Upbound Group, Inc. (NASDAQ:UPBD) Given Consensus Rating of “Buy” by Brokerages

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

UPBD has been the subject of a number of research reports. Zacks Research upgraded Upbound Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 20th. Weiss Ratings restated a “hold (c-)” rating on shares of Upbound Group in a research note on Wednesday, June 24th.

Insider Buying and Selling

In other news, Director Jeffrey J. Brown acquired 2,329 shares of the stock in a transaction that occurred on Tuesday, April 28th. The stock was purchased 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 directly owned 94,840 shares in the company, valued at $1,840,844.40. This trade represents a 2.52% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.60% of the stock is currently owned by insiders.

Institutional Trading of Upbound Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in UPBD. Huber Capital Management LLC increased its position in Upbound Group by 80.2% in the fourth quarter. Huber Capital Management LLC now owns 1,739,045 shares of the company’s stock worth $30,538,000 after purchasing an additional 773,775 shares during the period. Wellington Management Group LLP increased its position in Upbound Group by 60.3% in the third quarter. Wellington Management Group LLP now owns 1,255,874 shares of the company’s stock worth $29,676,000 after purchasing an additional 472,550 shares during the period. Pacer Advisors Inc. bought a new position in Upbound Group during the first quarter worth about $7,455,000. Lido Advisors LLC bought a new position in Upbound Group during the third quarter worth about $8,681,000. Finally, Bridgeway Capital Management LLC bought a new position in Upbound Group during the third quarter worth about $7,781,000. 90.30% of the stock is currently owned by institutional investors and hedge funds.

Upbound Group Stock Performance

Shares of NASDAQ:UPBD opened at $20.86 on Tuesday. Upbound Group has a twelve month low of $15.82 and a twelve month high of $28.02. The firm has a market cap of $1.22 billion, a PE ratio of 14.59 and a beta of 1.81. The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.88 and a current ratio of 3.06. The business has a fifty day moving average of $18.69 and a 200-day moving average of $18.92.

Upbound Group (NASDAQ:UPBD) last announced its earnings results on Thursday, April 30th. The company reported $1.08 earnings per share for the quarter, beating 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 company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same period last year, the company posted $1.00 earnings per share. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. 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. On average, equities research analysts predict that Upbound Group will post 4.15 EPS for the current fiscal year.

Upbound Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Tuesday, June 16th will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 7.5%. The ex-dividend date is Tuesday, June 16th. Upbound Group’s dividend payout ratio (DPR) is presently 109.09%.

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.