Upbound Group (NASDAQ:UPBD) Announces Earnings Results, Beats Estimates By $0.07 EPS

Key Points

• Upbound Group reported a quarterly earnings per share (EPS) of $1.12, exceeding analysts' expectations of $1.05 by $0.07.
• The company's revenue for the quarter reached $1.16 billion, an increase of 7.5% compared to the same quarter the previous year.
• Upbound has updated its fiscal year 2025 EPS guidance to a range of $4.050 to $4.40, and $0.950 to $1.05 for Q3 2025.

Upbound Group (NASDAQ:UPBD - Get Free Report) posted its quarterly earnings results on Thursday. The company reported $1.12 EPS for the quarter, topping analysts' consensus estimates of $1.05 by $0.07, Zacks reports. Upbound Group had a return on equity of 36.26% and a net margin of 2.28%. The business had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same period last year, the firm earned $1.04 earnings per share. The company's revenue for the quarter was up 7.5% compared to the same quarter last year. Upbound Group updated its FY 2025 guidance to 4.050-4.40 EPS and its Q3 2025 guidance to 0.950-1.05 EPS.

Upbound Group Price Performance

Shares of NASDAQ UPBD traded up $0.08 during trading on Friday, hitting $20.72. The company had a trading volume of 1,725,002 shares, compared to its average volume of 637,314. The company has a market cap of $1.20 billion, a P/E ratio of 11.64 and a beta of 1.74. Upbound Group has a 52 week low of $19.65 and a 52 week high of $36.00. The business's 50-day moving average is $24.78 and its 200 day moving average is $25.07. The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.80 and a current ratio of 3.12.

Upbound Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 8th. Shareholders of record on Tuesday, June 17th were issued a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, June 17th. This represents a $1.56 annualized dividend and a dividend yield of 7.5%. Upbound Group's dividend payout ratio is currently 87.64%.

Insider Activity

In related news, Director Jeffrey J. Brown purchased 21,730 shares of the company's stock in a transaction on Tuesday, May 6th. The shares were bought at an average price of $23.75 per share, with a total value of $516,087.50. Following the completion of the acquisition, the director owned 21,730 shares of the company's stock, valued at approximately $516,087.50. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 2.60% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Upbound Group by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,891 shares of the company's stock valued at $764,000 after buying an additional 1,376 shares in the last quarter. AQR Capital Management LLC raised its stake in Upbound Group by 15.9% during the 1st quarter. AQR Capital Management LLC now owns 48,276 shares of the company's stock valued at $1,157,000 after purchasing an additional 6,623 shares during the period. Jane Street Group LLC raised its stake in Upbound Group by 286.3% during the 1st 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 period. Finally, Goldman Sachs Group Inc. raised its stake in Upbound Group by 73.0% during the 1st 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 during the period. Institutional investors own 90.30% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Raymond James Financial restated an "outperform" rating and issued a $35.00 target price (down from $40.00) on shares of Upbound Group in a research note on Friday, May 2nd. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $34.50.

Upbound Group Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.