First United (FUNC) Expected to Announce Earnings on Monday

First United (NASDAQ:FUNC) is anticipated to release its earnings data before the market opens on Monday, February 3rd. Analysts expect First United to post earnings of $0.86 per share and revenue of $20.49 million for the quarter.

First United Trading Up 0.8 %

Shares of FUNC stock opened at $32.58 on Friday. The firm has a 50-day moving average price of $33.97 and a 200 day moving average price of $31.17. First United has a twelve month low of $19.17 and a twelve month high of $36.49. The company has a market capitalization of $210.79 million, a price-to-earnings ratio of 13.24 and a beta of 0.81. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.70.

First United Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, February 3rd. Investors of record on Friday, January 17th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.70%. The ex-dividend date of this dividend is Friday, January 17th. First United’s payout ratio is 35.77%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of First United from a “buy” rating to a “hold” rating in a research note on Friday.

First United Company Profile

First United Corporation operates as the bank holding company for First United Bank & Trust that provides various retail and commercial banking services to businesses and individuals. It offers various deposit products, which includes checking, savings, money market deposit, and regular and individual retirement accounts (IRAs), as well as certificates of deposit.