Press coverage about Umpqua (NASDAQ:UMPQ) has been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Umpqua earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news coverage about the bank an impact score of 46.1167686668744 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Umpqua Bank Provides $47.6 Million of Senior Secured Credit Facilities to Bay Ship & Yacht Co. (feeds.benzinga.com)
- Zacks Investment Research Upgrades Umpqua (UMPQ) to “Strong-Buy” (americanbankingnews.com)
- SunTrust Banks Research Analysts Raise Earnings Estimates for Umpqua Holdings Corporation (UMPQ) (americanbankingnews.com)
- Umpqua Holdings Corporation to Post FY2017 Earnings of $1.04 Per Share, SunTrust Banks Forecasts (UMPQ) (americanbankingnews.com)
- Brokerages Expect Umpqua Holdings Corporation (UMPQ) Will Announce Quarterly Sales of $295.49 Million (americanbankingnews.com)
Several brokerages have commented on UMPQ. Wells Fargo & Co boosted their target price on shares of Umpqua from $18.00 to $20.00 and gave the stock a “market perform” rating in a research report on Friday, October 20th. Keefe, Bruyette & Woods restated a “hold” rating and set a $20.00 target price on shares of Umpqua in a research report on Monday, October 16th. SunTrust Banks restated a “buy” rating and set a $23.00 target price on shares of Umpqua in a research report on Monday, November 6th. Piper Jaffray Companies restated a “sell” rating and set a $16.50 target price on shares of Umpqua in a research report on Wednesday, October 4th. Finally, ValuEngine upgraded shares of Umpqua from a “hold” rating to a “buy” rating in a research report on Monday, September 18th. One analyst has rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and two have issued a strong buy rating to the company’s stock. Umpqua presently has an average rating of “Buy” and an average target price of $21.39.
Umpqua (NASDAQ UMPQ) opened at $22.40 on Friday. The stock has a market capitalization of $4,930.00, a price-to-earnings ratio of 21.13, a PEG ratio of 2.00 and a beta of 1.14. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.96 and a current ratio of 0.98. Umpqua has a one year low of $16.65 and a one year high of $22.86.
Umpqua (NASDAQ:UMPQ) last released its quarterly earnings results on Wednesday, October 18th. The bank reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.01). The firm had revenue of $295.87 million for the quarter, compared to analyst estimates of $297.51 million. Umpqua had a return on equity of 5.79% and a net margin of 19.04%. During the same period last year, the firm earned $0.28 EPS. research analysts forecast that Umpqua will post 1.03 earnings per share for the current fiscal year.
The company also recently declared a dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th will be paid a dividend of $0.18 per share. The ex-dividend date is Thursday, December 28th. Umpqua’s dividend payout ratio (DPR) is presently 67.92%.
In related news, insider Raymond P. Davis sold 36,829 shares of the business’s stock in a transaction dated Thursday, October 26th. The shares were sold at an average price of $20.60, for a total value of $758,677.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.52% of the company’s stock.
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Umpqua Company Profile
Umpqua Holdings Corporation is a bank holding company. The Company’s principal operating subsidiaries include Umpqua Bank (the Bank) and Umpqua Investments, Inc (Umpqua Investments). It operates through two segments: Community Banking and Home Lending. The Community Banking segment’s principal business focus is the offering of loan and deposit products to business and retail customers in its primary market areas.
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