Upbound Group (UPBD) to Release Earnings on Thursday

Upbound Group (NASDAQ:UPBD - Get Free Report) will likely be announcing its Q1 2025 earnings results before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.94 per share and revenue of $1.13 billion for the quarter. Upbound Group has set its FY 2025 guidance at 3.900-4.400 EPS and its Q1 2025 guidance at 0.900-1.000 EPS.

Upbound Group (NASDAQ:UPBD - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.02. The firm had revenue of $1.08 billion during the quarter, compared to analysts' expectations of $1.06 billion. Upbound Group had a return on equity of 35.47% and a net margin of 2.86%. On average, analysts expect Upbound Group to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Upbound Group Stock Performance

Shares of NASDAQ UPBD traded down $0.17 during trading on Friday, reaching $20.55. 368,636 shares of the company traded hands, compared to its average volume of 497,204. The firm has a 50 day simple moving average of $23.65 and a 200-day simple moving average of $28.20. Upbound Group has a 52-week low of $19.69 and a 52-week high of $38.72. The stock has a market capitalization of $1.19 billion, a PE ratio of 9.30 and a beta of 1.90. The company has a quick ratio of 0.86, a current ratio of 3.66 and a debt-to-equity ratio of 2.08.

Upbound Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Wednesday, April 2nd were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 7.59%. The ex-dividend date of this dividend was Wednesday, April 2nd. Upbound Group's dividend payout ratio (DPR) is presently 70.59%.

Insiders Place Their Bets

In other news, CFO Fahmi Karam purchased 11,500 shares of the business's stock in a transaction on Monday, March 10th. The stock was acquired at an average price of $25.82 per share, for a total transaction of $296,930.00. Following the acquisition, the chief financial officer now directly owns 164,672 shares of the company's stock, valued at $4,251,831.04. This represents a 7.51 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jeffrey J. Brown purchased 1,694 shares of Upbound Group stock in a transaction that occurred on Tuesday, April 22nd. The stock was acquired at an average price of $19.89 per share, for a total transaction of $33,693.66. Following the transaction, the director now directly owns 88,074 shares of the company's stock, valued at $1,751,791.86. The trade was a 1.96 % increase in their position. The disclosure for this purchase can be found here. 2.70% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, Loop Capital reduced their price target on shares of Upbound Group from $33.00 to $30.00 and set a "hold" rating for the company in a research report on Friday, February 21st. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $37.00.

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.