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

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

Unity Bancorp declared a quarterly dividend on Thursday, November 21st. Stockholders of record on Friday, December 13th will be paid a dividend of $0.08 per share on Friday, December 27th. This represents a $0.32 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend is Thursday, December 12th. View Unity Bancorp's Dividend History.

Unity Bancorp, Inc. (NASDAQ:UNTY) released its earnings results on Thursday, October, 17th. The financial services provider reported $0.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $0.01. The financial services provider earned $17.11 million during the quarter, compared to analyst estimates of $16.80 million. Unity Bancorp had a net margin of 27.77% and a return on equity of 15.84%. View Unity Bancorp's Earnings History.

Unity Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for Unity Bancorp.

1 Wall Street analysts have issued 12 month price objectives for Unity Bancorp's stock. Their forecasts range from $24.00 to $24.00. On average, they expect Unity Bancorp's stock price to reach $24.00 in the next year. This suggests a possible upside of 12.6% from the stock's current price. View Analyst Price Targets 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.

News stories about UNTY stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by analyzing 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 coverage optimism score of 2.0 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Unity Bancorp.

Unity Bancorp saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 19,500 shares, a decrease of 36.3% from the December 15th total of 30,600 shares. Based on an average daily volume of 13,300 shares, the short-interest ratio is presently 1.5 days. Currently, 0.3% of the shares of the company are sold short. View Unity Bancorp's Current Options Chain.

Some companies that are related to Unity Bancorp include German American Bancorp. (GABC), Republic Bancorp, Inc. KY (RBCAA), Stock Yards Bancorp (SYBT), Washington Trust Bancorp (WASH), ConnectOne Bancorp (CNOB), Lakeland Bancorp (LBAI), Oritani Financial (ORIT), Great Southern Bancorp (GSBC), Origin Bancorp (OBNK), Horizon Bancorp (HBNC), Community Trust Bancorp (CTBI), Central Pacific Financial (CPF), Bryn Mawr Bank (BMTC), HomeStreet (HMST) and TrustCo Bank Corp NY (TRST).

Based on aggregate information from My MarketBeat watchlists, some companies that other Unity Bancorp investors own include Metlife (MET), Realty Income (O), Royal Bank of Canada (RY), Southern (SO), Ventas (VTR), First of Long Island (FLIC), Gilead Sciences (GILD), Walgreens Boots Alliance (WBA), AbbVie (ABBV) and Preferred Apartment Communities (APTS).

Unity Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.12%). Company insiders that own Unity Bancorp stock include Alan J Bedner, James A Hughes, John J Kauchak, 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 Wedge Capital Management L L P NC. Company insiders that have sold Unity Bancorp company stock in the last year include Alan J Bedner, John J Kauchak, Stephen Rooney and Wayne Courtright. View Insider Buying and Selling for 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.

One share of UNTY stock can currently be purchased for approximately $21.32.

Unity Bancorp has a market capitalization of $231.75 million and generates $85.19 million in revenue each year. The financial services provider earns $21.92 million in net income (profit) each year or $2.14 on an earnings per share basis. Unity Bancorp employs 190 workers across the globe.View Additional Information About Unity Bancorp.

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

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]