Upbound Group (NASDAQ:UPBD) Stock Price Target Lowered at TD Cowen

Upbound Group (NASDAQ:UPBD) had its price target reduced by TD Cowen from $27.00 to $26.00 in a report published on Friday morning,Benzinga reports. They currently have a buy rating on the stock.

Other analysts have also issued reports about the stock. Zacks Research upgraded shares of Upbound Group from a “strong sell” rating to a “hold” rating in a research report on Monday, September 28th. Wall Street Zen lowered shares of Upbound Group from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. Weiss Ratings cut shares of Upbound Group from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, September 21st. Finally, BTIG Research downgraded Upbound Group from a “buy” rating to a “neutral” rating and set a $28.00 target price on the stock. in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $27.00.

Upbound Group Stock Up 3.6%

Shares of UPBD stock opened at $20.70 on Friday. Upbound Group has a 12 month low of $14.98 and a 12 month high of $23.98. The company has a quick ratio of 0.97, a current ratio of 3.22 and a debt-to-equity ratio of 1.80. The firm has a market cap of $1.21 billion, a PE ratio of 4.79 and a beta of 1.78. The stock has a 50 day moving average of $17.23 and a 200-day moving average of $18.88.

Upbound Group (NASDAQ:UPBD) last announced its quarterly earnings data on Thursday, October 29th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.10. Upbound Group had a net margin of 2.36% and a return on equity of 33.81%. The business had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter last year, the company posted $1.00 earnings per share. Upbound Group’s quarterly revenue was down 1.3% on a year-over-year basis. On average, equities analysts predict that Upbound Group will post 4.20 EPS for the current year.

Upbound Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 27th. Investors of record on Tuesday, October 6th were paid a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, October 6th. This represents a $1.56 annualized dividend and a yield of 7.5%. Upbound Group’s payout ratio is currently 101.30%.

Insider Buying and Selling at Upbound Group

In related news, Director Jeffrey J. Brown acquired 2,764 shares of the business’s stock in a transaction on Tuesday, October 27th. The stock was bought at an average cost of $17.01 per share, with a total value of $47,015.64. Following the completion of the acquisition, the director owned 98,898 shares in the company, valued at $1,682,254.98. The trade was a 2.88% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Anthony J. Blasquez sold 10,000 shares of Upbound Group stock in a transaction on Friday, August 21st. The shares were sold at an average price of $18.85, for a total value of $188,500.00. Following the transaction, the executive vice president directly owned 43,717 shares of the company’s stock, valued at approximately $824,065.45. The trade was a 18.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.20% of the stock is owned by insiders.

Hedge Funds Weigh In On Upbound Group

Institutional investors have recently added to or reduced their stakes in the company. IFP Advisors Inc raised its position in Upbound Group by 299.3% in the 2nd quarter. IFP Advisors Inc now owns 1,214 shares of the company’s stock valued at $26,000 after purchasing an additional 910 shares during the last quarter. Quantbot Technologies LP acquired a new position in Upbound Group during the 2nd quarter worth about $46,000. Signaturefd LLC lifted its position in Upbound Group by 74.5% during the 3rd quarter. Signaturefd LLC now owns 3,050 shares of the company’s stock worth $48,000 after buying an additional 1,302 shares in the last quarter. Allworth Financial LP bought a new stake in Upbound Group during the 2nd quarter worth about $50,000. Finally, PNC Financial Services Group Inc. grew its holdings in Upbound Group by 49.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,685 shares of the company’s stock worth $67,000 after acquiring an additional 1,226 shares during the last quarter. 90.30% of the stock is owned by institutional investors.

Upbound Group News Summary

Here are the key news stories impacting Upbound Group this week:

• Positive Sentiment: Q3 earnings and revenue exceeded expectations: Upbound reported adjusted earnings of $1.01 per share, topping estimates of approximately $0.89–$0.91, while revenue of $1.15 billion surpassed the roughly $1.12 billion consensus. EPS also improved from $1.00 a year earlier. Upbound Group Q3 Earnings Report
• Positive Sentiment: Management highlighted cash flow and margin gains: The earnings call emphasized improved cash generation, margin expansion and opportunities to support future growth. These factors may reinforce investor confidence in the company’s operating performance and financial flexibility. Upbound Group Q3 Earnings Call Highlights
• Positive Sentiment: Director bought shares: Director Jeffrey Brown purchased 2,764 shares for approximately $47,016, increasing his direct ownership by 2.88%. The insider purchase offers a supportive sentiment signal, though it is relatively small compared with the company’s overall market value. Upbound Group Director Share Purchase
• Neutral Sentiment: Analyst sentiment remains mixed: The average price target is about $27.50, but coverage is concentrated around “Hold” ratings, with some firms recently lowering targets or downgrading the shares. This suggests potential upside is recognized, but conviction remains limited.
• Negative Sentiment: Revenue declined year over year: Quarterly revenue fell 1.3% from the prior-year period, indicating that the earnings beat was driven more by profitability and execution than by top-line growth.
• Negative Sentiment: Dividend sustainability warrants attention: Upbound’s quarterly dividend is $0.39, or $1.56 annualized, producing a yield near 7.8%. Its reported payout ratio above 100% could constrain flexibility if earnings or cash flow weaken.

About Upbound Group

Upbound Group, Inc is a provider of consumer leasing and retail solutions, operating primarily through its Rent-A-Center and Acima brands. The company enables customers to obtain merchandise through flexible lease-to-own agreements and related payment options, serving consumers who may prefer alternatives to traditional retail financing.

Its Rent-A-Center business operates company-owned and franchised locations, as well as digital channels, offering furniture, appliances, electronics, computers, smartphones and other household goods.