Brokerages expect Umpqua Holdings Corporation (NASDAQ:UMPQ) to announce $296.92 million in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Umpqua Holdings Corporation’s earnings, with estimates ranging from $289.24 million to $300.00 million. Umpqua Holdings Corporation reported sales of $290.60 million in the same quarter last year, which indicates a positive year over year growth rate of 2.2%. The company is scheduled to announce its next quarterly earnings report on Wednesday, October 18th.

On average, analysts expect that Umpqua Holdings Corporation will report full-year sales of $296.92 million for the current fiscal year, with estimates ranging from $1.12 billion to $1.16 billion. For the next financial year, analysts anticipate that the firm will post sales of $1.22 billion per share, with estimates ranging from $1.20 billion to $1.25 billion. Zacks’ sales averages are a mean average based on a survey of research firms that that provide coverage for Umpqua Holdings Corporation.

Umpqua Holdings Corporation (NASDAQ:UMPQ) last announced its quarterly earnings data on Wednesday, July 19th. The bank reported $0.26 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by $0.01. The firm had revenue of $283.20 million during the quarter, compared to the consensus estimate of $285.71 million. Umpqua Holdings Corporation had a return on equity of 5.92% and a net margin of 19.22%. During the same period in the previous year, the business earned $0.25 EPS.

Several equities analysts have weighed in on UMPQ shares. Zacks Investment Research upgraded shares of Umpqua Holdings Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, April 19th. Stephens reiterated a “hold” rating on shares of Umpqua Holdings Corporation in a report on Wednesday, April 19th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $20.00 target price on shares of Umpqua Holdings Corporation in a report on Tuesday, May 9th. ValuEngine lowered shares of Umpqua Holdings Corporation from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, BidaskClub upgraded shares of Umpqua Holdings Corporation from a “strong sell” rating to a “sell” rating in a report on Saturday, June 10th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. Umpqua Holdings Corporation currently has a consensus rating of “Hold” and a consensus target price of $19.86.

Institutional investors have recently modified their holdings of the company. Quadrature Capital Ltd bought a new position in shares of Umpqua Holdings Corporation during the fourth quarter valued at approximately $242,000. Capstone Asset Management Co. raised its position in shares of Umpqua Holdings Corporation by 1.3% in the first quarter. Capstone Asset Management Co. now owns 18,532 shares of the bank’s stock valued at $329,000 after buying an additional 230 shares in the last quarter. Alpha Windward LLC raised its position in shares of Umpqua Holdings Corporation by 1,398.9% in the first quarter. Alpha Windward LLC now owns 27,130 shares of the bank’s stock valued at $481,000 after buying an additional 25,320 shares in the last quarter. Louisiana State Employees Retirement System raised its position in shares of Umpqua Holdings Corporation by 2.2% in the first quarter. Louisiana State Employees Retirement System now owns 55,600 shares of the bank’s stock valued at $986,000 after buying an additional 1,200 shares in the last quarter. Finally, Legato Capital Management LLC raised its position in shares of Umpqua Holdings Corporation by 1,674.0% in the first quarter. Legato Capital Management LLC now owns 59,642 shares of the bank’s stock valued at $3,362,000 after buying an additional 56,280 shares in the last quarter. Hedge funds and other institutional investors own 87.64% of the company’s stock.

Shares of Umpqua Holdings Corporation (NASDAQ:UMPQ) opened at 17.30 on Friday. Umpqua Holdings Corporation has a 52 week low of $14.78 and a 52 week high of $19.50. The firm has a 50-day moving average of $18.47 and a 200 day moving average of $18.09. The company has a market cap of $3.81 billion, a P/E ratio of 16.32 and a beta of 1.11.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. Stockholders of record on Friday, June 30th were issued a $0.16 dividend. The ex-dividend date was Wednesday, June 28th. This represents a $0.64 annualized dividend and a dividend yield of 3.70%. Umpqua Holdings Corporation’s dividend payout ratio is currently 60.38%.

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About Umpqua Holdings Corporation

Umpqua Holdings Corporation is a bank holding company. The Company’s principal operating subsidiaries include Umpqua Bank (the Bank) and Umpqua Investments, Inc (Umpqua Investments). It operates through two segments: Community Banking and Home Lending. The Community Banking segment’s principal business focus is the offering of loan and deposit products to business and retail customers in its primary market areas.

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Earnings History and Estimates for Umpqua Holdings Corporation (NASDAQ:UMPQ)

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