NASDAQ:UNTY - Unity Bancorp Stock Price, News, & Analysis

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$20.00 +0.15 (+0.76 %)
(As of 02/18/2019 01:40 PM ET)
Previous Close$19.85
Today's Range$19.90 - $20.19
52-Week Range$18.00 - $25.50
Volume12,992 shs
Average Volume17,884 shs
Market Capitalization$215.18 million
P/E Ratio10.07
Dividend Yield1.41%
Beta0.48
Unity Bancorp, Inc. operates as a bank holding company for Unity Bank that provides a range of business and consumer financial services to individuals, small and medium sized businesses, and professional communities. The company offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts. It also provides commercial, small business administration, consumer, mortgage, home equity, and personal loans. As of February 22, 2018, the company offered its financial services through 18 retail service centers located in Bergen, Hunterdon, Middlesex, Somerset, Union, and Warren Counties in New Jersey, as well as Northampton County, Pennsylvania. Unity Bancorp, Inc. was founded in 1991 and is headquartered in Clinton, New Jersey.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:UNTY
CUSIPN/A
Phone908-730-7630

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$76.29 million
Cash Flow$1.5106 per share
Book Value$11.13 per share

Profitability

Net Income$21.92 million

Miscellaneous

Employees200
Market Cap$215.18 million
OptionableNot Optionable

Unity Bancorp (NASDAQ:UNTY) Frequently Asked Questions

What is Unity Bancorp's stock symbol?

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

How often does Unity Bancorp pay dividends? What is the dividend yield for Unity Bancorp?

Unity Bancorp announced a quarterly dividend on Friday, November 30th. Investors of record on Friday, December 14th will be given a dividend of $0.07 per share on Friday, December 28th. This represents a $0.28 annualized dividend and a dividend yield of 1.40%. The ex-dividend date of this dividend is Thursday, December 13th. View Unity Bancorp's Dividend History.

How were Unity Bancorp's earnings last quarter?

Unity Bancorp, Inc. (NASDAQ:UNTY) announced its quarterly earnings results on Wednesday, January, 23rd. The financial services provider reported $0.53 EPS for the quarter, meeting the consensus estimate of $0.53. The financial services provider earned $16.12 million during the quarter. Unity Bancorp had a return on equity of 17.11% and a net margin of 28.73%. View Unity Bancorp's Earnings History.

When is Unity Bancorp's next earnings date?

Unity Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for Unity Bancorp.

What price target have analysts set for UNTY?

1 brokers have issued 1 year target prices for Unity Bancorp's stock. Their forecasts range from $29.50 to $29.50. On average, they expect Unity Bancorp's share price to reach $29.50 in the next year. This suggests a possible upside of 47.5% from the stock's current price. View Analyst Price Targets for Unity Bancorp.

What is the consensus analysts' recommendation for Unity Bancorp?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Unity Bancorp in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Unity Bancorp.

Has Unity Bancorp been receiving favorable news coverage?

Headlines about UNTY stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Unity Bancorp earned a news impact score of 1.6 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

Who are some of Unity Bancorp's key competitors?

Who are Unity Bancorp's key executives?

Unity Bancorp's management team includes the folowing people:
  • Mr. David D. Dallas, Founder & Chairman (Age 64)
  • Mr. James A. Hughes, Pres, CEO & Director (Age 60)
  • Mr. Robert H. Dallas II, Founder & Director (Age 72)
  • Mr. Alan J. Bedner Jr., Exec. VP & CFO (Age 48)
  • Mr. John J. Kauchak, Exec. VP & COO (Age 66)

Who are Unity Bancorp's major shareholders?

Unity Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Banc Funds Co. LLC (7.51%), BlackRock Inc. (3.65%), Dimensional Fund Advisors LP (3.55%), Royce & Associates LP (3.35%), Geode Capital Management LLC (0.88%) and Rhumbline Advisers (0.10%). Company insiders that own Unity Bancorp stock include James A Hughes and Peter E Maricondo. View Institutional Ownership Trends for Unity Bancorp.

Which major investors are selling Unity Bancorp stock?

UNTY stock was sold by a variety of institutional investors in the last quarter, including Banc Funds Co. LLC. View Insider Buying and Selling for Unity Bancorp.

Which major investors are buying Unity Bancorp stock?

UNTY stock was acquired by a variety of institutional investors in the last quarter, including Royce & Associates LP, BlackRock Inc., Rhumbline Advisers, Dimensional Fund Advisors LP, Geode Capital Management LLC, Bank of America Corp DE, Acadian Asset Management LLC and Ramsey Quantitative Systems. Company insiders that have bought Unity Bancorp stock in the last two years include James A Hughes and Peter E Maricondo. View Insider Buying and Selling for Unity Bancorp.

How do I buy shares of Unity Bancorp?

Shares of UNTY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Unity Bancorp's stock price today?

One share of UNTY stock can currently be purchased for approximately $20.00.

How big of a company is Unity Bancorp?

Unity Bancorp has a market capitalization of $215.18 million and generates $76.29 million in revenue each year. Unity Bancorp employs 200 workers across the globe.

What is Unity Bancorp's official website?

The official website for Unity Bancorp is http://www.unitybank.com.

How can I contact Unity Bancorp?

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]


MarketBeat Community Rating for Unity Bancorp (NASDAQ UNTY)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  76 (Vote Outperform)
Underperform Votes:  56 (Vote Underperform)
Total Votes:  132
MarketBeat's community ratings are surveys of what our community members think about Unity Bancorp and other stocks. Vote "Outperform" if you believe UNTY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UNTY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/18/2019 by MarketBeat.com Staff

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