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NASDAQ:UPBD

Upbound Group (UPBD) Stock Price, News & Analysis

$32.82
+1.52 (+4.86%)
(As of 05/31/2024 ET)
Today's Range
$31.41
$32.93
50-Day Range
$30.35
$35.21
52-Week Range
$25.00
$36.17
Volume
465,238 shs
Average Volume
292,044 shs
Market Capitalization
$1.79 billion
P/E Ratio
N/A
Dividend Yield
4.51%
Price Target
$38.17

Upbound Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
16.3% Upside
$38.17 Price Target
Short Interest
Bearish
4.75% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.89mentions of Upbound Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$414,252 Sold Last Quarter
Proj. Earnings Growth
12.77%
From $3.76 to $4.24 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.97 out of 5 stars

Finance Sector

514th out of 883 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

7th out of 11 stocks

UPBD stock logo

About Upbound Group Stock (NASDAQ:UPBD)

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. It also provides merchandise on an installment sales basis; and the lease-to-own transaction to consumers who do not qualify for traditional financing, the lease to-own transaction through staffed or unstaffed kiosks located in third-party retailer's locations, and other virtual options. It operates retail installment sales stores under the Get It Now and Home Choice names; lease-to-own and franchised lease-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names; and company-owned stores and e-commerce platform through rentacenter.com. The company was formerly known as Rent-A-Center, Inc. and changed its name to Upbound Group, Inc. in February 2023. Upbound Group, Inc. was founded in 1960 and is based in Plano, Texas.

UPBD Stock Price History

UPBD Stock News Headlines

Rent-A-Center Opens Store in Espanola, New Mexico
Here's what to expect from Upbound Group's earnings
Upbound Group declares $0.37 dividend
UPBD Apr 2024 40.000 call
See More Headlines
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Company Calendar

Ex-Dividend for 4/22 Dividend
4/02/2024
Dividend Payable
4/22/2024
Last Earnings
5/02/2024
Today
6/01/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Equipment rental & leasing, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:UPBD
Employees
12,970
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$38.17
High Stock Price Target
$43.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+16.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-5,180,000.00
Pretax Margin
3.64%

Debt

Sales & Book Value

Annual Sales
$4.07 billion
Cash Flow
$29.04 per share
Book Value
$10.59 per share

Miscellaneous

Free Float
53,154,000
Market Cap
$1.79 billion
Optionable
Optionable
Beta
1.99
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Key Executives

  • Mr. Mitchell E. Fadel (Age 67)
    CEO & Director
    Comp: $3.29M
  • Mr. Fahmi Karam (Age 46)
    Executive VP & CFO
    Comp: $2.41M
  • Mr. Sudeep Gautam (Age 52)
    Chief Technology & Digital Officer
    Comp: $1.23M
  • Mr. Anthony J. Blasquez (Age 47)
    Executive Vice President of Rent-A-Center Business
    Comp: $866.59k
  • Mr. Tyler Montrone (Age 42)
    Executive Vice President of Acima
    Comp: $864.69k
  • Mr. Michael Santimaw
    Senior VP & Chief Information Officer
  • Mr. John Jeffrey Chesnut (Age 50)
    Senior VP of Strategy & Corporate Development and Head of Investor Relations
  • Mr. Bryan J. Pechersky (Age 53)
    Executive VP, General Counsel & Corporate Secretary
    Comp: $646.19k
  • Ms. Ann L. Davids (Age 54)
    Executive VP, Chief Customer & Marketing Officer
    Comp: $698.5k
  • Mr. Transient C. Taylor (Age 58)
    Executive VP & Chief HR and Diversity Officer
    Comp: $419.13k

UPBD Stock Analysis - Frequently Asked Questions

Should I buy or sell Upbound Group stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Upbound Group in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" UPBD shares.
View UPBD analyst ratings
or view top-rated stocks.

What is Upbound Group's stock price target for 2024?

4 Wall Street analysts have issued 12 month price targets for Upbound Group's stock. Their UPBD share price targets range from $32.00 to $43.00. On average, they expect the company's stock price to reach $38.17 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price.
View analysts price targets for UPBD
or view top-rated stocks among Wall Street analysts.

How have UPBD shares performed in 2024?

Upbound Group's stock was trading at $33.97 at the beginning of the year. Since then, UPBD stock has decreased by 3.4% and is now trading at $32.82.
View the best growth stocks for 2024 here
.

When is Upbound Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our UPBD earnings forecast
.

How were Upbound Group's earnings last quarter?

Upbound Group, Inc. (NASDAQ:UPBD) posted its quarterly earnings results on Thursday, May, 2nd. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.77 by $0.02. The company earned $1.10 billion during the quarter, compared to analyst estimates of $1.05 billion. Upbound Group had a negative net margin of 0.61% and a positive trailing twelve-month return on equity of 33.40%. The firm's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.83 EPS.

How often does Upbound Group pay dividends? What is the dividend yield for Upbound Group?

Upbound Group announced a quarterly dividend on Thursday, March 21st. Shareholders of record on Wednesday, April 3rd will be given a dividend of $0.37 per share on Monday, April 22nd. This represents a $1.48 dividend on an annualized basis and a yield of 4.51%. The ex-dividend date is Tuesday, April 2nd.
Read our dividend analysis for UPBD
.

Is Upbound Group a good dividend stock?

Upbound Group (NASDAQ:UPBD) pays an annual dividend of $1.48 per share and currently has a dividend yield of 4.77%. UPBD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for UPBD.

What ETFs hold Upbound Group's stock?
What guidance has Upbound Group issued on next quarter's earnings?

Upbound Group updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of 3.550-4.000 for the period, compared to the consensus estimate of 3.770. The company issued revenue guidance of $4.0 billion-$4.2 billion, compared to the consensus revenue estimate of $4.1 billion.

Who are Upbound Group's major shareholders?

Upbound Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.99%), LSV Asset Management (3.10%), Huber Capital Management LLC (0.90%), Principal Financial Group Inc. (0.45%), Edgestream Partners L.P. (0.25%) and Interval Partners LP (0.18%). Insiders that own company stock include Anthony J Blasquez, Jeffrey J Brown and Tyler Montrone.
View institutional ownership trends
.

How do I buy shares of Upbound Group?

Shares of UPBD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:UPBD) was last updated on 6/2/2024 by MarketBeat.com Staff

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