FCB Financial Holdings (NYSE:FCB) Receives Daily News Sentiment Rating of 0.17
News headlines about FCB Financial Holdings (NYSE:FCB) have trended somewhat positive on Saturday, Accern Sentiment reports. Accern ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. FCB Financial Holdings earned a news impact score of 0.17 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 43.3904063567954 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media headlines that may have effected Accern’s scoring:
- FCB Financial Holdings (FCB) Appoints Jack Partgas as New CFO (streetinsider.com)
- Jack Partagas to Become FCB Financial Holdings, Inc. New CFO (finance.yahoo.com)
- FCB Financial Holdings, Inc. (NYSE:FCB) Given Average Recommendation of “Hold” by Analysts (americanbankingnews.com)
- Brokerages Anticipate FCB Financial Holdings, Inc. (NYSE:FCB) Will Announce Quarterly Sales of $87.37 Million (americanbankingnews.com)
- Saints drawn at home in second round of Carabao Cup (wobko.net)
A number of analysts have recently weighed in on FCB shares. Deutsche Bank AG restated a “buy” rating and issued a $57.00 target price (up from $56.00) on shares of FCB Financial Holdings in a report on Sunday, April 23rd. Zacks Investment Research downgraded shares of FCB Financial Holdings from a “buy” rating to a “hold” rating in a report on Monday, April 24th. BidaskClub downgraded shares of FCB Financial Holdings from a “buy” rating to a “hold” rating in a report on Saturday, June 24th. ValuEngine upgraded shares of FCB Financial Holdings from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. Finally, Royal Bank Of Canada started coverage on shares of FCB Financial Holdings in a report on Monday, July 17th. They issued an “outperform” rating and a $56.00 target price on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $51.67.
FCB Financial Holdings (FCB) traded down 1.36% during mid-day trading on Friday, hitting $43.65. 247,363 shares of the stock were exchanged. The stock’s 50 day moving average is $47.17 and its 200 day moving average is $47.51. FCB Financial Holdings has a 52-week low of $35.55 and a 52-week high of $50.33. The stock has a market cap of $1.89 billion, a PE ratio of 15.21 and a beta of 1.29.
FCB Financial Holdings (NYSE:FCB) last posted its quarterly earnings results on Tuesday, July 25th. The bank reported $0.71 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.08. The firm had revenue of $83 million for the quarter, compared to the consensus estimate of $83.47 million. FCB Financial Holdings had a net margin of 33.95% and a return on equity of 11.11%. The company’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same period last year, the firm posted $0.56 earnings per share. Analysts forecast that FCB Financial Holdings will post $2.80 EPS for the current fiscal year.
In related news, insider Les J. Lieberman sold 813 shares of the firm’s stock in a transaction dated Tuesday, May 23rd. The shares were sold at an average price of $47.04, for a total transaction of $38,243.52. Following the completion of the sale, the insider now directly owns 299,020 shares in the company, valued at $14,065,900.80. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Kent S. Ellert sold 21,703 shares of the firm’s stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $46.16, for a total transaction of $1,001,810.48. Following the sale, the chief executive officer now owns 148,884 shares of the company’s stock, valued at $6,872,485.44. The disclosure for this sale can be found here. Over the last three months, insiders sold 596,649 shares of company stock worth $28,118,048. Insiders own 15.40% of the company’s stock.
FCB Financial Holdings Company Profile
FCB Financial Holdings, Inc is a bank holding company with a national bank subsidiary, Florida Community Bank, National Association (the Bank). The Company operates in the Community Banking segment. Through the Bank, the Company provides a range of retail and commercial banking services. As of December 31, 2016, the Company provided a range of financial products and services to individuals, small and medium-sized businesses, some large businesses, and other local organizations and entities through 46 branches in south and central Florida.
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