EPS for United Community Banks, Inc. (UCBI) Expected At $0.41

July 18, 2017 - By Hazel Jackson

 EPS for United Community Banks, Inc. (UCBI) Expected At $0.41
Investors sentiment increased to 1.77 in 2016 Q4. Its up 0.72, from 1.05 in 2016Q3. It increased, as 17 investors sold United Community Banks, Inc. shares while 44 reduced holdings. 44 funds opened positions while 64 raised stakes. 62.17 million shares or 5.22% more from 59.08 million shares in 2016Q3 were reported.
Strs Ohio reported 0% of its portfolio in United Community Banks, Inc. (NASDAQ:UCBI). Stifel Finance Corp reported 293,380 shares stake. Blackrock Ltd Co owns 0% invested in United Community Banks, Inc. (NASDAQ:UCBI) for 52,647 shares. Mason Street Advsr Ltd Limited Liability Company owns 15,485 shares or 0.01% of their US portfolio. Piermont Cap Mngmt holds 0.92% in United Community Banks, Inc. (NASDAQ:UCBI) or 136,490 shares. 15,611 were accumulated by Employees Retirement Association Of Colorado. Great West Life Assurance Can accumulated 93,456 shares. M&T Bancorporation holds 11,259 shares. Metropolitan Life Ins Co New York has invested 0.01% in United Community Banks, Inc. (NASDAQ:UCBI). Systematic Management Lp invested 1.12% of its portfolio in United Community Banks, Inc. (NASDAQ:UCBI). Guggenheim Capital Limited Com reported 124,556 shares. Natl Bank Of America De reported 640,897 shares or 0% of all its holdings. Louisiana State Employees Retirement Systems holds 28,500 shares. Putnam Invs invested in 0.01% or 184,613 shares. Blackrock Fund Advisors invested 0.03% of its portfolio in United Community Banks, Inc. (NASDAQ:UCBI).

Analysts await United Community Banks, Inc. (NASDAQ:UCBI) to report earnings on July, 26. They expect $0.41 EPS, up 13.89 % or $0.05 from last year’s $0.36 per share. UCBI’s profit will be $29.17M for 17.14 P/E if the $0.41 EPS becomes a reality. After $0.39 actual EPS reported by United Community Banks, Inc. for the previous quarter, Wall Street now forecasts 5.13 % EPS growth. The stock increased 0.36% or $0.1 during the last trading session, reaching $28.11. About 277,049 shares traded. United Community Banks, Inc. (NASDAQ:UCBI) has risen 34.83% since July 18, 2016 and is uptrending. It has outperformed by 18.13% the S&P500.

United Community Banks, Inc. (NASDAQ:UCBI) Ratings Coverage

Among 5 analysts covering United Community Banks Inc (NASDAQ:UCBI), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. United Community Banks Inc had 5 analyst reports since January 21, 2016 according to SRatingsIntel. The firm earned “Hold” rating on Tuesday, June 27 by Stephens. The stock has “Strong Buy” rating by Raymond James on Thursday, October 6. Keefe Bruyette & Woods downgraded United Community Banks, Inc. (NASDAQ:UCBI) on Tuesday, November 29 to “Mkt Perform” rating. Hovde Group downgraded United Community Banks, Inc. (NASDAQ:UCBI) rating on Thursday, October 27. Hovde Group has “Market Perform” rating and $23 target.

United Community Banks, Inc. is a bank holding company. The company has market cap of $2.00 billion. United conducts its activities through a community-focused operating model of separate community banks, which, as of December 31, 2016, operated at 139 locations throughout the Atlanta-Sandy Springs-Roswell, Georgia, and Gainesville, Georgia metropolitan statistical areas, upstate and coastal South Carolina, north and coastal Georgia, western North Carolina, and east Tennessee. It has a 19.81 P/E ratio. The community banks offer a range of retail and corporate banking services, including checking, savings and time deposit accounts, secured and unsecured loans, wire transfers, brokerage services and other financial services.

More important recent United Community Banks, Inc. (NASDAQ:UCBI) news were published by: Globenewswire.com which released: “United Community Banks, Inc. and HCSB Financial Corporation (Horry County …” on April 20, 2017, also Bizjournals.com published article titled: “​United Community Banks names Harralson CFO”, Globenewswire.com published: “United Community Banks, Inc. Announces Date for Second Quarter 2017 Earnings …” on July 03, 2017. More interesting news about United Community Banks, Inc. (NASDAQ:UCBI) was released by: Bizjournals.com and their article: “United Community Banks to buy Raleigh bank” with publication date: June 27, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.