Umpqua Holdings Corporation (NASDAQ:UMPQ) – Research analysts at DA Davidson lifted their FY2017 earnings estimates for shares of Umpqua Holdings Corporation in a research note issued to investors on Friday. DA Davidson analyst J. Rulis now expects that the bank will post earnings per share of $1.04 for the year, up from their prior forecast of $1.00. DA Davidson also issued estimates for Umpqua Holdings Corporation’s Q4 2017 earnings at $0.29 EPS, Q1 2018 earnings at $0.29 EPS, Q2 2018 earnings at $0.31 EPS, Q3 2018 earnings at $0.33 EPS, Q4 2018 earnings at $0.32 EPS, FY2018 earnings at $1.25 EPS and FY2019 earnings at $1.40 EPS.

Other analysts have also recently issued research reports about the stock. Zacks Investment Research raised shares of Umpqua Holdings Corporation from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research report on Tuesday, July 25th. ValuEngine raised shares of Umpqua Holdings Corporation from a “hold” rating to a “buy” rating in a research report on Monday, September 18th. SunTrust Banks, Inc. started coverage on shares of Umpqua Holdings Corporation in a research report on Friday, August 18th. They set a “buy” rating and a $20.00 price target on the stock. Barclays PLC increased their price target on shares of Umpqua Holdings Corporation from $19.00 to $20.00 and gave the stock an “equal weight” rating in a research report on Friday. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $20.00 price target on shares of Umpqua Holdings Corporation in a research report on Monday, October 16th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company. Umpqua Holdings Corporation has a consensus rating of “Hold” and a consensus target price of $19.72.

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Umpqua Holdings Corporation (NASDAQ UMPQ) opened at 20.57 on Monday. The firm’s 50-day moving average is $19.04 and its 200-day moving average is $18.19. Umpqua Holdings Corporation has a 52-week low of $14.77 and a 52-week high of $20.97. The stock has a market cap of $4.53 billion, a P/E ratio of 19.41 and a beta of 1.14.

Umpqua Holdings Corporation (NASDAQ:UMPQ) last posted its earnings results on Wednesday, October 18th. The bank reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). The business had revenue of $295.87 million for the quarter, compared to analysts’ expectations of $297.51 million. Umpqua Holdings Corporation had a net margin of 19.04% and a return on equity of 5.79%. During the same period last year, the business posted $0.28 EPS.

Institutional investors and hedge funds have recently bought and sold shares of the business. Ffcm LLC grew its holdings in Umpqua Holdings Corporation by 150.1% in the 2nd quarter. Ffcm LLC now owns 6,093 shares of the bank’s stock valued at $114,000 after buying an additional 3,657 shares during the period. Huntington National Bank grew its holdings in shares of Umpqua Holdings Corporation by 30.6% during the 2nd quarter. Huntington National Bank now owns 7,185 shares of the bank’s stock worth $132,000 after purchasing an additional 1,685 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Umpqua Holdings Corporation by 8.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,838 shares of the bank’s stock worth $144,000 after purchasing an additional 632 shares during the period. HighTower Advisors LLC purchased a new stake in shares of Umpqua Holdings Corporation during the 2nd quarter worth about $203,000. Finally, Raymond James Trust N.A. purchased a new stake in shares of Umpqua Holdings Corporation during the 2nd quarter worth about $206,000. Institutional investors own 87.77% of the company’s stock.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Saturday, September 30th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 3.50%. The ex-dividend date of this dividend was Thursday, September 28th. This is a boost from Umpqua Holdings Corporation’s previous quarterly dividend of $0.16. Umpqua Holdings Corporation’s dividend payout ratio (DPR) is currently 67.93%.

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.

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

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