Somewhat Favorable Press Coverage Somewhat Unlikely to Affect BancorpSouth (BXS) Stock Price
News articles about BancorpSouth (NYSE:BXS) have trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BancorpSouth earned a news impact score of 0.20 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 46.1156759221887 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several research analysts recently commented on BXS shares. Piper Jaffray Companies reiterated a “hold” rating and issued a $31.00 price target on shares of BancorpSouth in a research note on Friday, July 21st. Zacks Investment Research upgraded BancorpSouth from a “hold” rating to a “buy” rating and set a $34.00 price target on the stock in a research note on Tuesday. BidaskClub cut BancorpSouth from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. Royal Bank Of Canada reiterated a “hold” rating and issued a $31.00 price target on shares of BancorpSouth in a research note on Friday, September 8th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $32.00 price target on shares of BancorpSouth in a research note on Monday, June 5th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company’s stock. BancorpSouth presently has an average rating of “Hold” and a consensus target price of $32.67.
Shares of BancorpSouth (BXS) opened at 30.70 on Friday. The company has a 50-day moving average price of $29.26 and a 200 day moving average price of $29.97. BancorpSouth has a one year low of $22.23 and a one year high of $32.40. The company has a market capitalization of $2.79 billion, a price-to-earnings ratio of 18.90 and a beta of 1.40.
BancorpSouth (NYSE:BXS) last released its earnings results on Wednesday, July 19th. The bank reported $0.42 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $0.02. BancorpSouth had a net margin of 19.46% and a return on equity of 8.77%. The business had revenue of $185.61 million during the quarter, compared to analysts’ expectations of $187.78 million. During the same quarter last year, the company earned $0.39 earnings per share. On average, analysts forecast that BancorpSouth will post $1.66 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 15th will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 1.82%. The ex-dividend date is Thursday, September 14th. This is a boost from BancorpSouth’s previous quarterly dividend of $0.13. BancorpSouth’s dividend payout ratio (DPR) is presently 34.57%.
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BancorpSouth, Inc is a financial holding company. The Company, through its principal bank subsidiary, BancorpSouth Bank (the Bank), conducts commercial banking and financial services operations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee, Texas and Illinois. The Company’s segments include Community Banking, Insurance Agencies, and General Corporate and Other.
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