FY2025 EPS Forecast for United Bankshares Reduced by Analyst

United Bankshares, Inc. (NASDAQ:UBSI) – DA Davidson reduced their FY2025 EPS estimates for shares of United Bankshares in a note issued to investors on Thursday, December 19th. DA Davidson analyst M. Navas now expects that the financial services provider will earn $2.86 per share for the year, down from their prior estimate of $2.88. The consensus estimate for United Bankshares’ current full-year earnings is $2.73 per share.

United Bankshares (NASDAQ:UBSI) last released its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.03. United Bankshares had a return on equity of 7.58% and a net margin of 22.05%. The firm had revenue of $414.67 million for the quarter, compared to analyst estimates of $260.30 million. During the same quarter in the prior year, the company earned $0.71 earnings per share.

Separately, StockNews.com upgraded shares of United Bankshares from a “sell” rating to a “hold” rating in a research note on Wednesday, November 13th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $40.25.

United Bankshares Stock Up 1.0 %

UBSI opened at $38.33 on Monday. The stock’s fifty day simple moving average is $40.21 and its 200 day simple moving average is $37.26. United Bankshares has a 1-year low of $30.68 and a 1-year high of $44.43. The stock has a market cap of $5.18 billion, a PE ratio of 14.52 and a beta of 1.01. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.11.

Institutional Investors Weigh In On United Bankshares

A number of institutional investors have recently added to or reduced their stakes in UBSI. Inspire Investing LLC boosted its holdings in United Bankshares by 2.7% in the third quarter. Inspire Investing LLC now owns 11,095 shares of the financial services provider’s stock valued at $412,000 after acquiring an additional 291 shares during the last quarter. HighTower Advisors LLC lifted its position in shares of United Bankshares by 1.7% in the 3rd quarter. HighTower Advisors LLC now owns 19,542 shares of the financial services provider’s stock worth $730,000 after purchasing an additional 332 shares during the period. Daiwa Securities Group Inc. boosted its stake in shares of United Bankshares by 3.6% in the 3rd quarter. Daiwa Securities Group Inc. now owns 12,328 shares of the financial services provider’s stock valued at $457,000 after purchasing an additional 427 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its position in shares of United Bankshares by 4.0% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 12,367 shares of the financial services provider’s stock worth $401,000 after buying an additional 479 shares during the period. Finally, GAMMA Investing LLC increased its position in shares of United Bankshares by 34.6% during the third quarter. GAMMA Investing LLC now owns 2,079 shares of the financial services provider’s stock worth $77,000 after buying an additional 534 shares during the period. 70.80% of the stock is owned by institutional investors.

Insider Activity at United Bankshares

In other news, Director Mark R. Nesselroad sold 6,000 shares of the company’s stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $39.16, for a total transaction of $234,960.00. Following the completion of the sale, the director now directly owns 35,424 shares in the company, valued at approximately $1,387,203.84. This represents a 14.48 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Peter A. Converse sold 5,000 shares of the business’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $40.00, for a total value of $200,000.00. Following the completion of the transaction, the director now directly owns 434,769 shares of the company’s stock, valued at approximately $17,390,760. This trade represents a 1.14 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,500 shares of company stock worth $542,110. Corporate insiders own 3.66% of the company’s stock.

United Bankshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, December 13th will be given a $0.37 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.86%. United Bankshares’s payout ratio is presently 56.06%.

United Bankshares Company Profile

United Bankshares, Inc, through its subsidiaries, primarily provides commercial and retail banking products and services in the United States. It operates through two segments, Community Banking and Mortgage Banking. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, and NOW accounts.