Atlantic Union Bankshares (AUB) Stock Price, News & Analysis

$34.14
-0.23 (-0.67%)
(As of 10:19 AM ET)
Today's Range
$34.13
$34.26
50-Day Range
$31.74
$35.53
52-Week Range
$24.86
$37.86
Volume
9,672 shs
Average Volume
393,788 shs
Market Capitalization
$3.06 billion
P/E Ratio
12.55
Dividend Yield
3.75%
Price Target
$38.00

Atlantic Union Bankshares MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
10.6% Upside
$38.00 Price Target
Short Interest
N/A
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$245,910 Bought Last Quarter
Proj. Earnings Growth
11.61%
From $3.10 to $3.46 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.18 out of 5 stars

Finance Sector

234th out of 864 stocks

State Commercial Banks Industry

50th out of 175 stocks

AUB stock logo

About Atlantic Union Bankshares Stock (NASDAQ:AUB)

Atlantic Union Bankshares Corporation operates as the bank holding company for Atlantic Union Bank that provides banking and related financial products and services to consumers and businesses in the United States. It operates in two segments, Wholesale Banking and Consumer Banking. The company accepts various deposit products, including checking, savings, time deposit, and money market accounts; certificates of deposit; and other depository services. It also provides loans for commercial, industrial, residential mortgage, and consumer purposes, as well as debit and credit cards. In addition, it provides treasury management and capital market, wealth management, private banking, trust, financial and retirement planning, brokerage, investment management, equipment finance, mortgage banking, and insurance products and services. The company offers products and services through full-service branches and ATMs, as well as through its mobile and internet banking. The company was formerly known as Union Bankshares Corporation and changed its name to Atlantic Union Bankshares Corporation in May 2019. Atlantic Union Bankshares Corporation was founded in 1902 and is headquartered in Glen Allen, Virginia.

AUB Stock Price History

AUB Stock News Headlines

Atlantic Union Bankshares Corporation (AUB)
Atlantic Union Bankshares Corporation Registered Shs
AUB Jul 2024 40.000 call
AUB Apr 2024 30.000 call
Atlantic Union Bankshares (AUB) Gets a Hold from KBW
Atlantic Union Bankshares Corporation (AUB-PA)
See More Headlines
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Company Calendar

Ex-Dividend for 2/23 Dividend
2/08/2024
Dividend Payable
2/23/2024
Last Earnings
4/23/2024
Today
5/20/2024
Ex-Dividend for 6/7 Dividend
5/23/2024
Dividend Payable
6/07/2024
Next Earnings (Estimated)
7/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:AUB
Employees
1,804
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$38.00
High Stock Price Target
$40.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+10.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$201.82 million
Pretax Margin
23.21%

Debt

Sales & Book Value

Annual Sales
$1.05 billion
Cash Flow
$3.72 per share
Book Value
$34.08 per share

Miscellaneous

Free Float
88,618,000
Market Cap
$3.09 billion
Optionable
Optionable
Beta
0.94
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Key Executives

  • Mr. John C. AsburyMr. John C. Asbury (Age 58)
    President, CEO & Director
    Comp: $1.91M
  • Mr. Robert Michael GormanMr. Robert Michael Gorman (Age 66)
    Executive VP & CFO
    Comp: $856.74k
  • Mr. David V. Ring (Age 60)
    Executive VP & Wholesale Banking Group Executive
    Comp: $838.25k
  • Ms. Maria P. Tedesco (Age 63)
    Executive Vice President
    Comp: $1.2M
  • Mr. Matthew L. Linderman (Age 49)
    Executive Vice President
    Comp: $960.42k
  • Mr. William P. Cimino
    Senior VP & Director of Investor Relations
  • Ms. Rachael R. Lape (Age 51)
    Executive VP, General Counsel & Corporate Secretary
  • Ms. Beth Shivak
    Senior VP & Head of Corporate Communications
  • Ms. Clare Miller (Age 44)
    Executive VP & Chief Human Resources Officer
  • Mr. Douglas F. Woolley III (Age 66)
    Executive VP & Chief Credit Officer

AUB Stock Analysis - Frequently Asked Questions

Should I buy or sell Atlantic Union Bankshares stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Atlantic Union Bankshares in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AUB shares.
View AUB analyst ratings
or view top-rated stocks.

What is Atlantic Union Bankshares' stock price target for 2024?

4 brokers have issued 12 month price targets for Atlantic Union Bankshares' stock. Their AUB share price targets range from $35.00 to $40.00. On average, they predict the company's stock price to reach $38.00 in the next year. This suggests a possible upside of 10.6% from the stock's current price.
View analysts price targets for AUB
or view top-rated stocks among Wall Street analysts.

How have AUB shares performed in 2024?

Atlantic Union Bankshares' stock was trading at $36.54 on January 1st, 2024. Since then, AUB stock has decreased by 5.9% and is now trading at $34.37.
View the best growth stocks for 2024 here
.

When is Atlantic Union Bankshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our AUB earnings forecast
.

How were Atlantic Union Bankshares' earnings last quarter?

Atlantic Union Bankshares Co. (NASDAQ:AUB) posted its earnings results on Tuesday, April, 23rd. The company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.69 by $0.04. The business had revenue of $288.47 million for the quarter, compared to the consensus estimate of $178.82 million. Atlantic Union Bankshares had a net margin of 19.51% and a trailing twelve-month return on equity of 9.47%. During the same period in the previous year, the business earned $0.63 earnings per share.

How often does Atlantic Union Bankshares pay dividends? What is the dividend yield for Atlantic Union Bankshares?

Atlantic Union Bankshares announced a quarterly dividend on Tuesday, May 7th. Stockholders of record on Friday, May 24th will be paid a dividend of $0.32 per share on Friday, June 7th. This represents a $1.28 annualized dividend and a yield of 3.72%. The ex-dividend date is Thursday, May 23rd.
Read our dividend analysis for AUB
.

Is Atlantic Union Bankshares a good dividend stock?

Atlantic Union Bankshares (NASDAQ:AUB) pays an annual dividend of $1.28 per share and currently has a dividend yield of 3.72%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 47.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AUB will have a dividend payout ratio of 36.99% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AUB.

What is John Asbury's approval rating as Atlantic Union Bankshares' CEO?

54 employees have rated Atlantic Union Bankshares Chief Executive Officer John Asbury on Glassdoor.com. John Asbury has an approval rating of 100% among the company's employees. This puts John Asbury in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 66.0% of employees surveyed would recommend working at Atlantic Union Bankshares to a friend.

What other stocks do shareholders of Atlantic Union Bankshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Atlantic Union Bankshares investors own include AGNC Investment (AGNC), Ares Capital (ARCC), NextEra Energy Partners (NEP), Omega Healthcare Investors (OHI), B&G Foods (BGS), Carnival Co. & (CCL), Cisco Systems (CSCO), CVS Health (CVS), 3D Systems (DDD) and Enterprise Products Partners (EPD).

Who are Atlantic Union Bankshares' major shareholders?

Atlantic Union Bankshares' stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.27%), Westwood Holdings Group Inc. (2.93%), LSV Asset Management (1.17%), William Blair Investment Management LLC (0.76%), Tributary Capital Management LLC (0.80%) and Principal Financial Group Inc. (0.52%). Insiders that own company stock include Donald R Kimble, Frank Russell Ellett, Frederick Blair Wimbush, Heather Cox, John C Asbury, Robert Michael Gorman and Ronald L Tillett.
View institutional ownership trends
.

How do I buy shares of Atlantic Union Bankshares?

Shares of AUB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AUB) was last updated on 5/20/2024 by MarketBeat.com Staff

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