United Bankshares (NASDAQ:UBSI – Free Report) had its target price hoisted by Hovde Group from $49.00 to $50.00 in a research report report published on Friday morning, Marketbeat.com reports. They currently have a market perform rating on the financial services provider’s stock.
UBSI has been the subject of several other reports. Wall Street Zen lowered United Bankshares from a “hold” rating to a “sell” rating in a research note on Saturday, June 13th. Raymond James Financial boosted their target price on United Bankshares from $49.00 to $50.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Zacks Research lowered United Bankshares from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 26th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of United Bankshares in a research report on Monday, July 6th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $46.80.
Check Out Our Latest Stock Analysis on United Bankshares
United Bankshares Price Performance
United Bankshares (NASDAQ:UBSI – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $0.95 EPS for the quarter, topping the consensus estimate of $0.89 by $0.06. United Bankshares had a return on equity of 9.39% and a net margin of 27.97%.The company had revenue of $323.82 million during the quarter, compared to analyst estimates of $320.07 million. During the same quarter last year, the business posted $0.85 earnings per share. On average, equities research analysts anticipate that United Bankshares will post 3.65 EPS for the current fiscal year.
United Bankshares Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Friday, June 12th were given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Friday, June 12th. United Bankshares’s dividend payout ratio is 42.58%.
Institutional Trading of United Bankshares
Several institutional investors have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd purchased a new position in shares of United Bankshares during the third quarter valued at approximately $25,000. Eurizon Capital SGR S.p.A. purchased a new stake in shares of United Bankshares in the fourth quarter worth approximately $26,000. Root Financial Partners LLC lifted its stake in shares of United Bankshares by 64.4% during the 1st quarter. Root Financial Partners LLC now owns 786 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 308 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in shares of United Bankshares by 196.2% during the 4th quarter. Farther Finance Advisors LLC now owns 856 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 567 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in United Bankshares by 528.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,175 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 988 shares during the period. Institutional investors own 70.80% of the company’s stock.
United Bankshares News Roundup
Here are the key news stories impacting United Bankshares this week:
- Positive Sentiment: United Bankshares reported Q2 2026 EPS of $0.95, topping the $0.89 consensus estimate and improving from $0.85 a year ago, while revenue of $323.82 million also came in above expectations. Article Title
- Positive Sentiment: The company’s Q2 results were described as a sales surprise, reinforcing the idea that underlying business performance remains solid heading into the rest of the year. Article Title
- Positive Sentiment: Hovde Group raised its price target on UBSI from $49 to $50, signaling slightly improved valuation expectations even though the rating stayed at “market perform.” Article Title
- Neutral Sentiment: Commentary around the stock asks whether UBSI is undervalued after Q2 earnings and completion of its buyback, which suggests investors are weighing earnings strength against already-positive sentiment. Article Title
United Bankshares Company Profile
United Bankshares, Inc, headquartered in Charleston, West Virginia, is a bank holding company that provides a full range of financial services through its primary subsidiary, United Bank. The company’s core offerings include retail and commercial banking products such as checking and savings accounts, certificates of deposit, personal and business loans, mortgages, and treasury management services. In addition, United Bankshares delivers private banking, wealth management, trust and fiduciary solutions, and investment advisory services to meet the needs of individual, corporate, and institutional clients.
United Bankshares operates an extensive branch network across West Virginia, Virginia, Maryland, the District of Columbia, Ohio, Pennsylvania, and South Carolina.
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