Wall Street brokerages expect United Community Financial Corp (NASDAQ:UCFC) to report $28.10 million in sales for the current quarter, according to Zacks. Two analysts have issued estimates for United Community Financial’s earnings. The lowest sales estimate is $28.00 million and the highest is $28.20 million. United Community Financial posted sales of $27.35 million in the same quarter last year, which suggests a positive year over year growth rate of 2.7%. The firm is scheduled to announce its next quarterly earnings results on Tuesday, April 16th.
On average, analysts expect that United Community Financial will report full year sales of $117.45 million for the current financial year, with estimates ranging from $116.90 million to $118.00 million. For the next year, analysts forecast that the firm will post sales of $126.48 million, with estimates ranging from $126.10 million to $126.86 million. Zacks’ sales averages are an average based on a survey of sell-side research firms that that provide coverage for United Community Financial.
United Community Financial (NASDAQ:UCFC) last announced its quarterly earnings data on Wednesday, January 23rd. The savings and loans company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.02). United Community Financial had a return on equity of 12.34% and a net margin of 27.75%. The business had revenue of $29.08 million for the quarter, compared to the consensus estimate of $29.03 million.
Shares of UCFC stock traded down $0.14 on Friday, hitting $9.43. 340,100 shares of the company’s stock were exchanged, compared to its average volume of 103,376. The company has a quick ratio of 0.93, a current ratio of 0.97 and a debt-to-equity ratio of 0.31. United Community Financial has a 12 month low of $8.49 and a 12 month high of $11.98. The company has a market cap of $476.90 million, a P/E ratio of 12.74 and a beta of 0.60.
The company also recently announced a quarterly dividend, which was paid on Friday, February 15th. Shareholders of record on Monday, February 4th were given a $0.07 dividend. The ex-dividend date of this dividend was Friday, February 1st. This represents a $0.28 annualized dividend and a yield of 2.97%. United Community Financial’s dividend payout ratio is presently 37.84%.
Institutional investors have recently bought and sold shares of the business. Legal & General Group Plc raised its position in United Community Financial by 56.2% in the fourth quarter. Legal & General Group Plc now owns 10,843 shares of the savings and loans company’s stock valued at $96,000 after purchasing an additional 3,902 shares during the last quarter. Private Advisor Group LLC bought a new position in United Community Financial in the third quarter valued at about $107,000. Jefferies Group LLC bought a new position in United Community Financial in the third quarter valued at about $124,000. Citigroup Inc. raised its position in United Community Financial by 17.9% in the fourth quarter. Citigroup Inc. now owns 15,420 shares of the savings and loans company’s stock valued at $136,000 after purchasing an additional 2,342 shares during the last quarter. Finally, Metropolitan Life Insurance Co. NY raised its position in United Community Financial by 356.4% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 16,537 shares of the savings and loans company’s stock valued at $146,000 after purchasing an additional 12,914 shares during the last quarter. Hedge funds and other institutional investors own 62.23% of the company’s stock.
United Community Financial Company Profile
United Community Financial Corp. operates as the holding company for Home Savings Bank that provides consumer and business banking services. The company offers various deposit instruments, including checking accounts, regular savings accounts, money market accounts, individual retirement accounts, and certificates of deposit.
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