Q1 Earnings Estimate for UBSI Issued By DA Davidson

United Bankshares, Inc. (NASDAQ:UBSI - Free Report) - Analysts at DA Davidson issued their Q1 2025 EPS estimates for United Bankshares in a research report issued on Tuesday, February 4th. DA Davidson analyst M. Navas anticipates that the financial services provider will post earnings of $0.63 per share for the quarter. The consensus estimate for United Bankshares' current full-year earnings is $2.81 per share.

A number of other research firms have also weighed in on UBSI. StockNews.com lowered United Bankshares from a "hold" rating to a "sell" rating in a report on Monday, January 27th. Stephens restated an "equal weight" rating and set a $43.00 target price on shares of United Bankshares in a research note on Monday, January 27th. Finally, Keefe, Bruyette & Woods lowered their price target 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.

United Bankshares Stock Performance

NASDAQ UBSI traded down $0.67 on Wednesday, hitting $38.60. 416,315 shares of the stock were exchanged, compared to its average volume of 584,246. The company has a market capitalization of $5.22 billion, a PE ratio of 14.09 and a beta of 1.02. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.98 and a quick ratio of 0.98. The business's fifty day moving average is $38.74 and its 200 day moving average is $38.35. United Bankshares has a 52 week low of $30.68 and a 52 week high of $44.43.

United Bankshares (NASDAQ:UBSI - Get Free Report) last announced its earnings results on Friday, January 24th. The financial services provider reported $0.69 EPS for the quarter, topping 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 quarter in the previous year, the business earned $0.59 earnings per share.

Hedge Funds Weigh In On United Bankshares

Several large investors have recently modified their holdings of the business. Victory Capital Management Inc. increased its position in shares of United Bankshares by 0.4% during the third quarter. Victory Capital Management Inc. now owns 3,997,311 shares of the financial services provider's stock worth $148,300,000 after buying an additional 14,833 shares during the period. Geode Capital Management LLC grew its stake 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 acquiring an additional 53,994 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of United Bankshares by 2.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,710,588 shares of the financial services provider's stock worth $64,233,000 after purchasing an additional 37,532 shares during the period. Vaughan Nelson Investment Management L.P. grew its position in United Bankshares by 3.5% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 1,612,170 shares of the financial services provider's stock valued at $60,538,000 after purchasing an additional 54,089 shares during the period. Finally, Fisher Asset Management LLC raised its holdings in United Bankshares by 1.4% during the third quarter. Fisher Asset Management LLC now owns 1,221,493 shares of the financial services provider's stock worth $45,317,000 after buying an additional 16,782 shares during the last quarter. Institutional investors own 70.80% of the company's stock.

Insider Activity at United Bankshares

In other news, Director Mark R. Nesselroad sold 6,000 shares of the business's stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $39.16, for a total transaction 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. The trade was a 14.48 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director J Paul Mcnamara sold 2,500 shares of United Bankshares stock in a transaction that occurred on 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 in the company, valued at $2,717,709.74. This trade represents a 3.79 % 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.

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.