News coverage about Union Bankshares (NASDAQ:UBSH) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Union Bankshares earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 46.4745216417836 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Several equities research analysts have recently weighed in on the company. ValuEngine cut Union Bankshares from a “buy” rating to a “hold” rating in a research note on Tuesday, October 10th. Zacks Investment Research cut Union Bankshares from a “hold” rating to a “sell” rating in a research note on Saturday, October 21st. Finally, Brean Capital reaffirmed a “hold” rating on shares of Union Bankshares in a research note on Tuesday, October 24th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Union Bankshares presently has an average rating of “Buy” and a consensus target price of $39.33.
Shares of Union Bankshares (UBSH) opened at $35.01 on Monday. Union Bankshares has a one year low of $29.50 and a one year high of $39.37. The company has a market capitalization of $1,531.06, a P/E ratio of 18.72 and a beta of 1.25. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.94 and a current ratio of 0.94.
Union Bankshares (NASDAQ:UBSH) last released its earnings results on Wednesday, October 18th. The financial services provider reported $0.49 EPS for the quarter, hitting the consensus estimate of $0.49. Union Bankshares had a return on equity of 7.98% and a net margin of 20.02%. The business had revenue of $88.73 million during the quarter, compared to analysts’ expectations of $91.68 million. analysts forecast that Union Bankshares will post 1.87 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, November 27th. Investors of record on Monday, November 13th will be paid a dividend of $0.21 per share. The ex-dividend date is Friday, November 10th. This represents a $0.84 annualized dividend and a yield of 2.40%. This is a boost from Union Bankshares’s previous quarterly dividend of $0.20. Union Bankshares’s dividend payout ratio (DPR) is currently 46.67%.
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About Union Bankshares
Union Bankshares Corporation is a financial holding company and bank holding company. The Company operates through two segments: a community bank segment and mortgage loan origination business segment. The Company offers financial services through its community bank subsidiary, Union Bank & Trust (the Bank) and three non-bank financial services affiliates.
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