Unity Bancorp (UNTY)
Market Price (5/30/2026): $55.75 | Market Cap: $558.2 MilSector: Financials | Industry: Regional Banks
Unity Bancorp (UNTY)
Market Price (5/30/2026): $55.75Market Cap: $558.2 MilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 12%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.7%, FCF Yield is 7.4% Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 27% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 30% Low stock price volatilityVol 12M is 30% Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments. | Trading close to highsDist 52W High is -1.9%, Dist 3Y High is -1.9% | Key risksUNTY key risks include [1] credit exposure concentrated in its commercial real estate and Small Business Administration (SBA) loan portfolios. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 12%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.7%, FCF Yield is 7.4% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 27% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 30% |
| Low stock price volatilityVol 12M is 30% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments. |
| Trading close to highsDist 52W High is -1.9%, Dist 3Y High is -1.9% |
| Key risksUNTY key risks include [1] credit exposure concentrated in its commercial real estate and Small Business Administration (SBA) loan portfolios. |
Qualitative Assessment
AI Analysis | Feedback
Unity Bancorp (UNTY) stock has gained about 5% since 1/31/2026 because of the following key factors:
1. Strong First Quarter 2026 Financial Performance: Unity Bancorp reported a net income of $14.3 million, or $1.40 per diluted share, for the first quarter of 2026, surpassing analyst expectations of $1.37 EPS. This represented a 23.2% increase in net income year-over-year. The company's revenue also exceeded estimates, reaching $33.61 million against an analyst consensus of $33.39 million. This performance was largely driven by robust organic growth, with gross loans increasing by 2.2% and total customer deposits by 2.9% compared to year-end 2025. Additionally, net interest income climbed 12.8% to $30.7 million, and the net interest margin widened by 0.07 percentage points to 4.53%.
2. Positive Analyst Sentiment and Upgraded Price Targets: Throughout the period, Unity Bancorp received favorable ratings and increased price targets from several financial analysts. DA Davidson initiated coverage with a "Buy" rating and a price target of $68.00 in May 2026, citing the company's strong organic growth and profitability. Earlier, in January 2026, Piper Sandler named Unity Bank a "Top Bank Investment Idea for 2026," highlighting its double-digit loan growth and an attractive net interest margin of 4.5%. The consensus among analysts is a "Buy" rating with an average price target of $64.75, suggesting a significant upside from its current trading price.
Show more
Stock Movement Drivers
Fundamental Drivers
The 3.8% change in UNTY stock from 1/31/2026 to 5/29/2026 was primarily driven by a 9.3% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 1312026 | 5292026 | Change |
|---|---|---|---|
| Stock Price ($) | 53.79 | 55.86 | 3.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 126 | 138 | 9.3% |
| Net Income Margin (%) | 42.7% | 43.9% | 2.8% |
| P/E Multiple | 10.0 | 9.2 | -7.8% |
| Shares Outstanding (Mil) | 10 | 10 | 0.2% |
| Cumulative Contribution | 3.8% |
Market Drivers
1/31/2026 to 5/29/2026| Return | Correlation | |
|---|---|---|
| UNTY | 3.8% | |
| Market (SPY) | 9.6% | 36.7% |
| Sector (XLF) | -3.0% | 49.4% |
Fundamental Drivers
The 23.7% change in UNTY stock from 10/31/2025 to 5/29/2026 was primarily driven by a 14.8% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 10312025 | 5292026 | Change |
|---|---|---|---|
| Stock Price ($) | 45.14 | 55.86 | 23.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 120 | 138 | 14.8% |
| Net Income Margin (%) | 42.0% | 43.9% | 4.6% |
| P/E Multiple | 9.0 | 9.2 | 2.8% |
| Shares Outstanding (Mil) | 10 | 10 | 0.2% |
| Cumulative Contribution | 23.7% |
Market Drivers
10/31/2025 to 5/29/2026| Return | Correlation | |
|---|---|---|
| UNTY | 23.7% | |
