Shares of Upbound Group, Inc. (NASDAQ:UPBD – Get Free Report) have been assigned an average rating of “Moderate Buy” from the five brokerages that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $31.3333.
A number of research firms have weighed in on UPBD. Zacks Research upgraded Upbound Group from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Upbound Group in a report on Friday, March 27th. Finally, Wall Street Zen upgraded Upbound Group from a “hold” rating to a “buy” rating in a report on Saturday, February 28th.
Get Our Latest Research Report on UPBD
Upbound Group Price Performance
Upbound Group (NASDAQ:UPBD – Get Free Report) last posted its earnings results 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. Upbound Group had a return on equity of 35.56% and a net margin of 1.78%.The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the prior year, the business earned $1.00 EPS. The business’s revenue for the quarter was up 3.7% on a year-over-year basis. 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, analysts forecast that Upbound Group will post 4.15 earnings per share for the current fiscal year.
Upbound Group Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, April 28th. Shareholders of record on Tuesday, April 7th were issued a dividend of $0.39 per share. The ex-dividend date was Tuesday, April 7th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.1%. Upbound Group’s dividend payout ratio is 109.09%.
Insider Buying and Selling at Upbound Group
In other news, Director Jeffrey J. Brown bought 2,329 shares of Upbound Group stock in a transaction on Tuesday, April 28th. The shares were purchased at an average price of $19.41 per share, for a total transaction of $45,205.89. Following the acquisition, 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 ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 2.60% of the company’s stock.
Institutional Trading of Upbound Group
Several hedge funds and other institutional investors have recently made changes to their positions in UPBD. Hantz Financial Services Inc. grew its stake in shares of Upbound Group by 238.3% in the 4th quarter. Hantz Financial Services Inc. now owns 1,448 shares of the company’s stock worth $25,000 after buying an additional 1,020 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of Upbound Group in the 3rd quarter worth approximately $32,000. Quarry LP grew its stake in shares of Upbound Group by 913.1% in the 3rd quarter. Quarry LP now owns 1,388 shares of the company’s stock worth $33,000 after buying an additional 1,251 shares during the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of Upbound Group by 18.7% in the 4th quarter. Public Employees Retirement System of Ohio now owns 3,400 shares of the company’s stock worth $60,000 after buying an additional 535 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in shares of Upbound Group by 49.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,685 shares of the company’s stock worth $67,000 after buying an additional 1,226 shares during the last quarter. Hedge funds and other institutional investors own 90.30% of the company’s stock.
Upbound Group Company Profile
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.
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