Somewhat Positive Media Coverage Somewhat Unlikely to Affect Hawthorn Bancshares (HWBK) Share Price
Headlines about Hawthorn Bancshares (NASDAQ:HWBK) have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hawthorn Bancshares earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 47.0508659157818 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Several research firms have commented on HWBK. TheStreet downgraded shares of Hawthorn Bancshares from a “b-” rating to a “c+” rating in a research report on Monday, June 19th. ValuEngine raised shares of Hawthorn Bancshares from a “hold” rating to a “buy” rating in a report on Friday, June 2nd.
Hawthorn Bancshares (HWBK) traded up 1.99% during mid-day trading on Friday, hitting $20.55. 3,100 shares of the company traded hands. Hawthorn Bancshares has a one year low of $13.32 and a one year high of $22.36. The stock has a market capitalization of $119.83 million, a price-to-earnings ratio of 15.22 and a beta of 0.20. The company’s 50-day moving average is $20.44 and its 200-day moving average is $20.21.
Hawthorn Bancshares (NASDAQ:HWBK) last posted its quarterly earnings data on Thursday, July 27th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter. Hawthorn Bancshares had a net margin of 13.77% and a return on equity of 8.48%. The company had revenue of $12.92 million for the quarter.
Hawthorn Bancshares announced that its board has initiated a share buyback plan on Wednesday, August 9th that allows the company to repurchase $1.50 million in outstanding shares. This repurchase authorization allows the financial services provider to purchase up to 1.2% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.
The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, October 1st. Stockholders of record on Friday, September 15th will be issued a $0.07 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.39%. Hawthorn Bancshares’s dividend payout ratio (DPR) is presently 20.90%.
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Hawthorn Bancshares Company Profile
Hawthorn Bancshares, Inc is a bank holding company. Its activities are limited to ownership, indirectly through its subsidiary, Union State Bancshares, Inc (Union), of the outstanding capital stock of Hawthorn Bank. Hawthorn Bank is a full service bank conducting a general banking and trust business, offering its customers checking and savings accounts, Internet banking, debit cards, certificates of deposit, trust services, brokerage services, safety deposit boxes and a range of lending services.
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