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PRG Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
29.080
Open
28.850
VWAP
28.35
Vol
510.65K
Mkt Cap
1.15B
Low
27.270
Amount
14.47M
EV/EBITDA(TTM)
0.79
Total Shares
40.06M
EV
1.44B
EV/OCF(TTM)
4.29
P/S(TTM)
0.49
PROG Holdings, Inc. is a fintech holding company that provides payment options and inclusive consumer financial products. Its Progressive Leasing segment is provider of e-commerce, app-based, in-store point-of-sale lease-to-own solutions provider. The segment provides consumers with lease-purchase solutions through its point-of-sale partner locations and e-commerce Website partners. Its Vive segment primarily serves customers that may not qualify for traditional prime lending offers who desire to purchase goods and services from participating merchants. Vive offers customized programs with services that include revolving loans through private label and Vive-branded credit cards. The Company also owns Four Technologies, provider of Buy Now, Pay Later payment options through its platform Four; Build, provider of personal credit building products, and Purchasing Power, a voluntary employee benefit program that enables workers to purchase brand-name products and services.
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Events Timeline

(ET)
2026-02-25
17:30:00
Prog Holdings Announces Quarterly Cash Dividend Increased to 14 Cents
select
2026-02-18 (ET)
2026-02-18
07:50:00
Prog Holdings Q4 Revenue at $574.59M, Below Consensus
select

