Unity Bancorp Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Unity Bancorp in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Unity Bancorp stock.
View analyst ratings for Unity Bancorp or view top-rated stocks.

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Unity Bancorp is scheduled to release its next quarterly earnings announcement on Friday, April 16th 2021.
View our earnings forecast for Unity Bancorp.

Unity Bancorp, Inc. (NASDAQ:UNTY) issued its quarterly earnings results on Thursday, January, 21st. The financial services provider reported $0.69 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.60 by $0.09. Unity Bancorp had a trailing twelve-month return on equity of 13.57% and a net margin of 25.18%.
View Unity Bancorp's earnings history.

Unity Bancorp's stock was trading at $16.51 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, UNTY shares have increased by 22.0% and is now trading at $20.14.
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Unity Bancorp declared a quarterly dividend on Friday, November 20th. Stockholders of record on Thursday, December 17th will be paid a dividend of $0.08 per share on Thursday, December 31st. This represents a $0.32 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date is Wednesday, December 16th.
View Unity Bancorp's dividend history.

Unity Bancorp pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.65%. The dividend payout ratio of Unity Bancorp is 14.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Unity Bancorp will have a dividend payout ratio of 13.97% next year. This indicates that Unity Bancorp will be able to sustain or increase its dividend.
View Unity Bancorp's dividend history.

2 brokerages have issued 12-month target prices for Unity Bancorp's stock. Their forecasts range from $20.00 to $21.00. On average, they anticipate Unity Bancorp's share price to reach $20.50 in the next year. This suggests a possible upside of 1.8% from the stock's current price.
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Some companies that are related to Unity Bancorp include Horizon Bancorp (HBNC), Lakeland Bancorp (LBAI), Origin Bancorp (OBNK), Allegiance Bancshares (ABTX), Bryn Mawr Bank (BMTC), Byline Bancorp (BY), Univest Financial (UVSP), TriState Capital (TSC), Great Southern Bancorp (GSBC), Community Trust Bancorp (CTBI), HarborOne Bancorp (HONE), QCR (QCRH), TrustCo Bank Corp NY (TRST), First National Bank Alaska (FBAK) and Altabancorp (ALTA).
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 a number of institutional and retail investors. Top institutional shareholders include Banc Funds Co. LLC (6.59%), BlackRock Inc. (4.03%), Kennedy Capital Management Inc. (3.40%), Royce & Associates LP (2.59%), Northern Trust Corp (0.83%) and Nuveen Asset Management LLC (0.36%). Company insiders that own Unity Bancorp stock include Alan J Bedner, David D Dallas, John J Kauchak, Mark S Brody, Robert H Dallas II, Stephen Rooney and Wayne Courtright.
View institutional ownership trends for Unity Bancorp.

UNTY stock was sold by a variety of institutional investors in the last quarter, including Banc Funds Co. LLC, Renaissance Technologies LLC, Wells Fargo & Company MN, Northern Trust Corp, Bank of New York Mellon Corp, and Zebra Capital Management LLC.
View insider buying and selling activity for Unity Bancorp or view top insider-selling stocks.

UNTY stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Kennedy Capital Management Inc., Nuveen Asset Management LLC, Royce & Associates LP, Barclays PLC, Rhumbline Advisers, and Citigroup Inc.. Company insiders that have bought Unity Bancorp stock in the last two years include David D Dallas, Mark S Brody, and Robert H Dallas II.
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.
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One share of UNTY stock can currently be purchased for approximately $20.14.

Unity Bancorp has a market capitalization of $212.80 million and generates $85.19 million in revenue each year. The financial services provider earns $23.65 million in net income (profit) each year or $2.14 on an earnings per share basis.

Unity Bancorp employs 196 workers across the globe.

The official website for Unity Bancorp is www.unitybank.com.

Unity Bancorp is headquartered at 64 OLD HIGHWAY 22, CLINTON NJ, 08809.

Unity Bancorp's mailing address is 64 OLD HIGHWAY 22, CLINTON NJ, 08809. The financial services provider can be reached via phone at 908-730-7630 or via email at [email protected]