Wall Street brokerages forecast that United Community Financial Corp (NASDAQ:UCFC) will post $28.10 million in sales for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for United Community Financial’s earnings. The lowest sales estimate is $28.00 million and the highest is $28.20 million. United Community Financial posted sales of $27.35 million during the same quarter last year, which suggests a positive year over year growth rate of 2.7%. The firm is scheduled to issue its next earnings results on Tuesday, April 16th.
According to Zacks, analysts expect that United Community Financial will report full-year sales of $117.45 million for the current year, with estimates ranging from $116.90 million to $118.00 million. For the next financial year, analysts anticipate that the firm will report sales of $126.48 million, with estimates ranging from $126.10 million to $126.86 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that that provide coverage for United Community Financial.
United Community Financial (NASDAQ:UCFC) last announced its quarterly earnings results on Wednesday, January 23rd. The savings and loans company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.02). The business had revenue of $29.08 million during the quarter, compared to the consensus estimate of $29.03 million. United Community Financial had a return on equity of 12.34% and a net margin of 27.75%.
Shares of UCFC opened at $9.62 on Wednesday. The firm has a market cap of $476.90 million, a PE ratio of 13.00 and a beta of 0.59. United Community Financial has a 12-month low of $8.49 and a 12-month high of $11.98. The company has a quick ratio of 0.93, a current ratio of 0.97 and a debt-to-equity ratio of 0.31.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 15th. Investors of record on Monday, February 4th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 2.91%. The ex-dividend date is Friday, February 1st. United Community Financial’s dividend payout ratio is currently 37.84%.
Institutional investors and hedge funds have recently modified their holdings of the business. Citigroup Inc. increased its position in shares of United Community Financial by 17.9% during the 4th quarter. Citigroup Inc. now owns 15,420 shares of the savings and loans company’s stock worth $136,000 after purchasing an additional 2,342 shares during the last quarter. Teachers Advisors LLC boosted its stake in shares of United Community Financial by 7.5% in the 3rd quarter. Teachers Advisors LLC now owns 92,691 shares of the savings and loans company’s stock valued at $896,000 after buying an additional 6,499 shares during the period. Ramsey Quantitative Systems raised its position in shares of United Community Financial by 76.8% during the 3rd quarter. Ramsey Quantitative Systems now owns 16,886 shares of the savings and loans company’s stock worth $163,000 after acquiring an additional 7,335 shares in the last quarter. Hillsdale Investment Management Inc. raised its position in shares of United Community Financial by 6.1% during the 3rd quarter. Hillsdale Investment Management Inc. now owns 138,800 shares of the savings and loans company’s stock worth $1,342,000 after acquiring an additional 8,000 shares in the last quarter. Finally, California Public Employees Retirement System raised its position in shares of United Community Financial by 9.3% during the 2nd quarter. California Public Employees Retirement System now owns 101,024 shares of the savings and loans company’s stock worth $1,110,000 after acquiring an additional 8,622 shares in the last quarter. 62.43% of the stock is owned by institutional investors and hedge funds.
About United Community Financial
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.
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