Free Trial
NASDAQ:RENT

Rent the Runway (RENT) Stock Price, News & Analysis

$15.55
+1.63 (+11.71%)
(As of 10:30 AM ET)
Today's Range
$14.50
$16.88
50-Day Range
$10.05
$22.98
52-Week Range
$4.46
$41.81
Volume
59,785 shs
Average Volume
599,929 shs
Market Capitalization
$57.07 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$25.00

Rent the Runway MarketRank™ Stock Analysis

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
66.7% Upside
$25.00 Price Target
Short Interest
Healthy
9.87% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.14mentions of Rent the Runway in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$84,200 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($22.21) to ($21.74) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.24 out of 5 stars

Retail/Wholesale Sector

142nd out of 193 stocks

Retail Stores, Not Elsewhere Classified Industry

7th out of 14 stocks

RENT stock logo

About Rent the Runway Stock (NASDAQ:RENT)

Rent the Runway, Inc. operates shared designer closet in the United States. The company offers evening wear and accessories, ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, and ski wear under subscription, rental, and resale offering. It also engages in the software development and support activities. Rent the Runway, Inc. was incorporated in 2009 and is headquartered in Brooklyn, New York.

RENT Stock Price History

RENT Stock News Headlines

5 stocks that can double in 2024
You still have time to access the 5 Stocks that Can Double in 2024 report for free.
5 stocks that can double in 2024
You still have time to access the 5 Stocks that Can Double in 2024 report for free.
See More Headlines
Receive RENT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Rent the Runway and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
6/06/2024
Today
8/21/2024
Next Earnings (Confirmed)
9/05/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Retail stores, not elsewhere classified
Sub-Industry
Retail
Current Symbol
NASDAQ:RENT
CUSIP
76017410
Fax
N/A
Employees
1,104
Year Founded
2009

Price Target and Rating

Average Stock Price Target
$25.00
High Stock Price Target
$40.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+79.6%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Net Income
$-113,200,000.00
Pretax Margin
-35.08%

Debt

Sales & Book Value

Annual Sales
$299 million
Book Value
($34.49) per share

Miscellaneous

Free Float
3,430,000
Market Cap
$51.11 million
Optionable
Optionable
Beta
1.10

Social Links

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report

Key Executives

  • Ms. Jennifer Y. Hyman (Age 43)
    President, Co-Founder, Chairman & CEO
    Comp: $1.49M
  • Ms. Jennifer Fleiss (Age 40)
    Co-Founder & Director
    Comp: $22k
  • Mr. Daniel Lee Rosensweig (Age 62)
    Advisor
    Comp: $27.25k
  • Mr. Siddharth B. Thacker (Age 47)
    Chief Financial Officer
  • Ms. Cara Schembri (Age 47)
    Chief Legal & Administrative Officer
  • Ms. Natalie McGrath
    Chief Marketing Officer
  • Ms. Sarah K. Tam (Age 50)
    Chief Merchant Officer
  • Mr. Drew Rau (Age 45)
    Chief Supply Chain Officer
  • Ms. Becky Case
    Senior Vice President of Engineering
  • Zachary Benjamin Phillips
    Senior Vice President of Product

RENT Stock Analysis - Frequently Asked Questions

How have RENT shares performed this year?

Rent the Runway's stock was trading at $10.55 at the start of the year. Since then, RENT stock has increased by 42.2% and is now trading at $15.00.
View the best growth stocks for 2024 here
.

How were Rent the Runway's earnings last quarter?

Rent the Runway, Inc. (NASDAQ:RENT) issued its earnings results on Thursday, June, 6th. The company reported ($6.03) EPS for the quarter, beating the consensus estimate of ($6.56) by $0.53. The firm had revenue of $75 million for the quarter, compared to analysts' expectations of $73.20 million.

When did Rent the Runway's stock split?

Rent the Runway's stock reverse split on the morning of Wednesday, April 3rd 2024. The 1-20 reverse split was announced on Wednesday, April 3rd 2024. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, April 3rd 2024. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Does Rent the Runway have any subsidiaries?

Rent the Runway subsidiaries include Go Try It On.

When did Rent the Runway IPO?

Rent the Runway (RENT) raised $332 million in an initial public offering on Wednesday, October 27th 2021. The company issued 17,000,000 shares at $18.00-$21.00 per share.

Who are Rent the Runway's major shareholders?

Top institutional investors of Rent the Runway include Technology Crossover Management VIII Ltd. (5.38%), Nisa Investment Advisors LLC (0.48%), XTX Topco Ltd (0.45%) and Susquehanna Fundamental Investments LLC (0.35%). Insiders that own company stock include Jennifer Hyman, Anushka Salinas, Siddharth Thacker, Larry Steinberg, Brian Donato, Cara Schembri, Becky Case, Andrew Rau, Scarlett O'sullivan, Sarah K Tam, Natalie Mcgrath, Zachary Benjamin Phillips, Andrea Alexander, Carley Roney and Beth J Kaplan.
View institutional ownership trends
.

How do I buy shares of Rent the Runway?

Shares of RENT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Rent the Runway own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rent the Runway investors own include Alibaba Group (BABA), OPKO Health (OPK), American Airlines Group (AAL), Alnylam Pharmaceuticals (ALNY) and Ambarella (AMBA).

This page (NASDAQ:RENT) was last updated on 8/22/2024 by MarketBeat.com Staff

From Our Partners