Wedbush Expects Lower Earnings for United Microelectronics

Key Points

• Wedbush has lowered its Q3 2025 earnings estimate for United Microelectronics to $0.12 per share, down from the previous estimate of $0.13, maintaining a "Neutral" rating on the stock.
• Goldman Sachs reaffirmed a "sell" rating on United Microelectronics, with the stock currently holding a consensus rating of "Hold" and a price target of $7.40.
• United Microelectronics recently declared an annual dividend of $0.3661 per share, representing a significant increase from the previous year, and implying a high dividend yield of 460.0%.

United Microelectronics Corporation (NYSE:UMC - Free Report) - Investment analysts at Wedbush dropped their Q3 2025 earnings per share (EPS) estimates for United Microelectronics in a research report issued to clients and investors on Wednesday, July 30th. Wedbush analyst M. Bryson now anticipates that the semiconductor company will post earnings per share of $0.12 for the quarter, down from their prior estimate of $0.13. Wedbush has a "Neutral" rating on the stock. The consensus estimate for United Microelectronics' current full-year earnings is $0.51 per share. Wedbush also issued estimates for United Microelectronics' Q4 2025 earnings at $0.10 EPS, FY2025 earnings at $0.43 EPS, Q1 2026 earnings at $0.09 EPS, Q2 2026 earnings at $0.11 EPS and FY2026 earnings at $0.48 EPS.

United Microelectronics (NYSE:UMC - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.02). The firm had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $61.88 billion. United Microelectronics had a net margin of 16.71% and a return on equity of 11.05%. During the same period in the prior year, the firm earned $0.17 earnings per share.

Separately, The Goldman Sachs Group reissued a "sell" rating on shares of United Microelectronics in a research note on Friday, May 23rd. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, United Microelectronics has a consensus rating of "Hold" and a consensus target price of $7.40.

United Microelectronics Price Performance

UMC traded up $0.01 during trading on Friday, reaching $6.82. The stock had a trading volume of 2,496,347 shares, compared to its average volume of 11,847,198. The firm has a market capitalization of $17.12 billion, a price-to-earnings ratio of 13.91, a price-to-earnings-growth ratio of 4.09 and a beta of 1.01. The company has a quick ratio of 1.46, a current ratio of 1.77 and a debt-to-equity ratio of 0.12. United Microelectronics has a 1-year low of $5.61 and a 1-year high of $8.95. The stock has a 50 day moving average of $7.64 and a two-hundred day moving average of $7.03.

United Microelectronics Increases Dividend

The company also recently declared an annual dividend, which was paid on Wednesday, July 23rd. Stockholders of record on Tuesday, June 24th were given a dividend of $0.3661 per share. This is a positive change from United Microelectronics's previous annual dividend of $0.36. This represents a dividend yield of 460.0%. The ex-dividend date of this dividend was Tuesday, June 24th. United Microelectronics's payout ratio is 75.51%.

Institutional Investors Weigh In On United Microelectronics

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Golden State Wealth Management LLC acquired a new position in shares of United Microelectronics during the 1st quarter worth about $29,000. Farther Finance Advisors LLC grew its stake in United Microelectronics by 134.8% in the 1st quarter. Farther Finance Advisors LLC now owns 4,980 shares of the semiconductor company's stock valued at $35,000 after buying an additional 2,859 shares during the last quarter. Valeo Financial Advisors LLC acquired a new position in United Microelectronics in the 2nd quarter valued at about $82,000. Choreo LLC bought a new stake in United Microelectronics in the 1st quarter valued at about $80,000. Finally, Viking Fund Management LLC bought a new position in United Microelectronics in the 2nd quarter valued at approximately $92,000. 5.05% of the stock is currently owned by institutional investors and hedge funds.

About United Microelectronics

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.