Univest Financial (UVSP) Projected to Post Quarterly Earnings on Wednesday

Univest Financial (NASDAQ:UVSP) is expected to post its quarterly earnings results after the market closes on Wednesday, April 23rd. Analysts expect Univest Financial to post earnings of $0.64 per share and revenue of $77.65 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Univest Financial (NASDAQ:UVSP) last posted its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 Up 2.4 %

UVSP opened at $26.63 on Wednesday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.17. The business’s fifty day simple moving average is $28.77 and its 200 day simple moving average is $29.40. Univest Financial has a 52 week low of $18.41 and a 52 week high of $32.75. The stock has a market cap of $772.32 million, a PE ratio of 10.28 and a beta of 0.72.

Univest Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, February 5th were given a dividend of $0.21 per share. The ex-dividend date was Wednesday, February 5th. This represents a $0.84 annualized dividend and a dividend yield of 3.15%. Univest Financial’s dividend payout ratio (DPR) is presently 32.43%.

Insiders Place Their Bets

In other news, Director Anne Vazquez bought 1,250 shares of the firm’s stock in a transaction that occurred on Wednesday, March 19th. The shares were bought at an average cost of $28.63 per share, with a total value of $35,787.50. Following the completion of the purchase, the director now directly owns 6,250 shares in the company, valued at $178,937.50. This represents a 25.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. 1.70% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Separately, Stephens reaffirmed an “equal weight” rating and issued a $31.00 target price 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.