USCB Financial (USCB) Scheduled to Post Quarterly Earnings on Thursday

USCB Financial (NASDAQ:USCB - Get Free Report) will issue its quarterly earnings data after the market closes on Thursday, October 31st. Analysts expect the company to announce earnings of $0.32 per share for the quarter. Parties interested in participating in the company's conference call can do so using this link.

USCB Financial (NASDAQ:USCB - Get Free Report) last issued its earnings results on Thursday, July 25th. The company reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.24 by $0.07. USCB Financial had a return on equity of 9.35% and a net margin of 13.67%. The firm had revenue of $35.83 million for the quarter, compared to analysts' expectations of $18.56 million. During the same quarter last year, the firm earned $0.21 earnings per share. On average, analysts expect USCB Financial to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

USCB Financial Trading Up 0.1 %

USCB Financial stock traded up $0.02 during midday trading on Thursday, reaching $14.82. The stock had a trading volume of 10,698 shares, compared to its average volume of 23,691. USCB Financial has a twelve month low of $10.04 and a twelve month high of $16.82. The stock has a market capitalization of $290.77 million, a PE ratio of 16.98 and a beta of 0.39. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.93 and a current ratio of 0.93. The stock's 50-day simple moving average is $14.73 and its 200 day simple moving average is $13.34.

Insiders Place Their Bets

In related news, Director Ramon A. Rodriguez acquired 6,000 shares of USCB Financial stock in a transaction on Monday, September 16th. The shares were bought at an average price of $14.61 per share, for a total transaction of $87,660.00. Following the completion of the purchase, the director now directly owns 12,000 shares in the company, valued at $175,320. This trade represents a 100.00 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 48.50% of the stock is currently owned by insiders.

Analyst Ratings Changes

USCB has been the topic of a number of research analyst reports. Hovde Group initiated coverage on USCB Financial in a report on Monday, August 12th. They issued a "market perform" rating and a $16.00 target price on the stock. Keefe, Bruyette & Woods lifted their target price on USCB Financial from $14.00 to $16.50 and gave the company an "outperform" rating in a report on Monday, July 29th.

About USCB Financial

USCB Financial Holdings, Inc operates as the bank holding company for U.S. Century Bank that engages in the provision of various personal and business banking products and services in the United States. It accepts various deposit products, including commercial and consumer checking, money market deposit, savings, and time deposit accounts, as well as certificates of deposit.