Upbound Group (NASDAQ:UPBD) Announces Earnings Results

Upbound Group (NASDAQ:UPBD) announced its quarterly earnings data on Thursday. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.02, Zacks reports. The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.06 billion. Upbound Group had a net margin of 2.86% and a return on equity of 35.47%. 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 Down 3.9 %

Shares of UPBD stock opened at $26.56 on Friday. The company has a current ratio of 3.66, a quick ratio of 0.86 and a debt-to-equity ratio of 2.08. Upbound Group has a 1 year low of $26.29 and a 1 year high of $38.72. The firm’s fifty day moving average price is $29.50 and its two-hundred day moving average price is $30.78. The firm has a market capitalization of $1.45 billion, a P/E ratio of 12.02 and a beta of 2.05.

Upbound Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 7th. Investors of record on Wednesday, December 18th were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.87%. 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. Upbound Group’s dividend payout ratio (DPR) is presently 70.59%.

Insider Activity

In related news, Director Jeffrey J. Brown bought 1,146 shares of Upbound Group stock in a transaction that occurred on Tuesday, January 7th. The stock was acquired at an average price of $29.01 per share, with a total value of $33,245.46. Following the acquisition, the director now owns 86,380 shares of the company’s stock, valued at approximately $2,505,883.80. This represents a 1.34 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.70% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on UPBD shares. Stephens started coverage on shares of Upbound Group in a research report on Wednesday, November 13th. They set an “overweight” rating and a $38.00 price objective for the company. TD Cowen raised shares of Upbound Group to a “strong-buy” rating in a research note on Friday, November 29th. Finally, Loop Capital decreased their price target on shares of Upbound Group from $33.00 to $30.00 and set a “hold” rating on the stock in a research note on Friday. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Upbound Group presently has an average rating of “Moderate Buy” and an average price target of $38.67.

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.