NASDAQ:UNTY Unity Bancorp (UNTY) Stock Price, News & Analysis → It's time to ween off Chinese lithium! (From Smallcaps Daily) (Ad) Free UNTY Stock Alerts $26.29 -0.27 (-1.02%) (As of 06/7/2024 08:52 PM ET) Add Compare Share Share Today's Range$26.29▼$26.4950-Day Range$26.00▼$27.9852-Week Range$22.49▼$30.70Volume12,800 shsAverage Volume15,645 shsMarket Capitalization$263.95 millionP/E Ratio6.90Dividend Yield1.98%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Unity Bancorp alerts: Email Address Unity Bancorp MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.43% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingSelling Shares$70,694 Sold Last QuarterProj. Earnings Growth9.45%From $3.81 to $4.17 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.3.88 out of 5 starsFinance Sector300th out of 816 stocksState Commercial Banks Industry77th out of 165 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Unity Bancorp.Read more about Unity Bancorp's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.43% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Unity Bancorp has recently decreased by 12.21%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldUnity Bancorp pays a meaningful dividend of 1.98%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthUnity Bancorp has been increasing its dividend for 11 years.Dividend CoverageThe dividend payout ratio of Unity Bancorp is 13.65%. 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 12.47% next year. This indicates that Unity Bancorp will be able to sustain or increase its dividend.Read more about Unity Bancorp's 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 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for Unity Bancorp this week, compared to 1 article on an average week. 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 $70,694.00 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.Read more about Unity Bancorp's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Unity Bancorp are expected to grow by 9.45% in the coming year, from $3.81 to $4.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Unity Bancorp is 6.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Unity Bancorp is 6.90, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.37.Price to Book Value per Share RatioUnity Bancorp has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Unity Bancorp's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Smallcaps DailyIt's time to ween off Chinese lithium!As the lithium rush continues, this small-cap NASDAQ-traded company may be one of the brightest and most promising companies to be watching closelyLearn how this American company is leading the lithium-ion revolution 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 HeadlinesJune 6, 2024 | americanbankingnews.comUnity Bancorp (NASDAQ:UNTY) Stock Price Crosses Below 200-Day Moving Average of $27.61June 5, 2024 | americanbankingnews.comUnity Bancorp, Inc. (UNTY) to Issue Quarterly Dividend of $0.13 on June 21stMay 29, 2024 | msn.comUnity brings success as Northern Housing Awards Team of the YearMay 29, 2024 | msn.comUnity Trust Bank appoints new Chief Financial OfficerMay 16, 2024 | globenewswire.comUnity Bancorp Declares Cash DividendMay 1, 2024 | venturebeat.comUnity appoints ex-Zynga exec Matthew Bromberg as CEOApril 22, 2024 | finance.yahoo.comUnity Bancorp, Inc. (NASDAQ:UNTY) has caught the attention of institutional investors who hold a sizeable 39% stakeApril 20, 2024 | money.usnews.comUnity Bancorp, Inc.April 15, 2024 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Wells Fargo (WFC), Customers Bancorp (CUBI) and Unity Bancorp (UNTY)April 14, 2024 | seekingalpha.comUnity Bancorp: Respectable Quarter To Kick Off Regional Bank Earnings SeasonApril 12, 2024 | investorplace.comUNTY Stock Earnings: Unity Bancorp Beats EPS, Misses Revenue for Q1 2024April 12, 2024 | markets.businessinsider.comAnalysts Are Bullish on Top Financial Stocks: Provident Financial Services (PFS), Unity Bancorp (UNTY)April 12, 2024 | finanznachrichten.deUnity Bancorp, Inc.: Unity Bancorp Reports Quarterly Earnings of $9.6 MillionApril 12, 2024 | globenewswire.comUnity Bancorp Reports Quarterly Earnings of $9.6 MillionApril 