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

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$20.62 -0.76 (-3.55 %)
(As of 04/24/2019 04:00 PM ET)
Previous Close$21.38
Today's Range$20.62 - $21.43
52-Week Range$16.74 - $25.50
Volume14,100 shs
Average Volume13,004 shs
Market Capitalization$222.68 million
P/E Ratio10.63
Dividend Yield1.31%
Beta0.5
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.

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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$2.1280 per share
Book Value$12.87 per share

Profitability

Net Income$21.92 million

Miscellaneous

Employees190
Market Cap$222.68 million
Next Earnings Date7/18/2019 (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. Shareholders of record on Friday, March 15th will be paid 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 1.36%. The ex-dividend date is Thursday, March 14th. View Unity Bancorp's Dividend History.

How were Unity Bancorp's earnings last quarter?

Unity Bancorp, Inc. (NASDAQ:UNTY) issued its quarterly earnings results on Thursday, April, 18th. The financial services provider reported $0.52 EPS for the quarter, topping the Zacks' consensus estimate of $0.49 by $0.03. The financial services provider had revenue of $16.24 million for the quarter. Unity Bancorp had a return on equity of 16.84% and a net margin of 28.43%. 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, July 18th 2019. View Earnings Estimates for Unity Bancorp.

What price target have analysts set for UNTY?

1 brokers have issued 12 month price objectives for Unity Bancorp's shares. Their predictions range from $29.50 to $29.50. On average, they expect Unity Bancorp's stock price to reach $29.50 in the next twelve months. This suggests a possible upside of 43.1% 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?

Media stories about UNTY stock have been trending somewhat positive this week, InfoTrie reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. 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 1.7 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the near future.

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)

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 $20.62.

How big of a company is Unity Bancorp?

Unity Bancorp has a market capitalization of $222.68 million and generates $76.29 million in revenue each year. Unity Bancorp employs 190 workers across the globe.

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:  80 (Vote Outperform)
Underperform Votes:  61 (Vote Underperform)
Total Votes:  141
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 4/24/2019 by MarketBeat.com Staff

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