UMB Financial Corporation (UMBF) Receiving Somewhat Favorable Media Coverage, Analysis Finds
Media coverage about UMB Financial Corporation (NASDAQ:UMBF) has been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. UMB Financial Corporation earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 47.4492832495647 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
UMBF has been the subject of several analyst reports. Zacks Investment Research downgraded shares of UMB Financial Corporation from a “buy” rating to a “hold” rating in a research note on Friday, October 20th. BidaskClub downgraded shares of UMB Financial Corporation from a “sell” rating to a “strong sell” rating in a research note on Monday, July 31st. Stephens set a $71.00 target price on shares of UMB Financial Corporation and gave the company a “hold” rating in a research note on Wednesday, July 26th. Piper Jaffray Companies reissued a “neutral” rating and issued a $74.00 target price on shares of UMB Financial Corporation in a research note on Friday, October 6th. Finally, Raymond James Financial, Inc. raised shares of UMB Financial Corporation from a “market perform” rating to an “outperform” rating in a research note on Thursday, August 10th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $77.20.
UMB Financial Corporation (NASDAQ UMBF) opened at $71.19 on Thursday. UMB Financial Corporation has a one year low of $62.27 and a one year high of $81.55. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.04. The company has a market cap of $3,543.57, a PE ratio of 19.31, a PEG ratio of 2.33 and a beta of 0.84.
UMB Financial Corporation (NASDAQ:UMBF) last posted its quarterly earnings data on Tuesday, October 24th. The bank reported $0.98 EPS for the quarter, beating the Zacks’ consensus estimate of $0.93 by $0.05. UMB Financial Corporation had a net margin of 17.05% and a return on equity of 9.03%. The company had revenue of $245.20 million during the quarter, compared to the consensus estimate of $257.76 million. During the same quarter in the prior year, the company posted $0.87 EPS. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. sell-side analysts forecast that UMB Financial Corporation will post 3.64 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Friday, December 8th will be paid a dividend of $0.275 per share. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.55%. This is an increase from UMB Financial Corporation’s previous quarterly dividend of $0.26. UMB Financial Corporation’s dividend payout ratio is currently 28.41%.
In related news, Director Timothy R. Murphy acquired 1,500 shares of the company’s stock in a transaction dated Tuesday, September 12th. The stock was bought at an average price of $67.50 per share, with a total value of $101,250.00. Following the purchase, the director now directly owns 4,049 shares in the company, valued at approximately $273,307.50. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 10.09% of the company’s stock.
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UMB Financial Corporation Company Profile
UMB Financial Corporation is a diversified financial holding company. The Company supplies banking services, institutional investment management, asset servicing and payment solutions to its customers in the United States and around the globe. The Company’s segments include Bank, which provides a range of banking services to commercial, retail, government and correspondent bank customers through the Company’s branches, call center, Internet banking and automated teller machine network; Institutional Investment Management, which provides equity and fixed income investment strategies in the intermediary and institutional markets, and Asset Servicing, which provides services to the asset management industry, supporting a range of investment products, including mutual funds, alternative investments and managed accounts.
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