Simmons First National Corporation (NASDAQ:SFNC) Earns Daily News Sentiment Rating of 0.17
Media headlines about Simmons First National Corporation (NASDAQ:SFNC) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Simmons First National Corporation earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 45.3506666456409 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several equities research analysts have recently commented on the company. Keefe, Bruyette & Woods set a $61.00 price objective on Simmons First National Corporation and gave the stock a “hold” rating in a research note on Saturday, April 22nd. Sandler O’Neill upgraded Simmons First National Corporation from a “hold” rating to a “buy” rating and set a $62.00 price objective for the company in a research note on Friday, April 21st. BidaskClub upgraded Simmons First National Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, June 21st. Zacks Investment Research upgraded Simmons First National Corporation from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 21st. Finally, Stephens upgraded Simmons First National Corporation from an “equal weight” rating to a “buy” rating and upped their price objective for the stock from $60.00 to $64.00 in a research note on Friday, July 21st. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $61.75.
Simmons First National Corporation (NASDAQ:SFNC) traded down 0.96% during midday trading on Friday, hitting $51.35. The stock had a trading volume of 137,359 shares. The firm has a 50-day moving average of $53.03 and a 200 day moving average of $54.76. The firm has a market capitalization of $1.65 billion, a P/E ratio of 16.96 and a beta of 1.12. Simmons First National Corporation has a 52-week low of $45.90 and a 52-week high of $67.00.
Simmons First National Corporation (NASDAQ:SFNC) last issued its earnings results on Wednesday, July 19th. The bank reported $0.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.80 by $0.04. Simmons First National Corporation had a net margin of 21.03% and a return on equity of 8.71%. The firm had revenue of $112.56 million during the quarter, compared to analysts’ expectations of $110 million. On average, equities analysts forecast that Simmons First National Corporation will post $3.16 EPS for the current year.
In other Simmons First National Corporation news, Director Christopher R. Kirkland sold 547 shares of Simmons First National Corporation stock in a transaction on Thursday, July 20th. The shares were sold at an average price of $55.00, for a total value of $30,085.00. Following the completion of the transaction, the director now owns 228,399 shares of the company’s stock, valued at $12,561,945. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Joseph D. Porter sold 23,000 shares of Simmons First National Corporation stock in a transaction on Monday, June 12th. The shares were sold at an average price of $55.00, for a total transaction of $1,265,000.00. Following the completion of the transaction, the director now directly owns 48,819 shares of the company’s stock, valued at approximately $2,685,045. The disclosure for this sale can be found here. 4.63% of the stock is currently owned by insiders.
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About Simmons First National Corporation
Simmons First National Corporation is a financial holding company. The Company, through its subsidiary bank, Simmons Bank, provides financial services to individuals and businesses throughout the market areas they serve. As of December 31, 2016, Simmons Bank conducted banking operations through 150 financial centers located in communities throughout Arkansas, Kansas, Missouri and Tennessee.
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