United Community Banks, Inc. (NASDAQ:UCBI) will be releasing its earnings data before the market opens on Wednesday, July 26th. Analysts expect United Community Banks to post earnings of $0.40 per share for the quarter.

United Community Banks (NASDAQ:UCBI) last released its earnings results on Wednesday, April 26th. The financial services provider reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.01. The business had revenue of $104.83 million for the quarter, compared to the consensus estimate of $104.30 million. United Community Banks had a return on equity of 10.28% and a net margin of 23.03%. The business’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.33 earnings per share. On average, analysts expect United Community Banks to post $1.62 EPS for the current fiscal year and $1.86 EPS for the next fiscal year.

United Community Banks, Inc. (NASDAQ UCBI) opened at 28.25 on Wednesday. The stock has a market cap of $2.01 billion, a P/E ratio of 19.91 and a beta of 0.88. United Community Banks, Inc. has a 52-week low of $18.78 and a 52-week high of $30.47. The stock has a 50 day moving average price of $26.94 and a 200 day moving average price of $27.90.

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 5th. Investors of record on Thursday, June 15th were paid a $0.09 dividend. The ex-dividend date was Tuesday, June 13th. This represents a $0.36 dividend on an annualized basis and a yield of 1.27%. This is a positive change from United Community Banks’s previous quarterly dividend of $0.08. United Community Banks’s dividend payout ratio is presently 25.35%.

ILLEGAL ACTIVITY NOTICE: “United Community Banks, Inc. (UCBI) to Release Earnings on Wednesday” was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another website, it was stolen and reposted in violation of U.S. & international copyright legislation. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/07/19/united-community-banks-inc-ucbi-to-release-earnings-on-wednesday.html.

A number of equities research analysts recently issued reports on UCBI shares. Zacks Investment Research lowered United Community Banks from a “buy” rating to a “hold” rating in a research note on Wednesday, May 3rd. Keefe, Bruyette & Woods set a $30.00 target price on United Community Banks and gave the company a “hold” rating in a research note on Monday, April 10th. BidaskClub lowered United Community Banks from a “buy” rating to a “hold” rating in a research note on Thursday, July 13th. ValuEngine raised United Community Banks from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Finally, Hovde Group raised United Community Banks from a “market perform” rating to an “outperform” rating and set a $31.00 target price on the stock in a research note on Wednesday, May 3rd. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $31.00.

About United Community Banks

United Community Banks, Inc (United) is a bank holding company. United conducts its operations through a community-focused operating model of separate community banks, which, as of December 31, 2016, operated at 139 locations throughout the Atlanta-Sandy Springs-Roswell, Georgia, and Gainesville, Georgia metropolitan statistical areas, upstate and coastal South Carolina, north and coastal Georgia, western North Carolina, and east Tennessee.

Earnings History for United Community Banks (NASDAQ:UCBI)

Receive News & Ratings for United Community Banks Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Community Banks Inc. and related companies with MarketBeat.com's FREE daily email newsletter.