NASDAQ:UNTY Unity Bancorp (UNTY) Stock Price, News & Analysis → This consistently signaled gains of 453%... 610%... and even 1036%... (From Insiders Exposed) (Ad) Free UNTY Stock Alerts $27.60 -0.25 (-0.90%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$27.36▼$27.8550-Day Range$26.20▼$30.7052-Week Range$20.01▼$30.70Volume15,933 shsAverage Volume24,671 shsMarket Capitalization$279.86 millionP/E Ratio7.19Dividend Yield1.88%Price Target$31.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Unity Bancorp alerts: Email Address Unity Bancorp MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside14.1% Upside$31.50 Price TargetShort InterestBearish1.38% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.96Based on 3 Articles This WeekInsider TradingSelling Shares$157,046 Sold Last QuarterProj. Earnings Growth11.41%From $3.77 to $4.20 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.71 out of 5 starsFinance Sector411th out of 857 stocksState Commercial Banks Industry96th out of 177 stocks 2.5 Analyst's Opinion Consensus RatingUnity Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $31.50, Unity Bancorp has a forecasted upside of 14.1% from its current price of $27.60.Amount of Analyst CoverageUnity Bancorp has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.38% of the float of Unity Bancorp has been sold short.Short Interest Ratio / Days to CoverUnity Bancorp has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in Unity Bancorp has recently increased by 122.92%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldUnity Bancorp pays a meaningful dividend of 1.87%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthUnity Bancorp has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Unity Bancorp is 13.54%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Unity Bancorp will have a dividend payout ratio of 12.38% next year. This indicates that Unity Bancorp will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for UNTY. Previous Next 2.8 News and Social Media Coverage News SentimentUnity Bancorp has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Unity Bancorp this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for UNTY on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Unity Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Unity Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $157,046.00 in company stock.Percentage Held by Insiders28.88% of the stock of Unity Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions42.31% of the stock of Unity Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Unity Bancorp are expected to grow by 11.41% in the coming year, from $3.77 to $4.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Unity Bancorp is 7.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.39.Price to Earnings Ratio vs. SectorThe P/E ratio of Unity Bancorp is 7.19, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 61.85.Price to Book Value per Share RatioUnity Bancorp has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now About Unity Bancorp Stock (NASDAQ:UNTY)Unity Bancorp, Inc. operates as a bank holding company for Unity Bank that provides range of commercial and retail banking services to individuals, small and medium sized businesses, and professional communities. It offers personal and business checking accounts, time deposits, money market accounts, savings accounts, and retirement accounts, as well as noninterest and interest-bearing demand deposits. The company also provides small business administration loans; commercial loans; and residential mortgage and consumer loans, including residential real estate, home equity lines and loans, and residential construction lines, as well as personal loans. In addition, it offers credit and debit cards, wire transfer, safe deposit box, automated teller, and internet and mobile banking services; and automated clearing house origination and remote deposit capture services. Unity Bancorp, Inc. was incorporated in 1991 and is headquartered in Clinton, New Jersey.Read More UNTY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart UNTY Stock News HeadlinesMarch 16, 2024 | msn.comUnity Bank, SkillPaddy To Train 1,000 Female Software EngineersMarch 12, 2024 | msn.comIWD: Unity Bank partners SkillPaddy to train 1,000 female software engineersMarch 29, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 12, 2024 | finance.yahoo.comUnity Bancorp's (NASDAQ:UNTY) Dividend Will Be Increased To $0.13March 9, 2024 | finance.yahoo.comUnity Bancorp, Inc. (NASDAQ:UNTY) Looks Interesting, And It's About To Pay A DividendFebruary 27, 2024 | msn.comUnity upgraded to Neutral on 2024 growth reset: Piper SandlerFebruary 27, 2024 | finance.yahoo.comUnity Bancorp's (NASDAQ:UNTY) Upcoming Dividend Will Be Larger Than Last Year'sFebruary 23, 2024 | finanznachrichten.deUnity Bancorp, Inc.: Unity Bancorp Announces 8% Increase in First Quarter DividendMarch 29, 2024 | Crypto Swap Profits (Ad)Grab Your Free Bitcoin Today!And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.February 22, 2024 | marketwatch.comUnity Bancorp Increases Dividend 8% to 13cFebruary 22, 2024 | globenewswire.comUnity Bancorp Announces 8% Increase in First Quarter DividendFebruary 16, 2024 | seekingalpha.comUNTY Unity Bancorp, Inc.January 13, 2024 | benzinga.comUnity Bancorp Stock (NASDAQ:UNTY) Dividends: History, Yield and DatesJanuary 12, 2024 | finance.yahoo.comUnity Bancorp (UNTY) Q4 Earnings: Taking a Look at Key Metrics Versus EstimatesJanuary 12, 2024 | finance.yahoo.comUnity Bancorp Inc (UNTY) Reports Mixed Quarterly Results with a Slight Dip in Net IncomeJanuary 12, 2024 | benzinga.comRecap: Unity Bancorp Q4 EarningsJanuary 12, 2024 | markets.businessinsider.comUnity Bancorp Q4 Earnings Slip But Beat ViewJanuary 12, 2024 | stockhouse.comUnity Bancorp Reports Quarterly Earnings of $9.8 Million and Full Year Earnings of $39.7 MillionJanuary 12, 2024 | finance.yahoo.comUnity Bancorp Reports Quarterly Earnings of $9.8 Million and Full Year Earnings of $39.7 MillionJanuary 5, 2024 | finance.yahoo.comUnity Bancorp (UNTY) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 ReleaseJanuary 2, 2024 | finance.yahoo.comUnity Bancorp (NASDAQ:UNTY) shareholders have earned a 21% CAGR over the last three yearsDecember 21, 2023 | finance.yahoo.comUnity Bank Provides Multimillion Construction Loan for Clinton 122-Unit Assisted Living & Memory Care CenterDecember 5, 2023 | msn.com“Unity in the Community” network sparks growth for local county in OhioNovember 29, 2023 | msn.comUnity is ending a service agreement with Peter Jackson's Weta FX visual effects company, which will result in laying off 265 workersNovember 21, 2023 | finance.yahoo.comUnity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.12November 20, 2023 | msn.comUnity Bank to foray into personal loan bizNovember 19, 2023 | news.yahoo.com607 Unity Unlimited hosts free Thanksgiving dinnerSee More Headlines Receive UNTY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Unity Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings1/12/2024Ex-Dividend for 3/29 Dividend3/14/2024Today3/29/2024Dividend Payable3/29/2024Next Earnings (Estimated)4/15/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryN/A Current SymbolNASDAQ:UNTY CUSIPN/A CIK920427 Webwww.unitybank.com Phone(908) 730-7630Fax908-730-9430Employees227Year FoundedN/APrice Target and Rating Average Stock Price Target$31.50 High Stock Price Target$31.50 Low Stock Price Target$31.50 Potential Upside/Downside+14.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.84 Trailing P/E Ratio7.19 Forward P/E Ratio7.32 P/E GrowthN/ANet Income$39.71 million Net Margins26.19% Pretax Margin34.95% Return on Equity15.91% Return on Assets1.56% Debt Debt-to-Equity Ratio1.40 Current Ratio1.21 Quick Ratio1.21 Sales & Book Value Annual Sales$151.64 million Price / Sales1.85 Cash Flow$4.12 per share Price / Cash Flow6.70 Book Value$25.99 per share Price / Book1.06Miscellaneous Outstanding Shares10,140,000Free Float7,212,000Market Cap$279.86 million OptionableOptionable Beta1.06 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. David D. Dallas (Age 69)Founder & Chairman of the Board Comp: $60kMr. James A. Hughes (Age 65)President, CEO & Director Comp: $1.99MMr. Robert H. Dallas II (Age 77)Founder & Director Comp: $45.1kMr. George Allen Boyan III (Age 42)J.D., Executive VP & CFO Comp: $706.13kMr. Vincent Geraci (Age 56)First Senior VP & Director of Mortgage Lending Comp: $598.19kMr. James R Davies (Age 32)Senior VP & Controller Comp: $315.79kMr. James Donovan (Age 60)Senior VP & Chief Lending Officer Comp: $373.97kMr. David Bove (Age 38)Senior VP & CTO Christopher FenimoreFirst VP & Chief Compliance OfficerMichelle KirmserFirst VP & General CounselMore ExecutivesKey CompetitorsCitizens & NorthernNASDAQ:CZNCOrrstown Financial ServicesNASDAQ:ORRFWest BancorporationNASDAQ:WTBASierra BancorpNASDAQ:BSRRMVB FinancialNASDAQ:MVBFView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 