Upbound Group, Inc. (NASDAQ:UPBD) Given Average Rating of "Hold" by Analysts

Key Points

• Upbound Group has a consensus “Hold” rating from five analysts: two buys, two holds and one sell. The average 12-month price target is $30.67, while recent reports included downgrades from Zacks Research, BTIG Research and Wall Street Zen.
• The stock opened at $19.17, down 1.3%, with a market capitalization of approximately $1.12 billion. Upbound’s latest quarterly earnings of $1.07 per share narrowly exceeded estimates, while revenue reached $1.16 billion.
• The company pays a quarterly dividend of $0.39, equivalent to a $1.56 annualized payout and an 8.1% yield. Its payout ratio is high at 101.3%, and institutional investors own 90.3% of the stock.

Upbound Group, Inc. (NASDAQ:UPBD - Get Free Report) has received a consensus recommendation of "Hold" from the five research firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $30.6667.

UPBD has been the topic of several research reports. Zacks Research lowered shares of Upbound Group from a "hold" rating to a "strong sell" rating in a research report on Monday, August 3rd. 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 report on Friday, July 31st. Wall Street Zen lowered shares of Upbound Group from a "buy" rating to a "hold" rating in a research note on Saturday, August 1st. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Upbound Group in a report on Wednesday, June 24th. Finally, TD Cowen dropped their price objective on Upbound Group from $29.00 to $28.00 and set a "buy" rating on the stock in a research note on Friday, July 31st.

Upbound Group Trading Down 1.3%

NASDAQ UPBD opened at $19.17 on Wednesday. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 12.45 and a beta of 1.79. Upbound Group has a one year low of $15.82 and a one year high of $28.02. The company has a debt-to-equity ratio of 1.94, a current ratio of 3.22 and a quick ratio of 0.97. The business's fifty day moving average is $20.06 and its 200-day moving average is $19.41.

Upbound Group (NASDAQ:UPBD - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $1.07 earnings per share for the quarter, topping analysts' consensus estimates of $1.05 by $0.02. The company 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 firm's quarterly revenue was up .5% on a year-over-year basis. During the same period in the previous 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. Equities research analysts predict that Upbound Group will post 4.15 EPS for the current year.

Upbound Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 16th were paid a $0.39 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $1.56 annualized dividend and a dividend yield of 8.1%. Upbound Group's payout ratio is presently 101.30%.

Insider Activity

In other news, Director Jeffrey J. Brown purchased 2,295 shares of the company's stock in a transaction dated Tuesday, July 7th. The shares were purchased at an average price of $20.09 per share, with a total value of $46,106.55. Following the transaction, the director directly owned 96,681 shares of the company's stock, valued at approximately $1,942,321.29. This represents a 2.43% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Upbound Group

Several large investors have recently added to or reduced their stakes in the company. Hantz Financial Services Inc. lifted its position in shares of Upbound Group by 238.3% during the fourth 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 in the last quarter. Quarry LP boosted its holdings in shares of Upbound Group by 913.1% in the third quarter. Quarry LP now owns 1,388 shares of the company's stock worth $33,000 after acquiring an additional 1,251 shares during the period. Quantbot Technologies LP purchased a new position in shares of Upbound Group in the second quarter valued at $46,000. Allworth Financial LP purchased a new position in shares of Upbound Group in the second quarter valued at $50,000. Finally, Public Employees Retirement System of Ohio raised its stake in shares of Upbound Group by 18.7% during the 4th quarter. Public Employees Retirement System of Ohio now owns 3,400 shares of the company's stock valued at $60,000 after purchasing an additional 535 shares during the period. Hedge funds and other institutional investors own 90.30% of the company's stock.

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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