United Community Banks Inc (NASDAQ: UCBI) closed the day trading at $24.92 down -3.07% from the previous closing price of $25.71. In other words, the price has decreased by -$0.56 from its previous closing price. On the day, 681551 shares were traded.
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Ratios:
For a better understanding of UCBI, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.11.
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 the company, Piper Sandler on October 19, 2023, Downgraded its rating to Neutral and sets its target price to $27 from $31 previously.
On July 20, 2023, Keefe Bruyette Downgraded its rating to Mkt Perform which previously was Outperform and also lowered its target price recommendation from $33 to $30.
On April 04, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $34.Stephens initiated its Overweight rating on April 04, 2023, with a $34 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UCBI now has a Market Capitalization of 2.97B. As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.13, and their Forward P/E ratio for the next fiscal year is 10.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 16.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.27 while its Price-to-Book (P/B) ratio in mrq is 0.93.
Stock Price History:
Over the past 52 weeks, UCBI has reached a high of $30.75, while it has fallen to a 52-week low of $20.37. The 50-Day Moving Average of the stock is 27.31, while the 200-Day Moving Average is calculated to be 26.45.
Shares Statistics:
Over the past 3-months, UCBI traded about 661.33K shares per day on average, while over the past 10 days, UCBI traded about 516.04k shares per day. A total of 119.01M shares are outstanding, with a floating share count of 118.21M. Insiders hold about 0.73% of the company’s shares, while institutions hold 82.98% stake in the company. Shares short for UCBI as of Feb 29, 2024 were 2.92M with a Short Ratio of 4.42, compared to 2.84M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.45% and a Short% of Float of 3.21%.
Dividends & Splits
UCBI’s forward annual dividend rate is 1.15, up from 0.92 a year ago. Against a Trailing Annual Dividend Yield of 3.61%, it implies a Forward Annual Dividend Yield of 3.69%. The stock’s 5-year Average Dividend Yield is 2.78. The current Payout Ratio is 59.90% for UCBI, which recently paid a dividend on Apr 05, 2024 with an ex-dividend date of Mar 14, 2024. Stock splits for the company last occurred on Jun 20, 2011 when the company split stock in a 1:5 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 8 analysts. On average, analysts expect EPS of $0.5 for the current quarter, with a high estimate of $0.53 and a low estimate of $0.47, while EPS last year was $0.58. The consensus estimate for the next quarter is $0.53, with high estimates of $0.54 and low estimates of $0.51.
Analysts are recommending an EPS of between $2.24 and $2.01 for the fiscal current year, implying an average EPS of $2.16. EPS for the following year is $2.38, with 8 analysts recommending between $2.5 and $2.13.
Revenue Estimates
7 analysts predict $232.43M in revenue for the current quarter. It ranges from a high estimate of $235.1M to a low estimate of $229.26M. As of the current estimate, United Community Banks Inc’s year-ago sales were $219.9M, an estimated increase of 5.70% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $237.64M, a decrease of -1.50% less than the figure of $5.70% in the same quarter last year. There is a high estimate of $240.8M for the next quarter, whereas the lowest estimate is $234.17M.
A total of 7 analysts have provided revenue estimates for UCBI’s current fiscal year. The highest revenue estimate was $977.5M, while the lowest revenue estimate was $945.58M, resulting in an average revenue estimate of $961.19M. In the same quarter a year ago, actual revenue was $803.82M, up 19.60% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $1.02B in the next fiscal year. The high estimate is $1.04B and the low estimate is $995.76M. The average revenue growth estimate for next year is up 6.30% from the average revenue estimate for this year.