| Market (SPY) | 11.5% | 33.7% |
| Sector (XLF) | -0.7% | 45.4% |
Fundamental Drivers
The 36.6% change in UNTY stock from 4/30/2025 to 5/29/2026 was primarily driven by a 31.7% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 4302025 | 5292026 | Change |
|---|---|---|---|
| Stock Price ($) | 40.90 | 55.86 | 36.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 105 | 138 | 31.7% |
| Net Income Margin (%) | 39.6% | 43.9% | 11.0% |
| P/E Multiple | 9.9 | 9.2 | -6.6% |
| Shares Outstanding (Mil) | 10 | 10 | -0.1% |
| Cumulative Contribution | 36.6% |
Market Drivers
4/30/2025 to 5/29/2026| Return | Correlation | |
|---|---|---|
| UNTY | 36.6% | |
| Market (SPY) | 38.0% | 43.0% |
| Sector (XLF) | 7.4% | 53.9% |
Fundamental Drivers
The 153.8% change in UNTY stock from 4/30/2023 to 5/29/2026 was primarily driven by a 52.6% change in the company's P/E Multiple.| (LTM values as of) | 4302023 | 5292026 | Change |
|---|---|---|---|
| Stock Price ($) | 22.01 | 55.86 | 153.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 98 | 138 | 41.4% |
| Net Income Margin (%) | 39.4% | 43.9% | 11.5% |
| P/E Multiple | 6.0 | 9.2 | 52.6% |
| Shares Outstanding (Mil) | 11 | 10 | 5.5% |
| Cumulative Contribution | 153.8% |
Market Drivers
4/30/2023 to 5/29/2026| Return | Correlation | |
|---|---|---|
| UNTY | 153.8% | |
| Market (SPY) | 89.0% | 38.2% |
| Sector (XLF) | 63.2% | 54.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| UNTY Return | 52% | 6% | 11% | 50% | 20% | 9% | 249% |
| Peers Return | 29% | 4% | 32% | 20% | 7% | 9% | 147% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 101% |
Monthly Win Rates [3] | |||||||
| UNTY Win Rate | 92% | 50% | 50% | 58% | 67% | 60% | |
| Peers Win Rate | 63% | 48% | 55% | 57% | 53% | 68% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| UNTY Max Drawdown | -12% | -17% | -24% | -15% | -24% | -12% | |
| Peers Max Drawdown | -15% | -27% | -33% | -19% | -22% | -13% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: TCBX, GCBC, HBT, BFST, BCML.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/29/2026 (YTD)
How Low Can It Go
| Event | UNTY | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -19.5% | -18.8% |
| % Gain to Breakeven | 24.2% | 23.1% |
| Time to Breakeven | 88 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -13.2% | -9.5% |
| % Gain to Breakeven | 15.3% | 10.5% |
| Time to Breakeven | 21 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -22.6% | -6.7% |
| % Gain to Breakeven | 29.1% | 7.1% |
| Time to Breakeven | 81 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -50.3% | -33.7% |
| % Gain to Breakeven | 101.2% | 50.9% |
| Time to Breakeven | 276 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -18.0% | -19.2% |
| % Gain to Breakeven | 21.9% | 23.8% |
| Time to Breakeven | 93 days | 105 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -13.1% | -15.4% |
| % Gain to Breakeven | 15.1% | 18.2% |
| Time to Breakeven | 26 days | 125 days |
In The Past
Unity Bancorp's stock fell -19.5% during the 2025 US Tariff Shock. Such a loss loss requires a 24.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | UNTY | S&P 500 |
|---|---|---|
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -22.6% | -6.7% |
| % Gain to Breakeven | 29.1% | 7.1% |
| Time to Breakeven | 81 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -50.3% | -33.7% |
| % Gain to Breakeven | 101.2% | 50.9% |
| Time to Breakeven | 276 days | 140 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -59.6% | -53.4% |
| % Gain to Breakeven | 147.6% | 114.4% |
| Time to Breakeven | 697 days | 1085 days |
In The Past
Unity Bancorp's stock fell -19.5% during the 2025 US Tariff Shock. Such a loss loss requires a 24.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Unity Bancorp (UNTY)
AI Analysis | Feedback
Analogies for Unity Bancorp (UNTY):
- It's like a highly localized and community-focused Bank of America, exclusively serving specific counties in New Jersey and Pennsylvania.
- Think of it as a smaller, neighborhood version of a big bank like Wells Fargo, dedicated to individuals and small businesses in its regional market.
