What is DA Davidson’s Forecast for UBSI Q1 Earnings?

United Bankshares, Inc. (NASDAQ:UBSI) – Analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of United Bankshares in a research report issued to clients and investors on Tuesday, February 4th. DA Davidson analyst M. Navas forecasts that the financial services provider will post earnings of $0.63 per share for the quarter. The consensus estimate for United Bankshares’ current full-year earnings is $2.82 per share.

Several other brokerages also recently weighed in on UBSI. Stephens reissued an “equal weight” rating and issued a $43.00 target price on shares of United Bankshares in a research note on Monday, January 27th. Keefe, Bruyette & Woods dropped their price objective on shares of United Bankshares from $46.00 to $45.00 and set a “market perform” rating for the company in a research note on Monday, January 27th. Finally, StockNews.com downgraded shares of United Bankshares from a “hold” rating to a “sell” rating in a research note on Monday, January 27th.

United Bankshares Trading Up 1.3 %

Shares of UBSI stock opened at $39.27 on Wednesday. The firm has a 50-day moving average price of $38.82 and a 200 day moving average price of $38.35. United Bankshares has a twelve month low of $30.68 and a twelve month high of $44.43. The company has a market capitalization of $5.31 billion, a price-to-earnings ratio of 14.33 and a beta of 1.02. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.11.

United Bankshares (NASDAQ:UBSI) last released its quarterly earnings data on Friday, January 24th. The financial services provider reported $0.69 EPS for the quarter, topping the consensus estimate of $0.68 by $0.01. United Bankshares had a net margin of 22.94% and a return on equity of 7.60%. During the same period last year, the firm posted $0.59 EPS.

Insider Activity

In related news, Director Mark R. Nesselroad sold 6,000 shares of the stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $39.16, for a total transaction of $234,960.00. Following the completion of the sale, the director now owns 35,424 shares of the company’s stock, valued at approximately $1,387,203.84. This represents a 14.48 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director J Paul Mcnamara sold 2,500 shares of the stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $42.86, for a total transaction of $107,150.00. Following the sale, the director now directly owns 63,409 shares of the company’s stock, valued at approximately $2,717,709.74. This trade represents a 3.79 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 3.66% of the company’s stock.

Hedge Funds Weigh In On United Bankshares

Institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC boosted its holdings in United Bankshares by 27.2% in the 3rd quarter. Jane Street Group LLC now owns 161,489 shares of the financial services provider’s stock worth $5,991,000 after acquiring an additional 34,526 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in United Bankshares by 5.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,673,056 shares of the financial services provider’s stock worth $62,070,000 after acquiring an additional 83,503 shares during the period. BNP Paribas Financial Markets boosted its stake in shares of United Bankshares by 73.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 50,953 shares of the financial services provider’s stock valued at $1,890,000 after buying an additional 21,520 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of United Bankshares by 3.6% during the 3rd quarter. Daiwa Securities Group Inc. now owns 12,328 shares of the financial services provider’s stock valued at $457,000 after buying an additional 427 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of United Bankshares by 9.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 594,819 shares of the financial services provider’s stock valued at $22,068,000 after buying an additional 52,949 shares during the last quarter. Hedge funds and other institutional investors own 70.80% of the company’s stock.

About United Bankshares

United Bankshares, Inc, through its subsidiaries, primarily provides commercial and retail banking products and services in the United States. It operates through two segments, Community Banking and Mortgage Banking. The company accepts checking, savings, and time and money market accounts; individual retirement accounts; and demand deposits, statement and special savings, and NOW accounts.