NASDAQ:UNB

Union Bankshares (UNB) Stock Forecast, Price & News

$21.81

+0.01 (+0.05%)

(As of 09:30 AM ET)

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Today's Range: $21.81
▼
$21.81
50-Day Range: $20.09
▼
$24.82
52-Week Range: $20.07
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$27.99

Volume: 306 shs
Average Volume: 5,553 shs
Market Capitalization: $98.36 million

P/E Ratio: 7.60
Dividend Yield: 6.60%
Price Target: N/A

Union Bankshares MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.24% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$16,322 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.75 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Union Bankshares.

3.0

Short Interest

Percentage of Shares Shorted
0.24% of the float of Union Bankshares has been sold short.
Short Interest Ratio / Days to Cover
Union Bankshares has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Union Bankshares has recently increased by 4.60%, indicating that investor sentiment is decreasing.

3.3

Dividend Strength

Dividend Leadership
Union Bankshares is a leading dividend payer. It pays a dividend yield of 6.43%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Union Bankshares has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of Union Bankshares is 50.17%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for UNB.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Union Bankshares this week, compared to 0 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Union Bankshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $16,322.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.93% of the stock of Union Bankshares is held by insiders.
Percentage Held by Institutions
Only 10.85% of the stock of Union Bankshares is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Union Bankshares is 7.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of Union Bankshares is 7.60, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 81.47.
Price to Book Value per Share Ratio
Union Bankshares has a P/B Ratio of 1.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Union Bankshares (NASDAQ:UNB) Stock

Union Bankshares, Inc. operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in northern Vermont and New Hampshire. It offers retail depository services, such as personal checking, savings, money market, IRA/SEP/KEOGH, and health savings accounts, as well as certificates of deposit. The company also provides commercial real estate loans; commercial loans for plant and equipment, working capital, real estate renovation, and other business purposes to business owners and investors; small business administration guaranteed loans; home improvement loans and overdraft; and residential construction and mortgage loans. In addition, it offers online cash management services, including account reconciliation, credit card depository, automated clearing house origination, wire transfers, and night depository services; merchant credit card services for the deposit and immediate credit of sales drafts; remote deposit capture services; and online mortgage application services. Further, the company provides business checking accounts; standby letters of credit, bank checks or money orders, and safe deposit boxes; ATM services; debit cards; telephone, Internet, and mobile banking services; and asset management, fiduciary, and trust services. The company offers retail banking services to individuals; and commercial banking services to small and medium sized corporations, partnerships, and sole proprietorships, as well as nonprofit organizations, local municipalities, and school districts. Union Bankshares, Inc. was founded in 1891 and is headquartered in Morrisville, Vermont.

UNB Price History

30 days | 90 days | 365 days | Advanced Chart

UNB Stock News Headlines

September 17, 2023 | americanbankingnews.com

Union Bankshares, Inc. (NASDAQ:UNB) Short Interest Up 20.8% in August

September 16, 2023 | finance.yahoo.com

Insider Buying: Union Bankshares Inc President & CEO David Silverman Acquires 500 Shares

September 27, 2023 | Wall Street Fundamentals (Ad)

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August 30, 2023 | investopedia.com

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August 3, 2023 | benzinga.com

Achieving Growth and Investor Rewards: Union Bankshares Flourishes with Strong Performance and Rising Profits

July 23, 2023 | finance.yahoo.com

Here's What We Like About Union Bankshares' (NASDAQ:UNB) Upcoming Dividend

July 19, 2023 | finance.yahoo.com

Union Bankshares Announces Earnings for the three months and six months ended June 30, 2023 and Declares Quarterly Dividend

June 15, 2023 | bizjournals.com

Atlantic Union Bank laying off 4% of staff as revenue growth slows

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May 15, 2023 | msn.com

Union Bankshares: Highly Profitable Regional Bank With Attractive Dividend Yield

April 23, 2023 | finance.yahoo.com

Union Bankshares, Inc. (NASDAQ:UNB) Passed Our Checks, And It's About To Pay A US$0.36 Dividend

April 21, 2023 | msn.com

Union Bankshares (UNB) Declares $0.36 Dividend

April 19, 2023 | finance.yahoo.com

Union Bankshares Announces Earnings for the three months ended March 31, 2023 and Declares Quarterly Dividend

April 13, 2023 | finance.yahoo.com

Union Bankshares (NASDAQ:UNB) shareholders have endured a 49% loss from investing in the stock five years ago

February 13, 2023 | finance.yahoo.com

Union Bank Expands Relationship with Baker Hill and Upgrades to Baker Hill NextGen®

January 23, 2023 | benzinga.com

Union Bankshares's Ex-Dividend Date Is Thursday, Here's What You Need To Know

January 22, 2023 | finance.yahoo.com

Union Bankshares' (NASDAQ:UNB) Dividend Will Be Increased To $0.36

January 18, 2023 | msn.com

Union Bankshares Q4 GAAP EPS of $0.77

January 18, 2023 | finance.yahoo.com

Union Bankshares Announces Earnings for the three months and year ended December 31, 2022 and Declares Quarterly Dividend

November 16, 2022 | seekingalpha.com

Union Bankshares: Over 5% Dividend Yield With Apparently Secure Dividends

October 31, 2022 | uk.finance.yahoo.com

Union Bankshares (NASDAQ:UNB) investors are sitting on a loss of 37% if they invested five years ago

October 24, 2022 | msn.com

Wednesday Is Your Last Chance To Buy Union Bankshares Before The Dividend Payout

October 19, 2022 | finance.yahoo.com

Union Bankshares Announces Earnings for the three months and nine months ended September 30, 2022 and Declares Quarterly Dividend

October 1, 2022 | seekingalpha.com

UNB Union Bankshares, Inc.

