Analysts expect Umpqua Holdings Corporation (NASDAQ:UMPQ) to report earnings of $0.29 per share for the current fiscal quarter, Zacks reports. Six analysts have made estimates for Umpqua’s earnings, with the highest EPS estimate coming in at $0.30 and the lowest estimate coming in at $0.27. Umpqua posted earnings per share of $0.31 in the same quarter last year, which indicates a negative year over year growth rate of 6.5%. The company is scheduled to issue its next earnings report after the market closes on Tuesday, January 23rd.

According to Zacks, analysts expect that Umpqua will report full-year earnings of $1.03 per share for the current fiscal year, with EPS estimates ranging from $1.01 to $1.05. For the next fiscal year, analysts anticipate that the business will report earnings of $1.23 per share, with EPS estimates ranging from $1.20 to $1.27. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Umpqua.

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

UMPQ has been the topic of several analyst reports. Wells Fargo & Co boosted their price objective on shares of Umpqua from $18.00 to $20.00 and gave the stock a “market perform” rating in a research note on Friday, October 20th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $20.00 price objective on shares of Umpqua in a research note on Monday, October 16th. SunTrust Banks reissued a “buy” rating and issued a $23.00 price objective on shares of Umpqua in a research note on Monday, November 6th. Piper Jaffray Companies reissued a “sell” rating and issued a $16.50 price objective on shares of Umpqua in a research note on Wednesday, October 4th. Finally, ValuEngine upgraded shares of Umpqua from a “hold” rating to a “buy” rating in a report on Monday, September 18th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $20.94.

In other news, insider Raymond P. Davis sold 36,829 shares of the company’s stock in a transaction dated Thursday, October 26th. The shares were sold at an average price of $20.60, for a total transaction of $758,677.40. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.52% of the stock is currently owned by corporate insiders.

Large investors have recently bought and sold shares of the company. Ffcm LLC grew its position in Umpqua by 150.1% in the 2nd quarter. Ffcm LLC now owns 6,093 shares of the bank’s stock worth $114,000 after purchasing an additional 3,657 shares in the last quarter. Zions Bancorporation bought a new stake in Umpqua in the 3rd quarter worth about $121,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Umpqua by 8.8% in 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 in the last quarter. HighTower Advisors LLC bought a new stake in Umpqua in the 2nd quarter worth about $203,000. Finally, Raymond James Trust N.A. bought a new stake in Umpqua in the 2nd quarter worth about $206,000. 88.15% of the stock is owned by institutional investors.

Shares of Umpqua (NASDAQ:UMPQ) opened at $21.26 on Friday. The company has a quick ratio of 0.96, a current ratio of 0.98 and a debt-to-equity ratio of 0.31. Umpqua has a one year low of $16.65 and a one year high of $22.86. The firm has a market cap of $4,680.00, a price-to-earnings ratio of 20.06, a P/E/G ratio of 2.00 and a beta of 1.14.

The business also recently disclosed a dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th will be issued a dividend of $0.18 per share. The ex-dividend date is Thursday, December 28th. Umpqua’s dividend payout ratio is currently 67.92%.

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Umpqua Company Profile

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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