Brokerages Set Upbound Group, Inc. (NASDAQ:UPBD) Price Target at $31.00

Shares of Upbound Group, Inc. (NASDAQ:UPBD) have been assigned a consensus recommendation of “Moderate Buy” from the five ratings firms that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $31.00.

A number of brokerages have recently weighed in on UPBD. TD Cowen increased their target price on Upbound Group from $28.00 to $29.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. Weiss Ratings restated a “hold (c-)” rating on shares of Upbound Group in a research note on Wednesday, June 24th. Finally, Zacks Research lowered Upbound Group from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th.

Upbound Group Stock Performance

Shares of UPBD stock opened at $20.61 on Friday. Upbound Group has a 52 week low of $15.82 and a 52 week high of $28.02. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 14.41 and a beta of 1.79. The company has a 50-day simple moving average of $19.57 and a 200 day simple moving average of $19.36. The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.88 and a current ratio of 3.06.

Upbound Group (NASDAQ:UPBD) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.02. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Upbound Group had a net margin of 1.78% and a return on equity of 35.56%. The business’s revenue was up 3.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.00 EPS. 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, sell-side analysts predict that Upbound Group will post 4.15 earnings per share for the current year.

Upbound Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 16th were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.6%. Upbound Group’s dividend payout ratio (DPR) is currently 109.09%.

Insider Activity

In other Upbound Group news, Director Jeffrey J. Brown bought 2,295 shares of Upbound Group stock in a transaction dated Tuesday, July 7th. The stock was bought at an average price of $20.09 per share, with a total value of $46,106.55. Following the completion of the transaction, the director owned 96,681 shares in the company, valued at $1,942,321.29. The trade was a 2.43% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Upbound Group

A number of hedge funds have recently bought and sold shares of the business. Quarry LP boosted its holdings in Upbound Group by 913.1% in the 3rd quarter. Quarry LP now owns 1,388 shares of the company’s stock valued at $33,000 after purchasing an additional 1,251 shares during the period. Hantz Financial Services Inc. increased its holdings in shares of Upbound Group by 238.3% during the fourth quarter. Hantz Financial Services Inc. now owns 1,448 shares of the company’s stock worth $25,000 after purchasing an additional 1,020 shares during the period. GAMMA Investing LLC increased its holdings in shares of Upbound Group by 18.2% during the second quarter. GAMMA Investing LLC now owns 3,360 shares of the company’s stock worth $71,000 after purchasing an additional 518 shares during the period. Public Employees Retirement System of Ohio increased its holdings in shares of Upbound Group by 18.7% during the fourth quarter. Public Employees Retirement System of Ohio now owns 3,400 shares of the company’s stock worth $60,000 after purchasing an additional 535 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in shares of Upbound Group by 49.9% in the first quarter. PNC Financial Services Group Inc. now owns 3,685 shares of the company’s stock valued at $67,000 after buying an additional 1,226 shares in the last quarter. 90.30% of the stock is owned by institutional investors.

About Upbound Group

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.