UMB Financial (UMBF) Given Daily Coverage Optimism Score of 0.25
Media coverage about UMB Financial (NASDAQ:UMBF) has trended somewhat positive recently, according to Accern. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. UMB Financial earned a news impact score of 0.25 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 47.5746014835095 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- UMB Healthcare Services Offers New Technology Features (finance.yahoo.com)
- UMB Financial Corp (UMBF) Expected to Announce Quarterly Sales of $254.35 Million (americanbankingnews.com)
- UMB Financial (UMBF) Scheduled to Post Earnings on Tuesday (americanbankingnews.com)
- UMB Financial Corp (UMBF) Expected to Announce Earnings of $0.89 Per Share (americanbankingnews.com)
- UMB Financial (UMBF) Upgraded to “Strong-Buy” by Zacks Investment Research (americanbankingnews.com)
A number of equities analysts have issued reports on the company. Zacks Investment Research downgraded UMB Financial from a “hold” rating to a “sell” rating in a report on Thursday, November 30th. Piper Jaffray Companies reiterated a “neutral” rating and issued a $74.00 price objective on shares of UMB Financial in a report on Friday, October 6th. Finally, BidaskClub downgraded UMB Financial from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $77.40.
UMB Financial (NASDAQ:UMBF) last posted its quarterly earnings data on Tuesday, October 24th. The bank reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.05. The business had revenue of $245.20 million during the quarter, compared to the consensus estimate of $257.76 million. UMB Financial had a return on equity of 9.03% and a net margin of 17.05%. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.87 earnings per share. equities analysts forecast that UMB Financial will post 3.59 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 2nd. Shareholders of record on Friday, December 8th were issued a $0.275 dividend. This is an increase from UMB Financial’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Thursday, December 7th. This represents a $1.10 dividend on an annualized basis and a yield of 1.45%. UMB Financial’s dividend payout ratio is 30.64%.
In other news, insider Kevin M. Macke sold 1,332 shares of the stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $75.50, for a total value of $100,566.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Christian R. Swett sold 1,862 shares of the stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of $73.50, for a total value of $136,857.00. The disclosure for this sale can be found here. 10.09% of the stock is currently owned by corporate insiders.
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About UMB Financial
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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