Upbound Group (NASDAQ:UPBD) Posts Earnings Results, Beats Expectations By $0.02 EPS

Upbound Group (NASDAQ:UPBD) posted its quarterly earnings data on Thursday. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.02, Zacks reports. Upbound Group had a return on equity of 34.15% and a net margin of 1.91%. Upbound Group updated its FY 2025 guidance to 3.900-4.400 EPS and its Q1 2025 guidance to 0.900-1.000 EPS.

Upbound Group Trading Down 7.0 %

Shares of Upbound Group stock traded down $2.05 during trading hours on Thursday, reaching $27.06. The stock had a trading volume of 376,069 shares, compared to its average volume of 412,850. The firm has a 50 day simple moving average of $29.73 and a two-hundred day simple moving average of $30.84. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 18.66 and a beta of 2.05. The company has a current ratio of 3.66, a quick ratio of 0.86 and a debt-to-equity ratio of 2.02. Upbound Group has a 1 year low of $26.50 and a 1 year high of $38.72.

Upbound Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 7th. Shareholders of record on Wednesday, December 18th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 5.77%. This is a positive change from Upbound Group’s previous quarterly dividend of $0.37. The ex-dividend date was Wednesday, December 18th. Upbound Group’s dividend payout ratio (DPR) is presently 107.59%.

Insider Transactions at Upbound Group

In other news, Director Jeffrey J. Brown acquired 1,146 shares of the business’s stock in a transaction dated Tuesday, January 7th. The shares were bought at an average cost of $29.01 per share, for a total transaction of $33,245.46. Following the acquisition, the director now directly owns 86,380 shares in the company, valued at $2,505,883.80. This trade represents a 1.34 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 2.70% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on UPBD. Loop Capital decreased their price objective on Upbound Group from $36.00 to $33.00 and set a “hold” rating on the stock in a research note on Friday, November 1st. TD Cowen raised Upbound Group to a “strong-buy” rating in a research note on Friday, November 29th. Finally, Stephens started coverage on Upbound Group in a research note on Wednesday, November 13th. They set an “overweight” rating and a $38.00 price objective on the stock. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Upbound Group has a consensus rating of “Moderate Buy” and a consensus price target of $39.17.

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.