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

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$20.11 -0.69 (-3.32 %)
(As of 03/19/2019 04:00 PM ET)
Previous Close$20.80
Today's Range$20.11 - $20.60
52-Week Range$18.00 - $25.50
Volume12,700 shs
Average Volume14,434 shs
Market Capitalization$217.17 million
P/E Ratio10.35
Dividend Yield1.35%
Beta0.53
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$2.1717 per share
Book Value$12.87 per share

Profitability

Net Income$21.92 million

Miscellaneous

EmployeesN/A
Market Cap$217.17 million
Next Earnings Date4/23/2019 (Estimated)
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, March 1st. Investors of record on Friday, March 15th will be given a dividend of $0.07 per share on Friday, March 29th. This represents a $0.28 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date of this dividend is Thursday, March 14th. View Unity Bancorp's Dividend History.

How were Unity Bancorp's earnings last quarter?

Unity Bancorp, Inc. (NASDAQ:UNTY) released its earnings results on Wednesday, January, 23rd. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.53. The financial services provider earned $16.12 million during the quarter. Unity Bancorp had a net margin of 28.73% and a return on equity of 17.11%. 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 equities research analysts have issued 1-year price objectives for Unity Bancorp's stock. Their forecasts range from $29.50 to $29.50. On average, they anticipate Unity Bancorp's share price to reach $29.50 in the next twelve months. This suggests a possible upside of 46.7% 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?

Press coverage about UNTY stock has been trending somewhat negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Unity Bancorp earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an impact on the company's share price in the next several days.

Who are some of Unity Bancorp's key competitors?

What other stocks do shareholders of Unity Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Unity Bancorp investors own include Ternium (TX), Retail Properties of America (RPAI), Ventas (VTR), Tahoe Resources (TAHO), Woodward, Inc.Common Stock (WWD), Ford Motor (F), Tenneco (TEN), Valley National Bancorp (VLY), Shopify (SHOP) and Stantec (STN).

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 investors include Banc Funds Co. LLC (7.51%), BlackRock Inc. (3.65%), Dimensional Fund Advisors LP (3.55%), Dimensional Fund Advisors LP (3.55%), Royce & Associates LP (3.35%) and Geode Capital Management LLC (0.88%). Company insiders that own Unity Bancorp stock include James A Hughes, Peter E Maricondo 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 Banc Funds Co. LLC. Company insiders that have sold Unity Bancorp company stock in the last year include James A Hughes and Wayne Courtright. View Insider Buying and Selling for Unity Bancorp.

Which major investors are buying Unity Bancorp stock?

UNTY stock was bought by a variety of institutional investors in the last quarter, including Royce & Associates LP, BlackRock Inc., Rhumbline Advisers, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Geode Capital Management LLC, Geode Capital Management LLC and Bank of America Corp DE. 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 $20.11.

How big of a company is Unity Bancorp?

Unity Bancorp has a market capitalization of $217.17 million and generates $76.29 million in revenue each year.

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:  79 (Vote Outperform)
Underperform Votes:  58 (Vote Underperform)
Total Votes:  137
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 3/19/2019 by MarketBeat.com Staff

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