Equities analysts expect that United Financial Bancorp, Inc. (NASDAQ:UBNK) will report earnings of $0.29 per share for the current quarter, according to Zacks. Zero analysts have issued estimates for United Financial Bancorp’s earnings. United Financial Bancorp posted earnings per share of $0.28 during the same quarter last year, which would indicate a positive year over year growth rate of 3.6%. The firm is scheduled to announce its next quarterly earnings report on Tuesday, October 17th.

On average, analysts expect that United Financial Bancorp will report full-year earnings of $1.16 per share for the current financial year. For the next financial year, analysts expect that the company will report earnings of $1.20 per share. Zacks Investment Research’s EPS averages are a mean average based on a survey of analysts that that provide coverage for United Financial Bancorp.

United Financial Bancorp (NASDAQ:UBNK) last released its earnings results on Tuesday, July 18th. The bank reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.06. United Financial Bancorp had a net margin of 22.95% and a return on equity of 8.89%. The company had revenue of $55.80 million for the quarter, compared to analysts’ expectations of $54.22 million. During the same quarter last year, the business earned $0.20 EPS.

Several research firms have commented on UBNK. Piper Jaffray Companies restated a “hold” rating and issued a $17.00 price objective on shares of United Financial Bancorp in a research report on Friday, July 14th. BidaskClub upgraded United Financial Bancorp from a “sell” rating to a “hold” rating in a research report on Monday. Keefe, Bruyette & Woods restated a “hold” rating and issued a $18.50 price objective on shares of United Financial Bancorp in a research report on Wednesday, April 5th. Finally, ValuEngine upgraded United Financial Bancorp from a “hold” rating to a “buy” rating in a research report on Wednesday, May 31st. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $17.33.

Large investors have recently added to or reduced their stakes in the company. Creative Planning raised its stake in United Financial Bancorp by 1.6% in the first quarter. Creative Planning now owns 32,175 shares of the bank’s stock valued at $547,000 after buying an additional 500 shares in the last quarter. Victory Capital Management Inc. raised its stake in United Financial Bancorp by 0.6% in the first quarter. Victory Capital Management Inc. now owns 119,303 shares of the bank’s stock valued at $2,030,000 after buying an additional 653 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in United Financial Bancorp by 10.3% in the first quarter. Janney Montgomery Scott LLC now owns 11,168 shares of the bank’s stock valued at $190,000 after buying an additional 1,044 shares in the last quarter. Patriot Financial Group Insurance Agency LLC raised its stake in United Financial Bancorp by 4.8% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 25,160 shares of the bank’s stock valued at $416,000 after buying an additional 1,155 shares in the last quarter. Finally, AlphaOne Investment Services LLC raised its stake in United Financial Bancorp by 2.4% in the first quarter. AlphaOne Investment Services LLC now owns 70,960 shares of the bank’s stock valued at $1,207,000 after buying an additional 1,660 shares in the last quarter. Institutional investors and hedge funds own 64.54% of the company’s stock.

Shares of United Financial Bancorp (UBNK) opened at 18.29 on Wednesday. The firm’s 50-day moving average is $17.15 and its 200-day moving average is $17.26. The company has a market cap of $918.47 million, a PE ratio of 15.78 and a beta of 0.63. United Financial Bancorp has a 1-year low of $13.01 and a 1-year high of $18.66.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 9th. Shareholders of record on Friday, July 28th will be given a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, July 26th. This represents a $0.48 annualized dividend and a yield of 2.62%. United Financial Bancorp’s dividend payout ratio is presently 41.38%.

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United Financial Bancorp Company Profile

United Financial Bancorp, Inc is a bank holding company. The Company, through its subsidiary United Bank (the Bank) and various subsidiaries, delivers financial services to individuals, families and businesses in Connecticut and Massachusetts, including retail, commercial and consumer banking, as well as financial advisory services.

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