United Bankshares (NASDAQ:UBSI) Hits New 52-Week High – What’s Next?

04 Aug 2026, 18:42 by Mitch Edgeman · The Markets Daily

United Bankshares, Inc. (NASDAQ:UBSI – Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $49.30 and last traded at $49.3860, with a volume of 129332 shares. The stock had previously closed at $48.91.

Wall Street Analysts Forecast Growth

UBSI has been the subject of a number of recent analyst reports. Wall Street Zen upgraded United Bankshares from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. Keefe, Bruyette & Woods upped their target price on shares of United Bankshares from $46.00 to $48.00 and gave the company a “market perform” rating in a research note on Monday, July 27th. Hovde Group raised their price objective on United Bankshares from $49.00 to $50.00 and gave the stock a “market perform” rating in a research note on Friday, July 24th. Raymond James Financial upped their target price on United Bankshares from $49.00 to $50.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of United Bankshares in a research report on Monday, July 6th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $47.80.

Read Our Latest Analysis on United Bankshares

United Bankshares Stock Performance

The company has a market capitalization of $6.82 billion, a price-to-earnings ratio of 13.48 and a beta of 0.71. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.98 and a current ratio of 0.98. The firm’s 50 day simple moving average is $45.78 and its 200-day simple moving average is $43.60.

United Bankshares (NASDAQ:UBSI – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.06. The firm had revenue of $323.82 million during the quarter, compared to the consensus estimate of $320.07 million. United Bankshares had a return on equity of 9.39% and a net margin of 27.97%.During the same period in the prior year, the business earned $0.85 EPS. Analysts expect that United Bankshares, Inc. will post 3.71 EPS for the current year.

United Bankshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Friday, June 12th were given a dividend of $0.38 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $1.52 dividend on an annualized basis and a yield of 3.1%. United Bankshares’s dividend payout ratio (DPR) is presently 41.42%.

Institutional Trading of United Bankshares

Institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its stake in shares of United Bankshares by 4.6% in the 4th quarter. Brighton Jones LLC now owns 16,873 shares of the financial services provider’s stock valued at $634,000 after purchasing an additional 748 shares during the last quarter. Royal Bank of Canada lifted its position in shares of United Bankshares by 2.0% during the 1st quarter. Royal Bank of Canada now owns 66,649 shares of the financial services provider’s stock worth $2,310,000 after buying an additional 1,298 shares during the period. Millennium Management LLC boosted its stake in shares of United Bankshares by 464.1% in the 1st quarter. Millennium Management LLC now owns 137,336 shares of the financial services provider’s stock valued at $4,761,000 after purchasing an additional 112,988 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in United Bankshares by 7.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 409,428 shares of the financial services provider’s stock worth $14,195,000 after buying an additional 28,366 shares during the last quarter. Finally, Jane Street Group LLC grew its position in United Bankshares by 564.0% during the 1st quarter. Jane Street Group LLC now owns 182,540 shares of the financial services provider’s stock worth $6,329,000 after acquiring an additional 155,051 shares during the last quarter. 70.80% of the stock is currently owned by institutional investors and hedge funds.

About United Bankshares

(Get Free Report)

United Bankshares, Inc, headquartered in Charleston, West Virginia, is a bank holding company that provides a full range of financial services through its primary subsidiary, United Bank. The company’s core offerings include retail and commercial banking products such as checking and savings accounts, certificates of deposit, personal and business loans, mortgages, and treasury management services. In addition, United Bankshares delivers private banking, wealth management, trust and fiduciary solutions, and investment advisory services to meet the needs of individual, corporate, and institutional clients.