Unity Bancorp, Inc. (NASDAQ:UNTY) Given Average Recommendation of “Buy” by Analysts

Posted by Francis Steltz on Aug 5th, 2026

Shares of Unity Bancorp, Inc. (NASDAQ:UNTY – Get Free Report) have received a consensus rating of “Buy” from the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $65.50.

Several analysts recently issued reports on UNTY shares. Weiss Ratings reiterated a “buy (b+)” rating on shares of Unity Bancorp in a research report on Friday. Brean Capital initiated coverage on shares of Unity Bancorp in a research report on Wednesday, April 22nd. They set a “buy” rating and a $61.00 target price on the stock. Piper Sandler upped their target price on Unity Bancorp from $65.00 to $68.00 and gave the company an “overweight” rating in a report on Friday, June 26th. Freedom Capital upgraded shares of Unity Bancorp from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Finally, DA Davidson reaffirmed a “buy” rating and set a $68.00 price target on shares of Unity Bancorp in a research note on Wednesday, July 15th.

Get Our Latest Stock Report on Unity Bancorp

Unity Bancorp Stock Up 1.5%

Unity Bancorp stock opened at $60.03 on Wednesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.17 and a quick ratio of 1.17. The company’s 50-day moving average is $56.84 and its 200-day moving average is $54.45. The firm has a market capitalization of $602.70 million, a PE ratio of 10.44 and a beta of 0.62. Unity Bancorp has a fifty-two week low of $44.34 and a fifty-two week high of $60.86.

Unity Bancorp (NASDAQ:UNTY – Get Free Report) last posted its earnings results on Tuesday, July 14th. The financial services provider reported $1.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.44 by ($0.02). The company had revenue of $34.40 million for the quarter, compared to analyst estimates of $34.62 million. Unity Bancorp had a return on equity of 16.40% and a net margin of 30.26%. Sell-side analysts anticipate that Unity Bancorp will post 5.86 earnings per share for the current year.

Unity Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were paid a $0.16 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $0.64 annualized dividend and a dividend yield of 1.1%. Unity Bancorp’s dividend payout ratio is 11.13%.

Insider Transactions at Unity Bancorp

In other Unity Bancorp news, Director Mark S. Brody sold 1,600 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $55.23, for a total value of $88,368.00. Following the completion of the sale, the director directly owned 113,854 shares of the company’s stock, valued at approximately $6,288,156.42. This represents a 1.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 28.87% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Unity Bancorp

Several large investors have recently modified their holdings of UNTY. AQR Capital Management LLC lifted its stake in shares of Unity Bancorp by 70.8% during the 1st quarter. AQR Capital Management LLC now owns 11,419 shares of the financial services provider’s stock valued at $465,000 after buying an additional 4,732 shares in the last quarter. Empowered Funds LLC lifted its position in Unity Bancorp by 7.2% during the first quarter. Empowered Funds LLC now owns 37,456 shares of the financial services provider’s stock valued at $1,524,000 after purchasing an additional 2,524 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Unity Bancorp in the 1st quarter worth $283,000. Strs Ohio bought a new position in shares of Unity Bancorp during the 1st quarter valued at about $49,000. Finally, Cetera Investment Advisers raised its stake in shares of Unity Bancorp by 7.3% during the second quarter. Cetera Investment Advisers now owns 8,335 shares of the financial services provider’s stock worth $392,000 after acquiring an additional 565 shares in the last quarter. Hedge funds and other institutional investors own 42.31% of the company’s stock.

Unity Bancorp Company Profile

(Get Free Report)

Unity Bancorp, Inc is a bank holding company headquartered in Morrisville, Pennsylvania, trading on the NASDAQ under the ticker UNTY. Through its primary subsidiary, Unity Bank, the company delivers a comprehensive suite of commercial and retail banking services to individuals, businesses and municipal clients in its regional markets.

Founded in 1906, Unity Bank maintains a network of conveniently located branches across Bucks County and adjacent areas of southeastern Pennsylvania. The company’s deposit portfolio includes checking and savings accounts, money market accounts and certificates of deposit, while its loan offerings encompass commercial real estate, construction and land development, agricultural and consumer lending solutions.

Beyond traditional deposit and lending activities, Unity Bancorp provides cash management and merchant services, as well as internet and mobile banking platforms designed to streamline day-to-day financial operations.