Univest Financial (UVSP) Scheduled to Post Quarterly Earnings on Wednesday

Univest Financial (NASDAQ:UVSP) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, April 24th. Analysts expect the company to announce earnings of $0.48 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Univest Financial (NASDAQ:UVSP) last issued its quarterly earnings results on Wednesday, January 24th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.10. Univest Financial had a return on equity of 8.89% and a net margin of 15.85%. The firm had revenue of $71.38 million during the quarter, compared to analyst estimates of $70.32 million. 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 stock opened at $19.67 on Tuesday. Univest Financial has a 52-week low of $16.10 and a 52-week high of $22.49. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market capitalization of $580.86 million, a P/E ratio of 8.16 and a beta of 0.89. The stock has a 50 day moving average price of $19.79 and a 200 day moving average price of $19.59.

Univest Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 21st. Investors of record on Wednesday, February 7th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.27%. The ex-dividend date was Tuesday, February 6th. Univest Financial’s dividend payout ratio is currently 34.85%.

Analyst Ratings Changes

Separately, Piper Sandler raised their price objective on Univest Financial from $18.00 to $19.00 and gave the stock a “neutral” rating in a report on Thursday, February 1st.

About Univest Financial

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.