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

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

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

Several other research firms also recently commented on UCB. Truist Financial decreased their price objective on United Community Banks from $32.00 to $30.00 and set a “hold” rating on the stock in a research note on Friday, October 25th. Raymond James upgraded shares of United Community Banks from a “market perform” rating to an “outperform” rating and set a $35.00 target price on the stock in a research note on Thursday. Finally, Piper Sandler dropped their price target on shares of United Community Banks from $29.00 to $28.00 and set a “neutral” rating for the company in a research report on Friday, October 25th.

United Community Banks Trading Up 1.8 %

Shares of UCB stock opened at $31.60 on Monday. The firm’s 50 day simple moving average is $31.59. The stock has a market capitalization of $3.77 billion, a PE ratio of 20.52 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 current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.10.

United Community Banks Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 6th. Investors of record on Monday, December 16th will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 3.04%. The ex-dividend date of this dividend is Monday, December 16th. United Community Banks’s dividend payout ratio is presently 62.34%.

Insider Activity at United Community Banks

In other news, CFO Jefferson L. Harralson sold 10,275 shares of the firm’s 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 completion of the sale, the chief financial officer now directly owns 43,991 shares of the company’s stock, 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. 0.54% of the stock is owned by insiders.

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.