Unity Bancorp, Inc. (NASDAQ:UNTY) Stock Has Average Target Price of $65.50 According to Analysts

Posted by Francis Steltz on Oct 19th, 2026

Shares of Unity Bancorp, Inc. (NASDAQ:UNTY – Get Free Report) have received an average recommendation of “Buy” from the six brokerages that are presently covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $65.50.

A number of equities analysts recently commented on UNTY shares. Piper Sandler raised their target price on Unity Bancorp from $65.00 to $68.00 and gave the stock an “overweight” rating in a report on Friday, June 26th. Freedom Capital upgraded Unity Bancorp from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Unity Bancorp in a research note on Friday, July 31st. Finally, DA Davidson reaffirmed a “buy” rating and issued a $68.00 price objective on shares of Unity Bancorp in a research note on Tuesday, October 13th.

Get Our Latest Analysis on UNTY

Insider Buying and Selling at Unity Bancorp

In other Unity Bancorp news, President George Boyan sold 6,504 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $59.16, for a total value of $384,776.64. Following the completion of the transaction, the president directly owned 25,015 shares in the company, valued at $1,479,887.40. This represents a 20.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 28.87% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Unity Bancorp

Institutional investors have recently bought and sold shares of the business. Legal & General Group Plc purchased a new position in Unity Bancorp in the 2nd quarter worth approximately $44,000. Allworth Financial LP purchased a new stake in Unity Bancorp during the 2nd quarter valued at approximately $92,000. Public Employees Retirement System of Ohio grew its holdings in Unity Bancorp by 17.3% during the 1st quarter. Public Employees Retirement System of Ohio now owns 3,391 shares of the financial services provider’s stock valued at $176,000 after buying an additional 500 shares in the last quarter. Virtus Advisers LLC bought a new stake in shares of Unity Bancorp during the second quarter valued at approximately $213,000. Finally, GSA Capital Partners LLP bought a new stake in shares of Unity Bancorp during the second quarter valued at approximately $268,000. Hedge funds and other institutional investors own 42.31% of the company’s stock.

Unity Bancorp Stock Performance

Unity Bancorp stock opened at $56.40 on Monday. The business has a 50-day simple moving average of $57.91 and a two-hundred day simple moving average of $56.41. The company has a market cap of $566.43 million, a P/E ratio of 9.34 and a beta of 0.65. Unity Bancorp has a 52-week low of $44.34 and a 52-week high of $62.50. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.88.

Unity Bancorp (NASDAQ:UNTY – Get Free Report) last posted its quarterly earnings data on Tuesday, October 13th. The financial services provider reported $1.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.02. The company had revenue of $36.65 million for the quarter, compared to the consensus estimate of $35.63 million. Unity Bancorp had a net margin of 31.00% and a return on equity of 16.34%. Analysts predict that Unity Bancorp will post 5.88 EPS for the current year.

Unity Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were paid a dividend of $0.17 per share. This is a boost from Unity Bancorp’s previous quarterly dividend of $0.16. The ex-dividend date was Thursday, September 3rd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.2%. Unity Bancorp’s dividend payout ratio is presently 11.26%.

About Unity Bancorp

(Get Free Report)

Unity Bancorp, Inc is the bank holding company for Unity Bank, a community-focused financial institution serving individuals, families and businesses in New Jersey and eastern Pennsylvania. Headquartered in Clinton, New Jersey, Unity Bank operates through a network of branches and provides relationship-based banking services to customers in its local markets.

The bank offers a range of deposit products, including checking, savings, money market accounts and certificates of deposit. Its lending activities include commercial and industrial loans, commercial real estate financing, residential mortgages, home equity loans and consumer loans.