News stories about United Community Banks (NASDAQ:UCBI) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. United Community Banks earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 47.0140960353373 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Brokers Offer Predictions for United Community Banks, Inc.’s FY2017 Earnings (UCBI) (americanbankingnews.com)
- Lynn Harton Named CEO of United Community Bank (finance.yahoo.com)
- Equities Analysts Offer Predictions for United Community Banks, Inc.’s Q3 2017 Earnings (UCBI) (americanbankingnews.com)
- FIG Partners Upgrades United Community Banks, Inc. (UCBI) to Outperform (americanbankingnews.com)
- $0.40 Earnings Per Share Expected for United Community Banks, Inc. (UCBI) This Quarter (americanbankingnews.com)
Shares of United Community Banks (NASDAQ UCBI) opened at 25.83 on Friday. The company has a market cap of $1.83 billion, a P/E ratio of 17.69 and a beta of 0.88. The company has a 50-day moving average price of $27.63 and a 200-day moving average price of $27.59. United Community Banks has a 12-month low of $19.75 and a 12-month high of $30.47.
United Community Banks (NASDAQ:UCBI) last announced its earnings results on Wednesday, July 26th. The financial services provider reported $0.41 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.01. The firm had revenue of $108 million for the quarter, compared to the consensus estimate of $110.49 million. United Community Banks had a return on equity of 10.42% and a net margin of 23.07%. The business’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.36 EPS. On average, analysts predict that United Community Banks will post $1.64 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, October 5th. Shareholders of record on Friday, September 15th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, September 14th. This is an increase from United Community Banks’s previous quarterly dividend of $0.09. This represents a $0.40 annualized dividend and a yield of 1.55%. United Community Banks’s payout ratio is presently 24.66%.
A number of equities research analysts have recently weighed in on the company. UBS AG upgraded United Community Banks from a “market perform” rating to an “outperform” rating in a research report on Wednesday, May 3rd. BidaskClub downgraded United Community Banks from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. FIG Partners upgraded United Community Banks from a “market perform” rating to an “outperform” rating and set a $32.00 target price for the company in a research report on Wednesday. Stephens restated a “hold” rating and set a $29.00 target price on shares of United Community Banks in a research report on Wednesday, July 26th. Finally, ValuEngine upgraded United Community Banks from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. One research analyst has rated the stock with a sell rating, three have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. United Community Banks currently has an average rating of “Buy” and a consensus target price of $30.86.
TRADEMARK VIOLATION NOTICE: “Somewhat Positive Press Coverage Somewhat Unlikely to Affect United Community Banks (UCBI) Share Price” was published by BNB Daily and is the property of of BNB Daily. If you are accessing this report on another site, it was illegally copied and republished in violation of US and international trademark and copyright laws. The original version of this report can be accessed at https://www.baseball-news-blog.com/2017/08/19/somewhat-positive-press-coverage-somewhat-unlikely-to-impact-united-community-banks-ucbi-stock-price-updated-updated.html.
In other United Community Banks news, EVP Robert A. Edwards sold 11,550 shares of United Community Banks stock in a transaction dated Friday, August 11th. The stock was sold at an average price of $26.06, for a total transaction of $300,993.00. Following the transaction, the executive vice president now directly owns 16,858 shares of the company’s stock, valued at approximately $439,319.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.18% of the stock is currently owned by insiders.
United Community Banks Company Profile
United Community Banks, Inc (United) is a bank holding company. United conducts its operations through a community-focused operating model of separate community banks, which, as of December 31, 2016, operated at 139 locations throughout the Atlanta-Sandy Springs-Roswell, Georgia, and Gainesville, Georgia metropolitan statistical areas, upstate and coastal South Carolina, north and coastal Georgia, western North Carolina, and east Tennessee.
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