Upbound Group (NASDAQ:UPBD) Stock Price Down 3.9% – Should You Sell?

Upbound Group, Inc. (NASDAQ:UPBD) shares fell 3.9% during trading on Thursday . The stock traded as low as $20.29 and last traded at $19.9180. Approximately 30,228 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 853,475 shares. The stock had previously closed at $20.73.

Analysts Set New Price Targets

UPBD has been the topic of a number of recent analyst reports. Zacks Research lowered shares of Upbound Group from a “strong-buy” rating to a “hold” rating in a report on Monday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Upbound Group in a research note on Wednesday, June 24th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Upbound Group has an average rating of “Moderate Buy” and a consensus price target of $31.33.

Upbound Group Trading Down 4.8%

The company has a market cap of $1.15 billion, a PE ratio of 13.80 and a beta of 1.79. The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.88 and a current ratio of 3.06. The company has a 50 day simple moving average of $18.73 and a two-hundred day simple moving average of $18.95.

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

Upbound Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 16th will be given a $0.39 dividend. The ex-dividend date is Tuesday, June 16th. This represents a $1.56 dividend on an annualized basis and a yield of 7.9%. Upbound Group’s dividend payout ratio is presently 109.09%.

Insider Activity

In related news, Director Jeffrey J. Brown bought 2,329 shares of the firm’s stock in a transaction on Tuesday, April 28th. The stock was bought at an average price of $19.41 per share, with a total value of $45,205.89. Following the purchase, the director directly owned 94,840 shares of the company’s stock, valued at approximately $1,840,844.40. This represents a 2.52% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 2.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On Upbound Group

A number of hedge funds have recently modified their holdings of UPBD. Huber Capital Management LLC boosted its position in Upbound Group by 80.2% during the fourth quarter. Huber Capital Management LLC now owns 1,739,045 shares of the company’s stock valued at $30,538,000 after purchasing an additional 773,775 shares during the last quarter. Wellington Management Group LLP increased its position in Upbound Group by 60.3% in the 3rd quarter. Wellington Management Group LLP now owns 1,255,874 shares of the company’s stock worth $29,676,000 after purchasing an additional 472,550 shares during the last quarter. Pacer Advisors Inc. acquired a new position in Upbound Group in the 1st quarter worth about $7,455,000. Lido Advisors LLC purchased a new stake in shares of Upbound Group during the 3rd quarter worth about $8,681,000. Finally, Bridgeway Capital Management LLC purchased a new stake in shares of Upbound Group during the 3rd quarter worth about $7,781,000. 90.30% of the stock is owned by institutional investors and hedge funds.

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.