AI Analysis | Feedback
```html- Checking Accounts: Offers both personal and business checking accounts.
- Savings Accounts: Provides regular savings and money market accounts.
- Time Deposits: Includes various types of certificates of deposit (CDs) and other time-based savings products.
- Small Business Administration (SBA) Loans: Provides government-backed loans to small businesses.
- Commercial Loans: Offers loans to businesses for operational, expansion, or other commercial needs.
- Residential Mortgage Loans: Provides financing for residential real estate purchases, refinances, and construction.
- Home Equity Loans and Lines of Credit: Offers loans and credit lines secured by the equity in a homeowner's property.
- Personal Loans: Provides loans to individuals for various personal consumer needs.
AI Analysis | Feedback
```htmlUnity Bancorp, Inc. (UNTY) primarily serves the following categories of customers:
- Individuals: This includes consumers seeking personal checking accounts, savings accounts, residential mortgages, home equity loans, and other personal loans.
- Small and Medium-Sized Businesses: These customers utilize the bank's commercial banking products and services, including business checking accounts, commercial loans, and Small Business Administration (SBA) loans.
- Professional Communities: This category likely encompasses professionals and their practices (e.g., medical, legal, accounting firms) who require specialized banking services, including checking accounts and commercial loans tailored to their professional needs.
AI Analysis | Feedback
nullAI Analysis | Feedback
James Hughes, Chief Executive Officer
James Hughes joined Unity Bancorp in December 2000 and was appointed Chief Executive Officer in 2003. Prior to his time at Unity, he served as a Senior Vice President of Finance at Summit Bancorp in Princeton, New Jersey, where he began in August 1989. He also worked as an audit manager with KPMG, L.L.P. Mr. Hughes is a certified public accountant and holds a B.S. in Accounting/Finance from Mount St. Mary's College and an M.B.A. in Finance from Seton Hall University.
James Davies, Chief Financial Officer
James Davies was appointed Chief Financial Officer of Unity Bancorp, effective January 1, 2026. Before this promotion, he served as the company's Senior Vice President and Controller. His prior experience includes serving as Deputy Controller of Valley Bank in 2022, and from 2018 to 2022, he was First Vice President, Co-Controller, and CFO of Leumi Investment Services, Inc., as well as Finance Manager of Bank Leumi USA.
George Boyan, President
George Boyan was promoted to President of Unity Bancorp, effective January 1, 2026, and also joined the Boards of Directors of both Unity Bancorp, Inc. and Unity Bank. He previously held the position of Executive Vice President and Chief Financial Officer for Unity Bancorp from 2021. From 2014 to 2021, he served as Treasurer & Controller of Bank Leumi USA and President of Leumi Investment Services, Inc.
David Dallas, Founder & Chairman of the Board
David Dallas is a Founder and currently serves as the Chairman of the Board for Unity Bancorp, Inc. and Unity Bank.
James Donovan, First Senior VP & Chief Lending Officer
James Donovan holds the position of First Senior Vice President and Chief Lending Officer at Unity Bancorp. Prior to joining Unity, he served as Group Vice President, Pennsylvania Market Manager Business Banking for M&T Bank since 2005. He also served as Senior Vice President, Head of Commercial & Industrial Banking for Bryn Mawr Trust since April 2019.
AI Analysis | Feedback
Key Risks to Unity Bancorp (UNTY)
The key risks to Unity Bancorp's business primarily stem from its loan portfolio concentration, exposure to interest rate fluctuations, and the evolving regulatory landscape. * Concentration in Real Estate Lending and Credit Risk: Unity Bancorp has a significant portion of its loan portfolio concentrated in real estate. Approximately 96% of its loans are secured by real estate, with commercial real estate, including construction loans, representing 56.6% of the total loan portfolio as of December 31, 2025. This heavy concentration makes the company particularly sensitive to downturns in the real estate market. Recent reports indicate a rise in non-performing loans, which more than doubled from $13.8 million in Q4 2024 to $29.8 million in Q4 2025. Additionally, a notable commercial mortgage relationship transitioned to nonaccrual status, leading to a pre-tax impact on the company's income statement and highlighting vulnerability to individual credit exposures. * Interest Rate Risk: As a financial institution, Unity Bancorp's profitability is significantly influenced by changes in interest rates. Fluctuations in interest rates can affect the value of its assets, the cost of its liabilities, and the net interest margin, which is a primary driver of its revenue. * Regulatory Capital Requirements and Evolving Regulations: Unity Bancorp operates under extensive regulatory oversight and is subject to capital rules, including those under Basel III. Changes in banking laws and regulations, such as those related to artificial intelligence technology, cybersecurity, and increased competition from fintech companies and potential public banking initiatives, could materially impact the company's operations, compliance costs, and business strategies.AI Analysis | Feedback
The following are clear emerging threats for Unity Bancorp:- The rise of digital-only banks and financial technology (Fintech) companies that offer streamlined, app-based banking experiences, competitive rates, and lower fees, directly competing with traditional banks for deposits and loans without the overhead of physical branches.
