United Microelectronics Corporation (NYSE:UMC - Free Report) - Investment analysts at Wedbush raised their Q3 2026 earnings per share (EPS) estimates for shares of United Microelectronics in a research note issued to investors on Wednesday, July 30th. Wedbush analyst M. Bryson now expects that the semiconductor company will post earnings per share of $0.14 for the quarter, up from their prior estimate of $0.13. Wedbush currently has a "Neutral" rating on the stock. The consensus estimate for United Microelectronics' current full-year earnings is $0.51 per share.
Separately, The Goldman Sachs Group reaffirmed a "sell" rating on shares of United Microelectronics in a research report on Friday, May 23rd. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $7.40.
Check Out Our Latest Stock Report on United Microelectronics
United Microelectronics Trading Down 0.4%
Shares of NYSE:UMC traded down $0.03 during midday trading on Thursday, reaching $6.81. 11,873,102 shares of the company's stock were exchanged, compared to its average volume of 6,787,415. The stock has a market cap of $17.11 billion, a price-to-earnings ratio of 13.90, a P/E/G ratio of 4.11 and a beta of 1.01. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.77 and a quick ratio of 2.15. The firm's 50 day simple moving average is $7.66 and its two-hundred day simple moving average is $7.02. United Microelectronics has a fifty-two week low of $5.61 and a fifty-two week high of $8.95.
United Microelectronics Increases Dividend
The company also recently announced an annual dividend, which was paid on Wednesday, July 23rd. Investors of record on Tuesday, June 24th were paid a dividend of $0.3661 per share. The ex-dividend date was Tuesday, June 24th. This is a positive change from United Microelectronics's previous annual dividend of $0.36. This represents a dividend yield of 460.0%. United Microelectronics's payout ratio is currently 75.51%.
Institutional Trading of United Microelectronics
A number of large investors have recently made changes to their positions in the company. May Hill Capital LLC purchased a new stake in shares of United Microelectronics during the second quarter worth approximately $95,000. Y Intercept Hong Kong Ltd increased its stake in shares of United Microelectronics by 84.4% during the second quarter. Y Intercept Hong Kong Ltd now owns 970,407 shares of the semiconductor company's stock worth $7,424,000 after buying an additional 444,106 shares during the period. Resonant Capital Advisors LLC purchased a new stake in shares of United Microelectronics during the second quarter worth approximately $119,000. Wealthstream Advisors Inc. boosted its holdings in United Microelectronics by 53.1% in the second quarter. Wealthstream Advisors Inc. now owns 25,205 shares of the semiconductor company's stock valued at $193,000 after purchasing an additional 8,740 shares in the last quarter. Finally, Ritholtz Wealth Management increased its stake in United Microelectronics by 2.4% in the second quarter. Ritholtz Wealth Management now owns 87,663 shares of the semiconductor company's stock valued at $671,000 after purchasing an additional 2,020 shares during the last quarter. 5.05% of the stock is currently owned by hedge funds and other institutional investors.
United Microelectronics Company Profile
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United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers.
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