Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Itasca Capital (ICL) Stock Price
Media coverage about Itasca Capital (NYSE:ICL) has trended somewhat positive recently, according to Accern. The research group scores the sentiment of press 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. Itasca Capital earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.958187729842 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern’s scoring:
- Reviewing Itasca Capital (ICL) & Monsanto (MON) (americanbankingnews.com)
- A Nice Surprise: Phosphate Prices Rose Last Week (finance.yahoo.com)
- MAP Prices in Brazil Trend Higher Last Week (finance.yahoo.com)
- Zacks: Brokerages Set $4.75 Target Price for Israel Chemicals Shs (ICL) (americanbankingnews.com)
- Israel Chemicals Shs (ICL) Announces Quarterly Dividend of $0.04 (americanbankingnews.com)
Several research firms have recently weighed in on ICL. Zacks Investment Research raised shares of Itasca Capital from a “sell” rating to a “hold” rating in a report on Monday, July 17th. BMO Capital Markets reaffirmed a “hold” rating and set a $4.50 target price on shares of Itasca Capital in a report on Friday, September 1st. BidaskClub lowered shares of Itasca Capital from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Finally, ValuEngine raised shares of Itasca Capital from a “hold” rating to a “buy” rating in a report on Wednesday, September 6th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Itasca Capital currently has a consensus rating of “Hold” and an average target price of C$4.88.
Itasca Capital (NYSE:ICL) traded down C$0.04 during trading on Friday, reaching C$4.09. 117,591 shares of the company were exchanged, compared to its average volume of 127,457. Itasca Capital has a 1 year low of C$3.70 and a 1 year high of C$4.95.
Itasca Capital (NYSE:ICL) last released its quarterly earnings results on Wednesday, November 8th. The company reported C$0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.08 by C$0.01. The company had revenue of C$1.44 billion during the quarter, compared to analyst estimates of C$1.41 billion. During the same period in the prior year, the business posted $0.09 EPS. Itasca Capital’s revenue was up 4.1% compared to the same quarter last year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Tuesday, December 5th will be paid a $0.044 dividend. The ex-dividend date of this dividend is Tuesday, December 5th. This represents a $0.18 dividend on an annualized basis and a yield of 4.30%. This is a boost from Itasca Capital’s previous quarterly dividend of $0.02.
In related news, Director Richard Michael Powell purchased 39,500 shares of the company’s stock in a transaction that occurred on Thursday, August 17th. The shares were purchased at an average price of C$0.73 per share, with a total value of C$28,835.00.
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