Umpqua Holdings Corp. (UMPQ) Scheduled to Post Earnings on Wednesday
Umpqua Holdings Corp. (NASDAQ:UMPQ) is scheduled to post its Q313 quarterly earnings results on Wednesday, October 16th. Analysts expect Umpqua Holdings Corp. to post earnings of $0.26 per share and revenue of $140.45 million for the quarter.
Umpqua Holdings Corp. (NASDAQ:UMPQ) last posted its quarterly earnings results on Wednesday, July 17th. The company reported $0.24 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.22 by $0.02. During the same quarter in the prior year, the company posted $0.21 earnings per share. On average, analysts expect Umpqua Holdings Corp. to post $0.97 EPS for the current fiscal year and $1.10 EPS for the next fiscal year.
Umpqua Holdings Corp. (NASDAQ:UMPQ) opened at 16.69 on Tuesday. Umpqua Holdings Corp. has a one year low of $11.17 and a one year high of $17.48. The stock has a 50-day moving average of $16.42 and a 200-day moving average of $14.96. The company has a market cap of $1.868 billion and a P/E ratio of 18.31.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 3.59%. The ex-dividend date of this dividend is Thursday, September 26th.
A number of research firms have recently commented on UMPQ. Analysts at Barclays raised their price target on shares of Umpqua Holdings Corp. from $14.00 to $15.00 in a research note to investors on Tuesday, October 8th. They now have an “underweight” rating on the stock. On a related note, analysts at Sterne Agee upgraded shares of Umpqua Holdings Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Monday, October 7th. They now have a $19.00 price target on the stock, up previously from $17.50. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of Umpqua Holdings Corp. from $17.00 to $18.00 in a research note to investors on Thursday, September 26th. They now have a “market perform” rating on the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the stock. Umpqua Holdings Corp. presently has an average rating of “Hold” and a consensus price target of $17.46.
Umpqua Holdings Corporation (NASDAQ:UMPQ) is a financial holding company.
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