First Hawaiian (FHB) Earning Somewhat Positive Media Coverage, Report Finds
News stories about First Hawaiian (NYSE:FHB) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. First Hawaiian earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave press coverage about the bank an impact score of 46.7296754761613 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
- First Hawaiian Inc (FHB) Upgraded by Zacks Investment Research to Hold (americanbankingnews.com)
- $182.48 Million in Sales Expected for First Hawaiian Inc (FHB) This Quarter (americanbankingnews.com)
- First Hawaiian, Inc. breached its 50 day moving average in a Bullish Manner : FHB-US : November 1, 2017 (finance.yahoo.com)
- ETFs with exposure to First Hawaiian, Inc. : November 1, 2017 (finance.yahoo.com)
- First Hawaiian Inc (FHB) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
Several brokerages recently issued reports on FHB. Zacks Investment Research upgraded First Hawaiian from a “sell” rating to a “hold” rating in a report on Friday. BidaskClub upgraded First Hawaiian from a “hold” rating to a “buy” rating in a report on Saturday, September 30th. UBS Group AG (USA) increased their price objective on First Hawaiian from $29.00 to $30.00 and gave the stock a “neutral” rating in a report on Friday, October 27th. Finally, Barclays PLC set a $32.00 price objective on First Hawaiian and gave the stock a “buy” rating in a report on Wednesday, October 11th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $32.50.
First Hawaiian (FHB) opened at $29.37 on Friday.
First Hawaiian (NYSE:FHB) last announced its quarterly earnings data on Thursday, October 26th. The bank reported $0.42 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.42. First Hawaiian had a return on equity of 9.12% and a net margin of 32.09%. The business had revenue of $133.32 million during the quarter, compared to analyst estimates of $136.44 million. During the same period last year, the company earned $0.41 earnings per share. First Hawaiian’s quarterly revenue was up 8.7% compared to the same quarter last year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Monday, November 27th will be issued a dividend of $0.22 per share. The ex-dividend date is Friday, November 24th. This represents a $0.88 annualized dividend and a dividend yield of 3.00%.
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About First Hawaiian
First Hawaiian, Inc, formerly BancWest Corporation, is a bank holding company. The Company owns First Hawaiian Bank. It operates through three segments: Retail Banking, which includes the financial products and services it provides to consumers, small businesses and certain commercial customers; Commercial Banking, which includes its corporate banking, residential and commercial real estate loans, commercial lease financing, auto dealer financing, deposit products and credit cards, and Treasury and Other, which includes its treasury business, which consists of corporate asset and liability management activities, including interest rate risk management.
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