Key Points
- Upbound Group EVP Anthony Blasquez sold 10,000 shares at an average price of $18.85, generating $188,500 and reducing his direct holdings by 18.62% to 43,717 shares.
- Upbound reported quarterly EPS of $1.07, ahead of analysts’ $1.05 estimate, while revenue reached $1.16 billion and rose 0.5% year over year. The company reaffirmed FY 2026 EPS guidance of $4.00–$4.35.
- The stock offers an annualized dividend of $1.56, yielding about 8.0%, but its payout ratio is elevated at 101.3%. Analysts have a consensus “Hold” rating with a $30.67 price target.
Upbound Group, Inc. (NASDAQ:UPBD - Get Free Report) EVP Anthony Blasquez sold 10,000 shares of the firm's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $18.85, for a total value of $188,500.00. Following the sale, the executive vice president directly owned 43,717 shares of the company's stock, valued at approximately $824,065.45. This trade represents a 18.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Upbound Group Stock Up 0.4%
Shares of NASDAQ:UPBD opened at $19.44 on Thursday. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 12.62 and a beta of 1.79. Upbound Group, Inc. has a 12-month low of $15.82 and a 12-month high of $28.02. The business has a 50-day moving average price of $20.14 and a 200 day moving average price of $19.39. The company has a current ratio of 3.22, a quick ratio of 0.97 and a debt-to-equity ratio of 1.94.
Upbound Group (NASDAQ:UPBD - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.07 earnings per share for the quarter, beating analysts' consensus estimates of $1.05 by $0.02. Upbound Group had a net margin of 1.90% and a return on equity of 34.53%. The business had revenue of $1.16 billion during the quarter, compared to analysts' expectations of $1.16 billion. During the same period last year, the business earned $1.12 earnings per share. The business's revenue for the quarter was up .5% on a year-over-year basis. Upbound Group has set its FY 2026 guidance at 4.000-4.350 EPS and its Q3 2026 guidance at 0.850-0.950 EPS. Sell-side analysts expect that Upbound Group, Inc. will post 4.15 EPS for the current year.
Upbound Group Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 16th were given a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $1.56 dividend on an annualized basis and a yield of 8.0%. Upbound Group's payout ratio is presently 101.30%.
Analysts Set New Price Targets
A number of research firms have commented on UPBD. Wall Street Zen cut Upbound Group from a "buy" rating to a "hold" rating in a research note on Saturday, August 1st. Weiss Ratings raised Upbound Group from a "hold (c-)" rating to a "hold (c)" rating in a research note on Tuesday. Zacks Research downgraded Upbound Group from a "hold" rating to a "strong sell" rating in a report on Monday, August 3rd. TD Cowen decreased their target price on Upbound Group from $29.00 to $28.00 and set a "buy" rating on the stock in a research note on Friday, July 31st. Finally, BTIG Research cut Upbound Group from a "buy" rating to a "neutral" rating and set a $28.00 target price for the company. in a report on Friday, July 31st. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $30.67.
Check Out Our Latest Stock Report on UPBD
Hedge Funds Weigh In On Upbound Group
Institutional investors have recently modified their holdings of the business. BlackRock Inc. acquired a new stake in shares of Upbound Group in the second quarter valued at $194,216,000. Vanguard Group Inc. grew its position in shares of 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 increased its stake in shares of Upbound Group by 11.4% during the fourth quarter. State Street Corp now owns 2,410,524 shares of the company's stock worth $43,220,000 after buying an additional 246,146 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Upbound Group by 15.8% during 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 in the last quarter. Finally, Ieq Capital LLC purchased a new stake in Upbound Group in the second quarter valued at approximately $37,565,000. 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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