Univest Financial (UVSP) Expected to Announce Earnings on Wednesday

Univest Financial (NASDAQ:UVSP) will likely be announcing its earnings results after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.64 per share and revenue of $77.65 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Univest Financial (NASDAQ:UVSP) last posted its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.08. Univest Financial had a net margin of 15.17% and a return on equity of 8.51%. On average, analysts expect Univest Financial to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Univest Financial Stock Performance

Shares of UVSP stock opened at $26.63 on Wednesday. Univest Financial has a 12 month low of $18.41 and a 12 month high of $32.75. The stock has a market capitalization of $772.32 million, a P/E ratio of 10.28 and a beta of 0.72. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.17. The firm’s 50 day moving average is $28.77 and its 200 day moving average is $29.40.

Univest Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, February 5th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Wednesday, February 5th. This represents a $0.84 annualized dividend and a dividend yield of 3.15%. Univest Financial’s dividend payout ratio is currently 32.43%.

Insider Activity at Univest Financial

In other Univest Financial news, Director Anne Vazquez acquired 1,250 shares of the stock in a transaction that occurred on Wednesday, March 19th. The shares were bought at an average price of $28.63 per share, for a total transaction of $35,787.50. Following the completion of the transaction, the director now owns 6,250 shares of the company’s stock, valued at approximately $178,937.50. This represents a 25.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.70% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Separately, Stephens reiterated an “equal weight” rating and set a $31.00 price objective on shares of Univest Financial in a research note on Thursday, January 23rd.

About Univest Financial

Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co that provides banking products and services primarily in the United States. It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment offers a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking, and equipment lease financing services for individuals, businesses, municipalities, and nonprofit organizations.