Insider Buying: Upbound Group (NASDAQ:UPBD) Director Buys $46,106.55 in Stock

Upbound Group, Inc. (NASDAQ:UPBDGet Free Report) Director Jeffrey Brown acquired 2,295 shares of the stock in a transaction dated Tuesday, July 7th. The shares were purchased at an average price of $20.09 per share, for a total transaction of $46,106.55. Following the completion of the transaction, the director owned 96,681 shares of the company’s stock, valued at $1,942,321.29. This trade represents a 2.43% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Upbound Group Stock Performance

UPBD stock traded up $0.84 during midday trading on Friday, hitting $21.16. The stock had a trading volume of 1,011,839 shares, compared to its average volume of 1,010,601. Upbound Group, Inc. has a 52 week low of $15.82 and a 52 week 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. The stock has a 50-day simple moving average of $18.85 and a 200 day simple moving average of $19.06. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of 14.80 and a beta of 1.79.

Upbound Group (NASDAQ:UPBDGet Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.02. Upbound Group had a net margin of 1.78% and a return on equity of 35.56%. The firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the previous year, the firm posted $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, equities research analysts anticipate that Upbound Group, Inc. will post 4.15 earnings per share for the current year.

Upbound Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Tuesday, June 16th were paid a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $1.56 dividend on an annualized basis and a yield of 7.4%. Upbound Group’s payout ratio is presently 109.09%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Hantz Financial Services Inc. grew its holdings in Upbound Group by 238.3% during the 4th quarter. Hantz Financial Services Inc. now owns 1,448 shares of the company’s stock worth $25,000 after acquiring an additional 1,020 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in shares of Upbound Group during the third quarter valued at $32,000. Quarry LP boosted 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 valued at $33,000 after purchasing an additional 1,251 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake 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 valued at $60,000 after acquiring 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% during the first 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 period. 90.30% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Zacks Research cut shares of Upbound Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. TD Cowen increased their target price on shares of Upbound Group from $28.00 to $29.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Upbound Group in a report on Wednesday, June 24th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $31.00.

Read Our Latest Research Report on UPBD

Upbound Group Company Profile

(Get Free Report)

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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