How to Buy Unity Bancorp Stock
Unity Bancorp Inc
Unity Bancorp, Inc. operates as the holding company for Unity Bank that provides commercial and retail banking products and services to individuals, small and medium sized businesses, and professional communities.
Unity Bancorp stock last closed at $27.63, up 0.44% from the previous day, and has increased 18.33% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.03 percentage points. Unity Bancorp stock is currently +38.08% from its 52-week low of $20.01, and -10% from its 52-week high of $30.70.
There are currently 10.14M shares of UNTY outstanding. The market value of UNTY is $280.20M. In the past 24 hours, 7197 UNTY shares were traded.
How to Buy Unity Bancorp Stock
Wondering how to invest in Unity Bancorp stock? Here's how.
- Choose where to buy Unity Bancorp stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Unity Bancorp stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Choose your method of payment and add your information.
- Research Unity Bancorp stock: The Unity Bancorp ticker symbol is UNTY. Is Unity Bancorp stock a good investment? Should you buy shares of UNTY? How do UNTY's underlying business fundamentals look? Do top analysts think Unity Bancorp is a good buy? Why has UNTY's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if UNTY is a good stock to buy).
- Place your UNTY buy order: Decide if you will purchase UNTY shares at the current market price or use a limit order to purchase UNTY shares at a given price.
- Get notifications regarding your investment in UNTY: Create a watchlist to important updates regarding your investment in Unity Bancorp shares.
Step 1: Choose where to buy Unity Bancorp stock
You need an online brokerage account to access the NASDAQ market and buy UNTY shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal info so you can buy UNTY stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new trading account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've opened your account on one of the most highly reviewed stock apps, your next step is to transfer the money for your investment:
Watch the walkthrough below if you need help transferring funds into your investment account.
Step 4: Research Unity Bancorp stock
Once you have selected the best place to buy Unity Bancorp stock, it's crucial to evaluate their stock prior to buying, so you truly wrap your head around the risk as well as the upside.
Unity Bancorp shares quick numbers
Fundamentals of UNTY
WallStreetZen was created to help everyday investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on UNTY's stock page.
What is the fair value of UNTY stock?
Investors use many financial metrics, analyses, models, and charts to gauge UNTY's fair value.
Using relative valuations metrics:
- UNTY may be undervalued based on its P/E ratio of 7.1x, relative to Banks - Regional industry P/E ratio of -10.89x
- UNTY could be overvalued based on its P/B ratio of 1.07x, relative to Banks - Regional industry P/B ratio of 0.99x
- UNTY could be undervalued based on its PEG ratio of 0.71x
You can access additional valuation research on UNTY's stock here.
UNTY Financial Health
Positive Financial Indicators:
- UNTY earnings of $53.00M is not enough to cover its interest payments.
- Total UNTY debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- UNTY's operating cash flow of $46.91M allows it to safely service it's debt of $366.75M.
- UNTY profit margin has gone down from 41% to 39.7% in the past year.
- UNTY has a relatively high debt to equity ratio of 8.86.
You can dive deeper into what analysts are projecting on the Unity Bancorp stock forecast page.
UNTY Trading Indicators
UNTY Growth Numbers
Last year, UNTY earnings were $39.71M. In the past 5 year, UNTY's earnings have gone up by 13.78% per year. This was slower than the Banks - Regional industry average of 16.34%.
Last year, UNTY revenue was $99.97M. During the last five year, UNTY's revenue has increased by 10.48% per year. This was faster than the Banks - Regional industry average of 7.34%.
Dig into UNTY's earnings and revenue performance here.
What are UNTY executives and large shareholders up to?
Over the last year, executives and large shareholders at UNTY have bought more shares than they have sold.
James A. Hughes, PresidentCEO of UNTY, was the latest UNTY insider to sell. They sold $28,995.48 worth of UNTY shares on Mar 25, 2024.
Get more info about who owns UNTY stock here.
Does UNTY stock generate passive income?
Unity Bancorp pays a dividend of 1.77%, compared to the Banks - Regional industry's average dividend yield of 3.82%. If you owned $1,000 worth of UNTY stock, you would have received $17.73 last year.
Unity Bancorp dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Unity Bancorp dividend yield and history here.
What do other traders have to say about UNTY?
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your UNTY buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, place a limit order.
Press the Open Trade button and your broker will execute your order.
If you require additional help buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your investment in UNTY
Now that you own some shares in UNTY, you'll want to keep up with your investment.
Create a watchlist to get the latest updates about your UNTY stock.
UNTY Feed
How to Buy Stock in Unity Bancorp
To summarize, here are the 6 steps to buy stock in Unity Bancorp:
- Choose where to buy Unity Bancorp stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Research Unity Bancorp stock
- Place your UNTY buy order
- Get notifications regarding your investment in UNTY
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Unity Bancorp, create your watchlist below.
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