Upbound Group (NASDAQ:UPBD) EVP Anthony Blasquez Sells 10,000 Shares

Upbound Group, Inc. (NASDAQ:UPBD) EVP Anthony Blasquez sold 10,000 shares of the stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $18.85, for a total transaction of $188,500.00. Following the completion of the sale, the executive vice president directly owned 43,717 shares in the company, valued at $824,065.45. This trade represents a 18.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Upbound Group Price Performance

Shares of UPBD stock opened at $19.44 on Thursday. The firm has a market capitalization of $1.13 billion, a P/E ratio of 12.62 and a beta of 1.79. Upbound Group, Inc. has a 52-week low of $15.82 and a 52-week high of $28.02. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.97 and a current ratio of 3.22. The stock has a 50 day moving average price of $20.14 and a 200 day moving average price of $19.39.

Upbound Group (NASDAQ:UPBD) last issued its earnings results on Thursday, July 30th. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.02. The business had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.16 billion. Upbound Group had a net margin of 1.90% and a return on equity of 34.53%. The company’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.12 EPS. Upbound Group has set its FY 2026 guidance at 4.000-4.350 EPS and its Q3 2026 guidance at 0.850-0.950 EPS. As a group, sell-side analysts predict that Upbound Group, Inc. will post 4.15 earnings per share for the current year.

Upbound Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 16th were issued a $0.39 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $1.56 annualized dividend and a dividend yield of 8.0%. Upbound Group’s payout ratio is currently 101.30%.

Institutional Trading of Upbound Group

A number of institutional investors have recently made changes to their positions in UPBD. Western Standard LLC purchased a new stake in shares of Upbound Group in the 4th quarter valued at $1,756,000. Sei Investments Co. increased its stake in shares of Upbound Group by 249.0% in the 1st quarter. Sei Investments Co. now owns 244,848 shares of the company’s stock worth $4,419,000 after acquiring an additional 174,682 shares during the last quarter. Renaissance Technologies LLC acquired a new position in shares of Upbound Group during the 1st quarter valued at about $1,153,000. Landscape Capital Management L.L.C. purchased a new stake in shares of Upbound Group in the second quarter valued at about $3,047,000. Finally, Kendall Capital Management acquired a new stake in Upbound Group during the second quarter worth about $1,234,000. Institutional investors and hedge funds own 90.30% of the company’s stock.

Analyst Ratings Changes

UPBD has been the topic of several research reports. Wall Street Zen lowered shares of Upbound Group from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. TD Cowen lowered their target price on Upbound Group from $29.00 to $28.00 and set a “buy” rating for the company in a report on Friday, July 31st. Zacks Research cut Upbound Group from a “hold” rating to a “strong sell” rating in a research report on Monday, August 3rd. BTIG Research lowered 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. Finally, Weiss Ratings upgraded shares of Upbound Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Upbound Group currently has a consensus rating of “Hold” and a consensus price target of $30.67.

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.