Atlantic Union Bankshares (AUB) Stock Price, News & Analysis

Company Overview

Atlantic Union Bankshares Corporation operates as the bank holding company for Atlantic Union Bank that provides banking and related financial products and services to consumers and businesses in the United States. It operates in two segments, Wholesale Banking and Consumer Banking. The company accepts various deposit products, including checking, savings, time deposit, and money market accounts; certificates of deposit; and other depository services. It also provides loans for commercial, industrial, residential mortgage, and consumer purposes, as well as debit and credit cards. In addition, it provides treasury management and capital market, wealth management, private banking, trust, financial and retirement planning, brokerage, investment management, equipment finance, mortgage banking, and insurance products and services. The company offers products and services through full-service branches and ATMs, as well as through its mobile and internet banking. The company was formerly known as Union Bankshares Corporation and changed its name to Atlantic Union Bankshares Corporation in May 2019. Atlantic Union Bankshares Corporation was founded in 1902 and is headquartered in Glen Allen, Virginia.

Key Stats

• Today's Range: $40.97 to $41.94
• 50-Day Range: $35.98 to $43.13
• 52-Week Range: $30.22 to $43.57
• Volume: 454,308 shs
• Average Volume: 536,465 shs
• Market Capitalization: $3.70 billion
• P/E Ratio: 17.11
• Dividend Yield: 3.30%
• Price Target: $40.40
• Consensus Rating: Moderate Buy

Atlantic Union Bankshares Stock Analysis - MarketRank™

Atlantic Union Bankshares scored higher than 42% of companies evaluated by MarketBeat, and ranked 715th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Atlantic Union Bankshares has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Atlantic Union Bankshares has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -2.05%

Earnings Growth

Earnings for Atlantic Union Bankshares are expected to decrease by -2.05% in the coming year, from $2.93 to $2.87 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Atlantic Union Bankshares is 17.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Atlantic Union Bankshares is 17.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.29.

Price to Book Value per Share Ratio

Atlantic Union Bankshares has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for AUB.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Atlantic Union Bankshares pays a meaningful dividend of 3.20%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Atlantic Union Bankshares has been increasing its dividend for 14 years.

Dividend Coverage

The dividend payout ratio of Atlantic Union Bankshares is 56.43%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Atlantic Union Bankshares will have a dividend payout ratio of 47.39% next year. This indicates that Atlantic Union Bankshares will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for AUB.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 1.57

News Sentiment

Atlantic Union Bankshares has a news sentiment score of 1.57. 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 is a higher news sentiment than the 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Atlantic Union Bankshares this week, compared to 3 articles on an average week.

MarketBeat Follows

Only 1 people have added Atlantic Union Bankshares to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Atlantic Union Bankshares insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.28% of the stock of Atlantic Union Bankshares is held by insiders.

Percentage Held by Institutions

78.58% of the stock of Atlantic Union Bankshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AUB Stock Analysis - Frequently Asked Questions

How have AUB shares performed this year?

Atlantic Union Bankshares' stock was trading at $36.54 at the beginning of 2024. Since then, AUB stock has increased by 12.8% and is now trading at $41.2250.
View the best growth stocks for 2024 here.

How were Atlantic Union Bankshares' earnings last quarter?

Atlantic Union Bankshares Co. (NASDAQ:AUB) announced its earnings results on Monday, October, 21st. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.82 by $0.01. The firm earned $358.81 million during the quarter, compared to the consensus estimate of $226.70 million. Atlantic Union Bankshares had a net margin of 16.25% and a trailing twelve-month return on equity of 8.85%.

Who are Atlantic Union Bankshares' major shareholders?

Top institutional shareholders of Atlantic Union Bankshares include State Street Corp (5.00%), Geode Capital Management LLC (2.30%), The Manufacturers Life Insurance Company (1.80%) and Victory Capital Management Inc. (1.76%). Insiders that own company stock include John C Asbury, Frank Russell Ellett, Robert Michael Gorman, Ronald L Tillett, Donald R Kimble, Heather Cox and Frederick Blair Wimbush.
View institutional ownership trends.

How do I buy shares of Atlantic Union Bankshares?

Shares of AUB 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.
Compare Top Brokerages Here.

What other stocks do shareholders of Atlantic Union Bankshares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Atlantic Union Bankshares investors own include American Water Works (AWK), Waste Connections (WCN), Humana (HUM), AUO (AUOTY), The RMR Group (RMR), Voyager Therapeutics (VYGR) and DiamondRock Hospitality (DRH).

Company Calendar

• Ex-Dividend for 8/23 Dividend: 8/09/2024
• Dividend Payable: 8/23/2024
• Last Earnings: 10/21/2024
• Ex-Dividend for 11/22 Dividend: 11/08/2024
• Today: 11/21/2024
• Dividend Payable: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/28/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:AUB
• CUSIP: N/A
• CIK: 883948
• Web: www.atlanticunionbank.com
• Phone: (804) 633-5031
• Fax: 804-633-1800
• Employees: 1,804
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $40.40
• High Stock Price Target: $45.00
• Low Stock Price Target: $38.00
• Potential Upside/Downside: -2.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.41
• Trailing P/E Ratio: 17.11
• Forward P/E Ratio: 14.07
• P/E Growth: N/A
• Net Income: $201.82 million
• Net Margins: 16.25%
• Pretax Margin: 19.93%
• Return on Equity: 8.85%
• Return on Assets: 1.09%

Debt

• Debt-to-Equity Ratio: 0.13
• Current Ratio: 0.90
• Quick Ratio: 0.90

Sales & Book Value

• Annual Sales: $777.34 million
• Price / Sales: 4.76
• Cash Flow: $3.61 per share
• Price / Cash Flow: 11.43
• Book Value: $34.08 per share
• Price / Book: 1.21

Miscellaneous

• Outstanding Shares: 89,777,000
• Free Float: 88,628,000
• Market Cap: $3.70 billion
• Optionable: Optionable
• Beta: 0.89