Unity Bancorp, Inc. (NASDAQ:UNTY) Receives Consensus Rating of “Buy” from Analysts

Posted by George Bondi on Aug 23rd, 2026

Shares of Unity Bancorp, Inc. (NASDAQ:UNTY – Get Free Report) have been assigned an average rating of “Buy” from the six ratings firms that are currently covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $65.50.

A number of equities analysts have commented on the stock. Freedom Capital raised shares of Unity Bancorp from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Weiss Ratings restated a “buy (b+)” rating on shares of Unity Bancorp in a report on Friday, July 31st. DA Davidson reaffirmed a “buy” rating and set a $68.00 price target on shares of Unity Bancorp in a research report on Wednesday, July 15th. Finally, Piper Sandler upped their price objective on Unity Bancorp from $65.00 to $68.00 and gave the company an “overweight” rating in a report on Friday, June 26th.

View Our Latest Research Report on Unity Bancorp

Unity Bancorp Stock Up 0.6%

Shares of UNTY opened at $59.44 on Friday. 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. The stock has a fifty day simple moving average of $58.16 and a two-hundred day simple moving average of $55.07. The company has a market capitalization of $596.78 million, a PE ratio of 10.34 and a beta of 0.62.

Unity Bancorp (NASDAQ:UNTY – Get Free Report) last announced its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $1.42 earnings per share for the quarter, missing the consensus estimate of $1.44 by ($0.02). Unity Bancorp had a net margin of 30.26% and a return on equity of 16.10%. The firm had revenue of $33.75 million for the quarter, compared to analyst estimates of $34.62 million. As a group, equities analysts forecast that Unity Bancorp will post 5.86 EPS for the current year.

Unity Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be given a $0.17 dividend. This is an increase from Unity Bancorp’s previous quarterly dividend of $0.16. This represents a $0.68 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, September 3rd. Unity Bancorp’s dividend payout ratio (DPR) is presently 11.13%.

Insider Activity at Unity Bancorp

In other news, Director Mark S. Brody sold 1,600 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $55.23, for a total value of $88,368.00. Following the transaction, the director owned 113,854 shares of the company’s stock, valued at $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 available at this hyperlink. 28.87% of the stock is currently owned by company insiders.

Institutional Trading of Unity Bancorp

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Wesbanco Bank Inc. purchased a new position in Unity Bancorp during the first quarter worth about $1,083,000. Quantinno Capital Management LP increased its position in shares of Unity Bancorp by 33.0% during the first quarter. Quantinno Capital Management LP now owns 6,615 shares of the financial services provider’s stock valued at $343,000 after acquiring an additional 1,643 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in shares of Unity Bancorp in the 2nd quarter valued at approximately $268,000. Virtus Advisers LLC purchased a new stake in shares of Unity Bancorp in the 2nd quarter valued at approximately $213,000. Finally, Public Employees Retirement System of Ohio lifted its holdings in shares of 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. 42.31% of the stock is currently owned by hedge funds and other institutional investors.

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.