DA Davidson Reiterates Buy Rating on United Community Banks, Inc.
DA Davidson has reiterated its buy rating on United Community Banks, Inc. with a $40 price target.
Key Points
- DA Davidson reiterated its buy rating on United Community Banks, Inc. on June 15, 2026, with a $40 price target.
- Shares of NYSE:UCB traded near $34.63, with a market cap of about $4.01 billion and a P/E ratio of 12.25.
- Insiders and major funds have been active, with notable purchases and holdings adjustments in recent months.
DA Davidson reiterated its buy rating on United Community Banks, Inc. (NYSE:UCB) on June 15, 2026. Analyst Gary Tenner set a price target of $40 for the regional bank's stock, which is currently trading around $34.63.
United Community Banks, Inc. Stock Snapshot
Shares of United Community Banks, Inc. are trading near $34.63. The company has a market cap of approximately $4.01 billion and a P/E ratio of 12.25. Its forward P/E is slightly lower at 9.95, reflecting expected earnings growth. The stock's beta is 0.84, indicating less volatility compared to the market. Over the past year, it has ranged from a low of $27.23 to a high of $36.77. The 50-day moving average is $33.31, while the 200-day moving average stands at $32.28.
Recent Earnings
United Community Banks reported revenues of $1.05 billion, with a revenue growth of 14.4%. The company achieved a net margin of 32.54% and a return on equity of 9.53%. Earnings per share were $2.73. The next earnings report is expected on July 22, 2026.
Dividend
The company pays an annual dividend rate of $1.00, yielding 2.99%. Its dividend payout ratio is 36.26%, indicating a sustainable payout relative to earnings.
Insider Buying and Selling at United Community Banks, Inc.
Insider activity at United Community Banks, Inc. included several transactions in May 2026. Alan Kumler, the SVP and Chief Accounting Officer, sold 113 shares on May 15 at an average price of $32.06. Meanwhile, insiders like David Wilkins, Sally Pope Davis, James Clements, Jennifer Mann, and Kenneth Daniels each bought 2,330 shares on May 13, though the price details were not disclosed.
Analysts Set New Price Targets
On June 15, 2026, DA Davidson maintained its buy rating on United Community Banks, Inc. with a $40 price target. Stephens & Co. also maintained a buy rating with the same target on April 28, 2026. Piper Sandler kept a hold rating with a $36 target on April 22, 2026. The consensus among analysts is a buy, with an average target price of $38.17 based on six opinions.
About United Community Banks, Inc.
United Community Banks, Inc. is a financial services company based in Greenville, South Carolina. Founded in 1950, it operates as the bank holding company for United Community Bank, offering a range of financial products and services. The company provides deposit accounts, loans, private banking, investment management, and insurance products. It serves various sectors including commercial, retail, and real estate. The company is led by CEO Mr. Herbert Lynn Harton and employs over 3,100 people.
Bottom Line
DA Davidson's reiterated buy rating and $40 price target reflect confidence in United Community Banks, Inc.'s growth prospects. Investors track analyst ratings to gauge market sentiment, but it's important to remember that these ratings are backward-looking. United Community Banks continues to show strong fundamentals, making it a stock to watch in the financial services sector.
See Also
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