Upbound Group (NASDAQ:UPBD) Issues Earnings Results

Upbound Group (NASDAQ:UPBD) posted its quarterly earnings data on Thursday. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.02, Zacks reports. Upbound Group had a return on equity of 34.15% and a net margin of 1.91%. Upbound Group updated its FY 2025 guidance to 3.900-4.400 EPS and its Q1 2025 guidance to 0.900-1.000 EPS.

Upbound Group Stock Performance

Shares of UPBD stock opened at $27.64 on Friday. The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of 19.06 and a beta of 2.05. The company has a debt-to-equity ratio of 2.02, a current ratio of 3.66 and a quick ratio of 0.86. The business has a fifty day moving average of $29.61 and a 200 day moving average of $30.82. Upbound Group has a 1 year low of $26.50 and a 1 year high of $38.72.

Upbound Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 7th. Investors of record on Wednesday, December 18th were paid a $0.39 dividend. This is a positive change from Upbound Group’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $1.56 dividend on an annualized basis and a yield of 5.64%. Upbound Group’s dividend payout ratio (DPR) is 107.59%.

Insider Buying and Selling at Upbound Group

In other Upbound Group news, Director Jeffrey J. Brown bought 1,146 shares of the company’s stock in a transaction dated Tuesday, January 7th. The shares were purchased at an average cost of $29.01 per share, for a total transaction of $33,245.46. Following the transaction, the director now directly owns 86,380 shares of the company’s stock, valued at approximately $2,505,883.80. The trade was a 1.34 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 2.70% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on UPBD. TD Cowen raised Upbound Group to a “strong-buy” rating in a research report on Friday, November 29th. Stephens initiated coverage on Upbound Group in a research note on Wednesday, November 13th. They set an “overweight” rating and a $38.00 target price on the stock. Finally, Loop Capital decreased their price objective on Upbound Group from $36.00 to $33.00 and set a “hold” rating on the stock in a research report on Friday, November 1st. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Upbound Group currently has an average rating of “Moderate Buy” and an average target price of $39.17.

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.