What is DA Davidson’s Forecast for UCB FY2025 Earnings?

United Community Banks, Inc. (NASDAQ:UCB) – Stock analysts at DA Davidson dropped their FY2025 earnings per share estimates for United Community Banks in a research note issued on Thursday, December 19th. DA Davidson analyst G. Tenner now expects that the company will post earnings of $2.37 per share for the year, down from their prior estimate of $2.40. The consensus estimate for United Community Banks’ current full-year earnings is $2.23 per share.

Other equities analysts have also issued reports about the company. Piper Sandler decreased their price objective on United Community Banks from $29.00 to $28.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Truist Financial decreased their price target on United Community Banks from $32.00 to $30.00 and set a “hold” rating for the company in a research note on Friday, October 25th. Finally, Raymond James raised United Community Banks from a “market perform” rating to an “outperform” rating and set a $35.00 price target on the stock in a report on Thursday, December 19th.

United Community Banks Trading Up 1.3 %

NASDAQ:UCB opened at $32.21 on Monday. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.78 and a quick ratio of 0.78. The company’s 50 day moving average is $31.64. The company has a market capitalization of $3.84 billion, a price-to-earnings ratio of 20.92 and a beta of 0.92. United Community Banks has a 52 week low of $24.04 and a 52 week high of $35.38.

United Community Banks (NASDAQ:UCB) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.01). The firm had revenue of $384.39 million for the quarter, compared to analyst estimates of $237.90 million. United Community Banks had a net margin of 13.04% and a return on equity of 8.36%. During the same quarter in the previous year, the company earned $0.45 EPS.

United Community Banks Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 6th. Shareholders of record on Monday, December 16th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.96 annualized dividend and a yield of 2.98%. United Community Banks’s dividend payout ratio is presently 62.34%.

Insiders Place Their Bets

In related news, CFO Jefferson L. Harralson sold 10,275 shares of the stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $27.76, for a total value of $285,234.00. Following the transaction, the chief financial officer now owns 43,991 shares in the company, valued at approximately $1,221,190.16. This represents a 18.93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.54% of the company’s stock.

United Community Banks Company Profile

United Community Banks, Inc operates as the financial holding company for United Community Bank that provides financial products and services to commercial, retail, government, education, energy, health care, and real estate sectors. It accepts various deposit products, including checking, savings, money market, and other deposit accounts.