- The increasing entry of "Big Tech" companies (e.g., Apple, Google, Amazon) into financial services, leveraging their massive user bases, data, and technological expertise to offer payment solutions, lending products, and other financial services, potentially disintermediating traditional banks from customer relationships.
AI Analysis | Feedback
Unity Bancorp, Inc. (UNTY) operates within the commercial and retail banking sectors in specific counties of New Jersey and Northampton County, Pennsylvania. The addressable markets for its main products and services can be broadly estimated using state-level banking industry statistics for deposits and loans, which serve as proxies for the markets for checking, savings, and loan products.
For its deposit products, which include personal and business checking accounts, time deposits, money market accounts, and regular savings accounts, the addressable market can be estimated by the total deposits held by all banks in the regions where Unity Bancorp operates. As of September 30, 2025, the total assets for all banks in New Jersey amounted to approximately $203.08 billion. The total deposits for all banks in New Jersey were approximately $436.8 billion as of June 30, 2025.
For its lending products, such as small business administration loans, commercial loans, and residential mortgage and consumer loans, the overall banking market in its operating states provides an indication of the addressable market. As of September 30, 2025, the total assets for all banks in Pennsylvania were approximately $336.41 billion. The total deposits for all banks in Pennsylvania were approximately $270.92 billion as of December 31, 2024.
More specifically for Small Business Administration (SBA) loans, community banks in New Jersey provided a total of $9.5 billion in SBA loans to small businesses between 2010 and 2025. Similarly, in Pennsylvania, community banks provided a total of $9.2 billion in SBA loans to small businesses from 2010 to 2025. These figures represent the market size for SBA lending across the entirety of each state, not solely within Unity Bancorp's specific service areas.
It is important to note that Unity Bancorp's physical presence is concentrated in Bergen, Hunterdon, Middlesex, Somerset, Union, and Warren counties in New Jersey, and Northampton County in Pennsylvania. Therefore, its actual addressable market is a subset of these state-level figures.
AI Analysis | Feedback
Unity Bancorp (NASDAQ: UNTY) is expected to drive future revenue growth over the next two to three years through several key initiatives directly related to its core banking operations and strategic market presence.
Here are 3-5 expected drivers of future revenue growth:
- Sustained Growth in Loans and Deposits: Unity Bancorp has demonstrated a clear strategy of achieving "meaningful expansion across loans and deposits". In 2025, the company reported a 12.6% increase in gross loans and a 10.7% growth in total deposits, with a stated ongoing strategy to grow these in tandem at a mid-to-high single-digit rate.
- Expansion of Commercial Loan Portfolios: A significant contributor to Unity Bancorp's loan growth has been the expansion of its commercial portfolios. This focus aligns with the company's business model of serving small and medium-sized businesses and professional communities.
- Organic Growth through Customer Acquisition and Relationship Deepening: The company emphasizes its "organic growth strategy" by attracting new clients and enhancing relationships with existing customers. This focus on customer experience and expanding the client base is a key element for maintaining growth momentum.
- Strategic Branch Network Expansion: Unity Bancorp has actively expanded its physical footprint, evidenced by the opening of its 22nd branch in Madison, New Jersey, in the third quarter of 2025. This expansion reinforces its commitment to serving local communities and deepening relationships, thereby increasing its market reach and customer base.
