NASDAQ:UPBD

Upbound Group (UPBD) Stock Forecast, Price & News

$28.98

+0.03 (+0.10%)

(As of 09/20/2023 ET)

Compare

Today's Range: $28.91
▼
$29.42
50-Day Range: $28.62
▼
$34.86
52-Week Range: $16.82
▼
$36.17

Volume: 300,479 shs
Average Volume: 491,866 shs
Market Capitalization: $1.62 billion

P/E Ratio: N/A
Dividend Yield: 4.69%
Price Target: $38.00

Upbound Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 31.1% Upside
$38.00 Price Target
Short Interest: Healthy
5.60% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.70
Based on 2 Articles This Week
Insider Trading: Selling Shares
$694,123 Sold Last Quarter
Proj. Earnings Growth: 7.02%
From $3.42 to $3.66 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.72 out of 5 stars

Finance Sector

170th out of 830 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

5th out of 13 stocks

3.3

Analyst's Opinion

Consensus Rating
Upbound Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $38.00, Upbound Group has a forecasted upside of 31.1% from its current price of $28.98.
Amount of Analyst Coverage
Upbound Group has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
5.60% of the float of Upbound Group has been sold short.
Short Interest Ratio / Days to Cover
Upbound Group has a short interest ratio ("days to cover") of 6.3.
Change versus previous month
Short interest in Upbound Group has recently decreased by 6.42%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Leadership
Upbound Group is a leading dividend payer. It pays a dividend yield of 4.74%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Upbound Group does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Upbound Group will have a dividend payout ratio of 37.16% next year. This indicates that Upbound Group will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for UPBD.

3.2

News and Social Media Coverage

News Sentiment
Upbound Group has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Upbound Group this week, compared to 2 articles on an average week.
Search Interest
2 people have searched for UPBD on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
6 people have added Upbound Group to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Upbound Group insiders have sold 2,471.40% more of their company's stock than they have bought. Specifically, they have bought $26,994.00 in company stock and sold $694,123.00 in company stock.
Percentage Held by Insiders
Only 2.50% of the stock of Upbound Group is held by insiders.
Percentage Held by Institutions
86.72% of the stock of Upbound Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Upbound Group are expected to grow by 7.02% in the coming year, from $3.42 to $3.66 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Upbound Group is -724.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Upbound Group is -724.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Upbound Group has a P/B Ratio of 3.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Upbound Group (NASDAQ:UPBD) Stock

Upbound Group, Inc., an omni-channel platform company, leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico. The company operates in four segments: Rent-A-Center Business, 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. The company also provides merchandise on an installment sales basis; and the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer through kiosks located within retailer's locations. 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 headquartered in Plano, Texas.

UPBD Price History

30 days | 90 days | 365 days | Advanced Chart

UPBD Stock News Headlines

September 20, 2023 | finance.yahoo.com

Rent-A-Center Opens Store in Rochester, New York

September 15, 2023 | finance.yahoo.com

Upbound Group (UPBD)'s Hidden Bargain: An In-Depth Look at the 25% Margin of Safety Based on ...

September 21, 2023 | Behind the Markets (Ad)

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September 14, 2023 | markets.businessinsider.com

Craig-Hallum Keeps Their Buy Rating on Upbound Group (UPBD)

September 13, 2023 | americanbankingnews.com

Upbound Group (NASDAQ:UPBD) Trading 0.2% Higher

September 1, 2023 | finance.yahoo.com

Upbound Group Donates $25,000 to the American Red Cross for Wildfire Relief Efforts in Maui, Hawaii

August 23, 2023 | markets.businessinsider.com

Upbound Group (UPBD) Gets a Buy from Craig-Hallum

August 8, 2023 | finance.yahoo.com

Upbound Donates Nearly $149,000 to Boys & Girls Clubs of America

September 21, 2023 | Behind the Markets (Ad)

BREAKING: Tiny biotech successfully treats blindness

August 7, 2023 | msn.com

Upbound Group: Strong Beat And Raise, Reiterate Buy

August 5, 2023 | seekingalpha.com

Upbound Group Non-GAAP EPS of $1.11

August 4, 2023 | markets.businessinsider.com

Keybanc Maintains Overweight Rating for Upbound Group: Here's What You Need To Know

