NASDAQ:UNTY - Unity Bancorp Stock Price, Price Target & More

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$23.95 -0.10 (-0.42 %)
(As of 07/15/2018 04:00 PM ET)
Previous Close$23.95
Today's Range$23.80 - $24.00
52-Week Range$16.15 - $24.35
Volume2,950 shs
Average Volume9,167 shs
Market Capitalization$256.48 million
P/E Ratio15.55
Dividend Yield1.17%
Beta0.45
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

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

Debt

Debt-to-Equity Ratio1.55
Current Ratio1.16
Quick Ratio1.16

Price-To-Earnings

Trailing P/E Ratio15.55
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$63.58 million
Price / Sales4.03
Cash Flow$1.5206 per share
Price / Cash15.75
Book Value$11.13 per share
Price / Book2.15

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$12.89 million
Net Margins22.38%
Return on Equity14.20%
Return on Assets1.21%

Miscellaneous

Employees208
Outstanding Shares10,710,000
Market Cap$256.48

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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 announced a quarterly dividend on Friday, April 27th. Shareholders of record on Friday, June 15th will be paid a dividend of $0.07 per share on Friday, June 29th. This represents a $0.28 annualized dividend and a dividend yield of 1.17%. The ex-dividend date is Thursday, June 14th. This is an increase from Unity Bancorp's previous quarterly dividend of $0.06. View Unity Bancorp's Dividend History.

How were Unity Bancorp's earnings last quarter?

Unity Bancorp, Inc. (NASDAQ:UNTY) announced its earnings results on Tuesday, April, 24th. The financial services provider reported $0.48 earnings per share for the quarter. The financial services provider had revenue of $15.16 million for the quarter. Unity Bancorp had a net margin of 22.38% and a return on equity of 14.20%. View Unity Bancorp's Earnings History.

What price target have analysts set for UNTY?

1 Wall Street analysts have issued twelve-month price targets 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 twelve months. This suggests a possible upside of 23.2% from the stock's current price. View Analyst Ratings 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."

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 63)
  • Mr. James A. Hughes, Pres, CEO & Director (Age 59)
  • Mr. Robert H. Dallas II, Founder & Director (Age 71)
  • Mr. Alan J. Bedner Jr., Exec. VP & CFO (Age 47)
  • Mr. John J. Kauchak, Exec. VP & COO (Age 65)

Has Unity Bancorp been receiving favorable news coverage?

Press coverage about UNTY stock has trended positive on Sunday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Unity Bancorp earned a media sentiment score of 0.28 on Accern's scale. They also assigned news headlines about the financial services provider an impact score of 45.74 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

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 $23.95.

How big of a company is Unity Bancorp?

Unity Bancorp has a market capitalization of $256.48 million and generates $63.58 million in revenue each year. Unity Bancorp employs 208 workers across the globe.

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:  60 (Vote Outperform)
Underperform Votes:  45 (Vote Underperform)
Total Votes:  105
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 7/15/2018 by MarketBeat.com Staff

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