UMB Monetary Corp (NASDAQ:UMBF) – Funding analysts at Piper Jaffray Firms dropped their Q1 2020 earnings per share (EPS) estimates for shares of UMB Monetary in a analysis notice issued to buyers on Wednesday, October 30th, based on Zacks Investment Research. Piper Jaffray Firms analyst N. Race now expects that the financial institution will submit earnings per share of $1.01 for the quarter, down from their prior estimate of $1.04. Piper Jaffray Firms additionally issued estimates for UMB Monetary’s Q2 2020 earnings at $1.09 EPS, Q3 2020 earnings at $1.12 EPS, This fall 2020 earnings at $1.16 EPS, FY2020 earnings at $four.38 EPS and FY2021 earnings at $four.58 EPS.
Various different equities analysts have additionally commented on UMBF. Stephens reiterated a “purchase” ranking and set a $75.00 value goal on shares of UMB Monetary in a report on Monday, September 16th. BidaskClub lowered shares of UMB Monetary from a “purchase” ranking to a “maintain” ranking in a report on Saturday. Zacks Investment Research lowered shares of UMB Monetary from a “maintain” ranking to a “promote” ranking and set a $71.00 value goal on the inventory. in a report on Sunday, November third. Lastly, ValuEngine lowered shares of UMB Monetary from a “maintain” ranking to a “promote” ranking in a report on Friday, October 25th. Two funding analysts have rated the inventory with a promote ranking, two have issued a maintain ranking and two have assigned a purchase ranking to the inventory. The inventory presently has a mean ranking of “Maintain” and a consensus goal value of $72.33.
Shares of NASDAQ:UMBF opened at $65.76 on Friday. The agency has a market cap of $three.24 billion, a PE ratio of 16.32, a price-to-earnings-growth ratio of two.69 and a beta of zero.91. The agency’s fifty day shifting common is $65.08 and its 200-day shifting common is $65.07. The corporate has a debt-to-equity ratio of zero.03, a fast ratio of zero.68 and a present ratio of zero.68. UMB Monetary has a 52 week low of $57.90 and a 52 week excessive of $71.97.
UMB Monetary (NASDAQ:UMBF) final issued its quarterly earnings outcomes on Tuesday, October 29th. The financial institution reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $zero.10. The corporate had income of $271.90 million for the quarter, in comparison with analyst estimates of $276.93 million. UMB Monetary had a web margin of 16.06% and a return on fairness of eight.55%. Throughout the identical quarter within the earlier yr, the enterprise earned $1.16 earnings per share.
The enterprise additionally just lately declared a quarterly dividend, which shall be paid on Thursday, January 2nd. Shareholders of document on Tuesday, December 10th shall be paid a $zero.31 dividend. This is a rise from UMB Monetary’s earlier quarterly dividend of $zero.30. This represents a $1.24 annualized dividend and a yield of 1.89%. The ex-dividend date is Monday, December ninth. UMB Monetary’s payout ratio is 29.78%.
In different UMB Monetary information, CAO J Walker Brian offered 1,500 shares of the corporate’s inventory in a transaction dated Tuesday, November fifth. The shares have been offered at a mean value of $68.00, for a complete worth of $102,00zero.00. The sale was disclosed in a submitting with the Securities & Change Fee, which may be accessed via this hyperlink. Additionally, Director Kris A. Robbins offered 800 shares of the corporate’s inventory in a transaction dated Monday, September ninth. The inventory was offered at a mean value of $62.57, for a complete transaction of $50,zero56.00. Following the completion of the sale, the director now straight owns four,796 shares of the corporate’s inventory, valued at $300,zero85.72. The disclosure for this sale may be discovered here. During the last ninety days, insiders offered 12,860 shares of firm inventory valued at $852,395. Insiders personal 10.45% of the corporate’s inventory.
Hedge funds have just lately modified their holdings of the enterprise. Oakworth Capital Inc. purchased a brand new stake in UMB Monetary within the 2nd quarter value about $34,00zero. North Star Funding Administration Corp. purchased a brand new stake in UMB Monetary within the third quarter value about $44,00zero. Parkside Investments LLC purchased a brand new stake in UMB Monetary within the 2nd quarter value about $56,00zero. Level72 Asset Administration L.P. purchased a brand new stake in UMB Monetary within the 2nd quarter value about $66,00zero. Lastly, Quantamental Applied sciences LLC purchased a brand new stake in UMB Monetary within the 2nd quarter value about $71,00zero. 85.75% of the inventory is owned by institutional buyers and hedge funds.
UMB Monetary Firm Profile
UMB Monetary Company operates because the financial institution holding firm for the UMB Financial institution that gives numerous banking and different monetary providers. It operates via 4 segments: Industrial Banking, Institutional Banking, Private Banking, and Healthcare Providers. The Industrial Banking phase offers industrial loans, industrial bank cards, letters of credit score, mortgage syndication providers, consultative providers, and numerous monetary choices; capital markets providers, together with asset-based financing, asset securitization, fairness and mezzanine financing, factoring, and personal and public placement of senior debt, in addition to merger and acquisition consulting; and depository, account reconciliation, digital fund switch, managed disbursements, lockbox, and distant deposit seize providers.
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