Upbound Group (NASDAQ:UPBD) Given New $26.00 Price Target at TD Cowen

Upbound Group (NASDAQ:UPBD) had its price target decreased by equities researchers at TD Cowen from $27.00 to $26.00 in a report issued on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. TD Cowen‘s target price suggests a potential upside of 25.60% from the company’s current price.

A number of other equities research analysts have also recently commented on the company. BTIG Research cut Upbound Group from a “buy” rating to a “neutral” rating and set a $28.00 target price on the stock. in a research note on Friday, July 31st. Wall Street Zen downgraded Upbound Group from a “buy” rating to a “hold” rating in a report on Saturday, October 24th. Zacks Research raised shares of Upbound Group from a “strong sell” rating to a “hold” rating in a report on Monday, September 28th. Finally, Weiss Ratings cut Upbound Group from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, September 21st. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $27.00.

Upbound Group Trading Up 3.6%

Shares of Upbound Group stock traded up $0.72 during trading on Friday, reaching $20.70. The company’s stock had a trading volume of 2,610,162 shares, compared to its average volume of 930,461. The firm’s 50-day moving average is $17.19 and its two-hundred day moving average is $18.87. The company has a quick ratio of 0.97, a current ratio of 3.22 and a debt-to-equity ratio of 1.94. Upbound Group has a 52-week low of $14.98 and a 52-week high of $23.98. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 13.44 and a beta of 1.78.

Upbound Group (NASDAQ:UPBD) last announced its quarterly earnings results on Thursday, October 29th. The company reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.10. Upbound Group had a return on equity of 34.53% and a net margin of 1.90%. The business had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same period in the previous year, the firm earned $1.00 EPS. The business’s quarterly revenue was down 1.3% on a year-over-year basis. On average, sell-side analysts anticipate that Upbound Group will post 4.20 earnings per share for the current year.

Insider Activity at Upbound Group

In related news, Director Jeffrey Brown bought 2,764 shares of Upbound Group stock in a transaction that occurred on Tuesday, October 27th. The shares were purchased at an average price of $17.01 per share, with a total value of $47,015.64. Following the purchase, the director owned 98,898 shares in the company, valued at $1,682,254.98. This represents a 2.88% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Anthony Blasquez sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $18.85, for a total transaction of $188,500.00. Following the sale, the executive vice president owned 43,717 shares in the company, valued at approximately $824,065.45. This trade represents a 18.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.20% of the company’s stock.

Institutional Trading of Upbound Group

Several large investors have recently bought and sold shares of the company. IFP Advisors Inc lifted its stake in shares of Upbound Group by 299.3% in the second quarter. IFP Advisors Inc now owns 1,214 shares of the company’s stock worth $26,000 after acquiring an additional 910 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of Upbound Group during the 2nd quarter valued at about $46,000. Signaturefd LLC lifted its stake in Upbound Group by 74.5% during the third quarter. Signaturefd LLC now owns 3,050 shares of the company’s stock valued at $48,000 after buying an additional 1,302 shares in the last quarter. Allworth Financial LP purchased a new stake in Upbound Group in the 2nd quarter worth about $50,000. Finally, PNC Financial Services Group Inc. increased its position in 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 purchasing an additional 1,226 shares during the last quarter. Institutional investors and hedge funds own 90.30% of the company’s stock.

Key Stories Impacting Upbound Group

Here are the key news stories impacting Upbound Group this week:

• Positive Sentiment: Q3 earnings and revenue exceeded expectations: Upbound reported adjusted earnings of $1.01 per share, topping estimates of approximately $0.89–$0.91, while revenue of $1.15 billion surpassed the roughly $1.12 billion consensus. EPS also improved from $1.00 a year earlier. Upbound Group Q3 Earnings Report
• Positive Sentiment: Management highlighted cash flow and margin gains: The earnings call emphasized improved cash generation, margin expansion and opportunities to support future growth. These factors may reinforce investor confidence in the company’s operating performance and financial flexibility. Upbound Group Q3 Earnings Call Highlights
• Positive Sentiment: Director bought shares: Director Jeffrey Brown purchased 2,764 shares for approximately $47,016, increasing his direct ownership by 2.88%. The insider purchase offers a supportive sentiment signal, though it is relatively small compared with the company’s overall market value. Upbound Group Director Share Purchase
• Neutral Sentiment: Analyst sentiment remains mixed: The average price target is about $27.50, but coverage is concentrated around “Hold” ratings, with some firms recently lowering targets or downgrading the shares. This suggests potential upside is recognized, but conviction remains limited.
• Negative Sentiment: Revenue declined year over year: Quarterly revenue fell 1.3% from the prior-year period, indicating that the earnings beat was driven more by profitability and execution than by top-line growth.
• Negative Sentiment: Dividend sustainability warrants attention: Upbound’s quarterly dividend is $0.39, or $1.56 annualized, producing a yield near 7.8%. Its reported payout ratio above 100% could constrain flexibility if earnings or cash flow weaken.

Upbound Group Company Profile

Upbound Group, Inc is a provider of consumer leasing and retail solutions, operating primarily through its Rent-A-Center and Acima brands. The company enables customers to obtain merchandise through flexible lease-to-own agreements and related payment options, serving consumers who may prefer alternatives to traditional retail financing.

Its Rent-A-Center business operates company-owned and franchised locations, as well as digital channels, offering furniture, appliances, electronics, computers, smartphones and other household goods.