Upbound Group, Inc. (NASDAQ:UPBD) Receives $30.67 Consensus PT from Brokerages

Shares of Upbound Group, Inc. (NASDAQ:UPBD) have been given a consensus rating of “Hold” by the five ratings firms that are presently covering the stock, Marketbeat.com 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 target price among analysts that have issued a report on the stock in the last year is $30.6667.

A number of analysts have commented on UPBD shares. BTIG Research downgraded Upbound Group from a “buy” rating to a “neutral” rating and set a $28.00 price objective for the company. in a research report on Friday, July 31st. Weiss Ratings restated a “hold (c-)” rating on shares of Upbound Group in a research report on Wednesday, June 24th. TD Cowen cut their target price 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. Wall Street Zen downgraded shares of Upbound Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, Zacks Research lowered shares of Upbound Group from a “hold” rating to a “strong sell” rating in a report on Monday, August 3rd.

Upbound Group Stock Up 1.0%

Shares of UPBD opened at $19.36 on Wednesday. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.97 and a current ratio of 3.22. The company has a 50-day simple moving average of $20.10 and a 200-day simple moving average of $19.40. Upbound Group has a 52 week low of $15.82 and a 52 week high of $28.02. The firm has a market capitalization of $1.13 billion, a P/E ratio of 12.57 and a beta of 1.79.

Upbound Group (NASDAQ:UPBD) last released its earnings results on Thursday, July 30th. The company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.02. Upbound Group had a return on equity of 34.53% and a net margin of 1.90%.The business had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same period last year, the business earned $1.12 earnings per share. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. 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. On average, equities research analysts expect that Upbound Group will post 4.15 earnings per share for the current year.

Upbound Group Announces Dividend

The firm also recently announced 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 annualized dividend and a dividend yield of 8.1%. The ex-dividend date was Tuesday, June 16th. Upbound Group’s payout ratio is 101.30%.

Insiders Place Their Bets

In other Upbound Group news, Director Jeffrey J. Brown bought 2,295 shares of the stock in a transaction that occurred on Tuesday, July 7th. The shares were acquired at an average price of $20.09 per share, with a total value of $46,106.55. Following the completion of the purchase, the director directly owned 96,681 shares in the company, valued at $1,942,321.29. The trade was a 2.43% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Upbound Group

Large investors have recently modified their holdings of the stock. Western Standard LLC acquired a new position in Upbound Group in the fourth quarter valued at about $1,756,000. Sei Investments Co. increased its holdings in shares of Upbound Group by 249.0% during 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. Renaissance Technologies LLC acquired a new stake in shares of Upbound Group during the first quarter worth approximately $1,153,000. Kendall Capital Management bought a new position in shares of Upbound Group in the second quarter valued at approximately $1,234,000. Finally, Landscape Capital Management L.L.C. bought a new position in shares of Upbound Group in the second quarter valued at approximately $3,047,000. 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.