9.4 C
New York
Tuesday, March 21, 2023

The Question Is Whether To Buy Or Not To Buy UMB Financial Corporation (NASDAQ: UMBF)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for UMB Financial Corporation (UMBF) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.87, or 1.36%, to $65.00. The UMB Financial Corporation has recorded 272 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that UMB Financial Corporation Reports Fourth Quarter Net Income of $100.2 Million and Record Full-Year Earnings of $431.7 Million.


From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".

Sponsored

Stocks Info

UMB Financial Corporation is listed on the NASDAQ as a member of the Financial sector and is a part of the Banks – Regional industry. At the end of the last regular session, the stock closed at $64.13 and fluctuated between $75.20 as its day high and $62.81 as its day low. The current market capitalization of UMB Financial Corporation is $3.22B. A total of 1.26 million shares were traded on the day, compared to an average of 252.76K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, UMBF has seen 26 BUY and 116 SELL insider trades, representing the acquisition of 65,692 and the disposition of 44,262 shares. Over the last 12 months, there were 43 BUYs and 272 SELLs from insiders. Insiders purchased 98,311 shares during that period but sold 102,703.

In the most recent transaction, Murphy Timothy R. bought 1,900 shares of UMBF for 53.68 per share on Mar 13. After the transaction, the Director now owns 23,406 company shares. In a previous transaction on Mar 13, SOSLAND L JOSHUA bought 1,000 shares at 57.55 per share. UMBF shares that Director owns now total 12,241.

Among the insiders who bought shares, ROBBINS KRIS A acquired of 500 shares on Mar 13 at a per-share price of $57.12. This resulted in the Director holding 2,910 shares of UMBF after the transaction. In another insider transaction, Murphy Timothy R. bought 1,500 shares at $77.20 per share on Mar 10. Company shares held by the Director now total 21,506.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. UMB Financial Corporation pays an annual dividend of $1.52, resulting in a dividend yield of 2.37%, and it has a price to earnings (P/E) ratio of 7.24. UMBF’s most recent ex-dividend date was 3/9/2023 when it declared a $0.38 quarterly dividend that was paid in cash on 4/3/2023. Previously, the company paid the dividend on 1/3/2023 with an ex-dividend date of 12/9/2022. The UMBF stock dividend was $0.38 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for UMBF in the last 3 months, the mean price target is $90.60 with high estimates of $104.00 and low estimates of $75.00. In terms of 52-week highs and lows, UMBF has a high of $102.95 and a low of $51.28.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 5 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for UMBF is Overweight with a score of 3.25. A total of 0 analysts rated the stock as Buy while 1 rated it as Overweight while 4 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles