Union Bankshares Corporation (UBSH) Earning Somewhat Positive Press Coverage, Report Finds
Media headlines about Union Bankshares Corporation (NASDAQ:UBSH) have been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Union Bankshares Corporation earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 45.4408154664593 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of equities research analysts recently weighed in on the stock. BidaskClub upgraded shares of Union Bankshares Corporation from a “sell” rating to a “hold” rating in a report on Saturday, June 10th. ValuEngine upgraded shares of Union Bankshares Corporation from a “hold” rating to a “buy” rating in a report on Friday, June 16th. Zacks Investment Research upgraded shares of Union Bankshares Corporation from a “sell” rating to a “hold” rating in a report on Thursday. Finally, Brean Capital reiterated a “hold” rating on shares of Union Bankshares Corporation in a report on Wednesday, August 2nd. One research analyst has rated the stock with a sell rating, two have given a hold rating, three have given a buy rating and two have given a strong buy rating to the company. Union Bankshares Corporation presently has a consensus rating of “Buy” and a consensus price target of $39.33.
Shares of Union Bankshares Corporation (NASDAQ:UBSH) traded up 0.86% during midday trading on Thursday, reaching $35.30. 89,073 shares of the company were exchanged. The firm has a market capitalization of $1.54 billion, a P/E ratio of 19.68 and a beta of 1.25. The firm has a 50-day moving average of $32.28 and a 200 day moving average of $33.30. Union Bankshares Corporation has a 52 week low of $26.46 and a 52 week high of $39.37.
Union Bankshares Corporation (NASDAQ:UBSH) last posted its earnings results on Wednesday, July 19th. The financial services provider reported $0.46 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.46. Union Bankshares Corporation had a net margin of 20.42% and a return on equity of 7.97%. The company had revenue of $87.06 million for the quarter, compared to analysts’ expectations of $89.67 million. On average, equities research analysts expect that Union Bankshares Corporation will post $1.86 EPS for the current year.
Union Bankshares Corporation Company Profile
Union Bankshares Corporation is a financial holding company and bank holding company. The Company operates through two segments: a community bank segment and mortgage loan origination business segment. The Company offers financial services through its community bank subsidiary, Union Bank & Trust (the Bank) and three non-bank financial services affiliates.
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