Upbound Group (NASDAQ:UPBD) Stock: Insider Jeffrey Brown Acquires 2,764 Shares

Upbound Group, Inc. (NASDAQ:UPBD) Director Jeffrey Brown purchased 2,764 shares of the company’s stock in a transaction that occurred on Tuesday, October 27th. The shares were bought at an average cost of $17.01 per share, with a total value of $47,015.64. Following the transaction, the director directly owned 98,898 shares of the company’s stock, valued at $1,682,254.98. The trade was a 2.88% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

Upbound Group Trading Up 3.6%

Shares of UPBD opened at $20.70 on Friday. Upbound Group, Inc. has a twelve month low of $14.98 and a twelve month high of $23.98. The firm has a market capitalization of $1.21 billion, a P/E ratio of 4.79 and a beta of 1.78. The company has a current ratio of 3.22, a quick ratio of 0.97 and a debt-to-equity ratio of 1.80. The stock’s fifty day simple moving average is $17.23 and its 200 day simple moving average is $18.88.

Upbound Group (NASDAQ:UPBD) last released its quarterly earnings data on Thursday, October 29th. The company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.10. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.12 billion. Upbound Group had a return on equity of 33.81% and a net margin of 2.36%. The company’s revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.00 EPS. On average, equities research analysts forecast that Upbound Group, Inc. will post 4.20 earnings per share for the current year.

Upbound Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 27th. Investors of record on Tuesday, October 6th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 7.5%. The ex-dividend date was Tuesday, October 6th. Upbound Group’s dividend payout ratio is currently 101.30%.

More Upbound Group News

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.

Hedge Funds Weigh In On Upbound Group

Several large investors have recently added to or reduced their stakes in the company. IFP Advisors Inc grew its position in shares of Upbound Group by 299.3% during the 2nd quarter. IFP Advisors Inc now owns 1,214 shares of the company’s stock valued at $26,000 after buying an additional 910 shares during the last quarter. Quantbot Technologies LP acquired a new stake in Upbound Group during the second quarter worth about $46,000. Signaturefd LLC lifted its holdings in Upbound Group by 74.5% in the third quarter. Signaturefd LLC now owns 3,050 shares of the company’s stock worth $48,000 after acquiring an additional 1,302 shares during the last quarter. Allworth Financial LP bought a new position in Upbound Group in the second quarter worth about $50,000. Finally, PNC Financial Services Group Inc. lifted its holdings 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 worth $67,000 after acquiring an additional 1,226 shares during the last quarter. 90.30% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

UPBD has been the topic of a number of analyst reports. Zacks Research upgraded shares of Upbound Group from a “strong sell” rating to a “hold” rating in a research note on Monday, September 28th. BTIG Research downgraded shares of Upbound Group from a “buy” rating to a “neutral” rating and set a $28.00 target price for the company. in a research note on Friday, July 31st. TD Cowen lowered their price target on shares of Upbound Group from $27.00 to $26.00 and set a “buy” rating for the company in a report on Friday. Weiss Ratings lowered shares of Upbound Group from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, September 21st. Finally, Wall Street Zen downgraded shares of Upbound Group from a “buy” rating to a “hold” rating in a research note on Saturday, October 24th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $27.00.

About Upbound Group

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.