at rent-a-center, we're passionate about what we do and who we serve. we all work hard to create the best possible life for ourselves and our families – to enjoy the american dream – and we empower our customers with the ability to enjoy that same dream. we put the buying power in our customers’ hands through flexible payment options so they can enjoy big-ticket items the way they want, when they want. our coworkers embody our family values and play an individual role in making our customers’ dreams come true. with the opportunity to make a difference from day one, our coworkers enjoy rewarding careers and the ability to advance quickly. our commitment to a better life for our customers and coworkers has kept us at the top of the rent-to-own industry, and we're looking for people who share our passion. today, rent-a-center employs about 17,000 people nationwide who serve more than one million customers. rent-a-center owns and operates 2400 stores in 50 states, washington, d.c., canada,
Company profile
Ticker
UPBD
Exchange
Website
CEO
Mitchell Fadel
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
RENT A CENTER INC DE, RENTERS CHOICE INC
SEC CIK
Corporate docs
Subsidiaries
Acima Credit Solutions HoldCo, LLC • Acima Credit Solutions, LLC • Acima Digital, LLC • Acima Holdings, LLC • Acima Leasing Canada, Ltd, a Canada limited company • Braveheart Acquisition, LLC • Get It Now, LLC • Legacy Insurance Co., Ltd. • RAC Acceptance East, LLC • RAC Mexico Holdings ...
IRS number
450491516
UPBD stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
27 Feb 24
10-K
2023 FY
Annual report
27 Feb 24
8-K/A
Upbound Group, Inc. Reports Fourth Quarter and Full Year 2023 Results
23 Feb 24
8-K
Upbound Group, Inc. Reports Fourth Quarter and Full Year 2023 Results
22 Feb 24
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Results of Operations and Financial Condition
2 Nov 23
10-Q
2023 Q2
Quarterly report
3 Aug 23
8-K
Results of Operations and Financial Condition
3 Aug 23
S-8
Registration of securities for employees
7 Jun 23
8-K
Departure of Directors or Certain Officers
6 Jun 23
Transcripts
UPBD
Earnings call transcript
2023 Q4
22 Feb 24
UPBD
Earnings call transcript
2023 Q3
2 Nov 23
UPBD
Earnings call transcript
2023 Q2
3 Aug 23
UPBD
Earnings call transcript
2023 Q1
4 May 23
UPBD
Earnings call transcript
2023 Q1
4 May 23
UPBD
Earnings call transcript
2022 Q4
23 Feb 23
UPBD
Earnings call transcript
2022 Q4
23 Feb 23
UPBD
Earnings call transcript
2022 Q3
3 Nov 22
UPBD
Earnings call transcript
2022 Q3
3 Nov 22
UPBD
Earnings call transcript
2022 Q2
4 Aug 22
Latest ownership filings
4
Anthony J Blasquez
18 Mar 24
144
Notice of proposed sale of securities
14 Mar 24
4
Ralph T. Montrone
1 Mar 24
144
Notice of proposed sale of securities
28 Feb 24
4
Sudeep Gautam
27 Feb 24
4
Fahmi Karam
27 Feb 24
4
Bryan J Pechersky
27 Feb 24
4
Anthony J Blasquez
27 Feb 24
4
Ann L Davids
27 Feb 24
4
Ralph T. Montrone
27 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 105.73 mm | 105.73 mm | 105.73 mm | 105.73 mm | 105.73 mm | 105.73 mm |
Cash burn (monthly) | (no burn) | 4.99 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 29.68 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 76.04 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 15.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
82.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 214 |
Opened positions | 27 |
Closed positions | 28 |
Increased positions | 70 |
Reduced positions | 84 |
13F shares | Current |
---|---|
Total value | 1.28 tn |
Total shares | 45.33 mm |
Total puts | 27.90 k |
Total calls | 76.10 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 7.82 mm | $230.20 bn |
FMR | 6.20 mm | $182.47 bn |
Vanguard | 5.80 mm | $170.88 bn |
Engaged Capital | 3.67 mm | $108.00 bn |
Dimensional Fund Advisors | 2.09 mm | $61.42 bn |
STT State Street | 2.02 mm | $59.55 bn |
Ieq Capital | 1.43 mm | $42.18 bn |
LSV Asset Management | 1.08 mm | $31.89 mm |
Geode Capital Management | 1.08 mm | $31.86 bn |
BAC Bank Of America | 1.01 mm | $29.85 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Mar 24 | Anthony J Blasquez | COMMON STOCK | Sell | Dispose S | No | No | 33.18 | 12,485 | 414.25 k | 58,967 |
14 Mar 24 | Anthony J Blasquez | COMMON STOCK | Option exercise | Acquire M | No | No | 26.62 | 7,500 | 199.65 k | 71,452 |
14 Mar 24 | Anthony J Blasquez | COMMON STOCK | Option exercise | Acquire M | No | No | 24.77 | 4,985 | 123.48 k | 63,952 |
14 Mar 24 | Anthony J Blasquez | Employee Stock Option (Right to Purchase) COMMON STOCK | Option exercise | Dispose M | No | No | 26.62 | 7,500 | 199.65 k | 2,500 |
14 Mar 24 | Anthony J Blasquez | Employee Stock Option (Right to Purchase) COMMON STOCK | Option exercise | Dispose M | No | No | 24.77 | 4,985 | 123.48 k | 0 |
28 Feb 24 | Tyler Montrone | COMMON STOCK | Sell | Dispose S | No | No | 33.48 | 30,000 | 1.00 mm | 55,074 |
26 Feb 24 | Sudeep Gautam | COMMON STOCK | Grant | Acquire A | No | No | 0 | 3,771 | 0.00 | 8,303 |
26 Feb 24 | Fahmi Karam | COMMON STOCK | Grant | Acquire A | No | No | 0 | 9,231 | 0.00 | 123,643 |
26 Feb 24 | Pechersky Bryan J | COMMON STOCK | Payment of exercise | Dispose F | No | No | 33.8 | 214 | 7.23 k | 12,078 |
26 Feb 24 | Pechersky Bryan J | COMMON STOCK | Grant | Acquire A | No | No | 0 | 3,499 | 0.00 | 13,173 |
News
TD Cowen Initiates Coverage On Upbound Group with Outperform Rating, Announces Price Target of $43
8 Mar 24
Keybanc Maintains Overweight on Upbound Group, Raises Price Target to $41
23 Feb 24
Upbound Group Q4 Adj. EPS $0.81 Beats $0.77 Estimate, Sales $1.02B Beat $994.07M Estimate
22 Feb 24
Earnings Scheduled For February 22, 2024
22 Feb 24
Upbound Group's Earnings: A Preview
21 Feb 24
Press releases
Upbound Group, Inc. Declares Quarterly Cash Dividend of $0.37 for the Second Quarter of 2024
22 Mar 24
Rent-A-Center Announces National Rent-to-Own Program Launch, RAC Exchange™
12 Mar 24
Upbound Supports Disaster Relief with $150,000 in Donations to American Red Cross
6 Feb 24
Upbound Group, Inc. Announces Timing of Fourth Quarter and Full Year 2023 Financial Results
29 Jan 24