PROG Holdings, Inc. (PRG) PROG Holdings, Inc. functions as a multi-channel financial services firm, specializing in lease-to-own programs for individuals with limited credit access or those traditionally considered underserved. The company's operations are divided into two distinct segments. The Progressive Leasing division provides customers with rent-to-own options for a diverse array of merchandise, such as furniture, household appliances, electronic gadgets, jewelry, mobile phones and their accessories, mattresses, and automobile electronics and fittings. These services are delivered through various touchpoints, including in-store, mobile, and online channels, often in collaboration with point-of-sale and e-commerce retail partners. Meanwhile, the Vive segment extends "second-chance" and revolving credit solutions, utilizing both its own and co-branded credit cards. These offerings are specifically tailored for consumers who might not qualify for conventional prime credit facilities. Across 49 U.S. states and the District of Columbia, PROG Holdings' lease-purchase solutions are made available through a vast network of approximately 24,000 third-party retail partner locations and their corresponding e-commerce platforms. Founded in 1955 and based in Draper, Utah, the company underwent a name change from Aaron's Holdings Company, Inc. to PROG Holdings, Inc. in December 2020.
Sector: Services-Equipment Rental & Leasing, NEC
Industry: Financial - Credit Services
PROG Holdings, Inc. NYSE:PRG Financial Services · Financial - Credit Services
Mkt Cap $1.42B
Div Yield 1.51%
CLOSED · Nov 3 $36.53 CLOSED · Nov 3 Prev close $38.19 Close $36.53 0.00% AH close $36.53 VOL 1.44M $ Vol $53.23M RVOL 1.79x
Mkt Cap $1.42B
VOL 1.44M sh
$ Vol $53.23M
RVOL 1.79×
Div Yield 1.51%
Press Release ● Major ⚠ 4
PROG Holdings Reports Third Quarter 2026 Results
PROG Holdings reported Q3 2026 revenue of $725.8 million, up 25.6% year-over-year, with consolidated GMV of $912 million, up 58.9%.
Non-GAAP diluted EPS rose 21.8% to $1.06 (GAAP diluted EPS $0.92), led by Four's 113.8% revenue growth, though core Progressive Leasing revenue slipped 0.7%.
Management cut the FY2026 outlook — revenue to $3,015M-$3,050M and non-GAAP EPS to $4.70-$4.85 from prior $4.75-$5.00 — citing macro pressure on consumers.
The company announced a planned $100M accelerated share repurchase, a board-replenished $500M buyback authorization extended to October 2029, and a $0.14 quarterly dividend.
• 6d ago AI analysis › Press Release
PROG Holdings Announces Intention to Enter into $100 Million Accelerated Share Repurchase Program
PROG Holdings intends to enter into a $100 million accelerated share repurchase agreement, with transactions expected to be completed during Q1 2027.
In connection with the ASR, the Board replenished and extended the buyback program, adding $237 million and bringing the total authorization to $500 million through October 26, 2029.
Management cited consistent cash flow generation and a return to its targeted net leverage range as enabling the capital return alongside reinvestment and strategic M&A priorities.
• 6d ago AI analysis › Press Release
PROG Holdings, Inc. to Release Third Quarter 2026 Financial Results on October 28, 2026
PROG Holdings (NYSE: PRG) will release Q3 2026 financial results before market open on Wednesday, October 28, 2026.
A live webcast to discuss the results is scheduled for 8:30 A.M. ET the same day, accessible via the company's investor relations site.
The release contains no financial figures or guidance; it is a scheduling notice only.
• 27d ago AI analysis › Press Release ⚠ 3
Breach Inlet Capital Issues Presentation Highlighting that PROG Holdings is a Misunderstood Transformation with Potential Catalysts
Breach Inlet Capital, a top-10 shareholder of PROG Holdings with approximately 3.0% of shares outstanding, published an investment presentation arguing PRG shares are materially undervalued.
The presentation floats a potential catalyst: PRG could spin off its high-growth business to correct what the firm views as a mispricing.
This is third-party activist commentary, not a company disclosure — and the release's own disclaimer cites a ~2.7% stake while noting the firm may buy or sell shares at any time without notice.
• 1mo ago AI analysis › Press Release
PRG Appoints Jennifer Caserta as Chief People Officer and Joe Simon as Chief Technology & Information Officer
businesswire.com • 2mo ago Press Release
Precipitate Grants Incentive Stock Options
Precipitate Gold Corp. granted an aggregate of 10,170,000 incentive stock options to directors, officers, and consultants pursuant to its Equity Incentive Plan.
The options are exercisable at a price of $0.165 per share for a period of five years, expiring on August 24, 2031, and are subject to acceptance by the TSX Venture Exchange.
