Upbound Group (NASDAQ:UPBD) EVP Anthony Blasquez Sells 10,000 Shares of Stock

Upbound Group, Inc. (NASDAQ:UPBD) EVP Anthony Blasquez sold 10,000 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $18.85, for a total transaction of $188,500.00. Following the transaction, the executive vice president owned 43,717 shares in the company, valued at $824,065.45. This represents a 18.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Upbound Group Stock Up 0.4%

NASDAQ UPBD traded up $0.08 during mid-day trading on Wednesday, hitting $19.44. The company’s stock had a trading volume of 654,545 shares, compared to its average volume of 887,242. The company’s 50 day simple moving average is $20.10 and its 200 day simple moving average is $19.40. Upbound Group, Inc. has a twelve month low of $15.82 and a twelve month high of $28.02. The company has a current ratio of 3.22, a quick ratio of 0.97 and a debt-to-equity ratio of 1.94. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of 12.62 and a beta of 1.79.

Upbound Group (NASDAQ:UPBD) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.02. The firm had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.16 billion. Upbound Group had a return on equity of 34.53% and a net margin of 1.90%.The company’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the company posted $1.12 EPS. Upbound Group has set its FY 2026 guidance at 4.000-4.350 EPS and its Q3 2026 guidance at 0.850-0.950 EPS. Analysts anticipate that Upbound Group, Inc. will post 4.15 earnings per share for the current year.

Upbound Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 16th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date of this dividend was Tuesday, June 16th. Upbound Group’s dividend payout ratio is currently 101.30%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on UPBD shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Upbound Group in a research report on Wednesday, June 24th. Wall Street Zen lowered shares of Upbound Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Zacks Research cut shares of Upbound Group from a “hold” rating to a “strong sell” rating in a research note on Monday, August 3rd. TD Cowen cut their price objective on shares of Upbound Group from $29.00 to $28.00 and set a “buy” rating for the company in a report on Friday, July 31st. Finally, BTIG Research lowered shares of Upbound Group from a “buy” rating to a “neutral” rating and set a $28.00 price objective for the company. in a research note on Friday, July 31st. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $30.67.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. increased its position in shares of Upbound Group by 238.3% during the fourth quarter. Hantz Financial Services Inc. now owns 1,448 shares of the company’s stock valued at $25,000 after buying an additional 1,020 shares during the period. Quarry LP boosted its position in shares of Upbound Group by 913.1% in the third quarter. Quarry LP now owns 1,388 shares of the company’s stock valued at $33,000 after acquiring an additional 1,251 shares during the period. Quantbot Technologies LP bought a new position in shares of Upbound Group in the second quarter valued at approximately $46,000. Allworth Financial LP purchased a new position in Upbound Group during the second quarter valued at approximately $50,000. Finally, Public Employees Retirement System of Ohio grew its stake in Upbound Group by 18.7% during the fourth 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 in the last quarter. Institutional investors 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.