UBSI United Bankshares, Inc Stock Price and Quote

That’s not a surprise, given that a steadily growing U.S. economy over the long run is going to need more available capital for consumers to buy goods and services. The industrials are still 6.4% shy of the record highs reached in early January 2022, FactSet https://topforexnews.org/books/stan-weinsteins-secrets-for-profit-in-bull-and/ data show, while the transports are still more than 13% below their record highs from early November 2021. Although the S&P 500 and Nasdaq already have seen impressive gains this year, there’s plenty of room for other areas of the market to power higher.

United Bankshares, Inc., a financial holding company, 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, NOW accounts, and interest-bearing checking accounts. Its loan products include commercial loans and leases; construction and real estate loans; personal, student, credit card, commercial, and floor plan loans; and home equity loans.

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What’s even more noteworthy is that two of these 10 months resulted in a figure below 43.5. ISM Manufacturing New Orders Index has fallen below 43.5, the U.S. economy fell into a recession. While it’s possible that M2 is simply correcting lower after a record expansion of the U.S. money supply during the COVID-19 pandemic, it may also signal that a period of high inflation is suppressing consumer purchases. History has not been kind when M2 money supply falls by at least 2%. While the Dow Theory signal hasn’t technically been issued yet, he said it likely will emerge soon, once new 52-week highs have been cemented, barring a sudden swoon for markets.

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The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day.

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United Bankshares announced a quarterly dividend on Wednesday, May 10th. Investors of record on Friday, June 9th will be paid a dividend https://day-trading.info/why-sdlc-is-important-to-your-business/ of $0.36 per share on Monday, July 3rd. This represents a $1.44 dividend on an annualized basis and a dividend yield of 4.83%.

• On average, they anticipate the company’s share price to reach $39.00 in the next twelve months.
• This suggests a possible upside of 30.7% from the stock’s current price.
• As you can see from the chart above, the three-month/10-year Treasury yield is at its largest inversion in more than four decades.
• An indication of interest to purchase securities involves no obligation or commitment of any kind.
• This stock flies under the radar despite raising its dividend payout for nearly 50 years straight.
• The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.

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United Bankshares Inc. announced Monday a deal to buy Carolina Financial Corp. in a stock deal valued at $1.1 billion. Under terms of the deal, each Carolina Financial share will be exchanged for 1.13 United Bankshares s… Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. For this week’s thematic stocks, Q.ai has assessed U.S. small to midcap stocks. While not the biggest fish in the sea by market cap, stocks like Shutterstock have room to grow.

Some say this trend already appears to be under way, since the Russell 2000, a gauge of small-cap stocks, and previously lagging sectors like the S&P 500 Industrials Index, have picked up over the last month. NEW YORK (MarketWatch) — United Bankshares, Inc. on Wednesday said it would pay out a third-quarter dividend of 29 cents per share for shareholders of record as of Sept. 12, an increase of 4% from the same quarter a year… These companies have increased their annual payouts for over 40 years straight — but they still won’t be found on the Dividend Aristocrats list. Courtney Carlsen
Inflation has been on investors’ minds for months now. This under-the-radar dividend stock is closing in on a major accomplishment.

When it comes to dividend investing, not all bank stocks are created equal. You’ll note that we’re seeing the fourth occurrence right now, with U.S. commercial bank credit 1.79% below it’s all-time high, set in February 2023. If banks are making it tougher to borrow, it usually represents a bad sign for corporate America. As you can see from the chart above, the three-month/10-year Treasury yield is at its largest inversion in more than four decades. When short-term bonds have substantially higher yields than longer-dated notes, it’s typically an indication that investors see trouble ahead for the U.S. economy. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.

The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. 6 Wall Street analysts have issued «buy,» «hold,» and «sell» ratings for United Bankshares in the last year.