Upbound Group, Inc. (NASDAQ:UPBD) Receives $31.00 Average Price Target from Brokerages

Upbound Group, Inc. (NASDAQ:UPBD) has been assigned a consensus recommendation of “Hold” from the five analysts that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $30.6667.

A number of equities analysts have recently commented on the stock. TD Cowen reduced their target price on shares of Upbound Group from $29.00 to $28.00 and set a “buy” rating on the stock in a research report on Friday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Upbound Group in a report on Wednesday, June 24th. BTIG Research cut Upbound Group from a “buy” rating to a “neutral” rating and set a $28.00 price objective on the stock. in a research note on Friday. Wall Street Zen downgraded Upbound Group from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Zacks Research lowered Upbound Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th.

Key Stories Impacting Upbound Group

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

• Positive Sentiment: Upbound reported second-quarter adjusted earnings of $1.07 per share and revenue of approximately $1.16 billion, both in line with analyst expectations. Revenue increased slightly year over year, while management highlighted growth at Brigit, digital expansion and disciplined portfolio management. Q2 Earnings Call Highlights
• Positive Sentiment: The company raised its 2026 free-cash-flow outlook to $250 million, supporting the investment case by indicating stronger cash generation and continued cost and portfolio discipline. Revenue and Free Cash Flow Outlook
• Positive Sentiment: TD Cowen maintained a Buy rating and lowered its price target modestly to $28 from $29, implying substantial potential upside from recent trading levels. TD Cowen Price Target
• Neutral Sentiment: Management reaffirmed a 2026 earnings range of $4.00 to $4.35 per share and revenue guidance of $4.7 billion to $4.9 billion, broadly consistent with expectations on earnings but reflecting a more measured sales outlook.
• Negative Sentiment: Third-quarter EPS guidance of $0.85 to $0.95 fell below the roughly $1.00 analyst consensus, and the full-year revenue range was narrowed to $4.7 billion-$4.85 billion. The revisions signal softer consumer demand and are likely the primary reason the stock has decreased. Q2 Earnings and Guidance
• Negative Sentiment: Upbound disclosed approximately $13 million in losses related to fraud at Acima, creating an additional near-term earnings and execution concern even as cash-flow guidance improved.

Upbound Group Trading Down 3.6%

UPBD stock opened at $19.39 on Friday. The company has a market capitalization of $1.13 billion, a PE ratio of 12.59 and a beta of 1.79. Upbound Group has a 12 month low of $15.82 and a 12 month high of $28.02. The firm’s 50-day moving average is $19.81 and its 200 day moving average is $19.40. The company has a debt-to-equity ratio of 1.94, a current ratio of 3.06 and a quick ratio of 0.88.

Upbound Group (NASDAQ:UPBD) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.02. The company had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Upbound Group had a net margin of 1.90% and a return on equity of 34.53%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same period in the previous year, the company earned $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. On average, research analysts anticipate that Upbound Group will post 4.15 EPS for the current year.

Upbound Group Dividend Announcement

The company also recently declared 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. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 8.0%. Upbound Group’s dividend payout ratio is presently 101.30%.

Insider Activity at Upbound Group

In other news, Director Jeffrey J. Brown acquired 2,295 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The stock was purchased at an average cost of $20.09 per share, for a total transaction of $46,106.55. Following the completion of the acquisition, the director directly owned 96,681 shares of the company’s stock, valued at $1,942,321.29. The trade was a 2.43% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.20% of the company’s stock.

Institutional Trading of Upbound Group

A number of hedge funds have recently added to or reduced their stakes in UPBD. JPMorgan Chase & Co. increased its position in Upbound Group by 259.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 267,062 shares of the company’s stock valued at $6,311,000 after purchasing an additional 192,674 shares during the period. Range Financial Group LLC purchased a new stake in shares of Upbound Group in the 4th quarter worth approximately $1,332,000. Western Standard LLC bought a new position in shares of Upbound Group during the fourth quarter valued at approximately $1,756,000. Principal Financial Group Inc. increased its holdings in Upbound Group by 22.2% during the first quarter. Principal Financial Group Inc. now owns 303,918 shares of the company’s stock valued at $5,486,000 after buying an additional 55,199 shares during the period. Finally, Vanguard Group Inc. raised its stake in Upbound Group by 3.4% in the fourth quarter. Vanguard Group Inc. now owns 7,132,443 shares of the company’s stock worth $125,246,000 after buying an additional 231,293 shares in the last quarter. 90.30% of the stock is owned by hedge funds and other institutional investors.

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.