Stocks of Atlantic Union Bankshares Corp (AUB) are poised to climb above their peers

With 2.86 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.67 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $43.15 whereas the lowest price it dropped to was $40.99. The 52-week range on AUB shows that it touched its highest point at $42.50 and its lowest point at $29.24 during that stretch. It currently has a 1-year price target of $43.25. With its current market cap of 3.84 billion, AUB has annualized dividend of $1.28 while the current yield stands at 2.97%. Beta for the stock currently stands at 0.88.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AUB was up-trending over the past week, with a rise of 12.49%, but this was up by 18.74% over a month. Three-month performance surged to 17.20% while six-month performance rose 27.67%. The stock gained 35.87% in the past year, while it has gained 18.06% so far this year. A look at the trailing 12-month EPS for AUB yields 2.41 with Next year EPS estimates of 3.34. For the next quarter, that number is 0.79. This implies an EPS growth rate of 0.00% for this year and 13.33% for next year. EPS is expected to grow by 8.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 2.69%.

Float and Shares Shorts:

At present, 89.11 million AUB shares are outstanding with a float of 88.15 million shares on hand for trading. On 2024-10-15, short shares totaled 3.06 million, which was 340.99999999999994 higher than short shares on 1726185600. In addition to Mr. John C. Asbury as the firm’s President, CEO & Director, Mr. Robert Michael Gorman serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.75615 of AUB’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AUB since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AUB analysts setting a high price target of 46.0 and a low target of 41.0, the average target price over the next 12 months is 43.25. Based on these targets, AUB could surge 6.63% to reach the target high and fall by -4.96% to reach the target low. Reaching the average price target will result in a growth of 0.25% from current levels.

Analysts have provided yearly estimates in a range of $3.0107 being high and $2.87247 being low. For AUB, this leads to a yearly average estimate of $2.95. The surprise factor in the prior quarter was $0.64. Based on analyst estimates, the high estimate for the next quarter is $0.81 and the low estimate is $0.73. The average estimate for the next quarter is thus $0.75.