quarter cash dividend per share pay out was $0.03. Aarons, has a 5 year average dividend yield of 0.3% and the stock has a Indicated annual dividend of $0.11. Aarons, (AAN) formally announced its most recent dividend on November 3, 2016 with a Dividend per share of $0.03. The new indicated annual dividend based on announced dividend per share is $0.11. The dividend yield based on the forward looking indicated annual dividend is 0.37%. Aarons, (AAN) has the most recent dividend payout ratio of 0.05 with a 5-year average payout ratio of 0.04. The 5 year historical dividend growth of Aarons, (AAN) is at the rate of 13.7% while the R-Squared dividend growth is 0.94. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Aarons, Inc. (NYSE:AAN) rose 0.2% or 0.06 points on Thursday and made its way into the gainers of the day. After trading began at $29.41 the stock was seen hitting $29.77 as a peak level and $29.245 as the lowest level. The stock ended up at $29.52. The daily volume was measured at 892,842 shares. The 52-week high of the share price is $34.22 and the 52-week low is $20.26. The company has a market cap of $2,108 million. Aarons, Inc. has lost 1.5% in the last five trading days and dropped 8.64% in the last 4 weeks. Aarons, Inc. is up 5.28% in the last 3-month period. Year-to-Date the stock performance stands at -7.72%.
Currently the company Insiders own 1.12% of Aarons, Inc. shares according to the proxy statements. Institutional Investors own 96.2% of Aarons, Inc. shares. Company has reported several Insider transactions to the SEC, on Aug 23, 2016, Robert H Yanker (director) purchased 40,000 shares at 25.29 per share price.On Mar 21, 2016, Curtis Linn Doman (CTO Progressive Leasing) purchased 3,000 shares at 23.75 per share price.On Mar 8, 2016, Ryan K Woodley (CEO) purchased 4,000 shares at 23.64 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Aaron's was Upgraded by SunTrust to Buy on Jan 20, 2017. Aaron's was Downgraded by Raymond James to Mkt Perform on Jan 19, 2017. Aaron's was Initiated by Loop Capital to Hold on Dec 13, 2016. Aaron's was Downgraded by Sidoti to Neutral on Dec 9, 2016.
Aaron's Last issued its quarterly earnings results on Oct 28, 2016. The company reported $0.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.47. The company had revenue of $768.98 million for the quarter, compared to analysts expectations of $778.73 million. The companys revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 EPS.
Aarons, Inc. is engaged in the sales and lease ownership and specialty retailing of residential and office furniture, consumer electronics, home appliances and accessories. It is engaged in the lease ownership, lease and retail sale of a variety of products, such as widescreen and LCD televisions, computers, living room and bedroom furniture, and refrigerators The company offers products of various brands, such as JVC, Mitsubishi, Philips, Panasonic, Sony, Dell, Hewlett-Packard, Simmons, Frigidaire, and Sharp. Aarons, Inc. is based in Atlanta, Georgia.