Upbound Group (NASDAQ:UPBD) Director Jeffrey Brown Buys 2,295 Shares of Stock

Upbound Group, Inc. (NASDAQ:UPBD) Director Jeffrey Brown acquired 2,295 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The shares were bought at an average price of $20.09 per share, with a total value of $46,106.55. Following the acquisition, the director directly owned 96,681 shares of the company’s stock, 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 can be accessed through this hyperlink.

Upbound Group Stock Performance

NASDAQ:UPBD opened at $20.32 on Friday. 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, Inc. has a fifty-two week low of $15.82 and a fifty-two week high of $28.02. The firm has a market cap of $1.18 billion, a PE ratio of 14.21 and a beta of 1.79. The business has a 50 day moving average price of $18.80 and a 200-day moving average price of $19.05.

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

Upbound Group Dividend Announcement

The firm 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. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date was Tuesday, June 16th. Upbound Group’s payout ratio is 109.09%.

Hedge Funds Weigh In On Upbound Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UPBD. Redhawk Wealth Advisors Inc. purchased a new stake in Upbound Group during the 2nd quarter valued at $472,000. GAMMA Investing LLC raised its stake in shares of Upbound Group by 18.2% in 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 last quarter. Moody National Bank Trust Division bought a new position in shares of Upbound Group during the second quarter valued at $227,000. Pacer Advisors Inc. bought a new position in shares of Upbound Group during the first quarter valued at $7,455,000. Finally, Bank of America Corp DE boosted its position in shares of Upbound Group by 10.7% during the first quarter. Bank of America Corp DE now owns 194,819 shares of the company’s stock valued at $3,516,000 after buying an additional 18,758 shares during the last quarter. 90.30% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on UPBD. Weiss Ratings reiterated a “hold (c-)” rating on shares of Upbound Group in a research note on Wednesday, June 24th. Zacks Research downgraded Upbound Group from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Finally, TD Cowen lifted their price target on Upbound Group from $28.00 to $29.00 and gave the stock a “buy” rating in a research report on Tuesday. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $31.00.

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.