In today’s recent session, 2.02 million shares of the United Micro Electronics ADR (NYSE:UMC) have been traded, and its beta is 1.07. Most recently the company’s share price was $8.29, and it changed around $0.17 or 2.15% from the last close, which brings the market valuation of the company to $20.83B. UMC at last check was trading at a discount to its 52-week high of $9.00, offering almost -8.56% off that amount. The share price’s 52-week low was $5.61, which indicates that the recent value has risen by an impressive 32.33% since then.
United Micro Electronics ADR stock received a consensus recommendation rating of Hold, based on a mean score of 2.67. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 3 recommended UMC as a Hold, whereas 1 deemed it a Buy, and 2 rated it as Underweight.
United Micro Electronics ADR (NYSE:UMC) trade information
Instantly UMC has been showing a green trend so far today with a performance of 2.15% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 8.30 on recent trading dayincreased the stock’s daily price by 0.12%. The company’s shares are currently up 27.81% year-to-date, but still up 6.89% over the last five days. On the other hand, United Micro Electronics ADR (NYSE:UMC) is 5.80% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $8.66, which translates to bulls needing to increase their stock price by 4.27% from its current value. Analyst projections state that UMC is forecast to be at a low of $7.4 and a high of $9.93.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 34.72%. United Micro Electronics ADR earnings are expected to increase by -9.35% in 2025, but the outlook is positive 5.48% per year for the next five years.
UMC Dividends
United Micro Electronics ADR’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 5.50 percent and its annual dividend per share was 0.46. It is important to note, however, that the 5.50% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
VANGUARD GROUP INC, with 0.1226% or 15.22 million shares worth $133.31 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
