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.
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.
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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.
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