Upbound Group (NASDAQ:UPBD) Director Acquires 2,295 Shares

Upbound Group, Inc. (NASDAQ:UPBD) Director Jeffrey Brown acquired 2,295 shares of Upbound Group stock in a transaction on Tuesday, July 7th. The shares were bought at an average price of $20.09 per share, for a total transaction 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 ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Upbound Group Stock Up 2.4%

UPBD stock traded up $0.47 during mid-day trading on Thursday, hitting $20.32. 703,219 shares of the company were exchanged, compared to its average volume of 858,608. The firm has a fifty day simple moving average of $18.78 and a 200 day simple moving average of $19.03. The company has a market capitalization of $1.18 billion, a PE ratio of 14.21 and a beta of 1.79. Upbound Group, Inc. has a twelve month low of $15.82 and a twelve month high of $28.02. The company has a current ratio of 3.06, a quick ratio of 0.88 and a debt-to-equity ratio of 2.01.

Upbound Group (NASDAQ:UPBD) last issued its quarterly earnings results on Thursday, April 30th. The company reported $1.08 EPS for the quarter, topping the consensus estimate of $1.06 by $0.02. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Upbound Group had a net margin of 1.78% and a return on equity of 35.56%. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter last year, the company 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. On average, research analysts forecast that Upbound Group, Inc. will post 4.15 earnings per share for the current fiscal year.

Upbound Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Investors 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 7.7%. The ex-dividend date of this dividend was Tuesday, June 16th. Upbound Group’s dividend payout ratio is currently 109.09%.

Institutional Trading of Upbound Group

Institutional investors and hedge funds have recently made changes to their positions in the stock. Hantz Financial Services Inc. lifted its holdings 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 purchasing an additional 1,020 shares during the last quarter. FNY Investment Advisers LLC bought a new position in Upbound Group during the 3rd quarter worth $32,000. Quarry LP increased its position in Upbound Group by 913.1% in the third 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 period. Public Employees Retirement System of Ohio increased its position in Upbound Group by 18.7% in the fourth 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 period. Finally, PNC Financial Services Group Inc. lifted its stake in Upbound Group by 49.9% in the first quarter. PNC Financial Services Group Inc. now owns 3,685 shares of the company’s stock valued at $67,000 after buying an additional 1,226 shares during the last quarter. 90.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have commented on UPBD. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Upbound Group in a report on Wednesday, June 24th. TD Cowen raised their price target on shares of Upbound Group from $28.00 to $29.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Zacks Research lowered shares of Upbound Group from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $31.00.

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.