United Microelectronics Corporation (UMC) Earns News Impact Score of 0.15
Media stories about United Microelectronics Corporation (NYSE:UMC) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. United Microelectronics Corporation earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave headlines about the semiconductor company an impact score of 45.9625493874724 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
UMC has been the topic of several research analyst reports. Deutsche Bank AG lowered United Microelectronics Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, June 29th. Credit Suisse Group lowered United Microelectronics Corporation from a “neutral” rating to an “underperform” rating in a research note on Thursday, July 27th. Nomura lowered United Microelectronics Corporation from a “neutral” rating to a “reduce” rating in a research note on Friday, June 30th. BidaskClub lowered United Microelectronics Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, June 20th. Finally, Instinet lowered United Microelectronics Corporation from a “neutral” rating to a “reduce” rating in a research note on Monday, July 3rd. Eight equities research analysts have rated the stock with a sell rating, one has given a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $2.10.
Shares of United Microelectronics Corporation (UMC) opened at 2.71 on Friday. The stock has a market cap of $6.62 billion, a price-to-earnings ratio of 20.85 and a beta of 0.60. The company has a 50-day moving average price of $2.40 and a 200-day moving average price of $2.13. United Microelectronics Corporation has a 1-year low of $1.74 and a 1-year high of $2.73.
United Microelectronics Corporation (NYSE:UMC) last posted its quarterly earnings data on Wednesday, July 26th. The semiconductor company reported $0.03 EPS for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.01. United Microelectronics Corporation had a net margin of 6.52% and a return on equity of 4.58%. The business had revenue of $37.54 billion for the quarter, compared to analyst estimates of $37.15 billion. During the same quarter last year, the business earned $0.37 earnings per share. The business’s revenue for the quarter was down 1.2% on a year-over-year basis. On average, equities analysts expect that United Microelectronics Corporation will post $0.11 earnings per share for the current fiscal year.
The business also recently disclosed an annual dividend, which was paid on Thursday, August 17th. Investors of record on Tuesday, July 11th were paid a dividend of $0.0827 per share. This represents a dividend yield of 4.22%. The ex-dividend date of this dividend was Friday, July 7th. This is a positive change from United Microelectronics Corporation’s previous annual dividend of $0.00. United Microelectronics Corporation’s dividend payout ratio (DPR) is currently 46.16%.
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United Microelectronics Corporation Company Profile
United Microelectronics Corporation is a global semiconductor foundry. The Company provides integrated circuit (IC) production for applications spanning every sector of the electronics industry. The Company operates through two segments: wafer fabrication and new business. The primary operating activity of the Company’s wafer fabrication segment is the manufacture of chips to the design specifications of its customers by using its own processes and techniques.
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