Equities analysts predict that United Community Financial Corp (NASDAQ:UCFC) will report $29.03 million in sales for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for United Community Financial’s earnings. The highest sales estimate is $29.25 million and the lowest is $28.80 million. United Community Financial posted sales of $27.34 million during the same quarter last year, which suggests a positive year-over-year growth rate of 6.2%. The business is expected to announce its next quarterly earnings report on Tuesday, January 22nd.
On average, analysts expect that United Community Financial will report full year sales of $111.36 million for the current fiscal year, with estimates ranging from $111.20 million to $111.52 million. For the next year, analysts expect that the company will post sales of $118.69 million, with estimates ranging from $118.00 million to $119.37 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that cover United Community Financial.
United Community Financial (NASDAQ:UCFC) last announced its earnings results on Wednesday, October 17th. The savings and loans company reported $0.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.19. The business had revenue of $27.77 million for the quarter, compared to analysts’ expectations of $28.12 million. United Community Financial had a return on equity of 11.87% and a net margin of 24.80%.
UCFC has been the topic of several research reports. ValuEngine cut United Community Financial from a “hold” rating to a “sell” rating in a research report on Thursday, September 27th. BidaskClub cut United Community Financial from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 15th. Finally, Boenning Scattergood reissued a “hold” rating on shares of United Community Financial in a research report on Wednesday, October 17th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. United Community Financial currently has an average rating of “Hold” and a consensus target price of $12.00.
Hedge funds and other institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC bought a new position in shares of United Community Financial in the second quarter worth about $103,000. Teacher Retirement System of Texas bought a new position in shares of United Community Financial in the second quarter worth about $111,000. Private Advisor Group LLC bought a new position in shares of United Community Financial in the third quarter worth about $107,000. Cubist Systematic Strategies LLC bought a new position in shares of United Community Financial in the second quarter worth about $123,000. Finally, Jefferies Group LLC bought a new position in shares of United Community Financial in the third quarter worth about $124,000. 63.10% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NASDAQ:UCFC opened at $8.93 on Wednesday. The stock has a market capitalization of $451.54 million, a price-to-earnings ratio of 12.79 and a beta of 0.48. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.93 and a current ratio of 0.97. United Community Financial has a 52-week low of $8.86 and a 52-week high of $11.98.
The business also recently disclosed a quarterly dividend, which was paid on Friday, November 9th. Stockholders of record on Friday, October 26th were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 3.14%. The ex-dividend date of this dividend was Thursday, October 25th. United Community Financial’s dividend payout ratio (DPR) is currently 49.12%.
United Community Financial Company Profile
United Community Financial Corp. operates as the holding company for Home Savings Bank that provides consumer and business banking services. The company offers various deposit instruments, including checking accounts, regular savings accounts, money market accounts, individual retirement accounts, and certificates of deposit.
Featured Article: Federal Reserve
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for United Community Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Community Financial and related companies with MarketBeat.com's FREE daily email newsletter.