United Community Banks (UCBI) Receiving Somewhat Favorable News Coverage, Study Finds

News coverage about United Community Banks (NASDAQ:UCBI) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. United Community Banks earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 47.2173125776064 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

United Community Banks (UCBI) opened at $30.91 on Thursday. The company has a market cap of $2,382.48, a PE ratio of 32.88 and a beta of 0.91. United Community Banks has a 1-year low of $24.47 and a 1-year high of $32.71. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.48.

United Community Banks (NASDAQ:UCBI) last released its quarterly earnings data on Tuesday, January 23rd. The financial services provider reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.01. The company had revenue of $118.24 million during the quarter, compared to the consensus estimate of $118.26 million. United Community Banks had a net margin of 14.14% and a return on equity of 10.12%. The firm’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period last year, the firm earned $0.40 EPS. research analysts anticipate that United Community Banks will post 2.21 earnings per share for the current fiscal year.

A number of analysts have weighed in on the stock. Keefe, Bruyette & Woods raised shares of United Community Banks from a “market perform” rating to an “outperform” rating in a report on Thursday, January 25th. BidaskClub raised shares of United Community Banks from a “sell” rating to a “hold” rating in a report on Tuesday, January 16th. SunTrust Banks reaffirmed a “buy” rating and set a $33.00 price objective on shares of United Community Banks in a report on Thursday, October 12th. Zacks Investment Research raised shares of United Community Banks from a “hold” rating to a “buy” rating and set a $32.00 price objective for the company in a report on Wednesday, December 27th. Finally, ValuEngine downgraded shares of United Community Banks from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Four analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $31.00.

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About United Community Banks

United Community Banks, Inc (United) is a bank holding company. United conducts its operations 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.

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