United Bankshares (UBSI) Projected to Post Quarterly Earnings on Thursday

United Bankshares (NASDAQ:UBSI - Get Free Report) is expected to post its Q1 2025 quarterly earnings results before the market opens on Thursday, April 24th. Analysts expect United Bankshares to post earnings of $0.66 per share and revenue of $279.02 million for the quarter.

United Bankshares (NASDAQ:UBSI - Get Free Report) last announced its quarterly earnings data on Friday, January 24th. The financial services provider reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.01. United Bankshares had a return on equity of 7.60% and a net margin of 22.94%. During the same period in the previous year, the company earned $0.59 EPS. On average, analysts expect United Bankshares to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

United Bankshares Stock Up 3.0 %

Shares of UBSI traded up $0.98 during mid-day trading on Tuesday, reaching $33.93. The company's stock had a trading volume of 744,005 shares, compared to its average volume of 608,254. The company's 50 day moving average is $34.48 and its 200 day moving average is $37.48. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.98 and a quick ratio of 0.98. The stock has a market cap of $4.87 billion, a PE ratio of 12.38 and a beta of 0.91. United Bankshares has a 12-month low of $30.51 and a 12-month high of $44.43.

United Bankshares Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th were issued a $0.37 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 4.36%. United Bankshares's payout ratio is 54.01%.

Insider Buying and Selling at United Bankshares

In related news, Director Sara Dumond bought 2,600 shares of United Bankshares stock in a transaction that occurred on Monday, March 24th. The stock was purchased at an average cost of $35.01 per share, for a total transaction of $91,026.00. Following the acquisition, the director now owns 5,054 shares in the company, valued at $176,940.54. This trade represents a 105.95 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 3.66% of the company's stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in United Bankshares stock. Brighton Jones LLC increased its position in United Bankshares, Inc. (NASDAQ:UBSI - Free Report) by 4.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,873 shares of the financial services provider's stock after purchasing an additional 748 shares during the quarter. Brighton Jones LLC's holdings in United Bankshares were worth $634,000 as of its most recent SEC filing. Institutional investors and hedge funds own 70.80% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have commented on UBSI shares. Piper Sandler restated a "neutral" rating and set a $38.50 target price on shares of United Bankshares in a research report on Wednesday, March 12th. Keefe, Bruyette & Woods lowered their price objective on United Bankshares from $46.00 to $45.00 and set a "market perform" rating for the company in a research report on Monday, January 27th. StockNews.com lowered shares of United Bankshares from a "hold" rating to a "sell" rating in a report on Monday, January 27th. Finally, Stephens restated an "equal weight" rating and issued a $43.00 price target on shares of United Bankshares in a report on Monday, January 27th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $41.88.

United Bankshares Company Profile

United Bankshares, Inc, through its subsidiaries, primarily provides commercial and retail banking products and services in the United States. It operates through two segments, Community Banking and Mortgage Banking. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, and NOW accounts.