July 24, 2022 | finance.yahoo.com

Be Sure To Check Out Union Bankshares, Inc. (NASDAQ:UNB) Before It Goes Ex-Dividend

July 20, 2022 | finance.yahoo.com

Union Bankshares Announces Earnings for the three months and six months ended June 30, 2022 and Declares Quarterly Dividend

July 15, 2022 | finance.yahoo.com

Union Bankshares, Inc. (UNB)

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UNB Company Calendar

Last Earnings: 7/19/2023
Ex-Dividend for 8/3 Dividend: 7/27/2023
Dividend Payable: 8/03/2023
Today: 9/27/2023
Next Earnings (Estimated): 10/18/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:UNB
CUSIP: N/A
CIK: 706863
Web: www.ublocal.com
Phone: (802) 888-6600
Fax: 1-800-522-2950
Employees: 188
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $2.87
Trailing P/E Ratio: 7.60
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $12.61 million
Net Margins: 21.57%
Pretax Margin: 25.71%
Return on Equity: 22.98%
Return on Assets: 0.97%

Debt

Debt-to-Equity Ratio: 0.27
Current Ratio: 0.78
Quick Ratio: 0.78

Sales & Book Value

Annual Sales: $52.94 million
Price / Sales: 1.86
Cash Flow: $3.27 per share
Price / Cash Flow: 6.67
Book Value: $12.28 per share
Price / Book: 1.78

Miscellaneous

Outstanding Shares: 4,510,000
Free Float: 4,465,000
Market Cap: $98.32 million
Optionable: Not Optionable
Beta: 0.81

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Key Executives

Mr. David Scott Silverman (Age 62)
Pres, CEO & Director
Comp: $679.76k

Mr. Timothy Willis Sargent (Age 47)
Independent Vice Chairman & Sec.
Comp: $48.97k

Ms. Karyn J. Hale (Age 53)
VP, Treasurer & CFO
Comp: $318.54k

Ms. Kristy Adams Alfieri
Assistant Sec.

Ms. Patricia N. Hogan
Sr. VP & Sr. Risk Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UNB Stock - Frequently Asked Questions

How have UNB shares performed in 2023?: Union Bankshares' stock was trading at $24.0099 on January 1st, 2023. Since then, UNB shares have decreased by 9.2% and is now trading at $21.80.
View the best growth stocks for 2023 here.
When is Union Bankshares' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 18th 2023.
View our UNB earnings forecast.
How were Union Bankshares' earnings last quarter?: Union Bankshares, Inc. (NASDAQ:UNB) posted its quarterly earnings results on Wednesday, July, 19th. The bank reported $0.60 EPS for the quarter. The bank earned $12.10 million during the quarter. Union Bankshares had a trailing twelve-month return on equity of 22.98% and a net margin of 21.57%.
How often does Union Bankshares pay dividends? What is the dividend yield for Union Bankshares?: Union Bankshares announced a quarterly dividend on Wednesday, July 19th. Stockholders of record on Saturday, July 29th will be given a dividend of $0.36 per share on Thursday, August 3rd. This represents a $1.44 dividend on an annualized basis and a dividend yield of 6.61%. The ex-dividend date of this dividend is Thursday, July 27th.
Read our dividend analysis for UNB.
Is Union Bankshares a good dividend stock?: Union Bankshares (NASDAQ:UNB) pays an annual dividend of $1.44 per share and currently has a dividend yield of 6.45%. UNB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 50.17%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for UNB.
What other stocks do shareholders of Union Bankshares own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Union Bankshares investors own include AT&T (T), Verizon Communications (VZ), Southern (SO), Energy Transfer (ET), Harley-Davidson (HOG), Altria Group (MO), Realty Income (O), Pfizer (PFE), Teekay LNG Partners (TGP) and Universal (UVV).

What is Union Bankshares' stock symbol?: Union Bankshares trades on the NASDAQ under the ticker symbol "UNB."
Who are Union Bankshares' major shareholders?: Union Bankshares' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Cardinal Capital Management (0.91%), LPL Financial LLC (0.58%), Northern Trust Corp (0.52%), BlackRock Inc. (0.28%) and Renaissance Technologies LLC (0.25%). Insiders that own company stock include David Scott Silverman, Dawn D Bugbee, Dyke Cornelius John Van, Janet P Spitler and Nancy C Putnam.
View institutional ownership trends.
How do I buy shares of Union Bankshares?: Shares of UNB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Union Bankshares' stock price today?: One share of UNB stock can currently be purchased for approximately $21.80.
How much money does Union Bankshares make?: Union Bankshares (NASDAQ:UNB) has a market capitalization of $98.32 million and generates $52.94 million in revenue each year. The bank earns $12.61 million in net income (profit) each year or $2.87 on an earnings per share basis.
How many employees does Union Bankshares have?: The company employs 188 workers across the globe.
How can I contact Union Bankshares?: Union Bankshares' mailing address is 20 LOWER MAIN STREET, MORRISVILLE VT, 05661. The official website for the company is www.ublocal.com. The bank can be reached via phone at (802) 888-6600, via email at shareholder@broadridge.com, or via fax at 1-800-522-2950.

This page (NASDAQ:UNB) was last updated on 9/27/2023 by MarketBeat.com Staff

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