Hovde Group Issues Positive Forecast for United Bankshares (NASDAQ:UBSI) Stock Price

United Bankshares (NASDAQ:UBSI) had its price target increased by Hovde Group from $49.00 to $50.00 in a report published on Friday, MarketBeat.com reports. Hovde Group currently has a market perform rating on the financial services provider’s stock.

Several other research firms also recently weighed in on UBSI. Weiss Ratings reiterated a “buy (b)” rating on shares of United Bankshares in a research note on Monday, July 6th. Wall Street Zen cut United Bankshares from a “hold” rating to a “sell” rating in a research note on Saturday, June 13th. Raymond James Financial upped their price objective on shares of United Bankshares from $49.00 to $50.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Finally, Zacks Research lowered shares of United Bankshares from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 26th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, United Bankshares has a consensus rating of “Hold” and a consensus target price of $46.80.

United Bankshares Price Performance

United Bankshares stock opened at $47.80 on Friday. United Bankshares has a 12 month low of $34.10 and a 12 month high of $48.22. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.10. The business’s 50 day simple moving average is $45.10 and its 200 day simple moving average is $43.20. The company has a market cap of $6.59 billion, a price-to-earnings ratio of 13.02 and a beta of 0.71.

United Bankshares (NASDAQ:UBSI) last announced its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.06. United Bankshares had a return on equity of 9.41% and a net margin of 27.97%.The business had revenue of $323.82 million during the quarter, compared to analyst estimates of $320.07 million. During the same period in the prior year, the company earned $0.85 earnings per share. Sell-side analysts forecast that United Bankshares will post 3.64 EPS for the current year.

United Bankshares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Friday, June 12th were given a $0.38 dividend. The ex-dividend date was Friday, June 12th. This represents a $1.52 annualized dividend and a dividend yield of 3.2%. United Bankshares’s payout ratio is 42.58%.

Institutional Trading of United Bankshares

A number of hedge funds and other institutional investors have recently made changes to their positions in UBSI. Caitong International Asset Management Co. Ltd bought a new position in United Bankshares in the 3rd quarter worth about $25,000. Eurizon Capital SGR S.p.A. bought a new stake in shares of United Bankshares during the fourth quarter valued at about $26,000. Root Financial Partners LLC increased its position in shares of United Bankshares by 64.4% during the first quarter. Root Financial Partners LLC now owns 786 shares of the financial services provider’s stock valued at $33,000 after buying an additional 308 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of United Bankshares by 196.2% in the fourth quarter. Farther Finance Advisors LLC now owns 856 shares of the financial services provider’s stock worth $33,000 after buying an additional 567 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of United Bankshares by 528.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,175 shares of the financial services provider’s stock worth $43,000 after buying an additional 988 shares in the last quarter. 70.80% of the stock is currently owned by institutional investors.

Key United Bankshares News

Here are the key news stories impacting United Bankshares this week:

• Positive Sentiment: United Bankshares reported Q2 2026 EPS of $0.95, topping the $0.89 consensus estimate and improving from $0.85 a year ago, while revenue of $323.82 million also came in above expectations. Article Title
• Positive Sentiment: The company’s Q2 results were described as a sales surprise, reinforcing the idea that underlying business performance remains solid heading into the rest of the year. Article Title
• Positive Sentiment: Hovde Group raised its price target on UBSI from $49 to $50, signaling slightly improved valuation expectations even though the rating stayed at “market perform.” Article Title
• Neutral Sentiment: Commentary around the stock asks whether UBSI is undervalued after Q2 earnings and completion of its buyback, which suggests investors are weighing earnings strength against already-positive sentiment. Article Title

About United Bankshares

United Bankshares, Inc, headquartered in Charleston, West Virginia, is a bank holding company that provides a full range of financial services through its primary subsidiary, United Bank. The company’s core offerings include retail and commercial banking products such as checking and savings accounts, certificates of deposit, personal and business loans, mortgages, and treasury management services. In addition, United Bankshares delivers private banking, wealth management, trust and fiduciary solutions, and investment advisory services to meet the needs of individual, corporate, and institutional clients.

United Bankshares operates an extensive branch network across West Virginia, Virginia, Maryland, the District of Columbia, Ohio, Pennsylvania, and South Carolina.