Wall Street analysts expect Umpqua Holdings Corp (NASDAQ:UMPQ) to report earnings per share (EPS) of $0.38 for the current fiscal quarter, according to Zacks. Seven analysts have issued estimates for Umpqua’s earnings. The lowest EPS estimate is $0.36 and the highest is $0.40. Umpqua reported earnings of $0.31 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 22.6%. The business is scheduled to report its next earnings report on Tuesday, January 22nd.
On average, analysts expect that Umpqua will report full-year earnings of $1.44 per share for the current financial year, with EPS estimates ranging from $1.37 to $1.47. For the next fiscal year, analysts expect that the business will post earnings of $1.66 per share, with EPS estimates ranging from $1.60 to $1.73. Zacks’ EPS averages are an average based on a survey of analysts that cover Umpqua.
Umpqua (NASDAQ:UMPQ) last announced its earnings results on Wednesday, October 17th. The bank reported $0.41 EPS for the quarter, topping the consensus estimate of $0.36 by $0.05. Umpqua had a net margin of 24.23% and a return on equity of 7.74%. The company had revenue of $313.76 million during the quarter, compared to analysts’ expectations of $309.37 million. During the same period last year, the company posted $0.28 earnings per share.
Shares of UMPQ opened at $19.10 on Wednesday. Umpqua has a one year low of $18.17 and a one year high of $24.89. The stock has a market capitalization of $4.11 billion, a price-to-earnings ratio of 17.85, a PEG ratio of 1.44 and a beta of 0.96. The company has a quick ratio of 0.98, a current ratio of 0.99 and a debt-to-equity ratio of 0.28.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 15th. Investors of record on Friday, September 28th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 4.40%. The ex-dividend date was Thursday, September 27th. This is a positive change from Umpqua’s previous quarterly dividend of $0.20. Umpqua’s dividend payout ratio (DPR) is presently 78.50%.
A number of institutional investors and hedge funds have recently modified their holdings of UMPQ. TRUE Private Wealth Advisors bought a new position in Umpqua during the third quarter valued at approximately $103,000. Smithfield Trust Co. bought a new position in Umpqua during the second quarter valued at approximately $128,000. Itau Unibanco Holding S.A. bought a new position in Umpqua during the second quarter valued at approximately $143,000. Cerebellum GP LLC bought a new position in Umpqua during the third quarter valued at approximately $173,000. Finally, ARP Americas LP bought a new position in Umpqua during the second quarter valued at approximately $203,000. 89.33% of the stock is currently owned by hedge funds and other institutional investors.
Umpqua Holdings Corporation, through its subsidiaries, provides commercial and retail banking, and retail brokerage services. It operates through four segments: Commercial Bank, Wealth Management, Retail Bank, and Home Lending. The company offers deposit products, including non-interest bearing checking, interest bearing checking and savings, and money market accounts, as well as certificates of deposit.
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