Shares of Upbound Group, Inc. (NASDAQ:UPBD – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the six research firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $32.25.
A number of brokerages recently weighed in on UPBD. Wall Street Zen upgraded shares of Upbound Group from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. TD Cowen restated a “buy” rating on shares of Upbound Group in a research note on Thursday, January 8th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Upbound Group in a research report on Friday, March 27th. Finally, Zacks Research downgraded shares of Upbound Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 12th.
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Upbound Group Stock Performance
Upbound Group (NASDAQ:UPBD – Get Free Report) last issued its earnings results on Thursday, February 19th. The company reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.04. The firm had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.17 billion. Upbound Group had a net margin of 1.56% and a return on equity of 35.23%. The business’s revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.05 earnings per share. Upbound Group has set its Q1 2026 guidance at 1.050-1.150 EPS and its FY 2026 guidance at 4.000-4.350 EPS. Analysts predict that Upbound Group will post 4.28 earnings per share for the current year.
Upbound Group Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 28th. Shareholders of record on Tuesday, April 7th will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 7.8%. The ex-dividend date is Tuesday, April 7th. Upbound Group’s dividend payout ratio (DPR) is presently 125.81%.
Institutional Investors Weigh In On Upbound Group
Several hedge funds have recently made changes to their positions in UPBD. AQR Capital Management LLC increased its stake in shares of Upbound Group by 15.9% during the first quarter. AQR Capital Management LLC now owns 48,276 shares of the company’s stock valued at $1,157,000 after buying an additional 6,623 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised 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 acquiring an additional 1,376 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Upbound Group by 73.0% in the first quarter. Goldman Sachs Group Inc. now owns 532,809 shares of the company’s stock worth $12,766,000 after acquiring an additional 224,811 shares during the period. Jane Street Group LLC lifted its stake in Upbound Group by 286.3% in the first quarter. Jane Street Group LLC now owns 86,450 shares of the company’s stock worth $2,071,000 after acquiring an additional 64,073 shares during the period. Finally, Norges Bank bought a new position in Upbound Group during the 2nd quarter worth about $440,000. 90.30% of the stock is currently owned by hedge funds and other 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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