Somewhat Favorable News Coverage Somewhat Unlikely to Impact Umpqua (UMPQ) Stock Price

News coverage about Umpqua (NASDAQ:UMPQ) has been trending somewhat positive on Sunday, Accern reports. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Umpqua earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 46.3975970444871 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:

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NASDAQ:UMPQ opened at $21.41 on Friday. The firm has a market capitalization of $4,719.60, a PE ratio of 20.01, a P/E/G ratio of 1.87 and a beta of 1.08. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.98 and a quick ratio of 0.97. Umpqua has a twelve month low of $16.65 and a twelve month high of $23.18.

Umpqua (NASDAQ:UMPQ) last released its quarterly earnings data on Tuesday, January 23rd. The bank reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.09. The company had revenue of $292.60 million during the quarter, compared to analyst estimates of $293.80 million. Umpqua had a net margin of 20.30% and a return on equity of 5.92%. Umpqua’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.27 EPS. analysts forecast that Umpqua will post 1.35 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 13th. Stockholders of record on Monday, April 2nd will be paid a $0.20 dividend. The ex-dividend date of this dividend is Thursday, March 29th. This represents a $0.80 annualized dividend and a dividend yield of 3.74%. This is a positive change from Umpqua’s previous quarterly dividend of $0.18. Umpqua’s payout ratio is currently 67.29%.

Several research analysts have issued reports on UMPQ shares. BidaskClub upgraded shares of Umpqua from a “hold” rating to a “buy” rating in a report on Friday, March 9th. Barclays raised their price target on shares of Umpqua from $20.00 to $22.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 2nd. Zacks Investment Research upgraded shares of Umpqua from a “hold” rating to a “strong-buy” rating and set a $25.00 price target for the company in a report on Friday, January 12th. Stephens restated a “hold” rating and set a $24.00 price target on shares of Umpqua in a report on Tuesday, March 20th. Finally, ValuEngine upgraded shares of Umpqua from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $22.20.

In other news, CFO Ron L. Farnsworth sold 5,795 shares of Umpqua stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $21.45, for a total value of $124,302.75. Following the completion of the sale, the chief financial officer now owns 188,809 shares in the company, valued at approximately $4,049,953.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.00% of the company’s stock.

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Umpqua Company Profile

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.

Insider Buying and Selling by Quarter for Umpqua (NASDAQ:UMPQ)

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