Currently, there are 89.77M common shares owned by the public and among those 88.75M shares have been available to trade.
The company’s stock has a 5-day price change of -2.45% and -12.36% over the past three months. AUB shares are trading -1.14% year to date (YTD), with the 12-month market performance up to 14.95% higher. It has a 12-month low price of $30.43 and touched a high of $44.54 over the same period. AUB has an average intraday trading volume of 863.25K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.94%, -2.68%, and 0.79% respectively.
Institutional ownership of Atlantic Union Bankshares Corp (NYSE: AUB) shares accounts for 93.93% of the company’s 89.77M shares outstanding.
It has a market capitalization of $3.36B and a beta (3y monthly) value of 0.89. The stock’s trailing 12-month PE ratio is 16.37, while the earnings-per-share (ttm) stands at $2.29. The company has a debt-to-equity ratio at 0.17. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.30% over the week and 2.64% over the month.
Earnings per share for the fiscal year are expected to increase by 27.08%, and 18.12% over the next financial year.
Looking at the support for the AUB, a number of firms have released research notes about the stock. Hovde Group stated their Outperform rating for the stock in a research note on January 27, 2025, with the firm’s price target at $47-$46. Piper Sandler coverage for the Atlantic Union Bankshares Corp (AUB) stock in a research note released on January 13, 2025 offered a Overweight rating with a price target of $51. Hovde Group was of a view on September 13, 2024 that the stock is Outperform, while Hovde Group gave the stock Outperform rating on July 26, 2024, issuing a price target of $40- $46. Stephens on their part issued Overweight rating on September 13, 2023.
