Upbound Group (UPBD) Stock Price, News & Analysis

Company Overview

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. It also provides merchandise on an installment sales basis; and the lease-to-own transaction to consumers who do not qualify for traditional financing, the lease to-own transaction through staffed or unstaffed kiosks located in third-party retailer's locations, and other virtual options. It operates retail installment sales stores under the Get It Now and Home Choice names; lease-to-own and franchised lease-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names; and company-owned stores and e-commerce platform through rentacenter.com. The company was formerly known as Rent-A-Center, Inc. and changed its name to Upbound Group, Inc. in February 2023. Upbound Group, Inc. was founded in 1960 and is based in Plano, Texas.

Key Stats

• Today's Range: $33.05 to $34.03
• 50-Day Range: $26.73 to $34.09
• 52-Week Range: $26.50 to $38.72
• Volume: 359,835 shs
• Average Volume: 438,522 shs
• Market Capitalization: $1.85 billion
• P/E Ratio: 23.31
• Dividend Yield: 4.38%
• Price Target: $39.17
• Consensus Rating: Moderate Buy

Upbound Group Stock Analysis - MarketRank™

Upbound Group scored higher than 78% of companies evaluated by MarketBeat, and ranked 286th out of 920 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Upbound Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Upbound Group has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 17.41%

Earnings Growth

Earnings for Upbound Group are expected to grow by 17.41% in the coming year, from $3.79 to $4.45 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Upbound Group is 23.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.96.

Price to Earnings Ratio vs. Sector

The P/E ratio of Upbound Group is 23.31, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 40.74.

Price to Book Value per Share Ratio

Upbound Group has a P/B Ratio of 3.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.91% of the float of Upbound Group has been sold short.

Short Interest Ratio / Days to Cover

Upbound Group has a short interest ratio ("days to cover") of 4.2.

Change versus previous month

Short interest in Upbound Group has recently increased by 0.42%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Upbound Group is a leading dividend payer. It pays a dividend yield of 4.49%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Upbound Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Upbound Group is 102.07%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Upbound Group will have a dividend payout ratio of 33.26% next year. This indicates that Upbound Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.91% of the float of Upbound Group has been sold short.

Short Interest Ratio / Days to Cover

Upbound Group has a short interest ratio ("days to cover") of 4.2.

Change versus previous month

Short interest in Upbound Group has recently increased by 0.42%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.36

News Sentiment

Upbound Group has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.82 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Upbound Group this week, compared to 3 articles on an average week.

Search Interest

3 people have searched for UPBD on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Upbound Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Upbound Group insiders have sold 1,551.05% more of their company's stock than they have bought. Specifically, they have bought $31,151.00 in company stock and sold $514,318.00 in company stock.

Percentage Held by Insiders

Only 2.70% of the stock of Upbound Group is held by insiders.

Percentage Held by Institutions

90.30% of the stock of Upbound Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

UPBD Stock Analysis - Frequently Asked Questions

How have UPBD shares performed this year?

Upbound Group's stock was trading at $33.97 at the beginning of 2024. Since then, UPBD shares have decreased by 0.5% and is now trading at $33.80.
View the best growth stocks for 2024 here.

How were Upbound Group's earnings last quarter?

Upbound Group, Inc. (NASDAQ:UPBD) announced its earnings results on Thursday, October, 31st. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.06. Upbound Group's quarterly revenue was up 9.2% on a year-over-year basis.

Who are Upbound Group's major shareholders?

Top institutional shareholders of Upbound Group include FMR LLC (7.90%), State Street Corp (3.71%), Geode Capital Management LLC (2.23%) and Charles Schwab Investment Management Inc. (1.67%). Insiders that own company stock include Tyler Montrone, Ralph T Montrone and Transient C Taylor.
View institutional ownership trends.

How do I buy shares of Upbound Group?

Shares of UPBD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Upbound Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Upbound Group investors own include American Water Works (AWK), Waste Connections (WCN), AUO (AUOTY), DiamondRock Hospitality (DRH), The RMR Group (RMR), Triple Flag Precious Metals (TFPM) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Ex-Dividend for 10/22 Dividend: 10/01/2024
• Dividend Payable: 10/22/2024
• Last Earnings: 10/31/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Equipment rental & leasing, not elsewhere classified
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:UPBD
• CUSIP: N/A
• CIK: 933036
• Web: www.rentacenter.com
• Phone: (972) 801-1100
• Fax: 972-943-0113
• Employees: 12,970
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $39.17
• High Stock Price Target: $45.00
• Low Stock Price Target: $33.00
• Potential Upside/Downside: +15.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.45
• Trailing P/E Ratio: 23.31
• Forward P/E Ratio: 8.92
• P/E Growth: N/A
• Net Income: $-5,180,000.00
• Net Margins: 1.91%
• Pretax Margin: 3.54%
• Return on Equity: 34.15%
• Return on Assets: 7.60%

Debt

• Debt-to-Equity Ratio: 2.02
• Current Ratio: 3.66
• Quick Ratio: 0.86

Sales & Book Value

• Annual Sales: $3.99 billion
• Price / Sales: 0.46
• Cash Flow: $28.40 per share
• Price / Cash Flow: 1.19
• Book Value: $11.19 per share
• Price / Book: 3.02

Miscellaneous

• Outstanding Shares: 54,700,000
• Free Float: 53,223,000
• Market Cap: $1.85 billion
• Optionable: Optionable
• Beta: 2.01