10, 2024 | seekingalpha.comUnity: Turnaround Will Take TimeMarch 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 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 DividendFebruary 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.See 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 Ex-Dividend for 3/29 Dividend3/14/2024Dividend Payable3/29/2024Last Earnings4/12/2024Ex-Dividend for 6/21 Dividend6/07/2024Today6/10/2024Dividend Payable6/21/2024Next Earnings (Estimated)7/12/2024Fiscal 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) 730-7630Fax908-730-9430Employees217Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$3.81 Trailing P/E Ratio6.90 Forward P/E Ratio6.90 P/E GrowthN/ANet Income$39.71 million Net Margins24.92% Pretax Margin33.22% Return on Equity15.23% Return on Assets1.52% Debt Debt-to-Equity Ratio1.16 Current Ratio1.18 Quick Ratio1.18 Sales & Book Value Annual Sales$151.64 million Price / Sales1.74 Cash Flow$4.16 per share Price / Cash Flow6.32 Book Value$25.99 per share Price / Book1.01Miscellaneous Outstanding Shares10,040,000Free Float7,140,000Market Cap$263.95 million OptionableOptionable Beta1.04 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.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 CompetitorsOrrstown Financial ServicesNASDAQ:ORRFFirst Business Financial ServicesNASDAQ:FBIZCentral Valley Community BancorpNASDAQ:CVCYBayComNASDAQ:BCMLParke BancorpNASDAQ:PKBKView All CompetitorsInsiders & InstitutionsKennedy Capital Management LLCSold 915 shares on 5/16/2024Ownership: 0.594%O Shaughnessy Asset Management LLCBought 7,104 shares on 5/13/2024Ownership: 0.165%Hillsdale Investment Management Inc.Bought 1,500 shares on 5/11/2024Ownership: 0.046%Vanguard Group Inc.Bought 3,170 shares on 5/10/2024Ownership: 4.083%Acadian Asset Management LLCSold 657 shares on 5/10/2024Ownership: 0.722%View All Insider TransactionsView All Institutional Transactions UNTY Stock Analysis - Frequently Asked Questions How have UNTY shares performed in 2024? Unity Bancorp's stock was trading at $29.59 at the beginning of the year. Since then, UNTY shares have decreased by 11.2% and is now trading at $26.29. View the best growth stocks for 2024 here. When is Unity Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, July 12th 2024. View our UNTY earnings forecast. How were Unity Bancorp's earnings last quarter? Unity Bancorp, Inc. (NASDAQ:UNTY) released its quarterly earnings results on Friday, April, 12th. The financial services provider reported $0.93 EPS for the quarter, topping analysts' consensus estimates of $0.91 by $0.02. The financial services provider earned $25.56 million during the quarter, compared to the consensus estimate of $25.15 million. Unity Bancorp had a trailing twelve-month return on equity of 15.23% and a net margin of 24.92%. How often does Unity Bancorp pay dividends? What is the dividend yield for Unity Bancorp? Unity Bancorp announced a quarterly dividend on Thursday, May 16th. Shareholders of record on Friday, June 7th will be given a dividend of $0.13 per share on Friday, June 21st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date of this dividend is Friday, June 7th. 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 1.98%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 13.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UNTY will have a dividend payout ratio of 12.47% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for UNTY. What ETF holds Unity Bancorp's stock? Inspire Fidelis Multi Factor ETF holds 29,902 shares of UNTY stock, representing 0.97% of its portfolio. 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 Vanguard Group Inc. (4.08%), Pacific Ridge Capital Partners LLC (2.11%), Acadian Asset Management LLC (0.72%), Kennedy Capital Management LLC (0.59%), Inspire Investing LLC (0.32%) and Empowered Funds LLC (0.29%). 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 6/10/2024 by MarketBeat.com Staff From Our PartnersWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...StocksToTrade | SponsoredAlert: Your Bank is Dying – Act Now or Lose Everything!Get your free information kit NOW, before it’s too late. 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