Upbound Group, Inc. (NASDAQ:UPBD) Receives $31.33 Consensus PT from Analysts

Upbound Group, Inc. (NASDAQ:UPBD) has been assigned an average recommendation of “Buy” from the five brokerages that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $31.3333.

A number of research analysts have weighed in on the stock. Wall Street Zen upgraded shares of Upbound Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Weiss Ratings restated a “hold (c-)” rating on shares of Upbound Group in a research report on Friday, March 27th. Finally, Zacks Research upgraded shares of Upbound Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 20th.

Upbound Group Trading Up 0.7%

Shares of Upbound Group stock opened at $18.88 on Friday. The firm has a 50-day simple moving average of $18.49 and a two-hundred day simple moving average of $18.83. The company has a market cap of $1.10 billion, a P/E ratio of 13.20 and a beta of 1.80. Upbound Group has a fifty-two week low of $15.82 and a fifty-two week high of $28.02. The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.88 and a current ratio of 3.06.

Upbound Group (NASDAQ:UPBD) last issued its quarterly earnings data on Thursday, April 30th. The company reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.06 by $0.02. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. Upbound Group had a net margin of 1.78% and a return on equity of 35.56%. The company’s revenue was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.00 earnings per share. Upbound Group has set its Q2 2026 guidance at 1.000-1.100 EPS and its FY 2026 guidance at 4.000-4.350 EPS. As a group, equities analysts predict that Upbound Group will post 4.15 earnings per share for the current fiscal year.

Upbound Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 16th will be given a dividend of $0.39 per share. The ex-dividend date is Tuesday, June 16th. This represents a $1.56 dividend on an annualized basis and a yield of 8.3%. Upbound Group’s dividend payout ratio is currently 109.09%.

Insiders Place Their Bets

In related news, Director Jeffrey J. Brown acquired 2,329 shares of Upbound Group stock in a transaction on Tuesday, April 28th. The stock was bought at an average cost of $19.41 per share, for a total transaction of $45,205.89. Following the completion of the transaction, the director owned 94,840 shares of the company’s stock, valued at approximately $1,840,844.40. The trade was a 2.52% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 2.60% of the company’s stock.

Hedge Funds Weigh In On Upbound Group

A number of large investors have recently added to or reduced their stakes in UPBD. Huber Capital Management LLC raised its position in Upbound Group by 80.2% during the fourth quarter. Huber Capital Management LLC now owns 1,739,045 shares of the company’s stock worth $30,538,000 after acquiring an additional 773,775 shares during the period. LSV Asset Management raised its position in Upbound Group by 24.1% during the third quarter. LSV Asset Management now owns 2,532,951 shares of the company’s stock worth $59,854,000 after acquiring an additional 491,536 shares during the period. Wellington Management Group LLP raised its position in Upbound Group by 60.3% during the third quarter. Wellington Management Group LLP now owns 1,255,874 shares of the company’s stock worth $29,676,000 after acquiring an additional 472,550 shares during the period. Lido Advisors LLC acquired a new position in Upbound Group during the third quarter worth $8,681,000. Finally, Bridgeway Capital Management LLC acquired a new position in Upbound Group during the third quarter worth $7,781,000. 90.30% of the stock is currently owned by institutional investors and hedge funds.

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.