PRG

PROG Holdings, Inc. demonstrates accelerating growth and diversification, with Q2 revenues up 22.3% and GMV surging 60.1% to $902 million. PROG's business mix is shifting toward digital and short-term products, reducing reliance on Progressive Leasing and mitigating risk from large-ticket items. Despite a 13.46x P/E and sector-median valuation, PROG's rapid EBITDA growth and deleveraging suggest the market underappreciates its operational improvements.

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Four Technologies, MoneyApp and Purchasing Power, announced today that its Board of Directors declared a quarterly cash dividend of $0.14 per share of common stock, payable on September 3, 2026, to shareholders of record as of the close of business on August 18, 2026. About PROG Holdings, Inc. PROG Holdings, Inc. (NYSE:PRG) is a fintech holding company headquartered in Salt Lake.

PROG Holdings (PRG) is well positioned to outperform the market, as it exhibits above-average growth in financials.

PROG Holdings (PRG) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

PROG's Q2 results topped estimates as ecosystem growth across Progressive Leasing, Four and Purchasing Power drove a higher 2026 outlook.

PROG NYSE: PRG reported second-quarter results that exceeded its outlook, supported by growth across its Progressive Leasing, Four Technologies and Purchasing Power businesses. The company also raised its full-year 2026 financial outlook, while noting that its core consumer remains pressured by inflation and higher gas prices.

PROG Holdings, Inc. (PRG) Q2 2026 Earnings Call Transcript

PROG Holdings (PRG) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $1.02 per share a year ago.

Although the revenue and EPS for PROG Holdings (PRG) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Four Technologies, MoneyApp and Purchasing Power, today announced financial results for the second quarter ended June 30, 2026, which includes the results of Purchasing Power since January 2, 2026, the date the Company acquired Purchasing Power. "PROG Holdings delivered a strong second quarter, with revenue toward the higher end of our outlook and both adjusted EBITDA and Non-GA.