Umpqua (UMPQ) to Release Quarterly Earnings on Wednesday

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Umpqua (NASDAQ:UMPQ) is set to post its quarterly earnings results after the market closes on Wednesday, April 17th. Analysts expect Umpqua to post earnings of $0.38 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Umpqua (NASDAQ:UMPQ) last released its earnings results on Wednesday, January 23rd. The bank reported $0.36 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by ($0.03). The firm had revenue of $304.20 million during the quarter, compared to analysts’ expectations of $306.36 million. Umpqua had a return on equity of 8.05% and a net margin of 23.51%. During the same period in the previous year, the firm posted $0.28 earnings per share. On average, analysts expect Umpqua to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

UMPQ stock opened at $17.67 on Tuesday. The company has a market capitalization of $3.91 billion, a price-to-earnings ratio of 12.10, a PEG ratio of 1.18 and a beta of 1.08. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.99 and a quick ratio of 0.98. Umpqua has a one year low of $15.09 and a one year high of $24.89.

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 29th were paid a $0.21 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $0.84 annualized dividend and a yield of 4.75%. Umpqua’s payout ratio is currently 57.53%.

In other news, CFO Ron L. Farnsworth sold 9,500 shares of the business’s stock in a transaction on Thursday, January 31st. The shares were sold at an average price of $17.62, for a total transaction of $167,390.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.43% of the stock is owned by insiders.

Several analysts have commented on the stock. Zacks Investment Research cut shares of Umpqua from a “hold” rating to a “sell” rating in a research note on Wednesday, March 27th. BidaskClub raised shares of Umpqua from a “strong sell” rating to a “sell” rating in a research note on Monday, April 1st. Finally, ValuEngine raised shares of Umpqua from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. Umpqua currently has an average rating of “Hold” and an average target price of $23.25.

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Umpqua Company Profile

Umpqua Holdings Corporation operates as the holding company of Umpqua Bank that provides commercial and retail banking, and retail brokerage services. It operates through four segments: Wholesale Bank, Wealth Management, Retail Bank, and Home Lending. The company offers deposit products, including non-interest bearing checking, interest bearing checking and savings, and money market accounts, as well as certificates of deposit.

Further Reading: What are Institutional Investors?

Earnings History for Umpqua (NASDAQ:UMPQ)

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