- Favorable Net Interest Margin (NIM) Trends: Unity Bancorp has benefited from an expanding net interest margin, which directly contributes to its profitability and revenue. The company’s net interest margin increased by 5 basis points to 4.54% in Q3 2025, demonstrating its ability to drive profitability in a dynamic rate environment.
AI Analysis | Feedback
Share Repurchases
- Unity Bancorp authorized a new Share Repurchase Program on August 1, 2024, permitting the repurchase of up to 500,000 shares, which represents approximately 5.0% of its outstanding common stock. This program was set to begin after the completion of the 2023 plan.
- Under a previous program initiated on April 27, 2023, the company had repurchased 315,355 shares as of August 1, 2024, with 184,645 shares remaining for future repurchase.
- For the year ended December 31, 2025, Unity Bancorp repurchased 116,296 shares at a weighted average price of $43.21 per share, and retired approximately 1.6 million shares of treasury stock valued at $35.5 million during the fourth quarter of 2025.
Share Issuance
- The number of outstanding shares for Unity Bancorp has remained relatively stable over the last few years, with 10.06 million in 2023, 10 million in 2024, and 10 million in 2025, suggesting that share repurchases have largely offset any issuances.
Outbound Investments
- Unity Bancorp holds an investment in Patriot National Bancorp Inc., on which it recognized a $1.5 million unrealized gain during the quarter ended December 31, 2025.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| With Unity Bancorp Stock Down 8.0% In A Month, How Confident Are You? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to UNTY.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 04302026 | EEFT | Euronet Worldwide | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 04242026 | HOMB | Home BancShares | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 1.5% | 1.5% | 0.0% |
| 03312026 | HBAN | Huntington Bancshares | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 7.1% | 7.1% | 0.0% |
| 03312026 | NP | Neptune Insurance | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 3.9% | 3.9% | 0.0% |
| 03272026 | JKHY | Jack Henry & Associates | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.3% | 0.3% | -4.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 29.71 |
| Mkt Cap | 0.6 |
| Rev LTM | 179 |
| Op Inc LTM | - |
| FCF LTM | 39 |
| FCF 3Y Avg | 37 |
| CFO LTM | 40 |
| CFO 3Y Avg | 39 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 19.2% |
| Rev Chg 3Y Avg | 9.9% |
| Rev Chg Q | 15.1% |
| QoQ Delta Rev Chg LTM | 3.7% |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 29.4% |
| CFO/Rev 3Y Avg | 32.9% |
| FCF/Rev LTM | 28.1% |
| FCF/Rev 3Y Avg | 30.5% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.6 |
| P/S | 3.6 |
| P/Op Inc | - |
| P/EBIT | - |
| P/E | 10.8 |
| P/CFO | 11.7 |
| Total Yield | 11.0% |
| Dividend Yield | 1.0% |
| FCF Yield 3Y Avg | 10.4% |
| D/E | 0.3 |
| Net D/E | -0.8 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 5.6% |
| 3M Rtn | 5.6% |
| 6M Rtn | 11.5% |
| 12M Rtn | 22.5% |
| 3Y Rtn | 106.8% |
| 1M Excs Rtn | -0.6% |
| 3M Excs Rtn | -4.6% |
| 6M Excs Rtn | -1.9% |
| 12M Excs Rtn | -6.2% |
| 3Y Excs Rtn | 18.5% |
Price Behavior
| Market Price | $55.86 | |
| Market Cap ($ Bil) | 0.6 | |
| First Trading Date | 01/14/1997 | |
| Distance from 52W High | -1.9% | |
| 50 Days | 200 Days | |
| DMA Price | $53.26 | $51.55 |
| DMA Trend | indeterminate | indeterminate |
| Distance from DMA | 4.9% | 8.4% |
| 3M | 1YR | |
