Northfield Bancorp (NFBK) Earns Media Impact Rating of 0.15
News stories about Northfield Bancorp (NASDAQ:NFBK) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Northfield Bancorp earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave press coverage about the bank an impact score of 45.531442033838 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.
Shares of Northfield Bancorp (NASDAQ NFBK) opened at 15.86 on Wednesday. The stock has a market capitalization of $717.70 million, a price-to-earnings ratio of 21.73 and a beta of 0.34. The company’s 50 day moving average price is $16.31 and its 200 day moving average price is $17.32. Northfield Bancorp has a one year low of $14.88 and a one year high of $20.59.
Northfield Bancorp (NASDAQ:NFBK) last announced its earnings results on Wednesday, July 26th. The bank reported $0.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.15 by $0.03. The firm had revenue of $29.35 million during the quarter, compared to analyst estimates of $26.20 million. Northfield Bancorp had a net margin of 24.13% and a return on equity of 4.93%. During the same period in the prior year, the business earned $0.15 EPS. On average, analysts expect that Northfield Bancorp will post $0.74 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, August 23rd. Investors of record on Wednesday, August 9th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date of this dividend was Monday, August 7th. Northfield Bancorp’s payout ratio is presently 43.84%.
NFBK has been the subject of several recent research reports. Piper Jaffray Companies reiterated a “hold” rating and set a $16.50 price objective on shares of Northfield Bancorp in a report on Thursday, August 3rd. Keefe, Bruyette & Woods set a $18.00 price objective on Northfield Bancorp and gave the stock a “hold” rating in a report on Saturday, May 20th. DA Davidson initiated coverage on Northfield Bancorp in a report on Friday, September 1st. They set a “neutral” rating and a $17.00 price objective for the company. Finally, BidaskClub lowered Northfield Bancorp from a “sell” rating to a “strong sell” rating in a report on Wednesday, July 12th.
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In related news, Director Patrick E. Scura, Jr. sold 8,483 shares of the company’s stock in a transaction on Wednesday, June 14th. The shares were sold at an average price of $17.41, for a total value of $147,689.03. Following the completion of the transaction, the director now directly owns 60,043 shares of the company’s stock, valued at approximately $1,045,348.63. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 9.34% of the stock is currently owned by corporate insiders.
Northfield Bancorp Company Profile
Northfield Bancorp, Inc is a holding company for Northfield Bank (the Bank). Northfield Bank’s principal business consists of originating commercial real estate loans and multifamily real estate loans, purchasing investment securities including mortgage-backed securities and corporate bonds, as well as depositing funds in other financial institutions.
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