1 week Ago By ABMN Staff
United Bankshares, Inc. ( NASDAQ:UBSI – Free Report ) – Equities researchers at DA Davidson cut their FY2025 earnings per share (EPS) estimates for United Bankshares in a research note issued to investors on Thursday, December 19th. DA Davidson analyst M.
Navas now forecasts that the financial services provider will earn $2.86 per share for the year, down from their previous forecast of $2.88.
The consensus estimate for United Bankshares’ current full-year earnings is $2.73 per share. United Bankshares ( NASDAQ:UBSI – Get Free Report ) last posted its quarterly earnings results on Thursday, October 24th.
The financial services provider reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.
03. The firm had revenue of $414.67 million for the quarter, compared to analysts’ expectations of $260.
30 million. United Bankshares had a return on equity of 7.58% and a net margin of 22.
05%. During the same period in the prior year, the business earned $0.71 EPS.
Read Our Latest Stock Analysis on United Bankshares United Bankshares Trading Down 0.2 % NASDAQ:UBSI opened at $37.94 on Monday.
United Bankshares has a 12 month low of $30.68 and a 12 month high of $44.43.
The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.
11. The stock has a market capitalization of $5.13 billion, a price-to-earnings ratio of 14.
37 and a beta of 1.01. The firm has a fifty day simple moving average of $40.
20 and a two-hundred day simple moving average of $37.21. United Bankshares Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd.
Stockholders of record on Friday, December 13th will be given a dividend of $0.37 per share. This represents a $1.
48 dividend on an annualized basis and a dividend yield of 3.90%. The ex-dividend date is Friday, December 13th.
United Bankshares’s dividend payout ratio is currently 56.06%. Insider Transactions at United Bankshares In other United Bankshares news, Director Mark R.
Nesselroad sold 6,000 shares of the company’s stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $39.16, for a total transaction of $234,960.
00. Following the sale, the director now directly owns 35,424 shares of the company’s stock, valued at $1,387,203.84.
This represents a 14.48 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link .
Also, Director J Paul Mcnamara sold 2,500 shares of United Bankshares stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $42.86, for a total transaction of $107,150.
00. Following the completion of the transaction, the director now owns 63,409 shares of the company’s stock, valued at $2,717,709.74.
The trade was a 3.79 % decrease in their position. The disclosure for this sale can be found here .
Insiders sold a total of 13,500 shares of company stock worth $542,110 in the last quarter. Insiders own 3.66% of the company’s stock.
Institutional Inflows and Outflows Institutional investors and hedge funds have recently bought and sold shares of the business. Tidal Investments LLC increased its position in shares of United Bankshares by 8.9% during the third quarter.
Tidal Investments LLC now owns 10,970 shares of the financial services provider’s stock valued at $407,000 after buying an additional 893 shares during the period. Geode Capital Management LLC increased its holdings in United Bankshares by 1.7% during the 3rd quarter.
Geode Capital Management LLC now owns 3,306,542 shares of the financial services provider’s stock worth $122,695,000 after acquiring an additional 53,994 shares during the period. Barclays PLC lifted its stake in United Bankshares by 89.5% in the 3rd quarter.
Barclays PLC now owns 269,852 shares of the financial services provider’s stock worth $10,012,000 after purchasing an additional 127,486 shares in the last quarter. Zacks Investment Management bought a new position in United Bankshares in the 3rd quarter valued at $409,000. Finally, Jane Street Group LLC boosted its holdings in United Bankshares by 27.
2% in the 3rd quarter. Jane Street Group LLC now owns 161,489 shares of the financial services provider’s stock valued at $5,991,000 after purchasing an additional 34,526 shares during the period. 70.
80% of the stock is owned by institutional investors. United Bankshares Company Profile ( Get Free Report ) United Bankshares, Inc, through its subsidiaries, primarily provides commercial and retail banking products and services in the United States. It operates through two segments, Community Banking and Mortgage Banking.
The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, and NOW accounts. Recommended Stories Receive News & Ratings for United Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Bankshares and related companies with MarketBeat.com's FREE daily email newsletter .
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