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

$21.44
+0.62 (+2.98 %)
(As of 09/17/2019 04:00 PM ET)
Today's Range
$20.16
Now: $21.44
$21.70
50-Day Range
$19.30
MA: $20.08
$21.12
52-Week Range
$16.74
Now: $21.44
$24.62
Volume10,300 shs
Average Volume10,278 shs
Market Capitalization$232.84 million
P/E Ratio10.67
Dividend Yield1.54%
Beta0.69
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$2.2712 per share
Book Value$12.87 per share

Profitability

Net Income$21.92 million

Miscellaneous

Employees190
Market Cap$232.84 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 announced a quarterly dividend on Thursday, August 22nd. Investors of record on Friday, September 13th will be paid a dividend of $0.08 per share on Friday, September 27th. This represents a $0.32 annualized dividend and a dividend yield of 1.49%. The ex-dividend date is Thursday, September 12th. View Unity Bancorp's Dividend History.

How were Unity Bancorp's earnings last quarter?

Unity Bancorp, Inc. (NASDAQ:UNTY) issued its earnings results on Thursday, July, 18th. The financial services provider reported $0.53 earnings per share for the quarter, missing analysts' consensus estimates of $0.53 by $0.00. The financial services provider had revenue of $16.62 million for the quarter, compared to analysts' expectations of $16.50 million. Unity Bancorp had a net margin of 28.09% and a return on equity of 16.20%. 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 analysts have issued 1-year price targets for Unity Bancorp's shares. Their predictions 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 11.9% 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 on Tuesday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Unity Bancorp earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Unity Bancorp.

Are investors shorting Unity Bancorp?

Unity Bancorp saw a increase in short interest in August. As of August 31st, there was short interest totalling 38,900 shares, an increase of 10.2% from the July 31st total of 35,300 shares. Based on an average trading volume of 8,200 shares, the days-to-cover ratio is currently 4.7 days. Approximately 0.5% 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)

Who are Unity Bancorp's major shareholders?

Unity Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Banc Funds Co. LLC (7.95%), BlackRock Inc. (3.75%), Vanguard Group Inc. (3.10%), Northern Trust Corp (0.84%), Renaissance Technologies LLC (0.47%) and Acadian Asset Management LLC (0.17%). 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.

Which major investors are selling Unity Bancorp stock?

UNTY stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC and Morgan Stanley. 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.

Which major investors are buying Unity Bancorp stock?

UNTY stock was purchased by a variety of institutional investors in the last quarter, including Banc Funds Co. LLC, BlackRock Inc., Wedge Capital Management L L P NC, Acadian Asset Management LLC, Vanguard Group Inc. and Northern Trust Corp. 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, Robinhood, Fidelity and Charles Schwab.

What is Unity Bancorp's stock price today?

One share of UNTY stock can currently be purchased for approximately $21.44.

How big of a company is Unity Bancorp?

Unity Bancorp has a market capitalization of $232.84 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:  104 (Vote Outperform)
Underperform Votes:  82 (Vote Underperform)
Total Votes:  186
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 9/17/2019 by MarketBeat.com Staff

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