News articles about United Community Banks (NASDAQ:UCBI) have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. United Community Banks earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 45.1468493357136 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of UCBI traded up $0.69 during mid-day trading on Tuesday, hitting $31.09. The company’s stock had a trading volume of 261,400 shares, compared to its average volume of 456,137. The stock has a market capitalization of $2.43 billion, a P/E ratio of 19.07 and a beta of 0.83. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.85 and a quick ratio of 0.84. United Community Banks has a fifty-two week low of $24.47 and a fifty-two week high of $34.18.
United Community Banks (NASDAQ:UCBI) last announced its quarterly earnings data on Tuesday, July 24th. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.54 by ($0.01). The business had revenue of $130.02 million during the quarter, compared to analyst estimates of $133.24 million. United Community Banks had a return on equity of 10.99% and a net margin of 17.42%. The business’s revenue for the quarter was up 20.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.41 EPS. equities research analysts forecast that United Community Banks will post 2.16 EPS for the current fiscal year.
A number of analysts have commented on the stock. Hovde Group set a $34.00 price target on shares of United Community Banks and gave the stock a “buy” rating in a research report on Monday, July 30th. BidaskClub cut shares of United Community Banks from a “hold” rating to a “sell” rating in a research note on Saturday, July 14th. Finally, SunTrust Banks cut shares of United Community Banks from a “buy” rating to a “hold” rating in a research note on Tuesday, June 26th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. United Community Banks presently has a consensus rating of “Hold” and an average price target of $32.50.
United Community Banks Company Profile
United Community Banks, Inc operates as the bank holding company for United Community Bank that provides retail and corporate banking services to individuals and businesses. It offers various deposit accounts, such as checking accounts, savings and time deposits accounts, NOW accounts, money market deposits, and certificates of deposit.
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