UMB Financial Corp (NASDAQ:UMBF) has been assigned a consensus recommendation of “Hold” from the seven research firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $70.00.
Several equities research analysts recently weighed in on UMBF shares. BidaskClub upgraded UMB Financial from a “sell” rating to a “hold” rating in a research note on Thursday, November 22nd. Stephens upgraded UMB Financial from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, December 19th. Zacks Investment Research cut UMB Financial from a “hold” rating to a “sell” rating in a research note on Monday, December 31st. ValuEngine upgraded UMB Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd. Finally, Raymond James cut UMB Financial from an “outperform” rating to a “mkt perform” rating in a research note on Monday, January 7th.
In other news, Director Timothy R. Murphy acquired 4,000 shares of UMB Financial stock in a transaction on Friday, February 1st. The stock was bought at an average price of $64.63 per share, for a total transaction of $258,520.00. Following the completion of the purchase, the director now owns 12,635 shares in the company, valued at $816,600.05. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 10.26% of the stock is currently owned by insiders.
UMBF stock traded up $0.04 during trading on Friday, hitting $69.04. 5,319 shares of the company’s stock were exchanged, compared to its average volume of 306,190. The stock has a market cap of $3.45 billion, a price-to-earnings ratio of 17.14, a PEG ratio of 1.98 and a beta of 0.85. UMB Financial has a 52-week low of $57.00 and a 52-week high of $82.14. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.04.
UMB Financial (NASDAQ:UMBF) last posted its earnings results on Tuesday, January 29th. The bank reported $0.56 earnings per share for the quarter, missing the consensus estimate of $1.11 by ($0.55). The business had revenue of $256.81 million for the quarter, compared to analysts’ expectations of $261.28 million. UMB Financial had a return on equity of 9.12% and a net margin of 17.25%. As a group, sell-side analysts anticipate that UMB Financial will post 4.61 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 1st. Shareholders of record on Monday, March 11th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date of this dividend is Friday, March 8th. UMB Financial’s dividend payout ratio is currently 29.78%.
UMB Financial Company Profile
UMB Financial Corporation, a bank holding company, provides various banking and other financial services. It operates through two segments, Bank and Asset Servicing. The Bank segment offers a range of banking services to commercial, retail, government, and correspondent bank customers through its branches, call center, Internet banking, and ATM network.
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