Upbound Group (UPBD) Expected to Announce Quarterly Earnings on Thursday

Upbound Group (NASDAQ:UPBD - Get Free Report) will likely be releasing its Q1 2025 earnings data before the market opens on Thursday, May 1st. Analysts expect Upbound Group to post earnings of $0.94 per share and revenue of $1.13 billion for the quarter. Upbound Group has set its FY 2025 guidance at 3.900-4.400 EPS and its Q1 2025 guidance at 0.900-1.000 EPS.

Upbound Group (NASDAQ:UPBD - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.02. The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.06 billion. Upbound Group had a net margin of 2.86% and a return on equity of 35.47%. On average, analysts expect Upbound Group to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Upbound Group Trading Down 0.8 %

Shares of UPBD traded down $0.17 on Tuesday, reaching $20.47. 36,642 shares of the company's stock were exchanged, compared to its average volume of 495,356. The business has a 50 day moving average price of $23.48 and a two-hundred day moving average price of $28.13. The company has a current ratio of 3.66, a quick ratio of 0.86 and a debt-to-equity ratio of 2.08. Upbound Group has a 12 month low of $19.69 and a 12 month high of $38.72. The stock has a market capitalization of $1.18 billion, a P/E ratio of 9.26 and a beta of 1.90.

Upbound Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 22nd. Investors of record on Wednesday, April 2nd were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.62%. The ex-dividend date was Wednesday, April 2nd. Upbound Group's dividend payout ratio is currently 70.59%.

Insider Buying and Selling

In related news, Director Jeffrey J. Brown bought 1,694 shares of Upbound Group stock in a transaction dated Tuesday, April 22nd. The stock was purchased at an average cost of $19.89 per share, with a total value of $33,693.66. Following the transaction, the director now directly owns 88,074 shares of the company's stock, valued at approximately $1,751,791.86. The trade was a 1.96 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Fahmi Karam acquired 11,500 shares of the company's stock in a transaction that occurred on Monday, March 10th. The stock was purchased at an average price of $25.82 per share, for a total transaction of $296,930.00. Following the purchase, the chief financial officer now owns 164,672 shares of the company's stock, valued at $4,251,831.04. The trade was a 7.51 % increase in their position. The disclosure for this purchase can be found here. 2.70% of the stock is owned by company insiders.

Analyst Ratings Changes

Separately, Loop Capital dropped their price objective on Upbound Group from $33.00 to $30.00 and set a "hold" rating on the stock in a research note on Friday, February 21st. Two research 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 MarketBeat.com, Upbound Group has a consensus rating of "Moderate Buy" and a consensus target price of $37.00.

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.