DA Davidson Weighs in on United Community Banks, Inc.’s FY2025 Earnings (NASDAQ:UCBI)

United Community Banks, Inc. (NASDAQ:UCBI) – Equities research analysts at DA Davidson reduced their FY2025 earnings per share estimates for shares of United Community Banks in a report issued on Thursday, June 27th. DA Davidson analyst G. Tenner now forecasts that the financial services provider will post earnings of $2.39 per share for the year, down from their previous estimate of $2.41. The consensus estimate for United Community Banks’ current full-year earnings is $2.12 per share.

Other equities analysts have also recently issued research reports about the company. Truist Financial lowered their target price on United Community Banks from $31.00 to $28.00 and set a “hold” rating for the company in a report on Monday, April 1st. Piper Sandler decreased their price objective on United Community Banks from $30.00 to $28.00 and set a “neutral” rating for the company in a report on Thursday, April 25th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, United Community Banks currently has an average rating of “Hold” and a consensus price target of $30.60.

United Community Banks Trading Down 1.4 %

Shares of NASDAQ:UCBI opened at $25.10 on Monday. The firm has a market cap of $2.99 billion, a price-to-earnings ratio of 16.30 and a beta of 0.91. United Community Banks has a 12 month low of $21.63 and a 12 month high of $30.75. The company’s fifty day simple moving average is $25.63 and its 200 day simple moving average is $26.54. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.10.

United Community Banks (NASDAQ:UCBI) last announced its quarterly earnings results on Wednesday, April 24th. The financial services provider reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.02. The firm had revenue of $225.80 million for the quarter, compared to analyst estimates of $232.00 million. United Community Banks had a net margin of 13.62% and a return on equity of 8.02%. The business’s revenue was down 6.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.58 earnings per share.

Hedge Funds Weigh In On United Community Banks

Hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC bought a new stake in United Community Banks during the fourth quarter worth $72,000. SG Americas Securities LLC bought a new position in United Community Banks during the fourth quarter worth about $115,000. FinTrust Capital Advisors LLC increased its position in United Community Banks by 12.5% during the fourth quarter. FinTrust Capital Advisors LLC now owns 4,493 shares of the financial services provider’s stock worth $131,000 after buying an additional 500 shares during the last quarter. TFO Wealth Partners LLC increased its holdings in shares of United Community Banks by 111,360.0% during the 4th quarter. TFO Wealth Partners LLC now owns 5,573 shares of the financial services provider’s stock worth $163,000 after acquiring an additional 5,568 shares during the last quarter. Finally, Strs Ohio raised its stake in United Community Banks by 17.6% in the 4th quarter. Strs Ohio now owns 6,000 shares of the financial services provider’s stock valued at $175,000 after acquiring an additional 900 shares during the period. Institutional investors own 82.29% of the company’s stock.

United Community Banks Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 5th. Stockholders of record on Saturday, June 15th will be paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.67%. United Community Banks’s dividend payout ratio is 59.74%.

United Community Banks Company Profile

United Community Banks, Inc operates as the financial holding company for United Community Bank that provides financial products and services to commercial, retail, government, education, energy, health care, and real estate sectors. It accepts various deposit products, including checking, savings, money market, and other deposit accounts.