Go Pro

Upbound Group, Inc. (NASDAQ:UPBD) Receives Average Recommendation of "Moderate Buy" from Analysts

Upbound Group logo with Finance background
Image from MarketBeat Media, LLC.

Key Points

  • Upbound Group has a consensus analyst rating of “Moderate Buy”, based on five covering firms: three Buy ratings and two Hold ratings. The average 1-year price target is $31.00.
  • The stock was down 2.9% in Friday trading, opening at $20.46. It trades well below its 52-week high of $28.02 and has a market cap of about $1.19 billion.
  • The company recently beat quarterly EPS estimates, reporting $1.08 per share versus expected $1.06, and it paid a quarterly dividend of $0.39 per share, equal to a 7.6% annualized yield.
  • MarketBeat previews the top five stocks to own by August 1st.

Shares of Upbound Group, Inc. (NASDAQ:UPBD - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the five research firms that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $31.00.

UPBD has been the topic of several research reports. TD Cowen raised their price target on Upbound Group from $28.00 to $29.00 and gave the company a "buy" rating in a research note on Tuesday, July 7th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Upbound Group in a research note on Wednesday, June 24th. Finally, Zacks Research cut shares of Upbound Group from a "strong-buy" rating to a "hold" rating in a report on Monday, June 29th.

View Our Latest Analysis on UPBD

Upbound Group Trading Down 2.9%

UPBD opened at $20.46 on Friday. The stock's fifty day moving average is $19.51 and its two-hundred day moving average is $19.34. The company has a market capitalization of $1.19 billion, a P/E ratio of 14.31 and a beta of 1.79. Upbound Group has a 52 week low of $15.82 and a 52 week high of $28.02. The company has a quick ratio of 0.88, a current ratio of 3.06 and a debt-to-equity ratio of 2.01.

Upbound Group (NASDAQ:UPBD - Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported $1.08 earnings per share for the quarter, beating analysts' consensus estimates of $1.06 by $0.02. Upbound Group had a return on equity of 35.56% and a net margin of 1.78%.The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same period in the previous year, the company posted $1.00 EPS. Upbound Group's revenue was up 3.7% on a year-over-year basis. 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. Analysts forecast that Upbound Group will post 4.15 earnings per share for the current year.

Upbound Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 16th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend was Tuesday, June 16th. Upbound Group's dividend payout ratio is presently 109.09%.

Insider Activity

In other Upbound Group news, Director Jeffrey J. Brown acquired 2,329 shares of the company's stock in a transaction dated Tuesday, April 28th. The shares were purchased at an average cost of $19.41 per share, for a total transaction 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. This trade represents a 2.52% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 1.20% of the company's stock.

Hedge Funds Weigh In On Upbound Group

A number of large investors have recently bought and sold shares of the business. AQR Capital Management LLC increased its holdings in shares of Upbound Group by 15.9% in the 1st quarter. AQR Capital Management LLC now owns 48,276 shares of the company's stock valued at $1,157,000 after acquiring an additional 6,623 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Upbound Group by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,891 shares of the company's stock valued at $764,000 after purchasing an additional 1,376 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in Upbound Group by 73.0% during the first quarter. Goldman Sachs Group Inc. now owns 532,809 shares of the company's stock valued at $12,766,000 after purchasing an additional 224,811 shares in the last quarter. Jane Street Group LLC grew its stake in Upbound Group by 286.3% in the first quarter. Jane Street Group LLC now owns 86,450 shares of the company's stock valued at $2,071,000 after purchasing an additional 64,073 shares during the last quarter. Finally, Norges Bank purchased a new position in Upbound Group in the second quarter valued at about $440,000. Institutional investors own 90.30% of the company's stock.

About Upbound Group

(Get Free Report)

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.

See Also

Analyst Recommendations for Upbound Group (NASDAQ:UPBD)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Upbound Group Right Now?

Before you consider Upbound Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Upbound Group wasn't on the list.

While Upbound Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Lead the Next Market Boom Cover

Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines