Upbound Group, Inc. (UPBD) to Issue Quarterly Dividend of $0.39 on July 7th

Upbound Group, Inc. (NASDAQ:UPBD) declared a quarterly dividend on Tuesday, June 2nd. Shareholders of record on Tuesday, June 16th will be given a dividend of 0.39 per share on Tuesday, July 7th. This represents a c) dividend on an annualized basis and a yield of 8.2%. The ex-dividend date is Tuesday, June 16th.

Upbound Group has raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 5 consecutive years. Upbound Group has a payout ratio of 30.4% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Upbound Group to earn $4.85 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 32.2%.

Upbound Group Stock Up 1.9%

NASDAQ:UPBD opened at $18.94 on Friday. The company has a current ratio of 3.06, a quick ratio of 0.88 and a debt-to-equity ratio of 2.01. The stock has a market cap of $1.10 billion, a price-to-earnings ratio of 13.24 and a beta of 1.80. The stock has a 50-day moving average price of $18.53 and a two-hundred day moving average price of $18.85. Upbound Group has a 1 year low of $15.82 and a 1 year high of $28.02.

Upbound Group (NASDAQ:UPBD) last posted its quarterly earnings data on Thursday, April 30th. The company reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.02. The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Upbound Group had a return on equity of 35.56% and a net margin of 1.78%.Upbound Group’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $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. As a group, equities analysts expect that Upbound Group will post 4.15 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on UPBD shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Upbound Group in a research report on Friday, March 27th. Zacks Research raised Upbound Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 20th. Finally, Wall Street Zen raised Upbound Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $31.33.

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.