Trading Day Triumph: Atlantic Union Bankshares Corp (AUB) Ends at 36.80, a 2.22 Surge/Plunge

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Atlantic Union Bankshares Corp (NYSE: AUB) closed the day trading at $36.80 up 2.22% from the previous closing price of $36.00. In other words, the price has increased by $2.22 from its previous closing price. On the day, 0.59 million shares were traded. AUB stock price reached its highest trading level at $37.46 during the session, while it also had its lowest trading level at $36.78.

Ratios:

For a better understanding of AUB, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.16.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Hovde Group on July 26, 2024, Reiterated its Outperform rating but revised its target price to $46 from $40 previously.

On September 13, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $36.

Keefe Bruyette Downgraded its Outperform to Mkt Perform on April 06, 2023, whereas the target price for the stock was revised from $42 to $36.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 06 ’24 when Ellett Frank Russell bought 5,000 shares for $31.71 per share. The transaction valued at 158,550 led to the insider holds 47,334 shares of the business.

Ellett Frank Russell bought 5,000 shares of AUB for $157,700 on Jun 07 ’24. The Director now owns 52,334 shares after completing the transaction at $31.54 per share. On Jun 10 ’24, another insider, Ellett Frank Russell, who serves as the Director of the company, bought 4,467 shares for $30.85 each. As a result, the insider paid 137,807 and bolstered with 56,801 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AUB now has a Market Capitalization of 3304006912 and an Enterprise Value of 4205830400. As of this moment, Atlantic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.22, and their Forward P/E ratio for the next fiscal year is 11.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.76 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 6.003.

Stock Price History:

The Beta on a monthly basis for AUB is 0.91, which has changed by 0.18460023 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. Over the past 52 weeks, AUB has reached a high of $42.50, while it has fallen to a 52-week low of $26.91. The 50-Day Moving Average of the stock is 4.65%, while the 200-Day Moving Average is calculated to be 8.59%.

Shares Statistics:

Over the past 3-months, AUB traded about 459.71K shares per day on average, while over the past 10 days, AUB traded about 509650 shares per day. A total of 89.78M shares are outstanding, with a floating share count of 88.83M. Insiders hold about 1.06% of the company’s shares, while institutions hold 74.57% stake in the company. Shares short for AUB as of 1722384000 were 2144391 with a Short Ratio of 4.66, compared to 1719532800 on 2185577. Therefore, it implies a Short% of Shares Outstanding of 2144391 and a Short% of Float of 3.1199999999999997.

Dividends & Splits

AUB’s forward annual dividend rate is 1.28, up from 1.26 a year ago. Against a Trailing Annual Dividend Yield of 0.035The stock’s 5-year Average Dividend Yield is 3.41. The current Payout Ratio is 48.15% for AUB, which recently paid a dividend on 2024-08-09 with an ex-dividend date of 1723161600. Stock splits for the company last occurred on 2006-10-16 when the company split stock in a 3:2 ratio.

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