Nicolet Bankshares (NCBS) Earning Somewhat Positive Press Coverage, Report Finds
News headlines about Nicolet Bankshares (NASDAQ:NCBS) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group ranks the sentiment of news 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 closest to one being the most favorable. Nicolet Bankshares earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned headlines about the bank an impact score of 45.6961910551297 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Separately, Maxim Group raised their target price on shares of Nicolet Bankshares from $59.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday, October 19th.
Nicolet Bankshares (NASDAQ:NCBS) traded down $0.23 during trading hours on Thursday, hitting $58.37. 12,700 shares of the company traded hands, compared to its average volume of 20,065. Nicolet Bankshares has a twelve month low of $42.66 and a twelve month high of $61.98. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $574.38, a PE ratio of 18.84 and a beta of 1.77.
Nicolet Bankshares (NASDAQ:NCBS) last released its earnings results on Tuesday, October 17th. The bank reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.10. Nicolet Bankshares had a net margin of 22.63% and a return on equity of 9.45%. The business had revenue of $35.25 million during the quarter.
In other Nicolet Bankshares news, Chairman Robert Bruce Atwell sold 19,639 shares of Nicolet Bankshares stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $56.43, for a total transaction of $1,108,228.77. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Michael E. Daniels sold 24,239 shares of Nicolet Bankshares stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $56.43, for a total transaction of $1,367,806.77. The disclosure for this sale can be found here. 13.90% of the stock is currently owned by company insiders.
About Nicolet Bankshares
Nicolet Bankshares, Inc is a bank holding company. The Company conducts operations through its subsidiary, Nicolet National Bank (the Bank), which is a commercial bank. The Company also owns investment advisory firms, Brookfield Investment Partners, LLC, which provides investment strategy and transactional services to select community banks, and Nicolet Advisory Services, LLC, which conducts brokerage and financial advisory services primarily to individual consumers.
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