Shares of Upbound Group, Inc. (NASDAQ:UPBD – Get Free Report) have earned a consensus rating of “Hold” from the five analysts that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $30.6667.
A number of research analysts have recently commented on the stock. Wall Street Zen lowered shares of Upbound Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Upbound Group in a research report on Wednesday, June 24th. BTIG Research downgraded Upbound Group from a “buy” rating to a “neutral” rating and set a $28.00 price objective on the stock. in a research report on Friday, July 31st. TD Cowen dropped their price objective on Upbound Group from $29.00 to $28.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Finally, Zacks Research cut Upbound Group from a “hold” rating to a “strong sell” rating in a research report on Monday, August 3rd.
Check Out Our Latest Stock Report on Upbound Group
Upbound Group Price Performance
Upbound Group (NASDAQ:UPBD – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.07 EPS for the quarter, beating the consensus estimate of $1.05 by $0.02. The company had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Upbound Group had a net margin of 1.90% and a return on equity of 34.53%. Upbound Group’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.12 earnings per share. Upbound Group has set its FY 2026 guidance at 4.000-4.350 EPS and its Q3 2026 guidance at 0.850-0.950 EPS. As a group, sell-side analysts predict that Upbound Group will post 4.15 earnings per share for the current fiscal year.
Upbound Group Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 16th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date was Tuesday, June 16th. Upbound Group’s dividend payout ratio (DPR) is 101.30%.
Insider Activity
In other Upbound Group news, Director Jeffrey J. Brown acquired 2,295 shares of the business’s stock in a transaction dated Tuesday, July 7th. The stock was bought at an average price of $20.09 per share, with a total value of $46,106.55. Following the completion of the acquisition, the director owned 96,681 shares of the company’s stock, valued at $1,942,321.29. This trade represents a 2.43% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 1.20% of the company’s stock.
Institutional Investors Weigh In On Upbound Group
Several hedge funds have recently bought and sold shares of the stock. Western Standard LLC bought a new position in shares of Upbound Group during the 4th quarter valued at about $1,756,000. Renaissance Technologies LLC bought a new stake in Upbound Group in the 1st quarter worth approximately $1,153,000. Principal Financial Group Inc. lifted its position in Upbound Group by 22.2% in the 1st quarter. Principal Financial Group Inc. now owns 303,918 shares of the company’s stock worth $5,486,000 after buying an additional 55,199 shares during the last quarter. Sei Investments Co. boosted its stake in Upbound Group by 249.0% in the first quarter. Sei Investments Co. now owns 244,848 shares of the company’s stock worth $4,419,000 after buying an additional 174,682 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in Upbound Group by 3.4% in the fourth quarter. Vanguard Group Inc. now owns 7,132,443 shares of the company’s stock worth $125,246,000 after buying an additional 231,293 shares in the last quarter. 90.30% of the stock is currently owned by institutional investors.
About Upbound Group
Upbound Group, Inc leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico. It operates through four segments: Rent-A-Center, Acima, Mexico, and Franchising. The company's brands, such as Rent-A-Center and Acima that facilitate consumer transactions across a range of store-based and virtual channels. It offers furniture comprising mattresses, tires, consumer electronics, appliances, tools, handbags, computers, smartphones, and accessories.
Read More
- Five stocks we like better than Upbound Group
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
Receive News & Ratings for Upbound Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Upbound Group and related companies with MarketBeat.com's FREE daily email newsletter.
