1 week Ago By ABMN Staff
United Community Banks, Inc. ( NASDAQ:UCB – Free Report ) – Stock analysts at DA Davidson cut their FY2025 earnings per share (EPS) estimates for shares of United Community Banks in a research report issued to clients and investors on Thursday, December 19th. DA Davidson analyst G.
Tenner now forecasts that the company will post earnings per share of $2.37 for the year, down from their prior estimate of $2.40.
The consensus estimate for United Community Banks’ current full-year earnings is $2.23 per share. A number of other analysts also recently weighed in on the stock.
Raymond James raised shares of United Community Banks from a “market perform” rating to an “outperform” rating and set a $35.00 price target for the company in a report on Thursday, December 19th. Piper Sandler decreased their target price on United Community Banks from $29.
00 to $28.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Finally, Truist Financial cut their price target on United Community Banks from $32.
00 to $30.00 and set a “hold” rating for the company in a report on Friday, October 25th. United Community Banks Stock Performance UCB opened at $31.
79 on Monday. United Community Banks has a twelve month low of $24.04 and a twelve month high of $35.
38. The company has a current ratio of 0.78, a quick ratio of 0.
78 and a debt-to-equity ratio of 0.10. The stock has a 50 day moving average of $31.
64. The firm has a market cap of $3.79 billion, a price-to-earnings ratio of 20.
64 and a beta of 0.92. United Community Banks ( NASDAQ:UCB – Get Free Report ) last posted its earnings results on Wednesday, October 23rd.
The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.
01). United Community Banks had a return on equity of 8.36% and a net margin of 13.
04%. The business had revenue of $384.39 million during the quarter, compared to the consensus estimate of $237.
90 million. During the same period in the prior year, the firm earned $0.45 earnings per share.
United Community Banks Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Monday, January 6th. Investors of record on Monday, December 16th will be given a dividend of $0.24 per share.
This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.02%.
The ex-dividend date of this dividend is Monday, December 16th. United Community Banks’s dividend payout ratio (DPR) is currently 62.34%.
Insider Activity at United Community Banks In other United Community Banks news, CFO Jefferson L. Harralson sold 10,275 shares of the business’s stock in a transaction on Monday, October 28th. The stock was sold at an average price of $27.
76, for a total value of $285,234.00. Following the transaction, the chief financial officer now owns 43,991 shares of the company’s stock, valued at approximately $1,221,190.
16. The trade was a 18.93 % decrease in their ownership of the stock.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink . 0.54% of the stock is currently owned by insiders.
United Community Banks Company Profile ( Get Free Report ) United Community Banks, Inc operates as the financial holding company for United Community Bank that provides financial products and services to commercial, retail, government, education, energy, health care, and real estate sectors. It accepts various deposit products, including checking, savings, money market, and other deposit accounts. Recommended Stories Receive News & Ratings for United Community Banks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Community Banks and related companies with MarketBeat.
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