Umpqua Holdings Corporation (NASDAQ:UMPQ) – Stock analysts at SunTrust Banks reduced their Q3 2018 earnings estimates for Umpqua Holdings Corporation in a research report issued on Sunday. SunTrust Banks analyst M. Young now forecasts that the bank will post earnings per share of $0.33 for the quarter, down from their previous forecast of $0.34. SunTrust Banks has a “Buy” rating and a $23.00 price objective on the stock. SunTrust Banks also issued estimates for Umpqua Holdings Corporation’s Q4 2018 earnings at $0.33 EPS, FY2018 earnings at $1.24 EPS and FY2019 earnings at $1.49 EPS.

A number of other research firms have also recently weighed in on UMPQ. Wells Fargo & Company lifted their target price on shares of Umpqua Holdings Corporation from $18.00 to $20.00 and gave the company a “market perform” rating in a research note on Friday, October 20th. Barclays PLC lifted their target price on shares of Umpqua Holdings Corporation from $19.00 to $20.00 and gave the company an “equal weight” rating in a research note on Friday, October 20th. Keefe, Bruyette & Woods upgraded shares of Umpqua Holdings Corporation from a “market perform” rating to an “outperform” rating in a research note on Wednesday. Piper Jaffray Companies reiterated a “sell” rating and issued a $16.50 price target on shares of Umpqua Holdings Corporation in a report on Wednesday, October 4th. Finally, Zacks Investment Research downgraded shares of Umpqua Holdings Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, July 26th. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company’s stock. Umpqua Holdings Corporation presently has a consensus rating of “Hold” and a consensus price target of $20.06.

WARNING: “Analysts Offer Predictions for Umpqua Holdings Corporation’s Q3 2018 Earnings (UMPQ)” was originally reported by Watch List News and is the property of of Watch List News. If you are reading this news story on another domain, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this news story can be viewed at https://www.watchlistnews.com/analysts-offer-predictions-for-umpqua-holdings-corporations-q3-2018-earnings-umpq/1690724.html.

Umpqua Holdings Corporation (UMPQ) traded down $0.11 on Tuesday, hitting $19.98. 603,748 shares of the company were exchanged, compared to its average volume of 1,495,517. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.96 and a current ratio of 0.98. Umpqua Holdings Corporation has a 52 week low of $15.09 and a 52 week high of $20.98. The stock has a market cap of $4,426.66, a PE ratio of 19.33, a price-to-earnings-growth ratio of 2.27 and a beta of 1.12.

Umpqua Holdings Corporation (NASDAQ:UMPQ) last released its earnings results on Wednesday, October 18th. The bank reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). Umpqua Holdings Corporation had a net margin of 19.04% and a return on equity of 5.79%. The firm had revenue of $295.87 million for the quarter, compared to analysts’ expectations of $297.51 million. During the same quarter last year, the firm posted $0.28 EPS.

The business also recently declared a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Saturday, September 30th were issued a $0.18 dividend. This is an increase from Umpqua Holdings Corporation’s previous quarterly dividend of $0.16. This represents a $0.72 dividend on an annualized basis and a yield of 3.60%. The ex-dividend date was Thursday, September 28th. Umpqua Holdings Corporation’s payout ratio is currently 67.93%.

In other Umpqua Holdings Corporation news, insider Raymond P. Davis sold 36,829 shares of Umpqua Holdings Corporation stock in a transaction on Thursday, October 26th. The shares were sold at an average price of $20.60, for a total value of $758,677.40. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.52% of the company’s stock.

Several institutional investors have recently bought and sold shares of the company. American International Group Inc. increased its holdings in shares of Umpqua Holdings Corporation by 2.7% in the 3rd quarter. American International Group Inc. now owns 599,082 shares of the bank’s stock worth $11,688,000 after buying an additional 15,701 shares during the last quarter. D.A. Davidson & CO. increased its holdings in shares of Umpqua Holdings Corporation by 0.7% in the 3rd quarter. D.A. Davidson & CO. now owns 626,901 shares of the bank’s stock worth $12,230,000 after buying an additional 4,297 shares during the last quarter. Rothschild Asset Management Inc. increased its holdings in shares of Umpqua Holdings Corporation by 7.4% in the 3rd quarter. Rothschild Asset Management Inc. now owns 1,299,752 shares of the bank’s stock worth $25,358,000 after buying an additional 89,698 shares during the last quarter. Systematic Financial Management LP increased its holdings in shares of Umpqua Holdings Corporation by 0.5% in the 3rd quarter. Systematic Financial Management LP now owns 637,427 shares of the bank’s stock worth $12,436,000 after buying an additional 2,913 shares during the last quarter. Finally, Pacer Advisors Inc. increased its holdings in shares of Umpqua Holdings Corporation by 11.6% in the 3rd quarter. Pacer Advisors Inc. now owns 29,573 shares of the bank’s stock worth $577,000 after buying an additional 3,078 shares during the last quarter. Hedge funds and other institutional investors own 87.82% of the company’s stock.

Umpqua Holdings Corporation Company Profile

Umpqua Holdings Corporation is a bank holding company. The Company’s principal operating subsidiaries include Umpqua Bank (the Bank) and Umpqua Investments, Inc (Umpqua Investments). It operates through two segments: Community Banking and Home Lending. The Community Banking segment’s principal business focus is the offering of loan and deposit products to business and retail customers in its primary market areas.

Earnings History and Estimates for Umpqua Holdings Corporation (NASDAQ:UMPQ)

Receive News & Ratings for Umpqua Holdings Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Umpqua Holdings Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.