United Community Banks (UCBI) Receives Coverage Optimism Score of 0.10
Media stories about United Community Banks (NASDAQ:UCBI) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. United Community Banks earned a daily sentiment score of 0.10 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 46.395940381704 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- ValuEngine Downgrades United Community Banks, Inc. (UCBI) to Hold (americanbankingnews.com)
- United Community Banks Inc. announces Q3 earnings (mdjonline.com)
- United Community Banks (UCBI) Shares Cross Above 200 DMA (nasdaq.com)
- United Community Banks, Inc. breached its 50 day moving average in a Bullish Manner : UCBI-US : November 22, 2017 (finance.yahoo.com)
Shares of United Community Banks (NASDAQ:UCBI) traded down $0.42 during trading hours on Friday, hitting $27.12. The company had a trading volume of 142,171 shares, compared to its average volume of 353,763. The company has a market cap of $1,990.74, a P/E ratio of 16.84 and a beta of 0.88. The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 0.52. United Community Banks has a 52 week low of $24.47 and a 52 week high of $30.47.
United Community Banks (NASDAQ:UCBI) last announced its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $0.41 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.41. The company had revenue of $109.35 million during the quarter, compared to the consensus estimate of $114.65 million. United Community Banks had a return on equity of 10.31% and a net margin of 23.09%. The firm’s revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.36 EPS. research analysts predict that United Community Banks will post 1.63 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Friday, December 15th will be paid a dividend of $0.10 per share. The ex-dividend date is Thursday, December 14th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.47%. United Community Banks’s dividend payout ratio (DPR) is presently 27.03%.
Several equities research analysts have recently commented on the stock. Zacks Investment Research raised shares of United Community Banks from a “hold” rating to a “buy” rating and set a $30.00 price target for the company in a research report on Wednesday, September 27th. SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $33.00 price target on shares of United Community Banks in a research report on Thursday, October 12th. BidaskClub lowered shares of United Community Banks from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 17th. ValuEngine lowered shares of United Community Banks from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Finally, FIG Partners raised shares of United Community Banks from a “market perform” rating to an “outperform” rating and set a $32.00 price target for the company in a research report on Wednesday, August 16th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $31.25.
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About United Community Banks
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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