Upbound Group, Inc. (NASDAQ:UPBD – Get Free Report) has received an average rating of “Moderate Buy” from the five research firms that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $31.3333.
UPBD has been the subject of several recent research reports. Wall Street Zen raised shares of Upbound Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Weiss Ratings reissued a “hold (c-)” rating on shares of Upbound Group in a research note on Friday, March 27th. Finally, Zacks Research raised shares of Upbound Group from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th.
Check Out Our Latest Research Report on UPBD
Upbound Group Stock Performance
Upbound Group (NASDAQ:UPBD – Get Free Report) last posted its quarterly earnings results 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 business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. Upbound Group had a net margin of 1.78% and a return on equity of 35.56%. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same period in the previous year, the firm posted $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. Research analysts expect that Upbound Group will post 4.15 EPS for the current year.
Upbound Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 28th. Stockholders of record on Tuesday, April 7th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 8.3%. The ex-dividend date of this dividend was Tuesday, April 7th. Upbound Group’s dividend payout ratio is 109.09%.
Insider Activity at Upbound Group
In other news, Director Jeffrey J. Brown acquired 2,329 shares of the stock in a transaction dated Tuesday, April 28th. The stock was purchased at an average cost of $19.41 per share, with a total value of $45,205.89. Following the completion of the purchase, the director owned 94,840 shares in the company, valued at approximately $1,840,844.40. The trade was a 2.52% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 2.60% of the company’s stock.
Hedge Funds Weigh In On Upbound Group
Several hedge funds and other institutional investors have recently modified their holdings of the company. The Manufacturers Life Insurance Company raised its stake in shares of Upbound Group by 1.9% during the second quarter. The Manufacturers Life Insurance Company now owns 25,705 shares of the company’s stock valued at $645,000 after acquiring an additional 482 shares during the last quarter. Amalgamated Bank raised its stake in shares of Upbound Group by 3.4% during the third quarter. Amalgamated Bank now owns 15,275 shares of the company’s stock valued at $361,000 after acquiring an additional 509 shares during the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of Upbound Group by 18.7% during 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. LPL Financial LLC raised its stake in shares of Upbound Group by 1.5% during the fourth quarter. LPL Financial LLC now owns 46,341 shares of the company’s stock valued at $814,000 after acquiring an additional 673 shares during the last quarter. Finally, Olympiad Research LP raised its stake in shares of Upbound Group by 8.7% during the third quarter. Olympiad Research LP now owns 10,543 shares of the company’s stock valued at $249,000 after acquiring an additional 840 shares during the last quarter. 90.30% of the stock is owned by institutional investors.
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.
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