PROG (PRG) Expected to Post Quarterly Earnings on Wednesday

PROG (NYSE:PRG) is projected to post its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect the company to announce earnings of $1.09 per share and revenue of $737.83 million for the quarter. PROG has set its Q3 2026 guidance at 1.000-1.200 EPS and its FY 2026 guidance at 4.750-5.000 EPS. Individuals may visit the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 8:30 AM ET.

PROG (NYSE:PRG) last issued its earnings results on Wednesday, July 29th. The fintech holding company reported $1.19 EPS for the quarter, beating the consensus estimate of $0.95 by $0.24. PROG had a net margin of 5.57% and a return on equity of 21.88%. The company had revenue of $719.72 million during the quarter, compared to analysts’ expectations of $713.50 million. On average, analysts expect PROG to post $4.93 EPS for the current fiscal year and $5.52 EPS for the next fiscal year.

PROG Stock Down 0.1%

Shares of PROG stock opened at $30.25 on Monday. The company has a quick ratio of 2.29, a current ratio of 4.03 and a debt-to-equity ratio of 1.10. PROG has a 12 month low of $25.80 and a 12 month high of $47.73. The business has a fifty day simple moving average of $34.92 and a 200 day simple moving average of $37.19. The stock has a market cap of $1.20 billion, a PE ratio of 8.36 and a beta of 1.78.

PROG Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Tuesday, August 18th were paid a $0.14 dividend. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a $0.56 annualized dividend and a yield of 1.9%. PROG’s dividend payout ratio is presently 15.47%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on PRG shares. Loop Capital upgraded PROG from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a research report on Thursday, October 8th. TD Cowen upped their price target on PROG from $45.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Weiss Ratings upgraded shares of PROG from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, October 16th. B. Riley Financial lifted their price objective on shares of PROG from $57.00 to $64.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Finally, Wall Street Zen lowered shares of PROG from a “strong-buy” rating to a “buy” rating in a research note on Sunday, September 6th. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, PROG has a consensus rating of “Moderate Buy” and a consensus price target of $47.81.

Insider Buying and Selling

In other news, CAO George M. Sewell sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $45.53, for a total transaction of $91,060.00. Following the transaction, the chief accounting officer directly owned 28,385 shares of the company’s stock, valued at approximately $1,292,369.05. This trade represents a 6.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael King sold 1,070 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $46.00, for a total transaction of $49,220.00. Following the transaction, the insider directly owned 60,825 shares in the company, valued at $2,797,950. This represents a 1.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 4,000 shares of company stock worth $183,060. Company insiders own 3.72% of the company’s stock.

PROG Company Profile

PROG Holdings, Inc is a financial technology company that provides consumer payment and lease-to-own solutions through its operating businesses. Its services are designed to help consumers acquire household goods and other merchandise through retail stores, e-commerce websites and other merchant channels.

The company’s primary business is Progressive Leasing, a lease-to-own provider that gives consumers an alternative to traditional credit when purchasing products such as furniture, appliances, electronics, mattresses and other household merchandise.