MidSouth Bancorp (MSL) Given Media Sentiment Rating of 0.06
Media headlines about MidSouth Bancorp (NYSE:MSL) have trended somewhat positive on Monday, according to Accern. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MidSouth Bancorp earned a daily sentiment score of 0.06 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 44.9292887328656 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of MidSouth Bancorp (NYSE:MSL) traded up $0.35 during midday trading on Monday, hitting $12.90. The company had a trading volume of 80,300 shares, compared to its average volume of 47,695. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.82 and a quick ratio of 0.82. MidSouth Bancorp has a 52-week low of $10.25 and a 52-week high of $16.60.
MidSouth Bancorp (NYSE:MSL) last issued its quarterly earnings results on Tuesday, October 24th. The bank reported $0.07 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.06 by $0.01. MidSouth Bancorp had a return on equity of 1.50% and a net margin of 0.94%. The firm had revenue of $24.30 million during the quarter, compared to the consensus estimate of $23.32 million. sell-side analysts predict that MidSouth Bancorp will post -0.06 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Friday, December 15th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.31%. The ex-dividend date is Thursday, December 14th. MidSouth Bancorp’s dividend payout ratio is presently -21.05%.
MSL has been the subject of several research analyst reports. Stephens set a $16.00 price objective on MidSouth Bancorp and gave the company a “buy” rating in a report on Tuesday, July 25th. Zacks Investment Research raised MidSouth Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. Sandler O’Neill reissued a “buy” rating and issued a $14.00 price objective on shares of MidSouth Bancorp in a report on Tuesday, September 5th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $12.00 price objective on shares of MidSouth Bancorp in a report on Wednesday, October 4th. Two analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $15.33.
In other MidSouth Bancorp news, Director C R. Cloutier sold 6,700 shares of the stock in a transaction on Monday, November 6th. The stock was sold at an average price of $13.51, for a total value of $90,517.00. Following the completion of the transaction, the director now owns 220,342 shares in the company, valued at $2,976,820.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Over the last ninety days, insiders have sold 19,824 shares of company stock valued at $268,977. Corporate insiders own 19.84% of the company’s stock.
MidSouth Bancorp Company Profile
MidSouth Bancorp, Inc is a financial holding company. The Company operates primarily through its wholly owned bank subsidiary, MidSouth Bank, N.A. The Company is operating principally in the community banking business by providing banking services to commercial and retail customers through the Bank. The Bank is community oriented and focuses primarily on offering commercial and consumer loan and deposit services to individuals and small to middle market businesses in Louisiana, and central and east Texas.
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