From what 8 stock analysts predict, the share price for United Community Banks Inc-GA (UCBI) might increase by 14.89% in the next year. This is based on a 12-month average estimation for UCBI. Price targets go from $29 to $35. The majority of stock analysts believe UCBI is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 8 Wall Street analysts have assigned UCBI 6 buy ratings, 2 hold ratings, and 0 sell ratings. This means that analysts expect United Community Banks Inc-GA to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on UCBI. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of UCBI.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Gary Tenner DA Davidson | Buy | $35 | Maintains | Jul 25, 2024 |
Catherine Mealor Keefe, Bruyette & Woods | Market Perform | $32 | Maintains | Jul 25, 2024 |
Brandon King Truist Securities | Hold | $31 | Maintains | Jul 25, 2024 |
Brandon King Truist Securities | Hold | $26 | Maintains | Jul 8, 2024 |
Stephen Scouten Piper Sandler | Neutral | $28 | Maintains | Apr 25, 2024 |
Brandon King Truist Securities | Hold | $28 | Maintains | Apr 1, 2024 |
Stephen Scouten Piper Sandler | Neutral | $30 | Maintains | Jan 25, 2024 |
Kevin Fitzsimmons DA Davidson | Buy | $34 | Maintains | Jan 2, 2024 |
Stephen Scouten Piper Sandler | Neutral | $28 | Maintains | Dec 29, 2023 |
Jennifer Demba Truist Securities | Hold | $32 | Maintains | Dec 15, 2023 |
Stephen Scouten Piper Sandler | Neutral | Downgrade | Oct 19, 2023 | |
Jennifer Demba Truist Securities | Hold | $26 | Maintains | Sep 27, 2023 |
DA Davidson | Buy | Maintains | Sep 14, 2023 | |
Keefe, Bruyette & Woods | Market Perform | Downgrade | Jul 20, 2023 | |
Stephens & Co. | Overweight | Maintains | Jul 20, 2023 | |
Truist Securities | Hold | Maintains | Jul 20, 2023 | |
Kevin Fitzsimmons DA Davidson | Buy | $30 | Maintains | Apr 24, 2023 |
Jennifer Demba Truist Securities | Hold | $29 | Maintains | Apr 21, 2023 |
Brad Milsaps Piper Sandler | Overweight | $31 | Maintains | Apr 20, 2023 |
Catherine Mealor Keefe, Bruyette & Woods | Outperform | $35 | Maintains | Apr 6, 2023 |
When did it IPO
2002
Staff Count
3,121
Country
United States
Sector/Industry
Financial Services/BanksโRegional
CEO
Mr. Herbert Lynn Harton
Market Cap
$3.32B
In 2023, UCBI generated $871.9M in revenue, which was a increase of 0.44% from the previous year. This can be seen as a signal that UCBI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - United Community Banks, Inc. (UCBI) has reached a key support level, and its 50-day moving average has crossed above the 200-day moving average, indicating a "golden cross" signal.
Why It Matters - The "golden cross" signals potential upward momentum for UCBI's stock, suggesting a bullish trend that could attract more buyers and drive prices higher.
Summary - United Community Banks, Inc. will transfer its common stock and Depositary Shares from Nasdaq to NYSE, starting August 6, 2024, under new ticker symbols โUCBโ and โUCB PRI.โ
Why It Matters - The transfer to NYSE may enhance visibility and credibility, potentially attracting more institutional investors and impacting stock liquidity and valuation.
Summary - United Community Banks, Inc. (NASDAQ: UCBI) will hold its Q2 2024 earnings conference call on July 24, 2024, at 11:00 AM ET, featuring key company executives and analysts.
Why It Matters - The earnings call provides insights into UCBI's financial performance and strategic direction, influencing stock valuation and investor sentiment. Key analyst participation highlights market interest.
Summary - United Community Banks, Inc. reported a net income of $66.6 million for Q2 2024, with pre-tax, pre-provision income at $98.2 million.
Why It Matters - United Community Banks' strong Q2 net income signals robust financial health, potentially boosting investor confidence and affecting stock performance positively.
Summary - United Community Banks' Q2 2024 results show key metrics that should be compared to Wall Street estimates and year-over-year performance for a comprehensive analysis.
Why It Matters - Comparing UCBI's performance metrics to Wall Street estimates and previous year values helps assess growth potential, earnings stability, and overall market competitiveness, influencing investment decisions.
Summary - United Community Banks (UCBI) reported Q3 earnings of $0.58 per share, surpassing the Zacks estimate of $0.51 and up from $0.55 per share year-over-year.
Why It Matters - UCBI's earnings beat expectations, indicating strong performance and potential growth, which can boost investor confidence and positively impact stock prices.