S & T Bancorp (STBA) Earns Daily Coverage Optimism Rating of -0.04
News stories about S & T Bancorp (NASDAQ:STBA) have trended somewhat negative this week, according to Alpha One Sentiment Analysis. The research firm, a service of Accern, ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. S & T Bancorp earned a daily sentiment score of -0.04 on Alpha One’s scale. Alpha One also assigned news headlines about the financial services provider an impact score of 76 out of 100, meaning that recent media coverage is likely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have effected AlphaOne Sentiment’s analysis:
- S&T Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : STBA-US : April 21, 2017 (finance.yahoo.com)
- S&T Bancorp, Inc. (Nasdaq: STBA) to Ring The Nasdaq Stock Market Closing Bell (feeds.benzinga.com)
- Zacks: Brokerages Expect S & T Bancorp Inc (STBA) to Post $0.54 EPS (americanbankingnews.com)
- S & T Bancorp : &T Bancorp pot 1Q profit (4-traders.com)
- Edited Transcript of STBA earnings conference call or presentation 20-Apr-17 5:00pm GMT (finance.yahoo.com)
Separately, Zacks Investment Research upgraded S & T Bancorp from a “sell” rating to a “hold” rating in a research note on Wednesday, March 15th.
Shares of S & T Bancorp (NASDAQ:STBA) traded down 2.68% during trading on Friday, reaching $34.84. The company’s stock had a trading volume of 100,194 shares. The company has a market cap of $1.22 billion, a PE ratio of 16.98 and a beta of 0.95. S & T Bancorp has a 12-month low of $23.06 and a 12-month high of $39.84. The company has a 50 day moving average of $34.51 and a 200 day moving average of $34.82.
S & T Bancorp (NASDAQ:STBA) last issued its earnings results on Thursday, April 20th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by $0.01. S & T Bancorp had a return on equity of 8.61% and a net margin of 25.28%. The firm earned $66.87 million during the quarter, compared to the consensus estimate of $68.26 million. During the same period last year, the firm posted $0.46 earnings per share. On average, analysts anticipate that S & T Bancorp will post $2.24 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, May 18th. Stockholders of record on Thursday, May 4th will be issued a $0.20 dividend. The ex-dividend date is Tuesday, May 2nd. This represents a $0.80 annualized dividend and a dividend yield of 2.30%. S & T Bancorp’s dividend payout ratio (DPR) is 39.02%.
In other news, insider Thomas J. Sposito II sold 10,000 shares of S & T Bancorp stock in a transaction dated Friday, February 10th. The stock was sold at an average price of $36.25, for a total value of $362,500.00. Following the sale, the insider now directly owns 31,685 shares of the company’s stock, valued at $1,148,581.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 3.31% of the company’s stock.
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S & T Bancorp Company Profile
S&T Bancorp, Inc (S&T) is a bank holding company. The Company operates through three segments: Community Banking, Wealth Management and Insurance. The Community Banking segment offers services, which include accepting time and demand deposits, and originating commercial and consumer loans. The Wealth Management segment offers brokerage services, serves as executor and trustee under wills and deeds and as guardian and custodian of employee benefits and provides other trust services.
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