progressive leasing is a prestigious innovator that has the financial security and ambition to change an industry! one of the fastest growing companies in utah, progressive was founded in 1999 and has thrived since its inception. our scalable, customer payment software product provides lease-purchase technology solutions through 15,000+ retail locations in 46 states. on track to reach $1b in revenue this year, progressive leasing is a wholly-owned subsidiary of aaron’s inc. (nyse: aan).
![PROG logo](/files/LOGO/1808834-AAN.png)
Company profile
Ticker
PRG
Exchange
Website
CEO
Steven A. Michaels
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
Aaron's Holdings Company, Inc.
SEC CIK
Corporate docs
Subsidiaries
PROG Holding Company, LLC • Vive Financial LLC • Progressive Finance Holdings, LLC • Prog Leasing, LLC • Four Technologies, Inc. • PRG Ventures, Inc. • Prog Services, Inc. • PRGB, Inc. • Approve.Me LLC • AM2 Enterprises, LLC ...
PRG stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
24 Jul 24
8-K
PROG Holdings Reports Second Quarter 2024 Results
24 Jul 24
8-K
PROG Holdings, Inc. Declares Dividend
16 May 24
10-Q
2024 Q1
Quarterly report
24 Apr 24
8-K
PROG Holdings Reports First Quarter 2024 Results
24 Apr 24
DEF 14A
Definitive proxy
4 Apr 24
10-K
2023 FY
Annual report
21 Feb 24
8-K
PROG Holdings Reports Fourth Quarter 2023 Results; Initiates Quarterly Cash Dividend
21 Feb 24
8-K
PROG Holdings Announces Cost Savings Actions
25 Jan 24
10-Q
2023 Q3
Quarterly report
25 Oct 23
Transcripts
PRG
Earnings call transcript
2024 Q2
24 Jul 24
PRG
Earnings call transcript
2024 Q1
24 Apr 24
PRG
Earnings call transcript
2023 Q4
21 Feb 24
PRG
Earnings call transcript
2023 Q3
25 Oct 23
PRG
Earnings call transcript
2023 Q2
26 Jul 23
PRG
Earnings call transcript
2023 Q2
26 Jul 23
PRG
Earnings call transcript
2023 Q1
26 Apr 23
PRG
Earnings call transcript
2022 Q4
22 Feb 23
PRG
Earnings call transcript
2022 Q3
26 Oct 22
PRG
Earnings call transcript
2022 Q2
30 Jul 22
Latest ownership filings
11-K
Annual report of employee stock purchases
25 Jun 24
4
CYNTHIA N DAY
17 May 24
4
Ramon Michael Martinez
17 May 24
4
RAY M ROBINSON
17 May 24
4
Caroline Sio-Chin Sheu
17 May 24
4
James P. Smith
17 May 24
4
Kathy T Betty
17 May 24
4
DOUGLAS C CURLING
17 May 24
4
Michael Todd King
11 Mar 24
4
Brian Garner
11 Mar 24
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 250.13 mm | 250.13 mm | 250.13 mm | 250.13 mm | 250.13 mm | 250.13 mm |
Cash burn (monthly) | 897.33 k | 225.33 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 807.59 k | 202.80 k | n/a | n/a | n/a | n/a |
Cash remaining | 249.33 mm | 249.93 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 277.9 | 1109.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
93.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 220 |
Opened positions | 196 |
Closed positions | 4 |
Increased positions | 5 |
Reduced positions | 9 |
13F shares | Current |
---|---|
Total value | 1.27 tn |
Total shares | 40.14 mm |
Total puts | 75.40 k |
Total calls | 36.70 k |
Total put/call ratio | 2.1 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 7.80 mm | $268.51 bn |
Vanguard | 5.55 mm | $191.24 bn |
FMR | 2.55 mm | $87.87 bn |
Dimensional Fund Advisors | 1.89 mm | $65.01 bn |
STT State Street | 1.71 mm | $58.76 bn |
Vulcan Value Partners | 979.61 k | $33.74 mm |
Geode Capital Management | 973.95 k | $33.55 bn |
D. E. Shaw & Co. | 889.27 k | $30.63 bn |
BK Bank Of New York Mellon | 750.74 k | $25.86 bn |
AMP Ameriprise Financial | 679.11 k | $23.39 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 May 24 | Curling Douglas C | Common Stock | Grant | Acquire A | No | No | 36.13 | 4,151 | 149.98 k | 35,667 |
15 May 24 | Betty Kathy T | Common Stock | Grant | Acquire A | No | No | 36.13 | 4,151 | 149.98 k | 57,190 |
15 May 24 | James P. Smith | Common Stock | Grant | Acquire A | No | No | 36.13 | 4,151 | 149.98 k | 16,701 |
15 May 24 | Caroline Sio-Chin Sheu | Common Stock | Grant | Acquire A | No | No | 36.13 | 4,151 | 149.98 k | 16,536 |
15 May 24 | Robinson Ray M | Common Stock | Grant | Acquire A | No | No | 36.13 | 4,151 | 149.98 k | 41,285 |
News
Decoding 3 Analyst Evaluations For PROG Holdings
25 Jul 24
Keybanc Maintains Overweight on PROG Holdings, Raises Price Target to $46
25 Jul 24
TD Cowen Maintains Buy on PROG Holdings, Raises Price Target to $47
25 Jul 24
Loop Capital Maintains Hold on PROG Holdings, Raises Price Target to $41
25 Jul 24
Crude Oil Gains 1%; AT&T Shares Rise After Q2 Earnings
24 Jul 24