Unity Bancorp Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Unity Bancorp in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Unity Bancorp stock.
View analyst ratings for Unity Bancorp or view top-rated stocks.

1 Wall Street analysts have issued 1 year price objectives for Unity Bancorp's shares. Their UNTY stock forecasts range from $33.00 to $33.00. On average, they expect Unity Bancorp's share price to reach $33.00 in the next twelve months. This suggests a possible upside of 24.5% from the stock's current price.
View analysts' price targets for Unity Bancorp or view top-rated stocks among Wall Street analysts.

Unity Bancorp's stock was trading at $26.25 at the start of the year. Since then, UNTY stock has increased by 1.0% and is now trading at $26.51.
View the best growth stocks for 2022 here.

Unity Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, July 13th 2022.
View our earnings forecast for Unity Bancorp.

Unity Bancorp, Inc. (NASDAQ:UNTY) announced its quarterly earnings results on Thursday, April, 14th. The financial services provider reported $0.85 EPS for the quarter, beating the consensus estimate of $0.81 by $0.04. The financial services provider had revenue of $22.14 million for the quarter, compared to analysts' expectations of $22.40 million. Unity Bancorp had a net margin of 38.26% and a trailing twelve-month return on equity of 18.63%.
View Unity Bancorp's earnings history.

Unity Bancorp declared a quarterly dividend on Friday, April 29th. Stockholders of record on Friday, June 10th will be given a dividend of $0.11 per share on Friday, June 24th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date of this dividend is Thursday, June 9th. This is a boost from Unity Bancorp's previous quarterly dividend of $0.10.
View Unity Bancorp's dividend history.

Unity Bancorp(NASDAQ:UNTY) pays an annual dividend of $0.44 per share and currently has a dividend yield of 1.62%. Unity Bancorp has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Unity Bancorp is 12.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Unity Bancorp will have a dividend payout ratio of 11.70% next year. This indicates that Unity Bancorp will be able to sustain or increase its dividend.
View Unity Bancorp's dividend history.

Some companies that are related to Unity Bancorp include S&T Bancorp (STBA), Tompkins Financial (TMP), Tompkins Financial (TMP), TriState Capital (TSC), Preferred Bank (PFBC), German American Bancorp (GABC), ConnectOne Bancorp (CNOB), Merchants Bancorp (MBIN), Republic Bancorp (RBCAA), QCR (QCRH), Lakeland Bancorp (LBAI), Origin Bancorp (OBNK), Premier Financial (PFC), Byline Bancorp (BY) and Washington Trust Bancorp (WASH).
View all of UNTY's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Unity Bancorp investors own include STAG Industrial (STAG), AbbVie (ABBV), Abbott Laboratories (ABT), Eastman Chemical (EMN), Enbridge (ENB), Energy Transfer (ET), General Mills (GIS), MetLife (MET), Realty Income (O) and Pfizer (PFE).

Unity Bancorp trades on the NASDAQ under the ticker symbol "UNTY."

Unity Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include Banc Funds Co. LLC (7.57%), Wellington Management Group LLP (5.65%), Fourthstone LLC (4.60%), Dimensional Fund Advisors LP (3.57%), Vanguard Group Inc. (3.08%) and Pacific Ridge Capital Partners LLC (2.46%). Company insiders that own Unity Bancorp stock include David D Dallas, Donald E Jr Souders, Donald E Jr Souders, Janice Bolomey, John J Kauchak, Laureen Cook, Mark S Brody, Mark S Brody, Mary E Gross, Robert H Dallas II, Stephen Rooney and Vincent Geraci.
View institutional ownership trends for Unity Bancorp.

UNTY stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Renaissance Technologies LLC, Ergoteles LLC, Vanguard Group Inc., Russell Investments Group Ltd., LSV Asset Management, Bank of New York Mellon Corp, and Northern Trust Corp. Company insiders that have sold Unity Bancorp company stock in the last two years include Donald E Jr Souders, Janice Bolomey, John J Kauchak, Laureen Cook, Mark S Brody, Mary E Gross, Stephen Rooney, and Vincent Geraci.
View insider buying and selling activity for Unity Bancorp or view top insider-selling stocks.

UNTY stock was acquired by a variety of institutional investors in the last quarter, including Fourthstone LLC, River Oaks Capital LLC, Banc Funds Co. LLC, Acadian Asset Management LLC, Pacific Ridge Capital Partners LLC, BHZ Capital Management LP, Jane Street Group LLC, and Qube Research & Technologies Ltd.
View insider buying and selling activity for Unity Bancorp or or view top insider-buying stocks.

Shares of UNTY 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.

One share of UNTY stock can currently be purchased for approximately $26.51.

Unity Bancorp (NASDAQ:UNTY) has a market capitalization of $278.22 million and generates $96.83 million in revenue each year. The financial services provider earns $36.12 million in net income (profit) each year or $3.47 on an earnings per share basis.

Unity Bancorp employs 208 workers across the globe.

Unity Bancorp's mailing address is 64 OLD HIGHWAY 22, CLINTON NJ, 08809. The official website for Unity Bancorp is www.unitybank.com. The financial services provider can be reached via phone at (908) 730-7630, via email at [email protected], or via fax at 908-730-9430.