USCB Financial Holdings, Inc. (NASDAQ:USCB) Receives Consensus Rating of "Buy" from Analysts

Key Points

• USCB Financial has a consensus “Buy” rating from five analysts, with two buy ratings, two strong-buy ratings and one hold rating. The average 12-month price target is $23.67, above the reported $21.97 share price.
• The company’s latest quarterly results met EPS expectations at $0.49 and exceeded revenue estimates, reporting $27.95 million versus the $26.74 million consensus.
• USCB Financial declared a quarterly dividend of $0.125, equivalent to an annualized $0.50 payout and a 2.3% yield. Insiders sold 198,122 shares worth approximately $3.6 million over the past 90 days.

Shares of USCB Financial Holdings, Inc. (NASDAQ:USCB - Get Free Report) have earned an average recommendation of "Buy" from the five analysts that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is $23.6667.

A number of equities research analysts recently issued reports on USCB shares. Raymond James Financial reissued a "strong-buy" rating on shares of USCB Financial in a research report on Monday, April 27th. Zacks Research upgraded USCB Financial from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 28th. Wall Street Zen raised USCB Financial from a "hold" rating to a "buy" rating in a report on Tuesday, July 28th. Hovde Group raised their price target on USCB Financial from $20.00 to $22.00 and gave the stock a "market perform" rating in a research report on Monday, July 27th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of USCB Financial in a research note on Friday, May 29th.

USCB Financial Price Performance

Shares of USCB Financial stock opened at $21.97 on Monday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $401.17 million, a price-to-earnings ratio of 14.45 and a beta of 0.50. USCB Financial has a twelve month low of $16.06 and a twelve month high of $23.74. The company has a 50-day simple moving average of $19.92 and a two-hundred day simple moving average of $19.34.

USCB Financial (NASDAQ:USCB - Get Free Report) last announced its earnings results on Thursday, July 23rd. The company reported $0.49 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.49. USCB Financial had a net margin of 17.24% and a return on equity of 16.07%. The firm had revenue of $27.95 million for the quarter, compared to analyst estimates of $26.74 million. Analysts forecast that USCB Financial will post 2.09 EPS for the current year.

USCB Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 17th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Monday, August 17th. USCB Financial's dividend payout ratio (DPR) is currently 32.89%.

Insider Activity at USCB Financial

In other USCB Financial news, CEO La Aguilera Luis De sold 49,414 shares of the company's stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $18.30, for a total transaction of $904,276.20. Following the completion of the sale, the chief executive officer directly owned 242,945 shares in the company, valued at $4,445,893.50. This represents a 16.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ramon Abadin sold 9,000 shares of USCB Financial stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $18.21, for a total value of $163,890.00. Following the completion of the transaction, the director owned 24,561 shares in the company, valued at approximately $447,255.81. The trade was a 26.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 198,122 shares of company stock valued at $3,601,592 over the last 90 days. Corporate insiders own 27.40% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC raised its stake in USCB Financial by 1.7% during the second quarter. Geode Capital Management LLC now owns 248,716 shares of the company's stock worth $4,114,000 after acquiring an additional 4,242 shares in the last quarter. Hsbc Holdings PLC boosted its stake in shares of USCB Financial by 25.9% in the 2nd quarter. Hsbc Holdings PLC now owns 32,875 shares of the company's stock valued at $546,000 after purchasing an additional 6,770 shares in the last quarter. First Trust Advisors LP acquired a new stake in shares of USCB Financial in the 2nd quarter valued at approximately $212,000. Gabelli Funds LLC bought a new stake in shares of USCB Financial during the 2nd quarter valued at approximately $563,000. Finally, Alliancebernstein L.P. grew its holdings in shares of USCB Financial by 9.0% during the 2nd quarter. Alliancebernstein L.P. now owns 973,088 shares of the company's stock valued at $16,095,000 after purchasing an additional 79,983 shares during the last quarter. Institutional investors own 61.34% of the company's stock.

About USCB Financial

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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