Unity Bancorp, Inc. (NASDAQ:UNTY) Stock Rated “Buy” by Sell-Side Brokerages

Posted by Francis Steltz on Nov 6th, 2026

Unity Bancorp, Inc. (NASDAQ:UNTY – Get Free Report) has been assigned a consensus rating of “Buy” from the six brokerages that are covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $65.50.

Several research firms have issued reports on UNTY. DA Davidson restated a “buy” rating and set a $68.00 price target on shares of Unity Bancorp in a research report on Tuesday, October 13th. Freedom Capital upgraded Unity Bancorp from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Finally, Weiss Ratings raised Unity Bancorp from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, October 19th.

View Our Latest Research Report on UNTY

Insider Activity at Unity Bancorp

In other Unity Bancorp news, President George Boyan sold 6,504 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $59.16, for a total value of $384,776.64. Following the completion of the sale, the president owned 25,015 shares in the company, valued at approximately $1,479,887.40. The trade was a 20.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Peter E. Maricondo sold 470 shares of the stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $56.25, for a total value of $26,437.50. Following the sale, the director directly owned 49,943 shares of the company’s stock, valued at approximately $2,809,293.75. This trade represents a 0.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 7,819 shares of company stock worth $461,162. 28.87% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

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

Unity Bancorp Trading Down 2.7%

Shares of UNTY opened at $57.77 on Friday. Unity Bancorp has a fifty-two week low of $44.50 and a fifty-two week high of $62.50. The firm has a market cap of $580.01 million, a price-to-earnings ratio of 9.56 and a beta of 0.62. The firm has a 50 day moving average price of $57.26 and a 200-day moving average price of $55.58. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.17 and a current ratio of 1.17.

Unity Bancorp (NASDAQ:UNTY – Get Free Report) last released its earnings results on Tuesday, October 13th. The financial services provider reported $1.51 EPS for the quarter, beating the consensus estimate of $1.49 by $0.02. Unity Bancorp had a net margin of 31.00% and a return on equity of 16.34%. The company had revenue of $36.65 million for the quarter, compared to analyst estimates of $35.63 million. As a group, equities research analysts forecast that Unity Bancorp will post 5.91 earnings per share for the current year.

Unity Bancorp Increases Dividend

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

About Unity Bancorp

(Get Free Report)

Unity Bancorp, Inc is the bank holding company for Unity Bank, a community-focused financial institution headquartered in Clinton, New Jersey. The bank provides banking and financial services to individuals, families, businesses and nonprofit organizations through locations primarily serving central New Jersey.

Unity Bank offers a range of deposit products, including checking, savings, money market and certificate of deposit accounts, as well as consumer, residential mortgage and commercial lending.