Umpqua (UMPQ) to Release Quarterly Earnings on Wednesday

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Umpqua (NASDAQ:UMPQ) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, January 22nd. Analysts expect the company to announce earnings of $0.36 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Umpqua (NASDAQ:UMPQ) last posted its quarterly earnings results on Wednesday, October 16th. The bank reported $0.38 EPS for the quarter, topping the consensus estimate of $0.37 by $0.01. Umpqua had a return on equity of 8.41% and a net margin of 24.20%. The business had revenue of $317.49 million for the quarter, compared to analyst estimates of $302.20 million. During the same quarter in the previous year, the firm earned $0.41 EPS. On average, analysts expect Umpqua to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NASDAQ UMPQ opened at $18.24 on Wednesday. Umpqua has a 52 week low of $15.06 and a 52 week high of $18.63. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.34. The business’s fifty day simple moving average is $17.47 and its 200-day simple moving average is $16.61. The firm has a market cap of $3.96 billion, a PE ratio of 12.49, a P/E/G ratio of 1.59 and a beta of 1.10.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.21 per share. The ex-dividend date is Monday, December 30th. This represents a $0.84 annualized dividend and a dividend yield of 4.61%. Umpqua’s dividend payout ratio is presently 57.53%.

UMPQ has been the topic of several analyst reports. Wedbush reduced their price target on Umpqua from $18.00 to $16.00 and set a “neutral” rating on the stock in a report on Thursday, October 17th. Zacks Investment Research upgraded Umpqua from a “sell” rating to a “hold” rating in a report on Saturday, October 26th. ValuEngine upgraded Umpqua from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. BidaskClub upgraded Umpqua from a “hold” rating to a “buy” rating in a report on Friday, January 10th. Finally, SunTrust Banks reduced their price target on Umpqua from $20.00 to $19.00 and set a “buy” rating on the stock in a report on Thursday, October 3rd. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $18.25.

In related news, Director Susan F. Stevens sold 12,000 shares of the business’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $16.69, for a total value of $200,280.00. Following the sale, the director now directly owns 35,012 shares in the company, valued at approximately $584,350.28. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.43% of the stock is currently owned by insiders.

About Umpqua

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.

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Earnings History for Umpqua (NASDAQ:UMPQ)

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