MidSouth Bancorp (MSL) Getting Somewhat Positive Press Coverage, Study Shows
News articles about MidSouth Bancorp (NYSE:MSL) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of 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 0.14 on Accern’s scale. Accern also assigned news coverage about the bank an impact score of 45.2358756186731 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of MidSouth Bancorp (NYSE MSL) remained flat at $11.70 during midday trading on Monday. 43,117 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $11.61 and its 200 day moving average price is $12.99. MidSouth Bancorp has a 12 month low of $9.80 and a 12 month high of $16.60. The firm’s market capitalization is $193.55 million.
MidSouth Bancorp (NYSE:MSL) last announced its 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 the consensus estimate of $23.50 million. MidSouth Bancorp had a net margin of 1.69% and a return on equity of 1.73%. Equities research analysts predict that MidSouth Bancorp will post ($0.10) earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Friday, September 15th will be paid a $0.01 dividend. The ex-dividend date is Thursday, September 14th. This represents a $0.04 annualized dividend and a dividend yield of 0.34%. MidSouth Bancorp’s dividend payout ratio (DPR) is presently -40.00%.
Several equities analysts have commented on the stock. UBS AG cut shares of MidSouth Bancorp to an “underperform” rating in a research report on Friday, June 9th. Zacks Investment Research raised shares of MidSouth Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, August 9th. Stephens set a $16.00 price target on shares of MidSouth Bancorp and gave the company a “buy” rating in a research report on Tuesday, July 25th. Hovde Group decreased their price target on shares of MidSouth Bancorp from $18.00 to $16.00 and set an “outperform” rating for the company in a research report on Thursday, June 8th. Finally, Sandler O’Neill reissued a “buy” rating and issued a $14.00 price target on shares of MidSouth Bancorp in a research report on Tuesday, September 5th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. MidSouth Bancorp currently has a consensus 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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