Unity Bancorp Stock Forecast, Price & News

Unity Bancorp (NASDAQ:UNTY) Frequently Asked Questions

How has Unity Bancorp's stock price been impacted by COVID-19 (Coronavirus)?

Unity Bancorp's stock was trading at $16.51 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, UNTY stock has increased by 72.0% and is now trading at $28.40.
View which stocks have been most impacted by COVID-19.

Are investors shorting Unity Bancorp?

Unity Bancorp saw a decline in short interest in December. As of December 31st, there was short interest totaling 21,400 shares, a decline of 19.9% from the December 15th total of 26,700 shares. Based on an average trading volume of 12,300 shares, the short-interest ratio is presently 1.7 days. Approximately 0.3% of the shares of the company are sold short.
View Unity Bancorp's Short Interest.

When is Unity Bancorp's next earnings date?

Unity Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, April 21st 2022.
View our earnings forecast for Unity Bancorp.

How were Unity Bancorp's earnings last quarter?

Unity Bancorp, Inc. (NASDAQ:UNTY) issued its quarterly earnings results on Thursday, October, 14th. The financial services provider reported $0.90 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.07. The financial services provider earned $22.53 million during the quarter, compared to analysts' expectations of $22.20 million. Unity Bancorp had a net margin of 34.90% and a trailing twelve-month return on equity of 18.20%.
View Unity Bancorp's earnings history.

How often does Unity Bancorp pay dividends? What is the dividend yield for Unity Bancorp?

Unity Bancorp announced a quarterly dividend on Thursday, November 18th. Shareholders of record on Friday, December 17th will be given a dividend of $0.10 per share on Friday, December 31st. This represents a $0.40 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend is Thursday, December 16th. This is a boost from Unity Bancorp's previous quarterly dividend of $0.09.
View Unity Bancorp's dividend history.

Is Unity Bancorp a good dividend stock?

Unity Bancorp pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.44%. Unity Bancorp does not yet have a strong track record of dividend growth. The dividend payout ratio of Unity Bancorp is 12.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Unity Bancorp will have a dividend payout ratio of 13.33% next year. This indicates that Unity Bancorp will be able to sustain or increase its dividend.
View Unity Bancorp's dividend history.

Who are Unity Bancorp's key executives?

Unity Bancorp's management team includes the following people:

• James A. Hughes, President, Chief Executive Officer & Director
• John J. Kauchak, Chief Operating Officer & Executive Vice President (LinkedIn Profile)
• George Boyan, Chief Financial Officer & Executive Vice President
• Janice Bolomey, Chief Administrative Officer, Sales Director & EVP (LinkedIn Profile)
• Vincent Geraci, Senior Vice President & Director-Mortgage Lending (LinkedIn Profile)

Who are some of Unity Bancorp's key competitors?

Some companies that are related to Unity Bancorp include Preferred Bank (PFBC), First Foundation (FFWM), Premier Financial (PFC), Metropolitan Bank (MCB), HomeStreet (HMST), German American Bancorp (GABC), Byline Bancorp (BY), Washington Trust Bancorp (WASH), Republic Bancorp (RBCAA), Origin Bancorp (OBNK), TriState Capital (TSC), Lakeland Bancorp (LBAI), Horizon Bancorp (HBNC), Peoples Bancorp (PEBO) and QCR (QCRH).
View all of UNTY's 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 STAG Industrial (STAG), AbbVie (ABBV), Abbott Laboratories (ABT), Eastman Chemical (EMN), Enbridge (ENB), Energy Transfer (ET), General Mills (GIS), MetLife (MET), Realty Income (O) and Pfizer (PFE).

What is Unity Bancorp's stock symbol?

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

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Unity Bancorp's stock price today?

One share of UNTY stock can currently be purchased for approximately $28.40.

How much money does Unity Bancorp make?

Unity Bancorp has a market capitalization of $294.62 million and generates $91.86 million in revenue each year. The financial services provider earns $23.64 million in net income (profit) each year or $3.19 on an earnings per share basis.

How many employees does Unity Bancorp have?

Unity Bancorp employs 206 workers across the globe.

What is Unity Bancorp's official website?

The official website for Unity Bancorp is www.unitybank.com.

Where are Unity Bancorp's headquarters?

Unity Bancorp is headquartered at 64 OLD HIGHWAY 22, CLINTON NJ, 08809.

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, via email at [email protected], or via fax at 908-730-9430.