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Unity Bancorp Stock Price, News & Analysis (NASDAQ:UNTY)

$21.84
-0.08 (-0.36 %)
(As of 10/14/2019 04:13 AM ET)
Today's Range
$21.84
Now: $21.84
$22.31
50-Day Range
$19.31
MA: $20.95
$23.73
52-Week Range
$16.74
Now: $21.84
$24.70
Volume10,169 shs
Average Volume17,310 shs
Market Capitalization$237.18 million
P/E Ratio10.87
Dividend Yield1.46%
Beta0.73
Unity Bancorp, Inc. operates as the holding company for Unity Bank that provides a range of banking products and 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 December 31, 2018, the company offered its financial services through 19 branch offices 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.

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$2.23 per share
Book Value$12.87 per share

Profitability

Net Income$21.92 million

Miscellaneous

Employees190
Market Cap$237.18 million
Next Earnings Date10/17/2019 (Estimated)
OptionableNot Optionable

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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 declared a quarterly dividend on Thursday, August 22nd. Shareholders of record on Friday, September 13th will be given a dividend of $0.08 per share on Friday, September 27th. This represents a $0.32 annualized dividend and a yield of 1.47%. The ex-dividend date of this dividend is Thursday, September 12th. View Unity Bancorp's Dividend History.

How were Unity Bancorp's earnings last quarter?

Unity Bancorp, Inc. (NASDAQ:UNTY) released its quarterly earnings results on Thursday, July, 18th. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.53 by $0.00. The financial services provider had revenue of $16.62 million for the quarter, compared to the consensus estimate of $16.50 million. Unity Bancorp had a return on equity of 16.20% and a net margin of 28.09%. 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 Thursday, October 17th 2019. View Earnings Estimates for Unity Bancorp.

What price target have analysts set for UNTY?

1 brokers have issued 1 year price targets for Unity Bancorp's shares. Their predictions range from $24.00 to $24.00. On average, they anticipate Unity Bancorp's share price to reach $24.00 in the next twelve months. This suggests a possible upside of 9.9% 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?

News coverage about UNTY stock has been trending negative recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Unity Bancorp earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Unity Bancorp.

Are investors shorting Unity Bancorp?

Unity Bancorp saw a increase in short interest in September. As of September 30th, there was short interest totalling 64,100 shares, an increase of 11.3% from the August 30th total of 57,600 shares. Based on an average daily volume of 10,500 shares, the days-to-cover ratio is currently 6.1 days. Approximately 0.8% of the company's shares are sold short. View Unity Bancorp's Current Options Chain.

Who are some of Unity Bancorp's key competitors?

What other stocks do shareholders of Unity Bancorp own?

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)

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, Robinhood, Fidelity and Charles Schwab.

What is Unity Bancorp's stock price today?

One share of UNTY stock can currently be purchased for approximately $21.84.

How big of a company is Unity Bancorp?

Unity Bancorp has a market capitalization of $237.18 million and generates $76.29 million in revenue each year. The financial services provider earns $21.92 million in net income (profit) each year or $2.01 on an earnings per share basis. Unity Bancorp employs 190 workers across the globe.View Additional Information About Unity Bancorp.

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:  2.8 out of 5 (star star)
Outperform Votes:  109 (Vote Outperform)
Underperform Votes:  87 (Vote Underperform)
Total Votes:  196
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 10/14/2019 by MarketBeat.com Staff

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