Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Silver Bay Realty Trust Corp (NYSE:SBY) Stock Price
News stories about Silver Bay Realty Trust Corp (NYSE:SBY) have been trending somewhat positive on Friday, according to Accern. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Silver Bay Realty Trust Corp earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 46.2632820835021 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Separately, Zacks Investment Research lowered Silver Bay Realty Trust Corp from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 10th. Five research analysts have rated the stock with a hold rating, The stock currently has an average rating of “Hold” and a consensus price target of $21.13.
Silver Bay Realty Trust Corp (NYSE:SBY) opened at 21.49 on Friday. The firm’s 50-day moving average price is $21.49 and its 200-day moving average price is $20.81. Silver Bay Realty Trust Corp has a 12 month low of $15.65 and a 12 month high of $21.85.
COPYRIGHT VIOLATION NOTICE: “Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Silver Bay Realty Trust Corp (NYSE:SBY) Stock Price” was originally published by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of US & international trademark and copyright laws. The original version of this piece of content can be viewed at https://www.watchlistnews.com/somewhat-favorable-press-coverage-somewhat-unlikely-to-impact-silver-bay-realty-trust-corp-nysesby-stock-price/1471739.html.
Silver Bay Realty Trust Corp Company Profile
Silver Bay Realty Trust Corp. is a real estate investment trust. It focuses on the acquisition, renovation, leasing and management of single-family properties in select markets in the United States. As of December 31, 2016, it had owned 9,044 single-family properties in Arizona, California, Florida, Georgia, Nevada, North Carolina, Ohio, South Carolina and Texas.
Receive News & Ratings for Silver Bay Realty Trust Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silver Bay Realty Trust Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.