USCB Financial Holdings, Inc. (NASDAQ:USCB) Given Average Recommendation of "Buy" by Brokerages

Key Points

• USCB Financial has an average analyst rating of Buy from five brokerages (1 hold, 3 buy, 1 strong buy) with an average 12‑month price target of $22.00.
• In the most recent quarter USCB reported EPS of $0.47, missing estimates by $0.01 while revenue of $26.18M slightly beat forecasts; analysts expect about 2.02 EPS for the current fiscal year.
• The company announced a quarterly dividend of $0.125 (annualized $0.50, yield 2.6%) and executives recently sold shares, although insiders still own roughly 49.5% of the stock.

USCB Financial Holdings, Inc. (NASDAQ:USCB - Get Free Report) has received an average rating of "Buy" from the five brokerages that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $22.00.

A number of brokerages have weighed in on USCB. Weiss Ratings reaffirmed a "buy (b)" rating on shares of USCB Financial in a research note on Monday, December 29th. Wall Street Zen downgraded shares of USCB Financial from a "hold" rating to a "sell" rating in a research note on Saturday. Finally, Zacks Research raised shares of USCB Financial from a "strong sell" rating to a "hold" rating in a research note on Monday, March 30th.

USCB Financial Price Performance

NASDAQ:USCB opened at $19.12 on Friday. The firm has a market cap of $349.07 million, a PE ratio of 13.37 and a beta of 0.60. USCB Financial has a 12 month low of $15.56 and a 12 month high of $20.78. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.91. The company's 50-day moving average price is $19.04 and its two-hundred day moving average price is $18.63.

USCB Financial (NASDAQ:USCB - Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The company reported $0.47 EPS for the quarter, missing analysts' consensus estimates of $0.48 by ($0.01). USCB Financial had a net margin of 17.04% and a return on equity of 15.44%. The firm had revenue of $26.18 million during the quarter, compared to analyst estimates of $25.95 million. On average, equities analysts anticipate that USCB Financial will post 2.02 EPS for the current fiscal year.

USCB Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 15th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.6%. USCB Financial's payout ratio is currently 34.97%.

Insider Transactions at USCB Financial

In other USCB Financial news, EVP Andres Collazo sold 8,000 shares of the business's stock in a transaction dated Saturday, March 7th. The shares were sold at an average price of $18.27, for a total value of $146,160.00. Following the completion of the transaction, the executive vice president directly owned 32,950 shares of the company's stock, valued at approximately $601,996.50. The trade was a 19.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO La Aguilera Luis De sold 10,000 shares of the business's stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $18.02, for a total transaction of $180,200.00. Following the completion of the transaction, the chief executive officer directly owned 245,893 shares of the company's stock, valued at approximately $4,430,991.86. This represents a 3.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 49.50% of the company's stock.

Institutional Investors Weigh In On USCB Financial

Institutional investors and hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC raised its stake in shares of USCB Financial by 60.1% during the fourth quarter. NewEdge Advisors LLC now owns 1,700 shares of the company's stock worth $31,000 after buying an additional 638 shares during the last quarter. Russell Investments Group Ltd. raised its stake in shares of USCB Financial by 66.2% during the third quarter. Russell Investments Group Ltd. now owns 2,217 shares of the company's stock worth $39,000 after buying an additional 883 shares during the last quarter. BNP Paribas Financial Markets raised its stake in shares of USCB Financial by 100.3% during the third quarter. BNP Paribas Financial Markets now owns 3,703 shares of the company's stock worth $65,000 after buying an additional 1,854 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of USCB Financial by 2,081.3% during the second quarter. Tower Research Capital LLC TRC now owns 4,210 shares of the company's stock worth $70,000 after buying an additional 4,017 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of USCB Financial during the fourth quarter worth approximately $100,000. 61.34% of the stock is owned by institutional investors.

USCB Financial Company Profile

USCB Financial NASDAQ: USCB is a bank holding company headquartered in Columbia, South Carolina, serving as the parent company of United Security Bank. Established to support community banking in the Midlands region, the company focuses on relationship-driven financial services tailored to both individuals and businesses. As a regional player, USCB Financial emphasizes personalized service through a network of full-service branch offices.

The company’s core business activities include commercial and consumer lending, deposit products and alternative delivery channels.

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