News

Newsfilter
8.5
03-11Newsfilter
PROG Holdings Unveils Strategic Vision at Investor Day
  • Strategic Transformation: At the 2026 Investor Day, PROG Holdings announced its shift from a leasing-centric model to a multi-product consumer access platform, with projected GMV growth of 20-25% over the next three years, significantly enhancing its competitive position in the fintech sector.
  • Technology Modernization: The company is achieving structural cost savings through core system modernization and AI deployment, which is expected to accelerate service delivery and improve customer experiences, thereby enhancing customer loyalty and overall operational efficiency.
  • Data-Driven Marketing: PROG is leveraging years of accumulated customer behavioral and payment performance data to drive personalized marketing and decision precision, which is anticipated to improve marketing effectiveness and enhance product appeal, further expanding its customer base.
  • Capital Allocation Strategy: The company reiterated its commitment to prioritizing investments in high-ROI growth initiatives while focusing on deleveraging post-Purchasing Power acquisition, and returning excess capital to shareholders through quarterly cash dividends and opportunistic share repurchases to ensure financial stability.
Benzinga
2.0
03-10Benzinga
PROG Lowers 2026 Revenue Outlook Amid Economic Uncertainty
  • Revenue Outlook Revision: PROG has revised its Purchasing Power business revenue outlook down by approximately $70 million, with new sales expectations set at $610 million to $660 million, reflecting the impact of the ASC 606 revenue recognition standard, which may lead to greater financial pressure in the future.
  • Overall Sales Guidance Decline: The company has lowered its overall sales guidance for 2026 from $3.020 billion to $3.140 billion down to $2.950 billion to $3.070 billion, indicating a challenging market environment amid economic uncertainties and soft demand for consumer durable goods.
  • Technical Analysis Signals: Despite a 21.41% increase in stock price over the past 12 months, the current trading price is 8.5% below the 20-day simple moving average, indicating short-term downward pressure, prompting investors to monitor the key support level at $32.00.
  • Analyst Ratings and Expectations: PROG's stock carries a
seekingalpha
7.0
03-10seekingalpha
Prog Holdings Lowers 2026 Revenue Guidance
  • Revenue Guidance Cut: Prog Holdings has lowered its 2026 revenue guidance from a previous range of $3.02B to $3.14B down to $2.95B to $3.07B, indicating a cautious outlook on future market conditions.
  • Purchasing Power Revenue Impact: The shift to net reporting for travel and service revenue is expected to reduce total Purchasing Power revenue by approximately $70M at both ends of the 2026 guidance range, affecting the company's overall revenue structure.
  • Limited Margin Impact: Despite the revenue guidance cut, the company anticipates no material effect on gross margins, pre-tax earnings, or adjusted EBITDA, suggesting that its profitability remains stable.
  • Stock Price Reaction: Following the guidance adjustment, Prog Holdings' stock price dropped about 7% during premarket trading on Tuesday, reflecting market concerns regarding the company's future prospects.
Newsfilter
7.0
03-10Newsfilter
PROG Holdings Updates 2026 Outlook Ahead of Investor Day
  • Purchasing Power Revenue Adjustment: The adoption of ASC 606 revenue recognition standard in 2026 is expected to reduce Purchasing Power's Travel and Service product category revenue by approximately $70 million, impacting overall revenue reporting but not materially affecting gross margin, earnings before taxes, or adjusted EBITDA.
  • 2026 Revenue Expectations: Despite the revenue adjustments for Purchasing Power, PROG Holdings continues to expect low double-digit growth in Purchasing Power's revenue for 2026, reflecting the company's confidence in future market conditions, even amid challenges of soft demand for consumer durable goods.
  • Investor Day Event Arrangement: The company will hold its Investor Day in New York City on March 10, 2026, providing a live webcast and supporting materials to ensure that investors unable to attend in person can access the latest information, enhancing transparency and investor relations.
  • Market Environment Assumptions: The company's outlook for 2026 remains unchanged, anticipating continued challenges in the operating environment, particularly with soft demand for consumer durable goods, and does not assume a material economic slowdown due to current Iran-related hostilities.
Newsfilter
8.5
03-03Newsfilter
Purchasing Power Successfully Issues $225 Million ABS
  • Cost Reduction: Purchasing Power successfully issued $225 million in asset-backed securities (ABS) with a blended rate of 4.87%, achieving a reduction of over 180 basis points compared to the 2024 ABS transaction, significantly lowering the company's borrowing costs and enhancing financial flexibility.
  • Market Entry Milestone: This transaction marks the first time a subsidiary of PROG Holdings has accessed the ABS market, reflecting the company's strategic decision to improve funding arrangements post-acquisition, thereby strengthening its competitive position.
  • Strong Investor Demand: The multi-tranche offering received ratings from Kroll Bond Rating Agency, including AAA for Class A notes, indicating robust investor demand and further solidifying Purchasing Power's standing in the financial markets.
  • Clear Use of Proceeds: Proceeds from the transaction will be used to repay existing facilities and fund originations across the Purchasing Power platform, ensuring the company has sufficient financial support for future business expansion.
Yahoo Finance
8.5
03-03Yahoo Finance
Purchasing Power Successfully Issues $225 Million ABS with 4.87% Rate
  • Cost Reduction: Purchasing Power successfully closed a $225 million asset-backed securities (ABS) issuance with a blended rate of 4.87%, achieving a reduction of over 180 basis points compared to the 2024 ABS transaction, which significantly lowers the company's borrowing costs and enhances financial flexibility.
  • Market Entry Milestone: This transaction marks the first time a subsidiary of PROG Holdings has accessed the ABS market, reflecting the strategic decision to improve funding arrangements post-acquisition and bolstering market confidence in the company's financial health.
  • Strong Investor Demand: The ABS transaction received multiple ratings from Kroll Bond Rating Agency, including AAA for Class A notes, indicating robust investor demand and further solidifying Purchasing Power's position in the financial markets.
  • Clear Use of Proceeds: Proceeds from this transaction will be used to repay existing facilities and fund originations across the Purchasing Power platform, ensuring the company maintains adequate funding for future growth and drives ongoing business development.
Wall Street analysts forecast PRG stock price to rise
3 Analyst Rating
Wall Street analysts forecast PRG stock price to rise
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
31.00
Averages
39.67
High
50.00
Current: 0.000
sliders
Low
31.00
Averages
39.67
High
50.00
TD Cowen
Hoang Nguyen
Buy
downgrade
$43 -> $40
AI Analysis
2026-03-31
New
Reason
TD Cowen
Hoang Nguyen
Price Target
$43 -> $40
AI Analysis
2026-03-31
New
downgrade
Buy
Reason
TD Cowen analyst Hoang Nguyen lowered the firm's price target on Prog Holdings to $40 from $43 and keeps a Buy rating on the shares. The firm adjusted price targets in the consumer finance group as part of a Q1 preview. Macro environment uncertainty has increased due to concerns about AI on employment and geopolitics, the analyst tells investors in a research note. TD believes higher gas prices will be a headwind to low-income consumers. Competition has remained elevated in auto lending, adds the firm. Its top picks are Capital One (COF), SLM (SLM) and Affirm (AFRM).
TD Cowen
Hoang Nguyen
Buy
maintain
$42 -> $43
2026-03-11
Reason
TD Cowen
Hoang Nguyen
Price Target
$42 -> $43
2026-03-11
maintain
Buy
Reason
TD Cowen analyst Hoang Nguyen raised the firm's price target on Prog Holdings to $43 from $42 and keeps a Buy rating on the shares. The firm met with management and came away quite constructive on the copany's 3-year targets, for which they believe the leasing business (Progressive Leasing) and BNPL business (Four) appear to target growth that is slightly higher than what they had modeled.
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Valuation Metrics