August 4, 2023 | seekingalpha.com

Upbound Group, Inc. 2023 Q2 - Results - Earnings Call Presentation

August 3, 2023 | finance.yahoo.com

Upbound (UPBD) Q2 Earnings Surpass Estimates, Sales Down

August 3, 2023 | finance.yahoo.com

Upbound Group (UPBD) Tops Q2 Earnings and Revenue Estimates

August 3, 2023 | finance.yahoo.com

Upbound Group (UPBD) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

August 3, 2023 | washingtonpost.com

Upbound Group: Q2 Earnings Snapshot

August 3, 2023 | finance.yahoo.com

Upbound Group, Inc. Reports Second Quarter 2023 Results

July 28, 2023 | nasdaq.com

Upbound Group, Inc. Common Stock (UPBD)

June 27, 2023 | finance.yahoo.com

Despite shrinking by US$100m in the past week, Upbound Group (NASDAQ:UPBD) shareholders are still up 146% over 5 years

June 18, 2023 | markets.businessinsider.com

Upbound Group (UPBD) Receives a Hold from Loop Capital Markets

June 10, 2023 | finance.yahoo.com

Upbound Group (NASDAQ:UPBD) Is Due To Pay A Dividend Of $0.34

June 8, 2023 | finance.yahoo.com

Calculating The Intrinsic Value Of Upbound Group, Inc. (NASDAQ:UPBD)

June 7, 2023 | msn.com

Upbound Group declares $0.34 dividend

June 7, 2023 | finance.yahoo.com

Upbound Group, Inc. (UPBD) Soars to 52-Week High, Time to Cash Out?

June 6, 2023 | finance.yahoo.com

Acima Named Exclusive Lease-to-Own Provider by Big Brand Tire & Service

June 1, 2023 | markets.businessinsider.com

Craig-Hallum Reaffirms Their Buy Rating on Upbound Group (UPBD)

See More Headlines

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UPBD Company Calendar

Ex-Dividend for 7/11 Dividend: 6/16/2023
Dividend Payable: 7/11/2023
Last Earnings: 8/03/2023
Today: 9/21/2023
Next Earnings (Estimated): 11/01/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Equipment rental & leasing, not elsewhere classified
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:UPBD
CUSIP: N/A
CIK: 933036
Web: www.rentacenter.com
Phone: (972) 801-1100
Fax: 972-943-0113
Employees: 12,690
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $38.00
High Stock Price Forecast: $40.00
Low Stock Price Forecast: $33.00
Forecasted Upside/Downside: +31.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.04)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 8.47
P/E Growth: N/A
Net Income: $12.36 million
Net Margins: -0.04%
Pretax Margin: 0.61%
Return on Equity: 36.32%
Return on Assets: 7.92%

Debt

Debt-to-Equity Ratio: 1.98
Current Ratio: 3.36
Quick Ratio: 0.76

Sales & Book Value

Annual Sales: $4.25 billion
Price / Sales: 0.38
Cash Flow: $28.41 per share
Price / Cash Flow: 1.02
Book Value: $9.43 per share
Price / Book: 3.07

Miscellaneous

Outstanding Shares: 55,980,000
Free Float: 54,580,000
Market Cap: $1.62 billion
Optionable: Optionable
Beta: 1.80

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Key Executives

Mr. Mitchell E. Fadel (Age 66)
CEO & Director
Comp: $1.16M

Mr. Fahmi Karam (Age 43)
Exec. VP & CFO
Comp: $653.85k

Mr. Bryan J. Pechersky (Age 52)
Exec. VP, Gen. Counsel & Corp. Sec.
Comp: $646.19k

Mr. Transient C. Taylor (Age 57)
Exec. VP & Chief HR and Diversity Officer
Comp: $419.13k

