DA Davidson Has Optimistic Outlook of UCB FY2025 Earnings

United Community Banks, Inc. (NASDAQ:UCB) – Investment analysts at DA Davidson boosted their FY2025 EPS estimates for shares of United Community Banks in a research note issued on Thursday, January 23rd. DA Davidson analyst G. Tenner now forecasts that the company will earn $2.79 per share for the year, up from their prior forecast of $2.37. The consensus estimate for United Community Banks’ current full-year earnings is $2.30 per share.

UCB has been the subject of several other research reports. Raymond James raised United Community Banks from a “market perform” rating to an “outperform” rating and set a $35.00 price target for the company in a report on Thursday, December 19th. Truist Financial cut 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. Finally, Piper Sandler lifted their price target on shares of United Community Banks from $32.00 to $35.00 and gave the stock a “neutral” rating in a research note on Thursday.

United Community Banks Stock Performance

NASDAQ:UCB opened at $32.91 on Monday. The stock’s 50-day moving average is $32.67. The company has a market cap of $3.93 billion, a P/E ratio of 16.13 and a beta of 0.93. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.78 and a current ratio of 0.78. United Community Banks has a 52-week low of $24.04 and a 52-week high of $35.38.

United Community Banks Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, January 6th. Stockholders of record on Monday, December 16th were issued a $0.24 dividend. The ex-dividend date was Monday, December 16th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.92%. United Community Banks’s payout ratio is presently 47.06%.

United Community Banks Company Profile

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.