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

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

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

United Community Banks Stock Up 1.3 %

NASDAQ:UCB opened at $32.21 on Monday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.78 and a current ratio of 0.78. The firm 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 12 month low of $24.04 and a 12 month high of $35.38. The company has a 50-day moving average price of $31.64.

United Community Banks (NASDAQ:UCB) last issued its earnings results on Wednesday, October 23rd. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.01). The firm had revenue of $384.39 million during 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 prior year, the firm posted $0.45 EPS.

Insider Buying and Selling at United Community Banks

In other news, CFO Jefferson L. Harralson sold 10,275 shares of the firm’s stock in a transaction 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 directly owns 43,991 shares in the company, valued at $1,221,190.16. This trade represents a 18.93 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.54% of the company’s stock.

United Community Banks Announces Dividend

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

About United Community Banks

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.