BancFirst Corp. (BANF) Sets New 1-Year High at $69.12
BancFirst Corp. (NASDAQ:BANF) shares hit a new 52-week high during trading on Friday . The stock traded as high as $69.12 and last traded at $69.11, with a volume of 13,328 shares traded. The stock had previously closed at $68.32.
Several research analysts have recently commented on BANF shares. Zacks Investment Research lowered BancFirst Corp. from a “buy” rating to a “hold” rating in a report on Monday, June 27th. Keefe, Bruyette & Woods boosted their price objective on BancFirst Corp. from $59.00 to $64.00 and gave the stock a “market perform” rating in a report on Monday, July 25th.
The firm has a market capitalization of $1.08 billion and a P/E ratio of 16.77. The company has a 50-day moving average of $66.21 and a 200 day moving average of $61.18.
BancFirst Corp. (NASDAQ:BANF) last posted its earnings results on Thursday, July 21st. The company reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.06. On average, equities research analysts forecast that BancFirst Corp. will post $4.41 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, October 14th. Shareholders of record on Friday, September 30th will be issued a $0.38 dividend. This is a boost from BancFirst Corp.’s previous quarterly dividend of $0.36. This represents a $1.52 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date is Wednesday, September 28th.
In other BancFirst Corp. news, insider David R. Harlow sold 9,200 shares of the stock in a transaction dated Tuesday, August 23rd. The stock was sold at an average price of $67.11, for a total value of $617,412.00. Following the transaction, the insider now owns 9,200 shares of the company’s stock, valued at $617,412. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Jennifer C. Weast sold 625 shares of the stock in a transaction dated Monday, August 1st. The shares were sold at an average price of $66.40, for a total value of $41,500.00. Following the completion of the transaction, the insider now directly owns 625 shares in the company, valued at approximately $41,500. The disclosure for this sale can be found here.
BancFirst Corporation is a financial holding company. The Company conducts its operating activities through its principal subsidiary, BancFirst (the Bank), a state-chartered bank. It has four business units, which include metropolitan banks, community banks, other financial services, and executive, operations and support.
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