BancorpSouth (NYSE:BXS) Earns Media Sentiment Rating of 0.21
Headlines about BancorpSouth (NYSE:BXS) have been trending somewhat positive on Saturday, according to Accern. Accern ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BancorpSouth earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave media stories about the bank an impact score of 46.0908147090399 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media stories that may have impacted Accern’s analysis:
- BancorpSouth, Inc. – Value Analysis (NYSE:BXS) : August 11, 2017 (finance.yahoo.com)
- BancorpSouth Breaks Below 200-Day Moving Average – Notable for BXS (nasdaq.com)
- BancorpSouth, Inc. breached its 50 day moving average in a Bearish Manner : BXS-US : August 8, 2017 (finance.yahoo.com)
- BancorpSouth, Inc. (BXS) Given Consensus Rating of “Hold” by Analysts (americanbankingnews.com)
A number of research firms have weighed in on BXS. BidaskClub lowered shares of BancorpSouth from a “hold” rating to a “sell” rating in a research report on Saturday, June 24th. ValuEngine upgraded shares of BancorpSouth from a “hold” rating to a “buy” rating in a research report on Tuesday, June 20th. Stephens reiterated a “buy” rating on shares of BancorpSouth in a research report on Wednesday, April 19th. Jefferies Group LLC reiterated a “hold” rating and issued a $33.00 price target on shares of BancorpSouth in a research report on Friday, May 5th. Finally, Brean Capital reiterated a “hold” rating on shares of BancorpSouth in a research report on Thursday, July 20th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $31.67.
BancorpSouth (BXS) traded down 1.21% during trading on Friday, hitting $28.55. 354,680 shares of the stock traded hands. The stock has a 50 day moving average price of $30.24 and a 200-day moving average price of $30.27. BancorpSouth has a 52-week low of $22.23 and a 52-week high of $32.40. The stock has a market cap of $2.60 billion, a P/E ratio of 17.58 and a beta of 1.39.
BancorpSouth (NYSE:BXS) last released its quarterly earnings results on Wednesday, July 19th. The bank reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. BancorpSouth had a net margin of 19.46% and a return on equity of 8.77%. The firm had revenue of $185.61 million for the quarter, compared to analysts’ expectations of $187.78 million. During the same quarter last year, the company earned $0.39 EPS. On average, analysts anticipate that BancorpSouth will post $1.66 EPS for the current fiscal year.
The business also recently declared 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. The ex-dividend date is Thursday, September 14th. This represents a $0.56 dividend on an annualized basis and a yield of 1.96%. This is a boost from BancorpSouth’s previous quarterly dividend of $0.13. BancorpSouth’s dividend payout ratio (DPR) is currently 30.86%.
In other BancorpSouth news, Director James Elbert Campbell III bought 7,000 shares of the stock in a transaction on Thursday, May 18th. The shares were bought at an average price of $28.93 per share, with a total value of $202,510.00. Following the purchase, the director now directly owns 133,392 shares in the company, valued at approximately $3,859,030.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.63% of the stock is currently owned by company insiders.
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BancorpSouth Company Profile
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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