3.3 C
New York
Wednesday, December 6, 2023

What Are The Chances Of United Community Banks Inc (NASDAQ: UCBI) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for United Community Banks Inc (UCBI) shows that investor sentiment remained same, with the stock’s consolidated last price to $24.95. The United Community Banks Inc has recorded 30,186 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that United Community Is Now One of the Nation’s Top SBA Lenders.

Stocks Info

As a NASDAQ listed company, UCBI falls under the Financial sector while operating within the Banks – Regional industry segment. At the end of the last regular session, the stock closed at $24.95 and fluctuated between $25.34 as its day high and $24.88 as its day low. The current market capitalization of United Community Banks Inc is $2.97B. A total of 0.56 million shares were traded on the day, compared to an average of 596.09K shares.

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, UCBI has seen 3 BUY and 2 SELL insider trades, representing the acquisition of 8,549 and the disposition of 6,229 shares. Over the last 12 months, there were 33 BUYs and 21 SELLs from insiders. Insiders purchased 171,050 shares during that period but sold 38,385.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. United Community Banks Inc pays an annual dividend of $0.92, resulting in a dividend yield of 3.68%, and it has a price to earnings (P/E) ratio of 11.44. UCBI’s most recent ex-dividend date was 9/14/2023 when it declared a $0.23 quarterly dividend that was paid in cash on 10/5/2023. Previously, the company paid the dividend on 7/5/2023 with an ex-dividend date of 6/14/2023. The UCBI stock dividend was $0.23 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for UCBI in the last 3 months, the mean price target is $26.89 with high estimates of $29.00 and low estimates of $25.00. In terms of 52-week highs and lows, UCBI has a high of $39.50 and a low of $20.37.

As of this writing, UCBI has an earnings estimate of $0.52 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $0.56 per share and a lower estimate of $0.49. The company reported an EPS of $0.55 in the last quarter, which was -9.80% lower than expectations of $0.61.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

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. Currently, 0 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 UCBI is Buy with a score of 3.57.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles