United Community Banks (UCBI) Receiving Somewhat Favorable News Coverage, Analysis Finds
News headlines about United Community Banks (NASDAQ:UCBI) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. United Community Banks earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.9863843425987 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern’s scoring:
- Brokers Offer Predictions for United Community Banks, Inc.’s Q1 2018 Earnings (UCBI) (americanbankingnews.com)
- Equities Analysts Issue Forecasts for United Community Banks, Inc.’s Q4 2018 Earnings (UCBI) (americanbankingnews.com)
- KBRA Comments on United Community Banks, Inc.’s Proposed Subordinated Note Issuance (markets.financialcontent.com)
- United Community Banks, Inc. Announces Subordinated Notes Offering (finance.yahoo.com)
- United Community Banks, Inc. and NLFC Holdings Corp., the Parent of Navitas Credit Corp., Announce Merger Agreement (markets.financialcontent.com)
Shares of United Community Banks (NASDAQ UCBI) opened at $29.91 on Thursday. The stock has a market capitalization of $2,230.00, a price-to-earnings ratio of 20.35 and a beta of 0.89. United Community Banks has a 12-month low of $24.47 and a 12-month high of $30.37. The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 0.52.
The company also recently disclosed a quarterly dividend, which was paid on Friday, January 5th. Investors of record on Friday, December 15th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $0.40 dividend on an annualized basis and a yield of 1.34%. United Community Banks’s payout ratio is 27.21%.
Several analysts have recently commented on UCBI shares. Zacks Investment Research raised United Community Banks from a “hold” rating to a “buy” rating and set a $30.00 target price for the company in a research report on Wednesday, September 27th. SunTrust Banks reaffirmed a “buy” rating and issued a $33.00 target price on shares of United Community Banks in a research report on Thursday, October 12th. ValuEngine cut United Community Banks from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Finally, BidaskClub cut United Community Banks from a “buy” rating to a “hold” rating in a research report on Saturday, December 9th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. United Community Banks presently has a consensus rating of “Buy” and a consensus price target of $31.00.
United Community Banks Company Profile
United Community Banks, Inc (United) is a bank holding company. United conducts its operations through a community-focused operating model of separate community banks, which, as of December 31, 2016, operated at 139 locations throughout the Atlanta-Sandy Springs-Roswell, Georgia, and Gainesville, Georgia metropolitan statistical areas, upstate and coastal South Carolina, north and coastal Georgia, western North Carolina, and east Tennessee.
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