Rent the Runway

RENT · NASDAQ

$2.02+$0.16 (+8.60%)TodayMarket closed ·
Prev close $1.86

About RENT

Rent the Runway, Inc. engages in the provision of online ready-to-wear and contemporary designer apparel services. The company is headquartered in Brooklyn, New York and currently employs 942 full-time employees. The company went IPO on 2021-10-27. Through the Company, customers can subscribe, rent items a-la-carte and shop resale from hundreds of designer brands. The Closet in the Cloud offers a wide assortment of items for every occasion, from evening wear and accessories to ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear and ski wear. The firm gives customers access to its unlimited closet through its subscription offering (Subscription) or the ability to rent a-la-carte through its reserve offering (Reserve). The company also gives its subscribers and customers the ability to buy its products through its Resale offering. The firm has built a two-sided discovery engine, which connects engaged customers and differentiated brand partners on a platform built around its brand, data, logistics and technology.

Employees
983
Headquarters
Brooklyn, New York
Listed
Oct 27, 2021
Sector
Consumer Discretionary
Industry
Specialty Retail

RENT key statistics

Market cap
68.22M
Price-earnings ratio
0.20
Dividend yield
—
Average volume
150.16K
Volume
141.69K
Open price
$1.84
High today
$2.08
Low today
$1.80
52 Week high
$10.13
52 Week low
$1.51

Rent the Runway (RENT) at a glance

Rent the Runway (RENT) last traded at $2.02, with a market cap of 68.22M and a price-to-earnings ratio of 0.20.

Today the stock has traded between $1.80 and $2.08. The current price is 12.2% above the day's low and 2.9% below its high.

Volume so far is 141.69K shares, in line with the average of 150.16K shares a day.

Over the past year Rent the Runway has ranged from $1.51 to $10.13, and now sits 6% of the way up that range.

Rent the Runway met or beat analyst EPS estimates in 5 of the last 8 quarters. In Q2 FY27 it reported -$0.20 per share against an estimate of $0.00.

RENT earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 5 of the last 8 quarters, by 36.9% on average.

  1. Q2 FY25: reported -$4.17 per share against an estimate of -$5.58
  2. Q3 FY25: reported -$4.94 per share against an estimate of -$5.08
  3. Q4 FY25: reported -$3.44 per share against an estimate of -$3.35
  4. Q1 FY26: reported -$6.58 per share against an estimate of -$8.52
  5. Q2 FY26: reported -$0.20 per share against an estimate of -$4.42
  6. Q3 FY26: reported -$3.54 per share against an estimate of -$5.73
  7. Q1 FY27: reported -$0.57 per share against an estimate of $0.00
  8. Q2 FY27: reported -$0.20 per share against an estimate of $0.00

RENT news

  • Press releasePRNewswire

    INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rent the Runway, Inc.- RENT

  • Press releaseGlobe Newswire

    INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rent the Runway, Inc.- RENT

  • Press releaseGlobe Newswire

    INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rent the Runway, Inc.- RENT

  • Press releasePRNewswire

    INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rent the Runway, Inc.- RENT

  • Press releaseGlobe Newswire

    INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rent the Runway, Inc.- RENT

  • Press releaseBusiness Wire

    RENT Investors Have Opportunity to Join Rent the Runway, Inc. Fraud Investigation with SBS Law

  • Press releasePRNewswire

    INVESTOR ALERT: Pomerantz Law Firm Investigates ClaimsOn Behalf of Investors of Rent the Runway, Inc.- RENT

  • 12 Consumer Discretionary Stocks Moving In Friday's Intraday Session

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.