Upbound Group (NASDAQ:UPBD – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.900-1.000 for the period, compared to the consensus earnings per share estimate of 0.940. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.1 billion. Upbound Group also updated its FY 2025 guidance to 3.900-4.400 EPS.
Analysts Set New Price Targets
UPBD has been the topic of a number of recent research reports. Stephens began coverage on Upbound Group in a research report on Wednesday, November 13th. They set an “overweight” rating and a $38.00 price target on the stock. TD Cowen upgraded Upbound Group to a “strong-buy” rating in a research report on Friday, November 29th. Finally, Loop Capital reduced their target price on Upbound Group from $36.00 to $33.00 and set a “hold” rating for the company in a research report on Friday, November 1st. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Upbound Group presently has an average rating of “Moderate Buy” and a consensus price target of $39.17.
Check Out Our Latest Report on Upbound Group
Upbound Group Price Performance
Upbound Group Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 7th. Shareholders of record on Wednesday, December 18th were issued a $0.39 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $1.56 annualized dividend and a yield of 5.36%. This is a boost from Upbound Group’s previous quarterly dividend of $0.37. Upbound Group’s dividend payout ratio (DPR) is 107.59%.
Insider Activity at Upbound Group
In other Upbound Group news, Director Jeffrey J. Brown bought 1,146 shares of Upbound Group stock in a transaction dated Tuesday, January 7th. The shares were purchased at an average cost of $29.01 per share, with a total value of $33,245.46. Following the transaction, the director now directly owns 86,380 shares of the company’s stock, valued at $2,505,883.80. This represents a 1.34 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 2.70% of the stock is owned by corporate insiders.
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.
Recommended Stories
- Five stocks we like better than Upbound Group
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- SoundHound AI Stock at a Crossroads—Is a Bottom in Sight?
- How to trade using analyst ratings
- Hershey’s Sweet Comeback: Why Investors Are Taking Notice
- Manufacturing Stocks Investing
- 3 Reasons Occidental Petroleum Will Gush Higher in 2025
Receive News & Ratings for Upbound Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Upbound Group and related companies with MarketBeat.com's FREE daily email newsletter.