UMB Financial (UMBF) to Release Earnings on Tuesday

UMB Financial (NASDAQ:UMBF) is anticipated to release its earnings data after the market closes on Tuesday, January 28th. Analysts expect UMB Financial to post earnings of $2.25 per share and revenue of $412,269.81 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

UMB Financial (NASDAQ:UMBF) last posted its quarterly earnings data on Tuesday, October 29th. The bank reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.05. The company had revenue of $716.44 million for the quarter, compared to analysts’ expectations of $398.83 million. UMB Financial had a net margin of 14.44% and a return on equity of 13.80%. During the same period in the prior year, the business earned $2.02 earnings per share. On average, analysts expect UMB Financial to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.

UMB Financial Stock Up 1.7 %

UMBF stock opened at $119.58 on Tuesday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.11. The company’s 50 day moving average is $119.27 and its 200 day moving average is $107.98. The stock has a market cap of $5.84 billion, a price-to-earnings ratio of 14.95 and a beta of 0.82. UMB Financial has a 1-year low of $76.00 and a 1-year high of $129.94.

UMB Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Tuesday, December 10th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.34%. This is a boost from UMB Financial’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend was Tuesday, December 10th. UMB Financial’s dividend payout ratio is 20.00%.

Insider Activity

In related news, insider Robert Brian Beaird sold 854 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $123.38, for a total value of $105,366.52. Following the completion of the sale, the insider now owns 5,828 shares of the company’s stock, valued at $719,058.64. This trade represents a 12.78 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO J Mariner Kemper sold 24,300 shares of the firm’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $108.83, for a total value of $2,644,569.00. Following the completion of the sale, the chief executive officer now directly owns 1,576,604 shares of the company’s stock, valued at $171,581,813.32. The trade was a 1.52 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 50,303 shares of company stock valued at $5,879,967. 8.85% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms recently weighed in on UMBF. Barclays upped their price objective on shares of UMB Financial from $123.00 to $139.00 and gave the stock an “overweight” rating in a research report on Thursday, December 5th. Morgan Stanley assumed coverage on UMB Financial in a research note on Thursday, November 21st. They issued an “overweight” rating and a $156.00 target price for the company. StockNews.com lowered UMB Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, January 14th. Wells Fargo & Company upped their target price on UMB Financial from $107.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 31st. Finally, Royal Bank of Canada assumed coverage on UMB Financial in a research note on Friday, November 22nd. They issued a “sector perform” rating and a $130.00 target price for the company. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $124.00.

UMB Financial Company Profile

UMB Financial Corporation operates as the bank holding company that provides banking services and asset servicing in the United States and internationally. The Commercial Banking segment provides commercial loans and credit card; commercial real estate financing; letters of credit; loan syndication, and consultative service; various business solutions including asset-based lending, mezzanine debt, and minority equity investment; and treasury management service, such as depository service, account reconciliation, cash management tool, accounts payable and receivable solution, electronic fund transfer and automated payment, controlled disbursement, lockbox service, and remote deposit capture service.