Univest Financial (UVSP) Scheduled to Post Quarterly Earnings on Wednesday

Univest Financial (NASDAQ:UVSP) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, April 24th. Analysts expect Univest Financial to post earnings of $0.48 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Univest Financial (NASDAQ:UVSP) last posted its quarterly earnings data on Wednesday, January 24th. The financial services provider reported $0.55 EPS for the quarter, topping the consensus estimate of $0.45 by $0.10. Univest Financial had a return on equity of 8.89% and a net margin of 15.85%. The company had revenue of $71.38 million during the quarter, compared to analyst estimates of $70.32 million. On average, analysts expect Univest Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Univest Financial Price Performance

NASDAQ:UVSP opened at $19.67 on Tuesday. Univest Financial has a 12 month low of $16.10 and a 12 month high of $22.49. The stock has a 50 day moving average of $19.79 and a two-hundred day moving average of $19.59. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.55. The firm has a market cap of $580.86 million, a P/E ratio of 8.16 and a beta of 0.89.

Univest Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 21st. Shareholders of record on Wednesday, February 7th were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Tuesday, February 6th. This represents a $0.84 annualized dividend and a yield of 4.27%. Univest Financial’s dividend payout ratio (DPR) is currently 34.85%.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler boosted their price objective on Univest Financial from $18.00 to $19.00 and gave the stock a “neutral” rating in a research note on Thursday, February 1st.

Univest Financial Company Profile

Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co that provides banking products and services primarily in the United States. It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment offers a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking, and equipment lease financing services for individuals, businesses, municipalities, and nonprofit organizations.