United Financial Bancorp (UBNK) Earning Somewhat Favorable News Coverage, Study Finds
Press coverage about United Financial Bancorp (NASDAQ:UBNK) has been trending somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. United Financial Bancorp earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave headlines about the bank an impact score of 46.508622681432 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of United Financial Bancorp (UBNK) traded up $0.12 during trading hours on Friday, reaching $17.86. 72,293 shares of the company traded hands, compared to its average volume of 121,436. The company has a market cap of $896.50, a P/E ratio of 14.94 and a beta of 0.72. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.02 and a current ratio of 1.03. United Financial Bancorp has a fifty-two week low of $15.75 and a fifty-two week high of $18.99.
United Financial Bancorp (NASDAQ:UBNK) last released its quarterly earnings results on Tuesday, October 17th. The bank reported $0.30 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.01. The firm had revenue of $54.84 million during the quarter, compared to the consensus estimate of $56.29 million. United Financial Bancorp had a net margin of 22.67% and a return on equity of 8.87%. During the same quarter last year, the firm earned $0.28 earnings per share. equities analysts predict that United Financial Bancorp will post 1.16 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 8th. Stockholders of record on Friday, October 27th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.69%. The ex-dividend date was Thursday, October 26th. United Financial Bancorp’s payout ratio is currently 40.68%.
UBNK has been the subject of several research reports. BidaskClub downgraded shares of United Financial Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, August 16th. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $21.00 price objective on shares of United Financial Bancorp in a research note on Tuesday, October 3rd.
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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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