News coverage about United Bankshares (NASDAQ:UBSI) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. United Bankshares earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 46.8581405098898 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
- Should You Buy United Bankshares Inc (NASDAQ:UBSI) At $37.4? (finance.yahoo.com)
- United Bankshares (UBSI) Presents At Raymond James 39th Annual Institutional Investors Conference – Slideshow (seekingalpha.com)
- Insider Selling: United Bankshares, Inc. (UBSI) Director Sells 22,500 Shares of Stock (americanbankingnews.com)
- United Bankshares, Inc. (UBSI) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
UBSI has been the topic of a number of research analyst reports. TheStreet upgraded United Bankshares from a “c+” rating to a “b-” rating in a research note on Wednesday, February 21st. BidaskClub upgraded United Bankshares from a “sell” rating to a “hold” rating in a research note on Thursday, February 22nd. Zacks Investment Research lowered United Bankshares from a “buy” rating to a “hold” rating in a research note on Wednesday, February 21st. Finally, Sandler O’Neill set a $38.00 price target on United Bankshares and gave the stock a “hold” rating in a research note on Thursday, January 4th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. United Bankshares has a consensus rating of “Hold” and a consensus target price of $41.33.
United Bankshares (NASDAQ:UBSI) last issued its earnings results on Tuesday, January 30th. The financial services provider reported $0.53 EPS for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.01. The firm had revenue of $187.62 million for the quarter, compared to analyst estimates of $182.94 million. United Bankshares had a return on equity of 6.28% and a net margin of 19.93%. During the same quarter in the prior year, the firm earned $0.51 earnings per share. equities analysts expect that United Bankshares will post 2.49 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, April 2nd. Investors of record on Friday, March 9th will be given a $0.34 dividend. The ex-dividend date is Thursday, March 8th. This represents a $1.36 dividend on an annualized basis and a yield of 3.66%. United Bankshares’s dividend payout ratio is currently 70.83%.
In related news, Director Michael P. Fitzgerald sold 27,000 shares of the company’s stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $37.05, for a total value of $1,000,350.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Peter A. Converse sold 22,500 shares of the company’s stock in a transaction that occurred on Wednesday, March 7th. The shares were sold at an average price of $37.74, for a total value of $849,150.00. Following the completion of the sale, the director now owns 491,810 shares in the company, valued at approximately $18,560,909.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 118,520 shares of company stock worth $4,405,311. 6.23% of the stock is owned by insiders.
United Bankshares Company Profile
United Bankshares, Inc (United) is a bank holding company. The Company operates through community banking segment. United’s Banking Subsidiaries offer a range of commercial and retail banking services and products. United, through its subsidiaries, engages in community banking and offers banking products and services permitted by law and regulation.
Receive News & Ratings for United Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.