Upbound Group, Inc. (NASDAQ:UPBD – Get Free Report) shares fell 3.9% on Thursday . The stock traded as low as $20.29 and last traded at $19.9180. Approximately 30,228 shares traded hands during trading, a decline of 96% from the average session volume of 853,475 shares. The stock had previously closed at $20.73.
Wall Street Analyst Weigh In
Several brokerages have recently commented on UPBD. Zacks Research lowered shares of Upbound Group from a “strong-buy” rating to a “hold” rating in a research note on Monday. Weiss Ratings reissued a “hold (c-)” rating on shares of Upbound Group in a research report on Wednesday, June 24th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $31.33.
Get Our Latest Report on Upbound Group
Upbound Group Price Performance
Upbound Group (NASDAQ:UPBD – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $1.08 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 business 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 posted $1.00 earnings per share. The firm’s revenue for the quarter 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. On average, equities analysts forecast that Upbound Group, Inc. will post 4.15 earnings per share for the current fiscal year.
Upbound Group Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 16th will be issued a dividend of $0.39 per share. The ex-dividend date is Tuesday, June 16th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.9%. Upbound Group’s payout ratio is 109.09%.
Insider Buying and Selling at Upbound Group
In related news, Director Jeffrey J. Brown acquired 2,329 shares of the stock in a transaction dated Tuesday, April 28th. The shares were acquired at an average price 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. The trade was a 2.52% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.60% of the company’s stock.
Institutional Trading of Upbound Group
A number of hedge funds have recently bought and sold shares of UPBD. Vanguard Group Inc. grew its position in Upbound Group by 3.4% during the fourth quarter. Vanguard Group Inc. now owns 7,132,443 shares of the company’s stock worth $125,246,000 after buying an additional 231,293 shares in the last quarter. State Street Corp lifted its position in shares of Upbound Group by 11.4% in the 4th quarter. State Street Corp now owns 2,410,524 shares of the company’s stock worth $43,220,000 after acquiring an additional 246,146 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Upbound Group by 15.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,394,770 shares of the company’s stock worth $43,227,000 after acquiring an additional 327,203 shares during the period. Huber Capital Management LLC grew its holdings in shares of Upbound Group by 80.2% during the 4th quarter. Huber Capital Management LLC now owns 1,739,045 shares of the company’s stock worth $30,538,000 after purchasing an additional 773,775 shares in the last quarter. Finally, Wellington Management Group LLP increased its position in shares of Upbound Group by 4.8% during the fourth quarter. Wellington Management Group LLP now owns 1,315,672 shares of the company’s stock valued at $23,103,000 after purchasing an additional 59,798 shares during the period. 90.30% of the stock is owned by institutional investors.
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. It offers furniture comprising mattresses, tires, consumer electronics, appliances, tools, handbags, computers, smartphones, and accessories.
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