What is DA Davidson's Estimate for UCB FY2026 Earnings?

United Community Banks, Inc. (NASDAQ:UCB - Free Report) - Investment analysts at DA Davidson dropped their FY2026 earnings estimates for United Community Banks in a report released on Wednesday, April 2nd. DA Davidson analyst G. Tenner now expects that the company will post earnings per share of $2.74 for the year, down from their previous forecast of $2.79. The consensus estimate for United Community Banks' current full-year earnings is $2.52 per share.

Several other analysts also recently issued reports 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 target price on the stock in a research note on Thursday, December 19th. Piper Sandler upped their price target on United Community Banks from $32.00 to $35.00 and gave the company a "neutral" rating in a research report on Thursday, January 23rd. Finally, Hovde Group upgraded United Community Banks from a "market perform" rating to an "outperform" rating and decreased their price objective for the stock from $32.00 to $31.00 in a research report on Monday.

United Community Banks Trading Down 0.4 %

Shares of UCB stock traded down $0.09 during trading hours on Thursday, reaching $24.01. 291,317 shares of the stock traded hands, compared to its average volume of 639,057. The business has a fifty day moving average price of $30.56 and a 200 day moving average price of $30.95. United Community Banks has a 1-year low of $23.38 and a 1-year high of $35.38. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $2.87 billion, a PE ratio of 11.68 and a beta of 0.80.

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Institutional Investors Weigh In On United Community Banks

A number of large investors have recently added to or reduced their stakes in UCB. Nomura Asset Management Co. Ltd. bought a new stake in United Community Banks during the 4th quarter valued at approximately $31,000. Versant Capital Management Inc bought a new position in United Community Banks during the first quarter worth $37,000. Public Employees Retirement System of Ohio acquired a new stake in United Community Banks in the 4th quarter worth $42,000. Quadrant Capital Group LLC bought a new position in shares of United Community Banks during the 4th quarter worth about $45,000. Finally, MassMutual Private Wealth & Trust FSB bought a new position in shares of United Community Banks during the 1st quarter worth about $45,000. Institutional investors own 82.29% of the company's stock.

Insider Activity

In other news, Director Sally Pope Davis purchased 1,800 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was acquired at an average price of $28.19 per share, with a total value of $50,742.00. Following the purchase, the director now owns 3,264 shares in the company, valued at $92,012.16. This represents a 122.95 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Richard Bradshaw sold 1,527 shares of the firm's stock in a transaction that occurred 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 transaction, the executive vice president now directly owns 67,876 shares in the company, valued at approximately $2,220,902.72. The trade was a 2.20 % decrease in their position. The disclosure for this sale can be found here. 0.54% of the stock is currently owned by corporate insiders.

United Community Banks Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, March 14th were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date of this dividend was Friday, March 14th. United Community Banks's dividend payout ratio (DPR) is currently 47.06%.

United Community Banks Company Profile

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.