Profile
Sector:
IndustrialsIndustry:
Rental & Leasing ServicesCountry:
United StatesIPO:
25 November 2020Website:
http://www.aarons.comNext earnings report:
31 July 2024Last dividends:
14 June 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 19:00:01 GMTAnalysts recommendations
Institutional Ownership
AAN Latest News
NEW YORK, June 21, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Aaron's (AAN) gains from its e-commerce platform, backed by flexible payment options, low prices and a broader range of products.
NEW YORK, June 20, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating The Aaron's Company, Inc . ( NYSE : AAN ), relating to its proposed merger with IQVentures Holdings, LLC. Under the terms of the agreement, The Aaron's Company shareholders will receive $10.10 in cash for each share they own.
Aaron's (AAN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
NEW YORK , June 17, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by The Aaron's Company, Inc. (NYSE: AAN) and its board of directors concerning the proposed acquisition of the company by IQVentures Holdings, LLC. Stockholders will receive $10.10 for each share of The Aaron's Company stock that they hold.
The Aaron's Company (NYSE: AAN ) stock is jumping on Monday after the retail company announced a take-private deal with fintech organization IQVentures Holdings, LLC. This deal will have IQVentures acquiring AAN stock for $10.10 per share in cash.
The Aaron's Company (NYSE: AAN) is up a whopping 35% in premarket on Monday after announcing a $504 million agreement with IQVentures Holdings. IQVentures values Aaron stock at $10.10 IQVentures has agreed to pay $10.10 for each share of Aaron's in cash which represents about a 34% upside on their previous close.
Transaction Represents 34.0% Premium to Aaron's Closing Share Price on June 14 and 35.6% Premium to the 90-Day Volume Weighted Average Share Price ATLANTA , June 17, 2024 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN) ("The Aaron's Company" or the "Company") today announced that it has entered into a definitive agreement to be acquired by IQVentures Holdings, LLC ("IQVentures"), a leading fintech organization, for $10.10 per share in cash, or an enterprise value of approximately $504 million. The price represents a premium of 34.0% over the Company's closing share price of $7.54 on June 14, 2024 and a premium of 35.6% over the Company's 90-day volume-weighted average share price.
Aaron's (AAN) reported earnings 30 days ago. What's next for the stock?
Aaron's (AAN) benefits from a strong e-commerce business, driven by its omni-channel lease decisioning and the customer acquisition program. Its GenNext strategy and cost-reduction measures bode well.
What type of business is Aarons?
Aaron's Holdings Company, Inc., formerly known as Aaron's, Inc., is an American company that operates in the leasing and credit services, sales and rental of property, and sales of furniture and appliances. The company was founded in 1955 and is headquartered in Atlanta, Georgia. The company owns properties for sale and rent, as well as conducts specialized retail trade in furniture, household electronics, appliances, and accessories through its branded stores and franchise-operated stores in Canada, as well as through its own e-commerce platform Aarons.com. Its stores carry brands such as Samsung, Frigidaire, Hewlett-Packard, LG, Whirlpool, Simmons, Philips, Ashley, and Magnavox.
What sector is Aarons in?
Aarons is in the Industrials sector
What industry is Aarons in?
Aarons is in the Rental & Leasing Services industry
What country is Aarons from?
Aarons is headquartered in United States
When did Aarons go public?
Aarons initial public offering (IPO) was on 25 November 2020
What is Aarons website?
https://www.aarons.com
Is Aarons in the S&P 500?
No, Aarons is not included in the S&P 500 index
Is Aarons in the NASDAQ 100?
No, Aarons is not included in the NASDAQ 100 index
Is Aarons in the Dow Jones?
No, Aarons is not included in the Dow Jones index
When does Aarons report earnings?
The next expected earnings date for Aarons is 31 July 2024