Somewhat Positive Press Coverage Somewhat Unlikely to Impact Great Western Bancorp (GWB) Share Price
Media coverage about Great Western Bancorp (NYSE:GWB) has been trending somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Great Western Bancorp earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 45.7816390668806 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media stories that may have impacted Accern’s rankings:
- Great Western Bancorp, Inc. (South Dakota) – Value Analysis (NYSE:GWB) : November 13, 2017 (finance.yahoo.com)
- Great Western Bancorp, Inc. (South Dakota) breached its 50 day moving average in a Bearish Manner : GWB-US : November 10, 2017 (finance.yahoo.com)
- Great Western Bancorp, Inc. (GWB) Given Average Recommendation of “Hold” by Analysts (americanbankingnews.com)
- Great Western Bancorp, Inc. (GWB) Lowered to “Hold” at ValuEngine (americanbankingnews.com)
Great Western Bancorp (GWB) traded up $0.34 during mid-day trading on Thursday, hitting $39.65. 126,676 shares of the stock traded hands, compared to its average volume of 299,729. The firm has a market capitalization of $2,314.53, a price-to-earnings ratio of 15.99, a PEG ratio of 1.96 and a beta of 1.72. Great Western Bancorp has a twelve month low of $33.27 and a twelve month high of $45.62. The company has a quick ratio of 1.00, a current ratio of 1.02 and a debt-to-equity ratio of 0.37.
Great Western Bancorp (NYSE:GWB) last released its quarterly earnings results on Thursday, October 26th. The bank reported $0.64 EPS for the quarter, beating the consensus estimate of $0.61 by $0.03. The business had revenue of $116.50 million for the quarter, compared to analyst estimates of $117.75 million. Great Western Bancorp had a net margin of 29.09% and a return on equity of 8.45%. During the same period in the prior year, the business earned $0.57 earnings per share. sell-side analysts expect that Great Western Bancorp will post 2.62 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 22nd. Stockholders of record on Friday, November 10th will be given a $0.20 dividend. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $0.80 annualized dividend and a dividend yield of 2.02%. Great Western Bancorp’s dividend payout ratio is presently 32.52%.
Several research analysts have weighed in on GWB shares. Zacks Investment Research upgraded shares of Great Western Bancorp from a “sell” rating to a “hold” rating in a research report on Thursday, August 24th. ValuEngine lowered shares of Great Western Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Keefe, Bruyette & Woods restated a “buy” rating and set a $46.00 target price on shares of Great Western Bancorp in a research report on Thursday, September 28th. Deutsche Bank AG upped their target price on shares of Great Western Bancorp from $43.00 to $44.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. Finally, Piper Jaffray Companies restated a “hold” rating and set a $40.00 target price on shares of Great Western Bancorp in a research report on Friday, October 27th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $45.22.
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In related news, insider Bryan Leighton Kindopp sold 1,304 shares of the company’s stock in a transaction that occurred on Tuesday, October 3rd. The shares were sold at an average price of $40.21, for a total transaction of $52,433.84. Following the transaction, the insider now owns 4,217 shares of the company’s stock, valued at $169,565.57. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Kenneth James Karels sold 12,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 3rd. The shares were sold at an average price of $39.66, for a total transaction of $475,920.00. Following the transaction, the chief executive officer now directly owns 62,130 shares in the company, valued at approximately $2,464,075.80. The disclosure for this sale can be found here. Insiders have sold 69,280 shares of company stock worth $2,829,831 in the last three months. Insiders own 0.23% of the company’s stock.
Great Western Bancorp Company Profile
Great Western Bancorp, Inc is a full-service regional bank holding company. The Company is the holding company of the Great Western Bank (the Bank). As of September 30, 2016, the Company served customers through 173 branches in various markets in Arizona, Colorado, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota and South Dakota.
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