DA Davidson Has Negative Outlook for UCB FY2026 Earnings

United Community Banks, Inc. (NASDAQ:UCB) – Analysts at DA Davidson lowered their FY2026 EPS estimates for shares of United Community Banks in a report released on Wednesday, April 2nd. DA Davidson analyst G. Tenner now expects that the company will earn $2.74 per share for the year, down from their previous estimate of $2.79. The consensus estimate for United Community Banks’ current full-year earnings is $2.52 per share.

Several other equities analysts also recently weighed in on the company. Raymond James raised United Community Banks from a “market perform” rating to an “outperform” rating and set a $35.00 target price on the stock in a research report on Thursday, December 19th. Hovde Group reduced their target price on shares of United Community Banks from $36.00 to $32.00 and set a “market perform” rating on the stock in a research note on Thursday, March 20th. Finally, Piper Sandler raised their target price on shares of United Community Banks from $32.00 to $35.00 and gave the stock a “neutral” rating in a report on Thursday, January 23rd.

United Community Banks Trading Down 5.0 %

Shares of NASDAQ UCB opened at $24.18 on Thursday. The stock has a market capitalization of $2.89 billion, a P/E ratio of 11.85 and a beta of 0.80. United Community Banks has a 1-year low of $23.41 and a 1-year high of $35.38. The business’s 50 day moving average is $30.75 and its two-hundred day moving average is $30.97. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.78 and a quick ratio of 0.78.

United Community Banks Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, March 14th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 3.97%. The ex-dividend date of this dividend was Friday, March 14th. United Community Banks’s dividend payout ratio (DPR) is presently 47.06%.

Insiders Place Their Bets

In related news, EVP Richard Bradshaw sold 1,527 shares of the stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $32.72, for a total value of $49,963.44. Following the transaction, the executive vice president now owns 67,876 shares of the company’s stock, valued at $2,220,902.72. This represents a 2.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sally Pope Davis acquired 1,800 shares of United Community Banks stock in a transaction on Tuesday, March 11th. The shares were purchased at an average price of $28.19 per share, for a total transaction of $50,742.00. Following the completion of the acquisition, the director now directly owns 3,264 shares in the company, valued at $92,012.16. This trade represents a 122.95 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On United Community Banks

Hedge funds have recently modified their holdings of the business. Nomura Asset Management Co. Ltd. purchased a new stake in shares of United Community Banks during the 4th quarter worth $31,000. Versant Capital Management Inc purchased a new stake in shares of United Community Banks during the first quarter valued at about $37,000. Public Employees Retirement System of Ohio purchased a new stake in shares of United Community Banks during the fourth quarter valued at about $42,000. Quadrant Capital Group LLC bought a new stake in shares of United Community Banks in the 4th quarter valued at about $45,000. Finally, MassMutual Private Wealth & Trust FSB purchased a new position in shares of United Community Banks in the 1st quarter worth approximately $45,000. Hedge funds and other institutional investors own 82.29% of the company’s stock.

United Community Banks Company Profile

United Community Banks, Inc operates as the financial holding company for United Community Bank that provides financial products and services to commercial, retail, government, education, energy, health care, and real estate sectors. It accepts various deposit products, including checking, savings, money market, and other deposit accounts.