United Financial Bancorp (NASDAQ:UBNK) Earns Media Sentiment Score of 0.20
Media coverage about United Financial Bancorp (NASDAQ:UBNK) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. United Financial Bancorp earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 46.6548891178908 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of United Financial Bancorp (NASDAQ:UBNK) opened at 16.96 on Friday. United Financial Bancorp has a one year low of $13.30 and a one year high of $18.66. The stock’s 50 day moving average is $17.45 and its 200-day moving average is $17.30. The company has a market cap of $851.92 million, a PE ratio of 14.63 and a beta of 0.65.
United Financial Bancorp (NASDAQ:UBNK) last announced its quarterly earnings results on Tuesday, July 18th. The bank reported $0.32 EPS for the quarter, beating the consensus estimate of $0.26 by $0.06. The firm had revenue of $55.80 million for the quarter, compared to analyst estimates of $54.22 million. United Financial Bancorp had a return on equity of 8.83% and a net margin of 22.95%. During the same quarter last year, the firm posted $0.20 earnings per share. Equities research analysts expect that United Financial Bancorp will post $1.18 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Wednesday, August 9th. Stockholders of record on Friday, July 28th were paid a dividend of $0.12 per share. The ex-dividend date was Wednesday, July 26th. This represents a $0.48 annualized dividend and a dividend yield of 2.83%. United Financial Bancorp’s dividend payout ratio is currently 41.38%.
A number of analysts have recently commented on the stock. Piper Jaffray Companies restated a “hold” rating and set a $17.00 target price on shares of United Financial Bancorp in a report on Friday, July 14th. BidaskClub upgraded shares of United Financial Bancorp from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Keefe, Bruyette & Woods upgraded shares of United Financial Bancorp from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $18.50 to $20.00 in a report on Thursday, April 20th. Finally, ValuEngine upgraded shares of United Financial Bancorp from a “hold” rating to a “buy” rating in a report on Wednesday, May 31st. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. United Financial Bancorp currently has an average rating of “Hold” and an average target price of $17.33.
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In other news, Director Michael A. Bars sold 2,350 shares of the firm’s stock in a transaction on Thursday, July 27th. The stock was sold at an average price of $18.18, for a total transaction of $42,723.00. Following the transaction, the director now owns 64,821 shares in the company, valued at $1,178,445.78. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO William Hw Iv Crawford sold 17,000 shares of the firm’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $18.14, for a total value of $308,380.00. The disclosure for this sale can be found here. Company insiders own 3.49% of the company’s stock.
About United Financial Bancorp
United Financial Bancorp, Inc is a bank holding company. The Company, through its subsidiary United Bank (the Bank) and various subsidiaries, delivers financial services to individuals, families and businesses in Connecticut and Massachusetts, including retail, commercial and consumer banking, as well as financial advisory services.
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