Sussex Bancorp (SBBX) Receiving Somewhat Favorable Press Coverage, Accern Reports
News stories about Sussex Bancorp (NASDAQ:SBBX) have trended somewhat positive recently, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Sussex Bancorp earned a media sentiment score of 0.02 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 47.4754193720958 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Sussex Bancorp (NASDAQ SBBX) traded up $0.20 during trading hours on Friday, reaching $25.80. 13,800 shares of the company were exchanged, compared to its average volume of 13,894. The company has a market capitalization of $155.84, a PE ratio of 18.17 and a beta of 0.55. Sussex Bancorp has a 1 year low of $17.33 and a 1 year high of $28.55. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.88.
Sussex Bancorp (NASDAQ:SBBX) last issued its earnings results on Monday, October 30th. The financial services provider reported $0.33 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.33. The firm had revenue of $9.60 million during the quarter, compared to analysts’ expectations of $9.60 million. Sussex Bancorp had a net margin of 15.97% and a return on equity of 9.19%. research analysts predict that Sussex Bancorp will post 1.31 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Investors of record on Friday, November 10th will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date is Thursday, November 9th. Sussex Bancorp’s payout ratio is 18.05%.
SBBX has been the topic of a number of research analyst reports. Zacks Investment Research lowered shares of Sussex Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, November 7th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $28.50 price objective on shares of Sussex Bancorp in a research note on Tuesday, October 3rd.
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About Sussex Bancorp
Sussex Bancorp is a bank holding company for Sussex Bank (the Bank). The Company’s primary business is the ownership and supervision of the Bank. The Company has two business segments: banking and financial services, and insurance services. The Company, through the Bank, conducts a traditional commercial banking business, and offer services, including personal and business checking accounts and time deposits, money market accounts and savings accounts.
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