FY2025 EPS Forecast for United Bankshares Lowered by Analyst

United Bankshares, Inc. (NASDAQ:UBSI) – Equities researchers at DA Davidson lowered their FY2025 earnings per share estimates for United Bankshares in a research report issued on Thursday, December 19th. DA Davidson analyst M. Navas now anticipates that the financial services provider will earn $2.86 per share for the year, down from their previous forecast of $2.88. The consensus estimate for United Bankshares’ current full-year earnings is $2.73 per share.

Separately, StockNews.com upgraded United Bankshares from a “sell” rating to a “hold” rating in a research report on Wednesday, November 13th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, United Bankshares presently has a consensus rating of “Hold” and a consensus price target of $40.25.

United Bankshares Price Performance

Shares of United Bankshares stock opened at $38.00 on Monday. United Bankshares has a 1-year low of $30.68 and a 1-year high of $44.43. The firm’s 50-day moving average price is $40.19 and its two-hundred day moving average price is $37.13. 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 stock has a market capitalization of $5.14 billion, a price-to-earnings ratio of 14.39 and a beta of 1.01.

United Bankshares (NASDAQ:UBSI) last announced its 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 net margin of 22.05% and a return on equity of 7.58%. The business had revenue of $414.67 million during the quarter, compared to analysts’ expectations of $260.30 million. During the same quarter last year, the company posted $0.71 EPS.

United Bankshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th will be given a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 3.89%. The ex-dividend date is Friday, December 13th. United Bankshares’s payout ratio is presently 56.06%.

Insiders Place Their Bets

In related news, Director Peter A. Converse sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $40.00, for a total value of $200,000.00. Following the transaction, the director now owns 434,769 shares in the company, valued at $17,390,760. This trade represents a 1.14 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mark R. Nesselroad sold 6,000 shares of United Bankshares stock in a transaction dated 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 sale, the director now owns 35,424 shares of the company’s stock, valued at approximately $1,387,203.84. The trade was a 14.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 13,500 shares of company stock valued at $542,110. Insiders own 3.66% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Jane Street Group LLC raised its stake in shares of United Bankshares by 27.2% during the third quarter. Jane Street Group LLC now owns 161,489 shares of the financial services provider’s stock worth $5,991,000 after buying an additional 34,526 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in United Bankshares by 5.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,673,056 shares of the financial services provider’s stock worth $62,070,000 after acquiring an additional 83,503 shares during the period. BNP Paribas Financial Markets raised its position in shares of United Bankshares by 73.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 50,953 shares of the financial services provider’s stock valued at $1,890,000 after acquiring an additional 21,520 shares during the last quarter. Daiwa Securities Group Inc. lifted its stake in shares of United Bankshares by 3.6% in the 3rd quarter. Daiwa Securities Group Inc. now owns 12,328 shares of the financial services provider’s stock valued at $457,000 after purchasing an additional 427 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in shares of United Bankshares by 10.0% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 468,851 shares of the financial services provider’s stock worth $17,394,000 after purchasing an additional 42,689 shares during the last quarter. Institutional investors own 70.80% of the company’s stock.

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.