Arrow Financial Corporation (AROW) Receiving Somewhat Favorable Press Coverage, Report Shows
Media coverage about Arrow Financial Corporation (NASDAQ:AROW) has been trending somewhat positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Arrow Financial Corporation earned a news sentiment score of 0.06 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 46.0346527216658 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Separately, BidaskClub upgraded Arrow Financial Corporation from a “sell” rating to a “hold” rating in a research note on Monday, July 24th.
Shares of Arrow Financial Corporation (NASDAQ AROW) traded up 0.14% during trading on Tuesday, reaching $34.75. The company’s stock had a trading volume of 23,126 shares. The company’s 50-day moving average price is $33.52 and its 200 day moving average price is $32.12. The stock has a market capitalization of $483.51 million, a price-to-earnings ratio of 17.81 and a beta of 0.65. Arrow Financial Corporation has a 1-year low of $29.67 and a 1-year high of $40.49.
Arrow Financial Corporation (NASDAQ:AROW) last posted its quarterly earnings results on Monday, October 23rd. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.54 by ($0.01). Arrow Financial Corporation had a return on equity of 11.58% and a net margin of 25.28%. The business had revenue of $26.79 million during the quarter. Analysts anticipate that Arrow Financial Corporation will post $2.09 EPS for the current year.
Arrow Financial Corporation Company Profile
Arrow Financial Corporation (Arrow) is a bank holding company. The Company’s banking subsidiaries are Glens Falls National Bank and Trust Company (Glens Falls National) and Saratoga National Bank and Trust Company (Saratoga National). It operates in community banking industry segment. The Company’s business consists primarily of the ownership, supervision and control of its two banks.
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