United Microelectronics (NYSE:UMC – Get Free Report) posted its earnings results on Thursday. The semiconductor company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.03, Zacks reports. The company had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.71 billion. United Microelectronics had a return on equity of 14.66% and a net margin of 23.90%. During the same period in the previous year, the company earned $0.20 EPS.
United Microelectronics Stock Down 2.5 %
NYSE UMC traded down $0.20 during trading on Friday, hitting $7.88. The stock had a trading volume of 19,692,092 shares, compared to its average volume of 15,334,763. The company has a market capitalization of $19.75 billion, a PE ratio of 11.26, a P/E/G ratio of 4.29 and a beta of 1.18. The company’s 50-day moving average price is $8.39 and its two-hundred day moving average price is $8.11. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.93 and a current ratio of 2.32. United Microelectronics has a 12 month low of $6.71 and a 12 month high of $9.00.
United Microelectronics Cuts Dividend
The company also recently announced an annual dividend, which was paid on Wednesday, July 31st. Shareholders of record on Tuesday, July 2nd were paid a $0.356 dividend. This represents a yield of 4.07%. The ex-dividend date of this dividend was Tuesday, July 2nd. United Microelectronics’s payout ratio is 50.00%.
Analysts Set New Price Targets
View Our Latest Stock Report on United Microelectronics
United Microelectronics Company Profile
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers.
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