$0.20 EPS Expected for United Community Financial Corp (UCFC) This Quarter

Equities analysts expect that United Community Financial Corp (NASDAQ:UCFC) will announce $0.20 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for United Community Financial’s earnings. United Community Financial posted earnings per share of $0.17 in the same quarter last year, which would indicate a positive year-over-year growth rate of 17.6%. The company is expected to announce its next quarterly earnings results on Tuesday, April 16th.

According to Zacks, analysts expect that United Community Financial will report full year earnings of $0.82 per share for the current financial year, with EPS estimates ranging from $0.81 to $0.82. For the next fiscal year, analysts forecast that the firm will report earnings of $0.88 per share, with EPS estimates ranging from $0.87 to $0.88. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research analysts that cover United Community Financial.

United Community Financial (NASDAQ:UCFC) last issued its earnings results on Wednesday, January 23rd. The savings and loans company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.02). United Community Financial had a return on equity of 12.26% and a net margin of 27.75%. The firm had revenue of $29.08 million during the quarter, compared to analyst estimates of $29.03 million.

A number of equities analysts have issued reports on the company. BidaskClub cut United Community Financial from a “sell” rating to a “strong sell” rating in a report on Tuesday, March 26th. Zacks Investment Research raised United Community Financial from a “hold” rating to a “buy” rating and set a $11.00 target price for the company in a report on Thursday, March 14th. ValuEngine cut United Community Financial from a “hold” rating to a “sell” rating in a report on Friday, March 22nd. Finally, Boenning Scattergood reaffirmed a “hold” rating on shares of United Community Financial in a report on Friday, January 25th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $11.50.

In other United Community Financial news, Director Richard J. Schiraldi sold 16,369 shares of the company’s stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $9.26, for a total value of $151,576.94. Following the sale, the director now owns 5,751 shares in the company, valued at approximately $53,254.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 3.20% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UCFC. BlackRock Inc. grew its position in shares of United Community Financial by 7.0% in the 3rd quarter. BlackRock Inc. now owns 4,748,651 shares of the savings and loans company’s stock valued at $45,919,000 after buying an additional 308,814 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of United Community Financial by 8.0% in the 3rd quarter. Renaissance Technologies LLC now owns 2,224,204 shares of the savings and loans company’s stock valued at $21,508,000 after buying an additional 164,900 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of United Community Financial by 269.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 183,139 shares of the savings and loans company’s stock valued at $1,772,000 after buying an additional 133,537 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of United Community Financial by 3.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,219,813 shares of the savings and loans company’s stock valued at $31,135,000 after buying an additional 94,721 shares during the last quarter. Finally, Martingale Asset Management L P grew its position in shares of United Community Financial by 40.6% in the 4th quarter. Martingale Asset Management L P now owns 327,022 shares of the savings and loans company’s stock valued at $2,895,000 after buying an additional 94,401 shares during the last quarter. Hedge funds and other institutional investors own 62.99% of the company’s stock.

Shares of UCFC opened at $9.45 on Thursday. 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 1.01, a current ratio of 1.05 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $459.36 million, a price-to-earnings ratio of 12.77 and a beta of 0.59.

United Community Financial Company Profile

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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