United Community Banks, Inc. (NASDAQ:UCB - Free Report) - Investment analysts at DA Davidson upped their FY2025 EPS estimates for United Community Banks in a research note issued to investors on Thursday, January 23rd. DA Davidson analyst G. Tenner now expects that the company will post earnings per share of $2.79 for the year, up from their previous estimate of $2.37. The consensus estimate for United Community Banks' current full-year earnings is $2.30 per share.
A number of other research analysts have also issued reports on the company. Truist Financial decreased their target price 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. Raymond James upgraded United Community Banks from a "market perform" rating to an "outperform" rating and set a $35.00 price objective for the company in a research note on Thursday, December 19th. Finally, Piper Sandler upped their target price on shares of United Community Banks from $32.00 to $35.00 and gave the stock a "neutral" rating in a research note on Thursday.
Check Out Our Latest Analysis on United Community Banks
United Community Banks Stock Performance
Shares of NASDAQ:UCB traded up $0.53 during trading on Monday, hitting $33.50. The company's stock had a trading volume of 765,709 shares, compared to its average volume of 672,357. United Community Banks has a fifty-two week low of $24.04 and a fifty-two week high of $35.38. The firm's 50 day simple moving average is $32.67. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.78 and a quick ratio of 0.78. The stock has a market cap of $4.00 billion, a P/E ratio of 16.42 and a beta of 0.93.
Insider Transactions at United Community Banks
In related news, EVP Richard Bradshaw sold 1,527 shares of United Community Banks stock in a transaction on Monday, January 27th. The shares were sold at an average price of $32.72, for a total transaction of $49,963.44. Following the sale, the executive vice president now directly owns 67,876 shares in the company, valued at $2,220,902.72. This trade represents a 2.20 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.54% of the company's stock.
United Community Banks Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, January 6th. Shareholders of record on Monday, December 16th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date of this dividend was Monday, December 16th. United Community Banks's dividend payout ratio (DPR) is 47.06%.
About United Community Banks
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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.
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