As of close of business last night, United Community Banks Inc.’s stock clocked out at 33.65, down -0.97% from its previous closing price of $33.98. In other words, the price has decreased by $-0.33 from its previous closing price. On the day, 1064114 shares were traded. UCBI reached its highest trading level at $34.22 during the session, while it also had its lowest trading level at $33.04.
To gain a deeper understanding of UCBI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.02. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.13.
Upgrades & Downgrades
On October 22, 2020, Raymond James Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $23.
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 16 when DANIELS KENNETH L bought 500 shares for $28.20 per share. The transaction valued at 14,100 led to the insider holds 13,299 shares of the business.
HARTON H LYNN sold 5,000 shares of UCBI for $175,550 on Apr 01. The President & CEO now owns 242,222 shares after completing the transaction at $35.11 per share. On Jan 03, another insider, HARTON H LYNN, who serves as the President & CEO of the company, sold 10,000 shares for $36.31 each. As a result, the insider received 363,100 and left with 218,993 shares of the company.
As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.95, and their Forward P/E ratio for the next fiscal year is 10.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 13.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.44 while its Price-to-Book (P/B) ratio in mrq is 1.40.
Stock Price History:
Over the past 52 weeks, UCBI has reached a high of $39.32, while it has fallen to a 52-week low of $27.85. The 50-Day Moving Average of the stock is 33.65, while the 200-Day Moving Average is calculated to be 33.71.
It appears that UCBI traded 482.58K shares on average per day over the past three months and 714.97k shares per day over the past ten days. A total of 106.61M shares are outstanding, with a floating share count of 105.47M. Insiders hold about 0.60% of the company’s shares, while institutions hold 87.00% stake in the company. Shares short for UCBI as of Jul 14, 2022 were 2.35M with a Short Ratio of 5.05, compared to 2.28M on Jun 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 2.22% and a Short% of Float of 2.88%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.73, UCBI has a forward annual dividend rate of 0.88. Against a Trailing Annual Dividend Yield of 2.15%, it implies a Forward Annual Dividend Yield of 2.47%. The stock’s 5-year Average Dividend Yield is 2.30. The current Payout Ratio is 33.90% for UCBI, which recently paid a dividend on Oct 04, 2022 with an ex-dividend date of Jun 13, 2022. Stock splits for the company last occurred on Jun 19, 2011 when the company split stock in a 1:5 ratio.
As of right now, 7 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.75 for the current quarter, with a high estimate of $0.79 and a low estimate of $0.69, while EPS last year was $0.83. The consensus estimate for the next quarter is $0.78, with high estimates of $0.86 and low estimates of $0.73.
Analysts are recommending an EPS of between $2.79 and $2.62 for the fiscal current year, implying an average EPS of $2.69. EPS for the following year is $3.3, with 6 analysts recommending between $3.5 and $3.2.
In the current quarter, 5 analysts expect revenue to total $225.95M. It ranges from a high estimate of $228.29M to a low estimate of $223.7M. As of the current estimate, United Community Banks Inc.’s year-ago sales were $182.15M, an estimated increase of 24.00% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $248.5M, an increase of 41.40% over than the figure of $24.00% in the same quarter last year. There is a high estimate of $254.5M for the next quarter, whereas the lowest estimate is $239.7M.
A total of 5 analysts have provided revenue estimates for UCBI’s current fiscal year. The highest revenue estimate was $902.7M, while the lowest revenue estimate was $883.86M, resulting in an average revenue estimate of $892.92M. In the same quarter a year ago, actual revenue was $710.91M, up 25.60% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $1.05B in the next fiscal year. The high estimate is $1.1B and the low estimate is $1.01B. The average revenue growth estimate for next year is up 17.30% from the average revenue estimate for this year.