The company continues to focus on the exploration and advancement of its mineral properties in the Dominican Republic, including the Juan de Herrera, Pueblo Grande, and Ponton projects.
• 2mo ago AI analysis › Press Release
PROG Holdings, Inc. Declares Dividend
PROG Holdings declared a quarterly cash dividend of $0.14 per share, payable on September 3, 2026.
Shareholders of record as of the close of business on August 18, 2026 are eligible for the payment.
The company operates as a fintech holding company for subsidiaries including Progressive Leasing, Four Technologies, MoneyApp and Purchasing Power.
• 2mo ago AI analysis › Press Release ⚠ 2
Precipitate Reports Results for 2,050 metre Diamond Drill Program at Pueblo Grande Norte Target, Dominican Republic
Precipitate Gold reported final results from a 2,050-meter diamond drill program at the Pueblo Grande Norte target, confirming that no economically significant mineralization was intersected.
While the drilling successfully tested geophysical anomalies, results showed only elevated pyrite concentrations and strong alteration rather than the gold or copper values the company anticipated.
Management stated the results fell short of aspirations and plans to refocus exploration efforts on the flagship Juan de Herrera project.
• 3mo ago AI analysis › Press Release ● Major ⚠ 2
PROG Holdings Reports Second Quarter 2026 Results
PROG Holdings reported Q2 2026 revenue of $719.7 million, up 22.3% year-over-year, with Adjusted EBITDA rising 22.8% to $88.4 million.
Consolidated GMV surged 60.1% to $902.0 million, driven by triple-digit growth at Four and contributions from the recently acquired Purchasing Power, while Progressive Leasing returned to positive GMV growth.
The company reduced its net leverage ratio to 1.7x and resumed share repurchases, leading it to raise full-year 2026 outlook for revenue, adjusted EBITDA, and non-GAAP EPS.
• 3mo ago AI analysis › Press Release
Precipitate Gold Strengthens Board with Appointment of Dominican Business Leader Pelayo Troncoso and Mining Finance Executive John Wenger
Precipitate Gold appointed Pelayo Troncoso and John Wenger to its Board of Directors, returning the board to five members.
Troncoso brings capital markets expertise as CEO of Gamma International Bank and deep connections in the Dominican Republic, while Wenger adds mining finance experience as CFO of Miata Metals.
The company stated these appointments strengthen its governance and regional expertise to advance its Dominican Republic exploration projects.
• 3mo ago AI analysis › Press Release
PROG Holdings, Inc. to Release Second Quarter 2026 Financial Results on July 29, 2026
PROG Holdings announced it will release its second quarter 2026 financial results on Wednesday, July 29, 2026, prior to the market open.
The company has scheduled a live webcast to discuss the results for 8:30 A.M. ET on the same day, accessible via its investor relations website.
• 3mo ago AI analysis › Press Release
President and CEO Steve Michaels Named Chairman of PROG Holdings, Inc.
PROG Holdings announced that President and CEO Steve Michaels has been appointed Chairman of the Board, succeeding Ray Robinson.
Mr. Robinson, the former Chairman, has been appointed to the role of Lead Independent Director.
The Board cited Michaels' strategic vision and financial performance delivery as key drivers behind the decision to consolidate the leadership roles.
• 5mo ago AI analysis › Press Release ● Major
PROG Holdings, Inc. Declares Dividend
businesswire.com • 5mo ago Press Release ⚠ 2
Precipitate Provides Update on Recent Dominican Republic Government Statement; Drilling Continues at Pueblo Grande Project
Precipitate Gold clarified that the Dominican Republic government's temporary halt of GoldQuest Mining's Romero project does not affect its own three projects, which remain in good standing with valid permits.
Diamond drilling continues at the Pueblo Grande Project, where four holes totaling approximately 1,600 meters have been completed; a fifth hole is planned to bring the total to roughly 2,000 meters.
The company reported holding C$9.0 million in working capital to fund its exploration strategy and emphasized its commitment to community engagement and environmental stewardship.
• 5mo ago AI analysis › Press Release ● Major
PROG Holdings Reports First Quarter 2026 Results
PROG Holdings reported Q1 revenue of $742.7 million, up 11.1% year-over-year, with Adjusted EBITDA surging 29.2% to $90.3 million.
The company raised its full-year 2026 outlook, now projecting revenue of $3.00B-$3.10B and non-GAAP EPS of $4.40-$4.80, citing strong momentum across its Four and Purchasing Power segments.
Management highlighted significant balance sheet improvement, reducing net leverage to 2.0x since the Purchasing Power acquisition, while maintaining substantial share repurchase authorization.
• 6mo ago AI analysis › Press Release
New PROG Holdings Research Offers Insight into Near- and Below-Prime Consumer Behavior
businesswire.com • 6mo ago 
