Upbound Group, Inc. (NASDAQ:UPBD) Plans $0.39 Quarterly Dividend

Upbound Group, Inc. (NASDAQ:UPBD) declared a quarterly dividend on Thursday, March 26th. Shareholders of record on Tuesday, April 7th will be paid a dividend of 0.39 per share on Tuesday, April 28th. This represents a c) dividend on an annualized basis and a yield of 8.5%. The ex-dividend date is Tuesday, April 7th.

Upbound Group has increased its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 5 consecutive years. Upbound Group has a payout ratio of 30.4% meaning its dividend is sufficiently covered by earnings. Analysts expect Upbound Group to earn $4.98 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 31.3%.

Upbound Group Stock Performance

Shares of UPBD traded up $0.09 during mid-day trading on Thursday, reaching $18.42. The company’s stock had a trading volume of 694,415 shares, compared to its average volume of 812,854. The company has a current ratio of 2.92, a quick ratio of 0.78 and a debt-to-equity ratio of 2.26. Upbound Group has a 1-year low of $15.82 and a 1-year high of $28.02. The business has a 50-day simple moving average of $19.74 and a two-hundred day simple moving average of $20.15. The stock has a market cap of $1.07 billion, a P/E ratio of 14.85 and a beta of 1.81.

Upbound Group (NASDAQ:UPBD) last posted its earnings results 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. The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.17 billion. Upbound Group had a return on equity of 35.23% and a net margin of 1.56%.The firm’s revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.05 EPS. 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, equities research analysts anticipate that Upbound Group will post 4.28 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Jeffrey J. Brown purchased 2,502 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The stock was acquired at an average cost of $17.68 per share, for a total transaction of $44,235.36. Following the completion of the purchase, the director owned 92,972 shares in the company, valued at approximately $1,643,744.96. This represents a 2.77% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.60% of the company’s stock.

Institutional Investors Weigh In On Upbound Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. FNY Investment Advisers LLC bought a new position in shares of Upbound Group in the 3rd quarter valued at $32,000. Quarry LP lifted its position 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 stake in Upbound Group by 238.3% in 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 in the last quarter. Security National Bank acquired a new stake in Upbound Group in the third quarter valued at about $57,000. Finally, Public Employees Retirement System of Ohio grew its position in Upbound Group by 18.7% in 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 during the last quarter. 90.30% of the stock is currently owned by institutional investors.

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.