3,155 shares on 3/11/2024Ownership: 4.052%James A HughesSold 1,156 sharesTotal: $31,535.68 ($27.28/share)GSA Capital Partners LLPBought 11,297 shares on 2/16/2024Ownership: 0.112%Vanguard Group Inc.Bought 3,155 shares on 2/15/2024Ownership: 4.084%Bridgeway Capital Management LLCBought 2,389 shares on 2/15/2024Ownership: 0.709%View All Insider TransactionsView All Institutional Transactions UNTY Stock Analysis - Frequently Asked Questions Should I buy or sell Unity Bancorp stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Unity Bancorp in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" UNTY shares. View UNTY analyst ratings or view top-rated stocks. What is Unity Bancorp's stock price target for 2024? 1 Wall Street analysts have issued 1-year target prices for Unity Bancorp's stock. Their UNTY share price targets range from $31.50 to $31.50. On average, they anticipate the company's stock price to reach $31.50 in the next year. This suggests a possible upside of 14.1% from the stock's current price. View analysts price targets for UNTY or view top-rated stocks among Wall Street analysts. How have UNTY shares performed in 2024? Unity Bancorp's stock was trading at $29.59 on January 1st, 2024. Since then, UNTY shares have decreased by 6.7% and is now trading at $27.60. View the best growth stocks for 2024 here. Are investors shorting Unity Bancorp? Unity Bancorp saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 99,200 shares, an increase of 122.9% from the February 29th total of 44,500 shares. Based on an average daily volume of 18,300 shares, the short-interest ratio is currently 5.4 days. Approximately 1.4% of the company's stock are short sold. View Unity Bancorp's Short Interest. When is Unity Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, April 15th 2024. View our UNTY earnings forecast. How were Unity Bancorp's earnings last quarter? Unity Bancorp, Inc. (NASDAQ:UNTY) announced its earnings results on Friday, January, 12th. The financial services provider reported $0.96 EPS for the quarter, topping analysts' consensus estimates of $0.87 by $0.09. The financial services provider had revenue of $26.60 million for the quarter, compared to analyst estimates of $24.90 million. Unity Bancorp had a trailing twelve-month return on equity of 15.91% and a net margin of 26.19%. How often does Unity Bancorp pay dividends? What is the dividend yield for Unity Bancorp? Unity Bancorp declared a quarterly dividend on Thursday, February 22nd. Shareholders of record on Friday, March 15th will be given a dividend of $0.13 per share on Friday, March 29th. This represents a $0.52 annualized dividend and a yield of 1.88%. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of $0.12. Read our dividend analysis for UNTY. Is Unity Bancorp a good dividend stock? Unity Bancorp (NASDAQ:UNTY) pays an annual dividend of $0.52 per share and currently has a dividend yield of 1.87%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 13.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UNTY will have a dividend payout ratio of 12.38% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for UNTY. What other stocks do shareholders of Unity Bancorp own? Based on aggregate information from My MarketBeat watchlists, some companies that other Unity Bancorp investors own include STAG Industrial (STAG), AbbVie (ABBV), Abbott Laboratories (ABT), Eastman Chemical (EMN), Enbridge (ENB), Energy Transfer (ET), General Mills (GIS), MetLife (MET), Realty Income (O) and Pfizer (PFE). Who are Unity Bancorp's major shareholders? Unity Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.62%), Vanguard Group Inc. (4.08%), Vanguard Group Inc. (4.05%), Pacific Ridge Capital Partners LLC (2.24%), Bridgeway Capital Management LLC (0.71%) and Northern Trust Corp (0.64%). Insiders that own company stock include David D Dallas, Donald E Jr Souders, Donald E Jr Souders, George Boyan, James A Hughes, Janice Bolomey, John J Kauchak, Laureen Cook, Mark S Brody, Mary E Gross, Stephen Rooney, Vincent Geraci and Wayne Courtright. View institutional ownership trends. How do I buy shares of Unity Bancorp? Shares of UNTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:UNTY) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyMost important medical advance in 100 yearsThe Oxford ClubBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Unity Bancorp, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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