Insider Buying: Upbound Group (NASDAQ:UPBD) Director Purchases $47,015.64 in Stock

Upbound Group, Inc. (NASDAQ:UPBD) Director Jeffrey Brown purchased 2,764 shares of the firm’s stock in a transaction dated Tuesday, October 27th. The shares were bought at an average price of $17.01 per share, with a total value of $47,015.64. Following the purchase, the director owned 98,898 shares in the company, valued at $1,682,254.98. This represents a 2.88% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Upbound Group Stock Performance

Shares of NASDAQ UPBD opened at $20.70 on Friday. The business’s 50-day simple moving average is $17.23 and its 200-day simple moving average is $18.88. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.97 and a current ratio of 3.22. Upbound Group, Inc. has a 52 week low of $14.98 and a 52 week high of $23.98. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of 10.89 and a beta of 1.78.

Upbound Group (NASDAQ:UPBD) last posted its earnings results on Thursday, October 29th. The company reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.10. The firm had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.12 billion. Upbound Group had a return on equity of 33.81% and a net margin of 2.36%. The company’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.00 EPS. As a group, equities research analysts expect that Upbound Group, Inc. will post 4.22 earnings per share for the current fiscal year.

Upbound Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 27th. Stockholders of record on Tuesday, October 6th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date was Tuesday, October 6th. Upbound Group’s payout ratio is presently 82.11%.

Key Upbound Group News

Here are the key news stories impacting Upbound Group this week:

• Positive Sentiment: Q3 earnings and revenue exceeded expectations: Upbound reported adjusted earnings of $1.01 per share, topping estimates of approximately $0.89–$0.91, while revenue of $1.15 billion surpassed the roughly $1.12 billion consensus. EPS also improved from $1.00 a year earlier. Upbound Group Q3 Earnings Report
• Positive Sentiment: Management highlighted cash flow and margin gains: The earnings call emphasized improved cash generation, margin expansion and opportunities to support future growth. These factors may reinforce investor confidence in the company’s operating performance and financial flexibility. Upbound Group Q3 Earnings Call Highlights
• Positive Sentiment: Director bought shares: Director Jeffrey Brown purchased 2,764 shares for approximately $47,016, increasing his direct ownership by 2.88%. The insider purchase offers a supportive sentiment signal, though it is relatively small compared with the company’s overall market value. Upbound Group Director Share Purchase
• Neutral Sentiment: Analyst sentiment remains mixed: The average price target is about $27.50, but coverage is concentrated around “Hold” ratings, with some firms recently lowering targets or downgrading the shares. This suggests potential upside is recognized, but conviction remains limited.
• Negative Sentiment: Revenue declined year over year: Quarterly revenue fell 1.3% from the prior-year period, indicating that the earnings beat was driven more by profitability and execution than by top-line growth.
• Negative Sentiment: Dividend sustainability warrants attention: Upbound’s quarterly dividend is $0.39, or $1.56 annualized, producing a yield near 7.8%. Its reported payout ratio above 100% could constrain flexibility if earnings or cash flow weaken.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. BTIG Research lowered shares of Upbound Group from a “buy” rating to a “neutral” rating and set a $28.00 target price on the stock. in a research note on Friday, July 31st. Zacks Research upgraded shares of Upbound Group from a “strong sell” rating to a “hold” rating in a report on Monday, September 28th. TD Cowen cut their target price on shares of Upbound Group from $27.00 to $26.00 and set a “buy” rating for the company in a research report on Friday. Wall Street Zen cut shares of Upbound Group from a “buy” rating to a “hold” rating in a report on Saturday, October 24th. Finally, Weiss Ratings downgraded Upbound Group from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, September 21st. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $27.00.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of UPBD. One Way Holdings LLC acquired a new position in shares of Upbound Group during the third quarter valued at about $5,610,000. Vise Technologies Inc. acquired a new stake in Upbound Group during the third quarter worth about $172,000. Summit Global Investments increased its stake in Upbound Group by 5.3% during the third quarter. Summit Global Investments now owns 38,648 shares of the company’s stock valued at $607,000 after acquiring an additional 1,948 shares during the period. State of Wyoming bought a new position in Upbound Group during the third quarter valued at about $231,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al increased its stake in Upbound Group by 11.7% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 20,000 shares of the company’s stock valued at $314,000 after acquiring an additional 2,100 shares during the period. 90.30% of the stock is currently owned by institutional investors and hedge funds.

About Upbound Group

Upbound Group, Inc is a provider of consumer leasing and retail solutions, operating primarily through its Rent-A-Center and Acima brands. The company enables customers to obtain merchandise through flexible lease-to-own agreements and related payment options, serving consumers who may prefer alternatives to traditional retail financing.

Its Rent-A-Center business operates company-owned and franchised locations, as well as digital channels, offering furniture, appliances, electronics, computers, smartphones and other household goods.