United Bankshares (UBSI) to Release Earnings on Monday

United Bankshares (NASDAQ:UBSI) is scheduled to be releasing its earnings data before the market opens on Monday, January 29th. Analysts expect United Bankshares to post earnings of $0.52 per share for the quarter.

United Bankshares (NASDAQ:UBSI) last announced its quarterly earnings data on Thursday, October 26th. The financial services provider reported $0.54 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.55 by ($0.01). United Bankshares had a return on equity of 6.25% and a net margin of 24.94%. The firm had revenue of $188.51 million for the quarter, compared to the consensus estimate of $193.87 million. During the same quarter last year, the business earned $0.54 earnings per share. The business’s revenue for the quarter was up 44.9% compared to the same quarter last year. On average, analysts expect United Bankshares to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

United Bankshares (UBSI) opened at $36.80 on Monday. United Bankshares has a one year low of $31.70 and a one year high of $46.35. The stock has a market capitalization of $3,863.71, a price-to-earnings ratio of 19.37, a P/E/G ratio of 1.51 and a beta of 1.05. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.04 and a current ratio of 1.06.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Friday, December 8th were paid a dividend of $0.34 per share. The ex-dividend date of this dividend was Thursday, December 7th. This is a boost from United Bankshares’s previous quarterly dividend of $0.33. This represents a $1.36 annualized dividend and a yield of 3.70%. United Bankshares’s dividend payout ratio (DPR) is 71.58%.

Several brokerages recently issued reports on UBSI. Boenning Scattergood restated a “hold” rating on shares of United Bankshares in a research note on Friday, October 27th. Zacks Investment Research upgraded United Bankshares from a “hold” rating to a “strong-buy” rating and set a $42.00 price objective on the stock in a research note on Saturday, January 13th. BidaskClub upgraded United Bankshares from a “sell” rating to a “hold” rating in a research note on Wednesday, December 20th. Finally, Sandler O’Neill set a $38.00 price objective on United Bankshares and gave the stock a “hold” rating in a research note on Thursday, January 4th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a strong buy rating to the stock. United Bankshares has a consensus rating of “Hold” and a consensus target price of $42.25.

WARNING: “United Bankshares (UBSI) to Release Earnings on Monday” was published by American Banking News and is the sole property of of American Banking News. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States and international copyright laws. The original version of this piece can be accessed at https://www.americanbankingnews.com/2018/01/22/united-bankshares-ubsi-to-release-earnings-on-monday.html.

United Bankshares Company Profile

United Bankshares, Inc (United) is a bank holding company. The Company operates through community banking segment. United’s Banking Subsidiaries offer a range of commercial and retail banking services and products. United, through its subsidiaries, engages in community banking and offers banking products and services permitted by law and regulation.

Earnings History for United Bankshares (NASDAQ:UBSI)

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

Leave a Reply