Media stories about MidSouth Bancorp (NYSE:MSL) have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MidSouth Bancorp earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 48.6426949370571 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
MSL has been the topic of a number of research analyst reports. Zacks Investment Research raised MidSouth Bancorp from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research report on Wednesday, January 31st. Hovde Group lowered MidSouth Bancorp from an “outperform” rating to a “market perform” rating and set a $15.00 price target on the stock. in a research report on Wednesday, January 31st. ValuEngine lowered MidSouth Bancorp from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Finally, FIG Partners raised MidSouth Bancorp from a “market perform” rating to an “outperform” rating in a research report on Monday, April 2nd. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $14.60.
Shares of NYSE MSL remained flat at $$14.75 during mid-day trading on Tuesday. The stock had a trading volume of 8,226 shares, compared to its average volume of 42,894. The firm has a market capitalization of $240.79 million, a price-to-earnings ratio of -54.63 and a beta of 1.21. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.82 and a current ratio of 0.83. MidSouth Bancorp has a 52 week low of $11.05 and a 52 week high of $15.40.
MidSouth Bancorp (NYSE:MSL) last announced its earnings results on Thursday, April 26th. The bank reported $0.21 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.08) by $0.29. MidSouth Bancorp had a positive return on equity of 0.39% and a negative net margin of 13.67%. The business had revenue of $22.20 million for the quarter, compared to analyst estimates of $23.49 million. analysts anticipate that MidSouth Bancorp will post 0.23 EPS for the current fiscal year.
In related news, Director Clayton Paul Hilliard sold 5,000 shares of MidSouth Bancorp stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $12.91, for a total value of $64,550.00. Following the sale, the director now owns 97,485 shares of the company’s stock, valued at approximately $1,258,531.35. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last three months, insiders sold 18,000 shares of company stock worth $231,785. 12.83% of the stock is owned by insiders.
About MidSouth Bancorp
MidSouth Bancorp, Inc, a bank holding company, through its subsidiary MidSouth Bank, N.A., provides various community banking products and services to commercial and retail customers in the United States. The company offers various deposit products, including interest-bearing and noninterest-bearing checking accounts, money market, savings accounts, investment accounts, and NOW account deposits, as well as time deposits, such as certificates of deposits; and commercial and industrial, commercial real estate, and consumer loans, as well as other loans secured by real estate.
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