Clifton Bancorp (CSBK) Receives Daily Coverage Optimism Rating of 0.20
News headlines about Clifton Bancorp (NASDAQ:CSBK) have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Clifton Bancorp earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave media headlines about the savings and loans company an impact score of 44.850896964352 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.
Here are some of the media headlines that may have effected Accern’s analysis:
- Insider Trading Activity Clifton Bancorp Inc. (NASDAQ:CSBK) – Director Sold 46,675 shares of Stock (4-traders.com)
- Clifton Bancorp, Inc. :CSBK-US: Earnings Analysis: Q1, 2018 By the Numbers : August 28, 2017 (finance.yahoo.com)
- Insider Selling: Clifton Bancorp Inc. (CSBK) Director Sells 46,675 Shares of Stock (americanbankingnews.com)
- Malvern Bancorp (MLVF) and Clifton Bancorp (CSBK) Critical Survey (americanbankingnews.com)
- Clifton Bancorp Inc. (CSBK) Rating Increased to Buy at Compass Point (americanbankingnews.com)
Clifton Bancorp (NASDAQ:CSBK) traded up 0.77% during mid-day trading on Thursday, reaching $15.75. 56,072 shares of the company were exchanged. The stock has a market capitalization of $336.56 million, a price-to-earnings ratio of 67.60 and a beta of 0.40. The stock has a 50 day moving average of $16.27 and a 200-day moving average of $16.28. Clifton Bancorp has a one year low of $14.65 and a one year high of $17.49.
Clifton Bancorp (NASDAQ:CSBK) last released its earnings results on Wednesday, July 26th. The savings and loans company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by $0.01. Clifton Bancorp had a return on equity of 1.69% and a net margin of 11.35%. The firm had revenue of $8.34 million for the quarter. On average, equities analysts expect that Clifton Bancorp will post $0.34 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, August 25th. Shareholders of record on Friday, August 11th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date of this dividend was Wednesday, August 9th. Clifton Bancorp’s payout ratio is 96.00%.
A number of research firms recently weighed in on CSBK. Compass Point raised shares of Clifton Bancorp from a “neutral” rating to a “buy” rating and set a $17.00 target price on the stock in a report on Friday, August 25th. BidaskClub raised shares of Clifton Bancorp from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd.
In other news, Director Charles J. Pivirotto sold 24,778 shares of Clifton Bancorp stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $15.56, for a total transaction of $385,545.68. Following the sale, the director now owns 21,164 shares in the company, valued at $329,311.84. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Charles J. Pivirotto sold 46,675 shares of Clifton Bancorp stock in a transaction that occurred on Friday, August 25th. The shares were sold at an average price of $15.54, for a total transaction of $725,329.50. Following the sale, the director now owns 32,434 shares in the company, valued at approximately $504,024.36. The disclosure for this sale can be found here. 6.30% of the stock is currently owned by company insiders.
Clifton Bancorp Company Profile
Clifton Bancorp Inc, formerly Clifton Savings Bancorp, Inc, is a savings and loan holding company that operates through its subsidiary, Clifton Savings Bank (Clifton Savings). Clifton Savings is a federally chartered savings bank. Clifton Savings operate as a community-oriented financial institution offering traditional financial services to consumers and businesses in the market area.
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