Mr. Sudeep Gautam (Age 52)
Chief Technology & Digital Officer

Mr. Michael Santimaw
Sr. VP & Chief Information Officer

Mr. Brendan James Metrano C.F.A.
VP of Investor Relations

Ms. Ann L. Davids (Age 54)
Exec. VP, Chief Customer & Marketing Officer

Mr. James York (Age 54)
Sr. VP of Rent-A-Center East

Daniel B. O'Rourke
Sr. VP Fin. & Real Estate

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

UPBD Stock - Frequently Asked Questions

Should I buy or sell Upbound Group stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Upbound Group in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" UPBD shares.
View UPBD analyst ratings or view top-rated stocks.
What is Upbound Group's stock price forecast for 2023?: 3 Wall Street analysts have issued 12-month price targets for Upbound Group's shares. Their UPBD share price forecasts range from $33.00 to $40.00. On average, they predict the company's stock price to reach $38.00 in the next twelve months. This suggests a possible upside of 31.1% 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 2023?: Upbound Group's stock was trading at $26.97 at the beginning of 2023. Since then, UPBD stock has increased by 7.5% and is now trading at $28.98.
View the best growth stocks for 2023 here.
When is Upbound Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our UPBD earnings forecast.
How were Upbound Group's earnings last quarter?: Upbound Group, Inc. (NASDAQ:UPBD) released its quarterly earnings results on Thursday, August, 3rd. The company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.39. The business earned $979.20 million during the quarter, compared to analyst estimates of $973.93 million. Upbound Group had a negative net margin of 0.04% and a positive trailing twelve-month return on equity of 36.32%. Upbound Group's revenue for the quarter was down 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.15 earnings per share.
How often does Upbound Group pay dividends? What is the dividend yield for Upbound Group?: Upbound Group declared a quarterly dividend on Tuesday, June 6th. Shareholders of record on Tuesday, June 20th will be paid a dividend of $0.34 per share on Tuesday, July 11th. This represents a $1.36 dividend on an annualized basis and a yield of 4.69%. The ex-dividend date of this dividend is Friday, June 16th.
Read our dividend analysis for UPBD.
What ETFs hold Upbound Group's stock?: ETFs with the largest weight of Upbound Group (NASDAQ:UPBD) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV), ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Hartford Multifactor Small Cap ETF (ROSC), WBI Power Factor High Dividend ETF (WBIY) and WisdomTree U.S. SmallCap Dividend Fund (DES).

Is Upbound Group a good dividend stock?: Upbound Group (NASDAQ:UPBD) pays an annual dividend of $1.36 per share and currently has a dividend yield of 4.70%. 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 guidance has Upbound Group issued on next quarter's earnings?: Upbound Group issued an update on its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of $3.25-$3.55 for the period, compared to the consensus estimate of $3.04. The company issued revenue guidance of $3.90 billion-$4.00 billion, compared to the consensus revenue estimate of $3.93 billion.
What is Upbound Group's stock symbol?: Upbound Group trades on the NASDAQ under the ticker symbol "UPBD."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Upbound Group's stock price today?: One share of UPBD stock can currently be purchased for approximately $28.98.
How much money does Upbound Group make?: Upbound Group (NASDAQ:UPBD) has a market capitalization of $1.62 billion and generates $4.25 billion in revenue each year. The company earns $12.36 million in net income (profit) each year or ($0.04) on an earnings per share basis.
How many employees does Upbound Group have?: The company employs 12,690 workers across the globe.
How can I contact Upbound Group?: Upbound Group's mailing address is 5501 HEADQUARTERS DRIVE, PLANO TX, 75024. The official website for the company is www.rentacenter.com. The company can be reached via phone at (972) 801-1100, via email at maureen.short@rentacenter.com, or via fax at 972-943-0113.

This page (NASDAQ:UPBD) was last updated on 9/21/2023 by MarketBeat.com Staff

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Upbound Group (UPBD) Stock Forecast, Price & News

Upbound Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Upbound Group (NASDAQ:UPBD) Stock

UPBD Price History

UPBD Stock News Headlines

UPBD Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

UPBD Stock - Frequently Asked Questions

Overall MarketRank^™