Umpqua Holdings Corporation (UMPQ) Scheduled to Post Quarterly Earnings on Wednesday

Umpqua Holdings Corporation (NASDAQ:UMPQ) will be issuing its quarterly earnings data after the market closes on Wednesday, July 19th. Analysts expect the company to announce earnings of $0.27 per share for the quarter.

Umpqua Holdings Corporation (NASDAQ:UMPQ) last issued its quarterly earnings data on Wednesday, April 19th. The bank reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.26 by $0.05. Umpqua Holdings Corporation had a return on equity of 6.25% and a net margin of 19.04%. The business had revenue of $266.95 million during the quarter, compared to analyst estimates of $279.30 million. During the same quarter last year, the firm earned $0.29 EPS. On average, analysts expect Umpqua Holdings Corporation to post $1.06 EPS for the current fiscal year and $1.23 EPS for the next fiscal year.

Shares of Umpqua Holdings Corporation (NASDAQ UMPQ) opened at 18.51 on Tuesday. The firm has a market cap of $4.08 billion, a PE ratio of 17.80 and a beta of 1.11. Umpqua Holdings Corporation has a 52 week low of $14.77 and a 52 week high of $19.50. The firm has a 50-day moving average of $17.83 and a 200 day moving average of $18.14.

The firm also recently announced a quarterly dividend, which was paid on Monday, July 17th. Shareholders of record on Friday, June 30th were given a dividend of $0.16 per share. The ex-dividend date was Wednesday, June 28th. This represents a $0.64 dividend on an annualized basis and a yield of 3.46%. Umpqua Holdings Corporation’s dividend payout ratio is presently 60.95%.

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In related news, CFO Ron L. Farnsworth sold 8,365 shares of the firm’s stock in a transaction that occurred on Monday, April 24th. The shares were sold at an average price of $17.93, for a total value of $149,984.45. Following the sale, the chief financial officer now directly owns 190,355 shares of the company’s stock, valued at $3,413,065.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.52% of the company’s stock.

A number of equities analysts have weighed in on UMPQ shares. Keefe, Bruyette & Woods set a $20.00 target price on shares of Umpqua Holdings Corporation and gave the stock a “hold” rating in a research report on Thursday, June 8th. BidaskClub upgraded shares of Umpqua Holdings Corporation from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 10th. Zacks Investment Research upgraded shares of Umpqua Holdings Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, March 30th. ValuEngine downgraded shares of Umpqua Holdings Corporation from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, Wedbush began coverage on shares of Umpqua Holdings Corporation in a report on Wednesday, June 28th. They issued a “neutral” rating and a $20.00 price target on the stock. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. Umpqua Holdings Corporation has a consensus rating of “Hold” and an average target price of $19.83.

Umpqua Holdings Corporation 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.

Earnings History for Umpqua Holdings Corporation (NASDAQ:UMPQ)

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