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

Upbound Group, Inc. (NASDAQ:UPBD) Director Jeffrey Brown bought 2,295 shares of the stock in a transaction dated Tuesday, July 7th. The stock was purchased 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 in the company, valued at approximately $1,942,321.29. The trade was a 2.43% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Upbound Group Trading Up 4.1%

Shares of NASDAQ UPBD opened at $21.16 on Friday. The stock has a market capitalization of $1.23 billion, a P/E ratio of 14.80 and a beta of 1.79. The company has a debt-to-equity ratio of 2.01, a current ratio of 3.06 and a quick ratio of 0.88. Upbound Group, Inc. has a 1-year low of $15.82 and a 1-year high of $28.02. The business has a fifty day moving average price of $18.85 and a 200 day moving average price of $19.06.

Upbound Group (NASDAQ:UPBD) last posted its earnings results on Thursday, April 30th. The company reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.02. Upbound Group had a return on equity of 35.56% and a net margin of 1.78%.The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.23 billion. During the same period last year, the firm earned $1.00 EPS. The company’s quarterly revenue 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 expect that Upbound Group, Inc. will post 4.15 EPS for the current fiscal year.

Upbound Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 16th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 7.4%. The ex-dividend date of this dividend was Tuesday, June 16th. Upbound Group’s dividend payout ratio (DPR) is 109.09%.

Analysts Set New Price Targets

UPBD has been the topic of a number of analyst reports. TD Cowen lifted their target price on shares of Upbound Group from $28.00 to $29.00 and gave the stock a “buy” rating in a research note on Tuesday. Weiss Ratings restated a “hold (c-)” rating on shares of Upbound Group in a research note on Wednesday, June 24th. Finally, Zacks Research cut Upbound Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Upbound Group presently has an average rating of “Moderate Buy” and a consensus target price of $31.00.

Hedge Funds Weigh In On Upbound Group

A number of hedge funds have recently made changes to their positions in the stock. Hantz Financial Services Inc. grew its stake in Upbound Group by 238.3% during the 4th quarter. Hantz Financial Services Inc. now owns 1,448 shares of the company’s stock valued at $25,000 after purchasing an additional 1,020 shares in the last quarter. FNY Investment Advisers LLC bought a new position in shares of Upbound Group during the third quarter worth about $32,000. Quarry LP lifted its position in Upbound Group by 913.1% in the 3rd quarter. Quarry LP now owns 1,388 shares of the company’s stock valued at $33,000 after purchasing an additional 1,251 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in Upbound Group by 18.7% during the 4th quarter. Public Employees Retirement System of Ohio now owns 3,400 shares of the company’s stock valued at $60,000 after purchasing an additional 535 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of Upbound Group by 49.9% in the first quarter. PNC Financial Services Group Inc. now owns 3,685 shares of the company’s stock valued at $67,000 after purchasing an additional 1,226 shares during the period. Institutional investors and hedge funds own 90.30% of the company’s stock.

About Upbound Group

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.