Gilford Securities Discusses Earnings From Rent-A-Center (RCII)

Gilford Securities has a Hold rating on shares of Rent-A-Center RCII after it reported earnings. In a note to clients, Gilford writes, "Rent-A-Center is the largest rent-to-own (RTO) operator in the United States. The company generates strong cash flow from its mature store base. Management plans to drive growth via new international stores (primarily Mexico), Home Choice sites (former rent-to-own locations converted into a traditional retail concept) and RAC Acceptance kiosks (its rent-to-own agreement offered in third-party independent furniture stores)." Shares of RCII are up 24 cents to $30.45, a gain of 0.8% this morning.