| Volatility | 23.6% | 29.7% |
| Downside Capture | 87.18 | 95.13 |
| Upside Capture | 73.95 | 93.58 |
| Correlation (SPY) | 36.4% | 40.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.90 | 0.58 | 0.59 | 0.66 | 1.06 | 0.84 |
| Up Beta | 0.52 | 0.52 | 0.38 | 0.58 | 1.17 | 0.76 |
| Down Beta | 1.98 | 0.08 | 0.40 | 0.69 | 1.22 | 0.86 |
| Up Capture | 61% | 60% | 70% | 81% | 92% | 85% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 13 | 21 | 32 | 60 | 122 | 378 |
| Down Capture | 437% | 85% | 73% | 59% | 97% | 93% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 9 | 22 | 32 | 65 | 129 | 369 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with UNTY | |
|---|---|---|---|---|
| UNTY | 30.1% | 29.7% | 0.89 | - |
| Sector ETF (XLF) | 3.5% | 14.4% | 0.02 | 52.0% |
| Equity (SPY) | 30.3% | 11.8% | 1.94 | 40.1% |
| Gold (GLD) | 37.5% | 26.7% | 1.17 | -2.9% |
| Commodities (DBC) | 39.6% | 18.8% | 1.63 | -18.3% |
| Real Estate (VNQ) | 12.5% | 13.1% | 0.64 | 38.1% |
| Bitcoin (BTCUSD) | -31.8% | 41.6% | -0.81 | 19.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with UNTY | |
|---|---|---|---|---|
| UNTY | 20.0% | 29.6% | 0.64 | - |
| Sector ETF (XLF) | 8.4% | 18.6% | 0.34 | 48.5% |
| Equity (SPY) | 14.3% | 17.0% | 0.66 | 35.1% |
| Gold (GLD) | 18.8% | 18.0% | 0.85 | -3.8% |
| Commodities (DBC) | 10.2% | 19.4% | 0.41 | 1.8% |
| Real Estate (VNQ) | 3.4% | 18.8% | 0.08 | 32.5% |
| Bitcoin (BTCUSD) | 14.6% | 54.6% | 0.46 | 13.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with UNTY | |
|---|---|---|---|---|
| UNTY | 20.0% | 42.4% | 0.57 | - |
| Sector ETF (XLF) | 12.8% | 22.1% | 0.53 | 48.9% |
| Equity (SPY) | 15.9% | 17.9% | 0.76 | 39.4% |
| Gold (GLD) | 13.3% | 16.0% | 0.69 | -3.1% |
| Commodities (DBC) | 7.3% | 17.9% | 0.33 | 12.0% |
| Real Estate (VNQ) | 5.7% | 20.7% | 0.24 | 41.8% |
| Bitcoin (BTCUSD) | 67.0% | 66.9% | 1.06 | 12.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 5/29/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/14/2026 | -2.2% | -3.2% | -7.2% |
| 1/13/2026 | 4.2% | -0.0% | 3.7% |
| 10/14/2025 | 4.6% | 4.6% | 1.0% |
| 7/15/2025 | -1.5% | 1.1% | -6.3% |
| 4/11/2025 | -0.4% | 4.5% | 13.8% |
| 1/15/2025 | 4.8% | 10.2% | 10.8% |
| 10/11/2024 | 6.6% | 22.8% | 37.6% |
| 7/12/2024 | 3.5% | 16.9% | 6.8% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 15 | 12 | 15 |
| # Negative | 6 | 9 | 6 |
| Median Positive | 3.5% | 4.7% | 6.9% |
| Median Negative | -1.4% | -2.6% | -2.3% |
| Max Positive | 6.6% | 22.8% | 37.6% |
| Max Negative | -2.2% | -3.2% | -7.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 03/04/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/06/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 03/07/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/06/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 03/07/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 03/10/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| 06/30/2022 | 08/10/2022 | 10-Q |
Insider Activity
Updated 5/29/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Brody, Mark S | Direct | Sell | 5292026 | 55.23 | 1,600 | 88,376 | 6,288,726 | Form | |
| 2 | Gross, Mary E | Direct | Sell | 4202026 | 56.01 | 2,075 | 116,221 | 1,035,011 | Form | |
| 3 | Dallas, Robert H II | Direct | Sell | 3162026 | 49.60 | 7,725 | 383,160 | 1,590,821 | Form | |
| 4 | Dallas, Robert H II | Direct | Sell | 3162026 | 49.70 | 7,088 | 352,274 | 1,977,961 | Form | |
| 5 | Hughes, James A | CEO | Direct | Sell | 2192026 | 54.50 | 1,500 | 81,750 | 9,429,208 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.