Upbound Group (NASDAQ:UPBD) Stock Price Down 3.9% – Here’s Why

by · The Cerbat Gem

Upbound Group, Inc. (NASDAQ:UPBD – Get Free Report)’s stock price was down 3.9% on Thursday . The company traded as low as $20.29 and last traded at $19.9180. Approximately 30,228 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 853,475 shares. The stock had previously closed at $20.73.

Analysts Set New Price Targets

Several research firms have recently issued reports on UPBD. Zacks Research cut shares of Upbound Group from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of Upbound Group in a report on Wednesday, June 24th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $31.33.

Get Our Latest Analysis on Upbound Group

Upbound Group Price Performance

The company has a 50 day moving average of $18.73 and a two-hundred day moving average of $18.97. The firm has a market cap of $1.16 billion, a P/E ratio of 13.91 and a beta of 1.79. 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 released its earnings results on Thursday, April 30th. The company reported $1.08 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period in the previous year, the company earned $1.00 earnings per share. Upbound Group’s revenue was up 3.7% compared to the same quarter last year. 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. Sell-side analysts expect that Upbound Group, Inc. will post 4.15 EPS for the current year.

Upbound Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 16th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $1.56 annualized dividend and a dividend yield of 7.8%. Upbound Group’s payout ratio is currently 109.09%.

Insider Activity at Upbound Group

In other Upbound Group news, Director Jeffrey J. Brown bought 2,329 shares of the company’s stock in a transaction that occurred on Tuesday, April 28th. The shares were acquired at an average cost of $19.41 per share, for a total transaction of $45,205.89. Following the acquisition, the director directly owned 94,840 shares of the company’s stock, valued at $1,840,844.40. This trade represents a 2.52% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. 2.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Hantz Financial Services Inc. increased its holdings in shares of Upbound Group by 238.3% in the fourth quarter. Hantz Financial Services Inc. now owns 1,448 shares of the company’s stock valued at $25,000 after buying an additional 1,020 shares in the last quarter. FNY Investment Advisers LLC bought a new stake in shares of Upbound Group during the 3rd quarter worth $32,000. Quarry LP boosted its stake in shares of Upbound Group by 913.1% during the 3rd quarter. Quarry LP now owns 1,388 shares of the company’s stock worth $33,000 after acquiring an additional 1,251 shares in the last quarter. Public Employees Retirement System of Ohio grew its holdings in shares of Upbound Group by 18.7% in the 4th quarter. Public Employees Retirement System of Ohio now owns 3,400 shares of the company’s stock worth $60,000 after acquiring an additional 535 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Upbound Group by 49.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,685 shares of the company’s stock worth $67,000 after acquiring an additional 1,226 shares during the last quarter. Institutional investors and hedge funds own 90.30% of the company’s stock.

Upbound Group Company Profile

(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.

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