The current forward P/E ratio for PROG Holdings Inc (PRG.N) is 8.73, compared to its 5-year average forward P/E of 10.25. For a more detailed relative valuation and DCF analysis to assess PROG Holdings Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
10.25
Current PE
8.73
Overvalued PE
12.74
Undervalued PE
7.77

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
6.71
Current EV/EBITDA
0.76
Overvalued EV/EBITDA
8.59
Undervalued EV/EBITDA
4.82

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.64
Current PS
0.35
Overvalued PS
0.87
Undervalued PS
0.40

Financials

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Whales Holding PRG

C
Cambria Investment Management, L.P.
Holding
PRG
-1.07%
3M Return
V
Vulcan Value Partners, LLC
Holding
PRG
-17.21%
3M Return

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Frequently Asked Questions

What is PROG Holdings Inc (PRG) stock price today?

The current price of PRG is 28.69 USD — it has increased 0.99

What is PROG Holdings Inc (PRG)'s business?

PROG Holdings, Inc. is a fintech holding company that provides payment options and inclusive consumer financial products. Its Progressive Leasing segment is provider of e-commerce, app-based, in-store point-of-sale lease-to-own solutions provider. The segment provides consumers with lease-purchase solutions through its point-of-sale partner locations and e-commerce Website partners. Its Vive segment primarily serves customers that may not qualify for traditional prime lending offers who desire to purchase goods and services from participating merchants. Vive offers customized programs with services that include revolving loans through private label and Vive-branded credit cards. The Company also owns Four Technologies, provider of Buy Now, Pay Later payment options through its platform Four; Build, provider of personal credit building products, and Purchasing Power, a voluntary employee benefit program that enables workers to purchase brand-name products and services.

What is the price predicton of PRG Stock?

Wall Street analysts forecast PRG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PRG is39.67 USD with a low forecast of 31.00 USD and a high forecast of 50.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is PROG Holdings Inc (PRG)'s revenue for the last quarter?

PROG Holdings Inc revenue for the last quarter amounts to 595.11M USD, decreased -1.82

What is PROG Holdings Inc (PRG)'s earnings per share (EPS) for the last quarter?

PROG Holdings Inc. EPS for the last quarter amounts to 0.82 USD, decreased -57.73

How many employees does PROG Holdings Inc (PRG). have?

PROG Holdings Inc (PRG) has 1403 emplpoyees as of April 01 2026.

What is PROG Holdings Inc (PRG) market cap?

Today PRG has the market capitalization of 1.15B USD.