United Community Financial Corp. (UCFC) Posts Quarterly Earnings Results, Hits Estimates
United Community Financial Corp. (NASDAQ:UCFC) released its quarterly earnings data on Tuesday. The savings and loans company reported $0.15 earnings per share for the quarter, meeting the consensus estimate of $0.15, reports. United Community Financial Corp. had a net margin of 18.95% and a return on equity of 8.90%.
Shares of United Community Financial Corp. (NASDAQ:UCFC) traded down 1.81% during trading on Tuesday, hitting $9.77. 44,800 shares of the company were exchanged. The firm has a market capitalization of $485.94 million, a PE ratio of 23.49 and a beta of 0.51. The firm’s 50-day moving average price is $9.36 and its 200 day moving average price is $8.75. United Community Financial Corp. has a 12 month low of $7.02 and a 12 month high of $10.00.
Several brokerages recently issued reports on UCFC. Boenning Scattergood set a $10.00 target price on shares of United Community Financial Corp. and gave the company a “buy” rating in a research report on Wednesday, July 19th. Keefe, Bruyette & Woods restated a “buy” rating and set a $11.00 target price on shares of United Community Financial Corp. in a research report on Friday, July 21st. Zacks Investment Research upgraded shares of United Community Financial Corp. from a “hold” rating to a “buy” rating and set a $10.00 target price for the company in a research report on Saturday, July 22nd. Finally, ValuEngine lowered shares of United Community Financial Corp. from a “buy” rating to a “hold” rating in a research report on Friday, October 6th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. United Community Financial Corp. currently has a consensus rating of “Hold” and a consensus target price of $10.33.
In other United Community Financial Corp. news, CFO Timothy Esson sold 3,500 shares of United Community Financial Corp. stock in a transaction on Thursday, September 21st. The shares were sold at an average price of $9.30, for a total transaction of $32,550.00. Following the sale, the chief financial officer now owns 57,192 shares of the company’s stock, valued at approximately $531,885.60. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, General Counsel Jude J. Nohra sold 55,348 shares of United Community Financial Corp. stock in a transaction on Tuesday, September 26th. The stock was sold at an average price of $9.21, for a total transaction of $509,755.08. Following the sale, the general counsel now directly owns 86,431 shares in the company, valued at approximately $796,029.51. The disclosure for this sale can be found here. Insiders sold a total of 81,108 shares of company stock worth $745,984 in the last three months. 3.56% of the stock is owned by corporate insiders.
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About United Community Financial Corp.
United Community Financial Corp. is financial services holding company. The Company’s subsidiaries include The Home Savings and Loan Company of Youngstown, Ohio (Home Savings or the Bank), HSB Insurance, LLC and HSB Capital, LLC. The principal business of Home Savings is the origination of mortgage loans, including construction loans, on residential and nonresidential real estate located in Home Savings’ primary market area.
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