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NASDAQ:UNTY

Unity Bancorp (UNTY) Stock Price, News & Analysis

Unity Bancorp logo
$40.97 -1.84 (-4.30%)
Closing price 03/10/2025 04:00 PM Eastern
Extended Trading
$42.58 +1.61 (+3.92%)
As of 07:00 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Unity Bancorp Stock (NASDAQ:UNTY)

Key Stats

Today's Range
$40.56
$42.21
50-Day Range
$39.98
$50.85
52-Week Range
$25.60
$51.22
Volume
36,764 shs
Average Volume
25,232 shs
Market Capitalization
$409.13 million
P/E Ratio
10.09
Dividend Yield
1.37%
Price Target
$54.50
Consensus Rating
Buy

Company Overview

Unity Bancorp, Inc. operates as a bank holding company for Unity Bank that provides range of commercial and retail banking services to individuals, small and medium sized businesses, and professional communities. It offers personal and business checking accounts, time deposits, money market accounts, savings accounts, and retirement accounts, as well as noninterest and interest-bearing demand deposits. The company also provides small business administration loans; commercial loans; and residential mortgage and consumer loans, including residential real estate, home equity lines and loans, and residential construction lines, as well as personal loans. In addition, it offers credit and debit cards, wire transfer, safe deposit box, automated teller, and internet and mobile banking services; and automated clearing house origination and remote deposit capture services. Unity Bancorp, Inc. was incorporated in 1991 and is headquartered in Clinton, New Jersey.

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Unity Bancorp Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
89th Percentile Overall Score

UNTY MarketRank™: 

Unity Bancorp scored higher than 89% of companies evaluated by MarketBeat, and ranked 170th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Unity Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Unity Bancorp has only been the subject of 2 research reports in the past 90 days.

  • Read more about Unity Bancorp's stock forecast and price target.
  • Earnings Growth

    Earnings for Unity Bancorp are expected to grow by 12.63% in the coming year, from $4.83 to $5.44 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Unity Bancorp is 10.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.49.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Unity Bancorp is 10.09, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 23.99.

  • Price to Book Value per Share Ratio

    Unity Bancorp has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Unity Bancorp's valuation and earnings.
  • Percentage of Shares Shorted

    0.97% of the float of Unity Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    Unity Bancorp has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Unity Bancorp has recently increased by 1.62%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Unity Bancorp pays a meaningful dividend of 1.21%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Unity Bancorp has been increasing its dividend for 12 years.

  • Dividend Coverage

    The dividend payout ratio of Unity Bancorp is 13.79%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Unity Bancorp will have a dividend payout ratio of 10.29% next year. This indicates that Unity Bancorp will be able to sustain or increase its dividend.

  • Read more about Unity Bancorp's dividend.
  • Percentage of Shares Shorted

    0.97% of the float of Unity Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    Unity Bancorp has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Unity Bancorp has recently increased by 1.62%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Unity Bancorp has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Unity Bancorp this week, compared to 2 articles on an average week.
  • MarketBeat Follows

    Only 3 people have added Unity Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Unity Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $575,602.00 in company stock.

  • Percentage Held by Insiders

    28.88% of the stock of Unity Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    42.31% of the stock of Unity Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Unity Bancorp's insider trading history.
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UNTY Stock News Headlines

Unity Bancorp Announces Board Resignation
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UNTY Stock Analysis - Frequently Asked Questions

Unity Bancorp's stock was trading at $43.61 on January 1st, 2025. Since then, UNTY stock has decreased by 6.1% and is now trading at $40.97.
View the best growth stocks for 2025 here
.

Unity Bancorp, Inc. (NASDAQ:UNTY) announced its earnings results on Wednesday, January, 15th. The financial services provider reported $1.13 EPS for the quarter, beating analysts' consensus estimates of $1.08 by $0.05. Unity Bancorp had a trailing twelve-month return on equity of 15.08% and a net margin of 25.24%.

Unity Bancorp's top institutional shareholders include Banc Funds Co. LLC (7.16%), Dimensional Fund Advisors LP (4.89%), Vanguard Group Inc. (3.73%) and Alliancebernstein L.P. (3.32%). Insiders that own company stock include David D Dallas, James A Hughes, Wayne Courtright, Mark S Brody, John J Kauchak, Peter E Maricondo, Mary E Gross, David G Bove, Vincent Geraci, George Boyan, Donald E Jr Souders, James Joseph Donovan and Minsu Kim.
View institutional ownership trends
.

Shares of UNTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Unity Bancorp investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), ServiceNow (NOW), Adobe (ADBE) and Arista Networks (ANET).

Company Calendar

Ex-Dividend for 12/31 Dividend
12/13/2024
Dividend Payable
12/31/2024
Last Earnings
1/15/2025
Today
3/10/2025
Ex-Dividend for 3/28 Dividend
3/14/2025
Dividend Payable
3/28/2025
Next Earnings (Estimated)
4/11/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
State commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:UNTY
Employees
230
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$54.50
High Stock Price Target
$55.00
Low Stock Price Target
$54.00
Potential Upside/Downside
+33.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Trailing P/E Ratio
10.09
Forward P/E Ratio
8.48
P/E Growth
N/A
Net Income
$41.45 million
Pretax Margin
32.62%

Debt

Sales & Book Value

Annual Sales
$105.94 million
Cash Flow
$3.61 per share
Price / Cash Flow
11.35
Book Value
$25.99 per share
Price / Book
1.58

Miscellaneous

Free Float
7,102,000
Market Cap
$409.13 million
Optionable
Optionable
Beta
0.95

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This page (NASDAQ:UNTY) was last updated on 3/11/2025 by MarketBeat.com Staff
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