Somewhat Favorable Press Coverage Somewhat Unlikely to Impact FCB Financial (FCB) Stock Price
News stories about FCB Financial (NYSE:FCB) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. FCB Financial earned a news impact score of 0.10 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 45.3777061229547 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Kent S. Ellert Sells 13,120 Shares of FCB Financial Holdings Inc (FCB) Stock (americanbankingnews.com)
- FCB Financial Holdings Inc (FCB) Insider Les J. Lieberman Sells 13,208 Shares (americanbankingnews.com)
- FCB Financial Holdings Inc (FCB) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- FCB Financial Holdings Inc (FCB) CEO Sells $1,027,531.67 in Stock (americanbankingnews.com)
- FCB Financial Holdings Inc (FCB) Insider Sells $998,679.24 in Stock (americanbankingnews.com)
A number of research firms have recently commented on FCB. Zacks Investment Research lowered shares of FCB Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Royal Bank of Canada reaffirmed a “buy” rating and issued a $54.00 price objective on shares of FCB Financial in a research note on Wednesday, October 25th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $51.00 price objective on shares of FCB Financial in a research note on Tuesday, October 3rd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $54.60.
Shares of FCB Financial (FCB) opened at $53.15 on Wednesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.94 and a quick ratio of 0.93. FCB Financial has a 12 month low of $39.90 and a 12 month high of $54.10. The company has a market cap of $2,300.00, a price-to-earnings ratio of 18.02, a PEG ratio of 1.16 and a beta of 1.35.
FCB Financial (NYSE:FCB) last posted its quarterly earnings data on Tuesday, October 24th. The bank reported $0.74 EPS for the quarter, beating the Zacks’ consensus estimate of $0.69 by $0.05. FCB Financial had a net margin of 34.09% and a return on equity of 11.42%. The company had revenue of $84.21 million for the quarter, compared to analyst estimates of $87.16 million. During the same period in the prior year, the firm posted $0.60 EPS. sell-side analysts anticipate that FCB Financial will post 2.84 earnings per share for the current year.
In related news, Director Thomas E. Constance sold 1,641 shares of the business’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $49.00, for a total transaction of $80,409.00. Following the transaction, the director now owns 3,641 shares in the company, valued at approximately $178,409. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Vincent Tese sold 219,554 shares of the business’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $52.85, for a total transaction of $11,603,428.90. Following the transaction, the chairman now owns 393,818 shares in the company, valued at approximately $20,813,281.30. The disclosure for this sale can be found here. Insiders have sold a total of 682,619 shares of company stock worth $35,094,671 in the last quarter. 15.40% of the stock is owned by corporate insiders.
FCB Financial 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.
Receive News & Ratings for FCB Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FCB Financial and related companies with Analyst Ratings Network's FREE daily email newsletter.