What is DA Davidson's Forecast for UCB FY2026 Earnings?

United Community Banks, Inc. (NASDAQ:UCB - Free Report) - Research analysts at DA Davidson lifted their FY2026 earnings estimates for United Community Banks in a report issued on Monday, September 29th. DA Davidson analyst G. Tenner now expects that the company will post earnings per share of $2.96 for the year, up from their prior forecast of $2.93. DA Davidson has a "Buy" rating and a $36.00 price objective on the stock. The consensus estimate for United Community Banks' current full-year earnings is $2.52 per share.

A number of other research analysts have also recently commented on the stock. Hovde Group raised their price target on shares of United Community Banks from $35.00 to $36.00 and gave the stock an "outperform" rating in a research note on Thursday, July 24th. Raymond James Financial reiterated a "market perform" rating on shares of United Community Banks in a research note on Tuesday, July 8th. Finally, Keefe, Bruyette & Woods lifted their target price on shares of United Community Banks from $32.00 to $34.00 and gave the company a "market perform" rating in a research note on Monday, July 28th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, United Community Banks presently has an average rating of "Hold" and an average price target of $34.57.

United Community Banks Stock Down 1.4%

Shares of UCB opened at $31.38 on Tuesday. The stock has a market cap of $3.81 billion, a price-to-earnings ratio of 15.38 and a beta of 0.86. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.08. United Community Banks has a 12 month low of $22.93 and a 12 month high of $35.38. The company has a 50-day moving average price of $31.72 and a two-hundred day moving average price of $29.53.

United Community Banks (NASDAQ:UCB - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The company reported $0.66 EPS for the quarter, topping analysts' consensus estimates of $0.61 by $0.05. United Community Banks had a net margin of 16.48% and a return on equity of 8.64%. The business's quarterly revenue was up 6.1% on a year-over-year basis.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. State of Wyoming raised its position in United Community Banks by 9.4% in the 1st quarter. State of Wyoming now owns 4,010 shares of the company's stock worth $113,000 after purchasing an additional 344 shares during the last quarter. Xponance Inc. grew its holdings in United Community Banks by 5.8% during the 1st quarter. Xponance Inc. now owns 9,094 shares of the company's stock worth $256,000 after acquiring an additional 500 shares during the period. Amalgamated Bank grew its holdings in United Community Banks by 1.6% during the 2nd quarter. Amalgamated Bank now owns 34,550 shares of the company's stock worth $1,029,000 after acquiring an additional 534 shares during the period. Great Lakes Advisors LLC grew its holdings in United Community Banks by 0.6% during the 1st quarter. Great Lakes Advisors LLC now owns 94,983 shares of the company's stock worth $2,672,000 after acquiring an additional 584 shares during the period. Finally, Louisiana State Employees Retirement System grew its holdings in United Community Banks by 1.1% during the 2nd quarter. Louisiana State Employees Retirement System now owns 56,800 shares of the company's stock worth $1,692,000 after acquiring an additional 600 shares during the period. Institutional investors own 82.29% of the company's stock.

Insiders Place Their Bets

In related news, EVP Richard Bradshaw sold 1,616 shares of the business's stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $30.94, for a total value of $49,999.04. Following the completion of the transaction, the executive vice president owned 78,395 shares in the company, valued at $2,425,541.30. The trade was a 2.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.43% of the stock is owned by company insiders.

United Community Banks Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 3rd. Investors of record on Monday, September 15th will be given a $0.25 dividend. This is a boost from United Community Banks's previous quarterly dividend of $0.24. The ex-dividend date is Monday, September 15th. This represents a $1.00 annualized dividend and a yield of 3.2%. United Community Banks's dividend payout ratio is presently 45.45%.

United Community Banks Company Profile

United Community Banks, Inc operates as the financial holding company for United Community Bank that provides financial products and services to commercial, retail, government, education, energy, health care, and real estate sectors. It accepts various deposit products, including checking, savings, money market, and other deposit accounts.

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