FY2025 EPS Forecast for United Bankshares Boosted by Analyst

United Bankshares, Inc. (NASDAQ:UBSI - Free Report) - Research analysts at DA Davidson increased their FY2025 earnings per share estimates for shares of United Bankshares in a report issued on Tuesday, February 4th. DA Davidson analyst M. Navas now forecasts that the financial services provider will earn $2.90 per share for the year, up from their prior forecast of $2.86. The consensus estimate for United Bankshares' current full-year earnings is $2.81 per share.

United Bankshares (NASDAQ:UBSI - Get Free Report) last issued its earnings results on Friday, January 24th. The financial services provider reported $0.69 EPS for the quarter, beating the consensus estimate of $0.68 by $0.01. United Bankshares had a net margin of 22.94% and a return on equity of 7.60%. During the same period in the prior year, the firm earned $0.59 earnings per share.

UBSI has been the subject of several other reports. StockNews.com downgraded United Bankshares from a "hold" rating to a "sell" rating in a report on Monday, January 27th. Keefe, Bruyette & Woods dropped their target price on shares of United Bankshares from $46.00 to $45.00 and set a "market perform" rating on the stock in a report on Monday, January 27th. Finally, Stephens reaffirmed an "equal weight" rating and issued a $43.00 price target on shares of United Bankshares in a research note on Monday, January 27th.

United Bankshares Trading Down 0.8 %

United Bankshares stock traded down $0.30 during mid-day trading on Thursday, hitting $38.30. 224,760 shares of the company's stock were exchanged, compared to its average volume of 572,877. The company's 50 day simple moving average is $38.74 and its 200-day simple moving average is $38.37. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $5.18 billion, a P/E ratio of 13.98 and a beta of 1.02. United Bankshares has a fifty-two week low of $30.68 and a fifty-two week high of $44.43.

Insider Transactions at United Bankshares

In other United Bankshares news, Director J Paul Mcnamara sold 2,500 shares of the business's stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $42.86, for a total transaction of $107,150.00. Following the sale, the director now directly 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 sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Mark R. Nesselroad sold 6,000 shares of the stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $39.16, for a total transaction of $234,960.00. Following the transaction, the director now owns 35,424 shares of the company's stock, valued at approximately $1,387,203.84. This represents a 14.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.66% of the stock is owned by insiders.

Institutional Trading of United Bankshares

Institutional investors and hedge funds have recently bought and sold shares of the stock. SBI Securities Co. Ltd. acquired a new stake in United Bankshares in the 4th quarter valued at about $26,000. UMB Bank n.a. lifted its position in shares of United Bankshares by 237.6% in the third quarter. UMB Bank n.a. now owns 844 shares of the financial services provider's stock valued at $31,000 after buying an additional 594 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in shares of United Bankshares by 55.8% during the 4th quarter. Jones Financial Companies Lllp now owns 866 shares of the financial services provider's stock worth $33,000 after acquiring an additional 310 shares during the period. Wilmington Savings Fund Society FSB increased its holdings in shares of United Bankshares by 1,921.1% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,435 shares of the financial services provider's stock worth $54,000 after acquiring an additional 1,364 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in United Bankshares by 34.6% in the 3rd quarter. GAMMA Investing LLC now owns 2,079 shares of the financial services provider's stock valued at $77,000 after acquiring an additional 534 shares during the period. Institutional investors own 70.80% of the company's stock.

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.