Favorable Press Coverage Somewhat Unlikely to Impact Riverview Bancorp (RVSB) Stock Price
Media stories about Riverview Bancorp (NASDAQ:RVSB) have been trending positive on Sunday, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Riverview Bancorp earned a daily sentiment score of 0.34 on Accern’s scale. Accern also assigned news coverage about the savings and loans company an impact score of 46.5536241162984 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Several equities analysts have weighed in on RVSB shares. Zacks Investment Research raised Riverview Bancorp from a “hold” rating to a “buy” rating and set a $9.00 price target for the company in a research report on Thursday, August 3rd. ValuEngine downgraded Riverview Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, July 28th.
Riverview Bancorp (NASDAQ:RVSB) opened at 8.40 on Friday. Riverview Bancorp has a 52-week low of $5.06 and a 52-week high of $8.60. The firm’s 50-day moving average price is $7.93 and its 200 day moving average price is $7.30. The stock has a market cap of $189.03 million, a P/E ratio of 22.70 and a beta of 0.31.
Riverview Bancorp (NASDAQ:RVSB) last announced its quarterly earnings data on Tuesday, July 25th. The savings and loans company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.01. Riverview Bancorp had a return on equity of 7.51% and a net margin of 17.19%. The company had revenue of $13.17 million during the quarter, compared to the consensus estimate of $13.20 million. Equities analysts predict that Riverview Bancorp will post $0.52 earnings per share for the current year.
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About Riverview Bancorp
Riverview Bancorp, Inc (Riverview) is a savings and loan holding company of Riverview Community Bank (the Bank). The Company operates through two segments, which include banking operations performed by the Bank and trust and investment services performed by Riverview Asset Management Corp. (RAMCorp).
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