UVSP

Stock Recommendations: Three stocks with strong income characteristics and buy rankings are highlighted: Frontline plc (FRO) with a 5.3% dividend yield, ORIX Corporation (IX) with a 3.1% yield, and Univest Financial Corporation (UVSP) with a 2.9% yield.

Investment Insights: Experts have identified seven elite stocks from the Zacks Rank #1 Strong Buys list, which have historically outperformed the market with an average gain of +24.3% per year since 1988.

Top Stock Recommendations: Three stocks with strong income characteristics and buy rankings are highlighted: First Financial Corporation (THFF) with a 4.2% dividend yield, HBT Financial, Inc. (HBT) at 3.7%, and Univest Financial Corporation (UVSP) at 3.0%.

Investment Potential: These companies have seen positive earnings estimates recently, making them attractive options for investors looking to capitalize on potential growth, with previous recommendations yielding significant returns.

Dividend Announcement: Univest Financial has declared a quarterly dividend of $0.21 per share, consistent with previous dividends, resulting in a forward yield of 2.8%.

Payment Details: The dividend is payable on February 19 to shareholders of record as of February 5, with an ex-dividend date also set for February 5.

Earnings Conference Call Announcement: Univest Financial Corporation will host a conference call on January 23, 2025, at 9:00 a.m. to discuss its fourth quarter 2024 earnings, with earnings being released after market close on January 22, 2025.

Company Overview: Univest Financial Corporation, headquartered in Souderton, PA, has approximately $8.2 billion in assets and offers a range of financial solutions through over 50 offices primarily in the Mid-Atlantic Region.

Upcoming Ex-Dividend Dates: Brown & Brown Inc, WisdomTree Inc, and Univest Financial Corp will trade ex-dividend on 11/6/24, with dividends of $0.15, $0.03, and $0.21 respectively, affecting their stock prices accordingly.

Dividend Yield Expectations: The estimated annualized yields based on recent dividends are 0.58% for Brown & Brown Inc, 1.17% for WisdomTree Inc, and 3.02% for Univest Financial Corp, reflecting the stability of their dividend history.

Kinsale Capital Group Inc. and Univest Financial Corp. Ratings: Kinsale Capital's rating improved from 72% to 74%, indicating a reasonable valuation and strong fundamentals, while Univest Financial's rating rose from 56% to 74%, reflecting similar positive changes in its underlying financial health.

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Conference Call Announcement: Univest Financial Corporation will host a conference call on October 24, 2024, at 9:00 a.m. to discuss its third quarter 2024 earnings, with earnings being released after market close on October 23, 2024.

Company Overview: Univest Financial Corporation, headquartered in Souderton, PA, has approximately $7.9 billion in assets and offers a range of financial solutions through over 50 offices primarily in the Mid-Atlantic Region.

Earnings Report: Univest Financial (NASDAQ:UVSP) reported Q2 2024 earnings of 61 cents per share, surpassing the analyst estimate of 51 cents, but revenue of $72.01 million fell short of the expected $72.30 million by 0.41%.

Automated Reporting: InvestorPlace Earnings utilizes TradeSmith data to automate the coverage of quarterly earnings reports, providing quick insights into key financial figures without human intervention.

Univest Earnings Report:

• Univest (UVSP) reported quarterly earnings of $0.60 per share, beating estimates by 25%.
• The company has surpassed consensus EPS estimates four times in the last four quarters.
• Revenues for the quarter ended March 2024 were $77.06 million, exceeding expectations by 7.93%.
• Management's commentary on future earnings will impact stock movement.
• Univest shares have declined by 9.2% this year compared to S&P 500's gain.

Outlook for Univest:

• Investors are uncertain about Univest's future performance.
• Earnings outlook and estimate revisions are crucial indicators.
• Zacks Rank currently holds Univest at #3 (Hold).
• Estimates for upcoming quarters and fiscal year are being monitored.
• Industry outlook can also influence stock performance.

Shore Bancshares Performance:

• Shore Bancshares (SHBI) is yet to report results for the quarter ended March 2024.
• Expected quarterly earnings are $0.33 per share with a year-over-year change of -5.7%.
• Revenues are anticipated to be $49.88 million, up 60.7% from the previous year.

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Zacks Investment Research:

• Zacks offers recommendations for the best stocks for the next 30 days.
• Free stock analysis reports available for Univest Corporation of Pennsylvania (UVSP) and Shore Bancshares Inc (SHBI).