Does Earnings Surprise History Hold Any Clue for United Community Banks (NASDAQ:UCBI)

Earnings results for United Community Banks (NASDAQ:UCBI)

United Community Banks, Inc. is expected* to report earnings on 10/19/2021 after market close. The report will be for the fiscal Quarter ending Sep 2021. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.66. The reported EPS for the same quarter last year was $0.55.

United Community Banks last released its quarterly earnings data on July 19th, 2021. The financial services provider reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.12. The firm had revenue of $174.22 million for the quarter, compared to analyst estimates of $169.90 million. Its revenue for the quarter was up 16.5% compared to the same quarter last year. United Community Banks has generated $1.98 earnings per share over the last year ($2.78 diluted earnings per share) and currently has a price-to-earnings ratio of 12.2. Earnings for United Community Banks are expected to decrease by -9.82% in the coming year, from $2.85 to $2.57 per share. United Community Banks has confirmed that its next quarterly earnings report will be published on Tuesday, October 19th, 2021. United Community Banks will be holding an earnings conference call on Wednesday, October 20th at 11:00 AM Eastern. Interested parties can .

Analyst Opinion on United Community Banks (NASDAQ:UCBI)

According to the issued ratings of 2 analysts in the last year, the consensus rating for United Community Banks stock is Buy based on the current 2 buy ratings for UCBI. The average twelve-month price target for United Community Banks is $29.75 with a high price target of $36.00 and a low price target of $23.50.

on UCBI’s analyst rating history

United Community Banks has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $29.75, United Community Banks has a forecasted downside of 12.2% from its current price of $33.88. United Community Banks has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: United Community Banks (NASDAQ:UCBI)

United Community Banks pays a meaningful dividend of 2.38%, higher than the bottom 25% of all stocks that pay dividends. United Community Banks has only been increasing its dividend for 3 years. The dividend payout ratio of United Community Banks is 40.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, United Community Banks will have a dividend payout ratio of 31.13% next year. This indicates that United Community Banks will be able to sustain or increase its dividend.

Insiders buying/selling: United Community Banks (NASDAQ:UCBI)

In the past three months, United Community Banks insiders have bought 19.41% more of their company’s stock than they have sold. Specifically, they have bought $393,450.00 in company stock and sold $329,500.00 in company stock. Only 0.62% of the stock of United Community Banks is held by insiders. 89.36% of the stock of United Community Banks is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of United Community Banks (NASDAQ:UCBI

Earnings for United Community Banks are expected to decrease by -9.82% in the coming year, from $2.85 to $2.57 per share. The P/E ratio of United Community Banks is 12.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.68. The P/E ratio of United Community Banks is 12.19, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.51. United Community Banks has a P/B Ratio of 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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