Favorable Press Coverage Somewhat Unlikely to Impact Xenith Bankshares (XBKS) Stock Price
Media stories about Xenith Bankshares (NASDAQ:XBKS) have trended positive on Friday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Xenith Bankshares earned a news sentiment score of 0.31 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 44.3926121385342 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of research analysts have commented on XBKS shares. BidaskClub upgraded Xenith Bankshares from a “hold” rating to a “buy” rating in a research note on Wednesday, December 6th. ValuEngine upgraded Xenith Bankshares from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 30th.
Shares of Xenith Bankshares (NASDAQ XBKS) opened at $33.83 on Friday. The stock has a market capitalization of $785.39, a PE ratio of 37.18 and a beta of 1.01. Xenith Bankshares has a 52 week low of $22.61 and a 52 week high of $36.44. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.99 and a current ratio of 1.00.
Xenith Bankshares (NASDAQ:XBKS) last released its quarterly earnings results on Wednesday, October 25th. The bank reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.05. Xenith Bankshares had a return on equity of 5.55% and a net margin of 18.26%. The company had revenue of $29.40 million during the quarter.
In related news, EVP Wellington W. Cottrell III sold 4,217 shares of the business’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $32.96, for a total transaction of $138,992.32. Following the completion of the transaction, the executive vice president now owns 35,546 shares of the company’s stock, valued at approximately $1,171,596.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 31.70% of the stock is currently owned by insiders.
About Xenith Bankshares
Xenith Bankshares, Inc, formerly Hampton Roads Bankshares, Inc, is a bank holding company for Xenith Bank. Xenith Bank is a commercial bank specifically targeting the banking needs of middle market and small businesses, local real estate developers and investors, and retail banking clients. Xenith Bank’s regional area of operations spans from Baltimore, Maryland, to Raleigh and eastern North Carolina, complementing its presence in greater Washington, DC, greater Richmond, Virginia, and greater Hampton Roads, Virginia.
Receive News & Ratings for Xenith Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xenith Bankshares and related companies with Analyst Ratings Network's FREE daily email newsletter.