Univest Financial (UVSP) Projected to Post Earnings on Wednesday

Univest Financial (NASDAQ:UVSPGet Free Report) is projected to post its quarterly earnings results after the market closes on Wednesday, January 22nd. Analysts expect Univest Financial to post earnings of $0.57 per share and revenue of $73,450.00 billion for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Univest Financial (NASDAQ:UVSPGet Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported $0.63 EPS for the quarter, beating the consensus estimate of $0.56 by $0.07. The business had revenue of $126.59 million during the quarter, compared to analysts’ expectations of $74.11 million. Univest Financial had a return on equity of 8.24% and a net margin of 14.90%. During the same quarter in the previous year, the business posted $0.58 EPS. On average, analysts expect Univest Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Univest Financial Price Performance

Shares of UVSP opened at $29.69 on Tuesday. The firm’s 50 day moving average price is $30.47 and its 200 day moving average price is $28.42. Univest Financial has a twelve month low of $18.41 and a twelve month high of $32.75. The firm has a market cap of $862.29 million, a PE ratio of 11.92 and a beta of 0.89. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.02 and a current ratio of 1.02.

Univest Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 6th were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Wednesday, November 6th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.83%. Univest Financial’s dividend payout ratio is currently 33.73%.

Analyst Ratings Changes

Separately, Piper Sandler increased their target price on shares of Univest Financial from $24.00 to $27.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th.

Get Our Latest Stock Report on UVSP

Univest Financial Company Profile

(Get Free Report)

Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co that provides banking products and services primarily in the United States. It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment offers a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking, and equipment lease financing services for individuals, businesses, municipalities, and nonprofit organizations.

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Earnings History for Univest Financial (NASDAQ:UVSP)

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