Research Analysts Offer Predictions for UBSI FY2025 Earnings

United Bankshares, Inc. (NASDAQ:UBSI - Free Report) - Research analysts at DA Davidson reduced their FY2025 earnings estimates for United Bankshares in a report issued on Thursday, December 19th. DA Davidson analyst M. Navas now expects that the financial services provider will post earnings of $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.

Separately, StockNews.com upgraded United Bankshares from a "sell" rating to a "hold" rating in a report on Wednesday, November 13th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $40.25.

United Bankshares Trading Down 0.2 %

UBSI stock traded down $0.06 during trading on Monday, hitting $37.94. The company had a trading volume of 496,109 shares, compared to its average volume of 528,953. The firm has a market capitalization of $5.13 billion, a P/E ratio of 14.37 and a beta of 1.01. The company has a 50 day simple moving average of $40.19 and a 200-day simple moving average of $37.17. United Bankshares has a 52-week low of $30.68 and a 52-week high of $44.43. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 0.11.

United Bankshares (NASDAQ:UBSI - Get Free Report) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.03. The business had revenue of $414.67 million during the quarter, compared to the consensus estimate of $260.30 million. United Bankshares had a net margin of 22.05% and a return on equity of 7.58%. During the same quarter last year, the firm earned $0.71 earnings per share.

Institutional Trading of United Bankshares

Several large investors have recently added to or reduced their stakes in the company. Tidal Investments LLC boosted its holdings in shares of United Bankshares by 8.9% in the 3rd quarter. Tidal Investments LLC now owns 10,970 shares of the financial services provider's stock valued at $407,000 after acquiring an additional 893 shares during the last quarter. Geode Capital Management LLC boosted its holdings in United Bankshares by 1.7% in the third quarter. Geode Capital Management LLC now owns 3,306,542 shares of the financial services provider's stock valued at $122,695,000 after purchasing an additional 53,994 shares during the last quarter. Barclays PLC boosted its holdings in United Bankshares by 89.5% in the third quarter. Barclays PLC now owns 269,852 shares of the financial services provider's stock valued at $10,012,000 after purchasing an additional 127,486 shares during the last quarter. Zacks Investment Management acquired a new stake in United Bankshares during the 3rd quarter worth about $409,000. Finally, Jane Street Group LLC raised its stake in shares of United Bankshares by 27.2% during 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 buying an additional 34,526 shares during the last quarter. Hedge funds and other institutional investors own 70.80% of the company's stock.

Insider Transactions at United Bankshares

In other United Bankshares news, Director Mark R. Nesselroad sold 6,000 shares of the firm's stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $39.16, for a total value of $234,960.00. Following the completion of the transaction, the director now owns 35,424 shares of the company's stock, valued at approximately $1,387,203.84. This trade represents a 14.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Peter A. Converse sold 5,000 shares of the business's stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $40.00, for a total transaction of $200,000.00. Following the sale, the director now directly owns 434,769 shares in the company, valued at $17,390,760. This trade represents a 1.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,500 shares of company stock valued at $542,110. Corporate insiders own 3.66% of the company's stock.

United Bankshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th will be paid a $0.37 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.48 annualized dividend and a yield of 3.90%. United Bankshares's dividend payout ratio (DPR) is 56.06%.

About United Bankshares

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.