United Bankshares (UBSI) to Release Earnings on Friday

United Bankshares (NASDAQ:UBSI - Get Free Report) is expected to release its earnings data before the market opens on Friday, January 24th. Analysts expect United Bankshares to post earnings of $0.67 per share and revenue of $262,080.00 billion for the quarter.

United Bankshares (NASDAQ:UBSI - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $0.03. United Bankshares had a return on equity of 7.58% and a net margin of 22.05%. The firm had revenue of $414.67 million for the quarter, compared to analyst estimates of $260.30 million. During the same period last year, the company earned $0.71 EPS. On average, analysts expect United Bankshares to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

United Bankshares Trading Up 1.0 %

Shares of NASDAQ UBSI traded up $0.39 on Friday, reaching $38.49. 276,882 shares of the company traded hands, compared to its average volume of 538,539. The stock has a market capitalization of $5.20 billion, a PE ratio of 14.58 and a beta of 1.03. United Bankshares has a fifty-two week low of $30.68 and a fifty-two week high of $44.43. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.11. The company has a 50 day moving average of $39.97 and a 200 day moving average of $37.87.

United Bankshares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 13th were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 3.85%. The ex-dividend date of this dividend was Friday, December 13th. United Bankshares's dividend payout ratio (DPR) is 56.06%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of United Bankshares from a "sell" rating to a "hold" rating in a research note on Wednesday, November 13th.

Insider Buying and Selling

In related news, Director J Paul Mcnamara sold 2,500 shares of the firm's stock in a transaction dated Tuesday, November 26th. The stock was 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 approximately $2,717,709.74. This trade represents a 3.79 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Mark R. Nesselroad sold 6,000 shares of the company's stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $39.16, for a total value 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. This represents a 14.48 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 13,500 shares of company stock valued at $542,110. 3.66% of the stock is currently owned by corporate 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.