Upbound Group, Inc. (NASDAQ:UPBD – Get Free Report) fell 6.9% during mid-day trading on Monday . The company traded as low as $18.02 and last traded at $18.30. 365,754 shares traded hands during trading, a decline of 51% from the average session volume of 743,603 shares. The stock had previously closed at $19.66.
Wall Street Analyst Weigh In
Several analysts have commented on UPBD shares. Wall Street Zen raised Upbound Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Zacks Research cut Upbound Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 12th. TD Cowen reaffirmed a “buy” rating on shares of Upbound Group in a report on Thursday, January 8th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Upbound Group in a research report on Monday, December 29th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $32.25.
Read Our Latest Stock Analysis on UPBD
Upbound Group Stock Down 6.3%
Upbound Group (NASDAQ:UPBD – Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The company reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.04. Upbound Group had a return on equity of 35.23% and a net margin of 1.56%.The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same quarter in the prior year, the company posted $1.05 earnings per share. Upbound Group’s quarterly revenue was up 10.8% on a year-over-year basis. Upbound Group has set its Q1 2026 guidance at 1.050-1.150 EPS and its FY 2026 guidance at 4.000-4.350 EPS. As a group, sell-side analysts expect that Upbound Group, Inc. will post 4.28 EPS for the current fiscal year.
Insider Activity
In other news, Director Jeffrey J. Brown purchased 2,502 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The shares were acquired at an average price of $17.68 per share, with a total value of $44,235.36. Following the purchase, the director directly owned 92,972 shares of the company’s stock, valued at $1,643,744.96. The trade was a 2.77% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. 2.60% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Upbound Group
Several hedge funds and other institutional investors have recently bought and sold shares of UPBD. FNY Investment Advisers LLC acquired a new stake in Upbound Group in the third quarter valued at $32,000. Quarry LP raised its stake in shares of Upbound Group by 913.1% during the 3rd quarter. Quarry LP now owns 1,388 shares of the company’s stock worth $33,000 after buying an additional 1,251 shares during the last quarter. Hantz Financial Services Inc. boosted its position in shares of Upbound Group by 238.3% in the 4th quarter. Hantz Financial Services Inc. now owns 1,448 shares of the company’s stock worth $25,000 after buying an additional 1,020 shares in the last quarter. Security National Bank purchased a new stake in shares of Upbound Group in the 3rd quarter worth about $57,000. Finally, Public Employees Retirement System of Ohio grew its stake in Upbound Group by 18.7% in the 4th quarter. Public Employees Retirement System of Ohio now owns 3,400 shares of the company’s stock valued at $60,000 after acquiring an additional 535 shares during the last quarter. 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.
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