Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First United (FUNC) have what it takes?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First United (FUNC) have what it takes?
First United (FUNC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First United (FUNC) have what it takes?
First United Corporation (FUNC) came out with quarterly earnings of $1.1 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.95 per share a year ago.
Finding good stocks in today's inflated market is even more difficult during earnings season, when noise and narratives fuel heightened speculation.
First United Corporation (FUNC) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.89 per share a year ago.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First United (FUNC) have what it takes?
First United (FUNC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First United (FUNC) have what it takes?
First United remains a 'buy' due to strong asset quality, attractive returns, and shares trading cheaply relative to earnings despite higher price-to-book ratios. Deposit growth is supported by brokered deposits, but uninsured deposit exposure is low, reducing risk in a downturn. Net interest income, non-interest income, and net profits have all shown solid year-over-year growth, with improving margins and lower debt.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First United (FUNC) have what it takes?