MidSouth Bancorp (MSL) Earning Somewhat Positive News Coverage, Report Finds
Press coverage about MidSouth Bancorp (NYSE:MSL) has trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MidSouth Bancorp earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 44.9325277994468 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of MidSouth Bancorp (MSL) opened at 11.70 on Tuesday. The stock’s market cap is $193.55 million. MidSouth Bancorp has a 52 week low of $9.80 and a 52 week high of $16.60. The firm has a 50-day moving average price of $11.60 and a 200 day moving average price of $13.01.
MidSouth Bancorp (NYSE:MSL) last released its quarterly earnings results on Tuesday, July 25th. The bank reported ($0.38) earnings per share for the quarter, beating the consensus estimate of ($0.44) by $0.06. The business had revenue of $23.47 million during the quarter, compared to analysts’ expectations of $23.50 million. MidSouth Bancorp had a return on equity of 1.73% and a net margin of 1.69%. On average, analysts forecast that MidSouth Bancorp will post ($0.10) EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 15th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.34%. The ex-dividend date is Thursday, September 14th. MidSouth Bancorp’s dividend payout ratio is presently -40.00%.
Several research analysts have recently commented on MSL shares. Sandler O’Neill reissued a “buy” rating and set a $14.00 price objective on shares of MidSouth Bancorp in a report on Tuesday, September 5th. Zacks Investment Research raised MidSouth Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. TheStreet lowered MidSouth Bancorp from a “b-” rating to a “c” rating in a report on Monday, June 12th. UBS AG lowered MidSouth Bancorp to an “underperform” rating in a report on Friday, June 9th. Finally, Stephens set a $16.00 price objective on MidSouth Bancorp and gave the stock a “buy” rating in a report on Tuesday, July 25th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. MidSouth Bancorp currently has an average rating of “Hold” and an average target price of $16.40.
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About MidSouth Bancorp
MidSouth Bancorp, Inc is a financial holding company. The Company operates primarily through its wholly owned bank subsidiary, MidSouth Bank, N.A. The Company is operating principally in the community banking business by providing banking services to commercial and retail customers through the Bank. The Bank is community oriented and focuses primarily on offering commercial and consumer loan and deposit services to individuals and small to middle market businesses in Louisiana, and central and east Texas.
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