StoneCastle Financial Corp (BANX) Set to Announce Quarterly Earnings on Wednesday
StoneCastle Financial Corp (NASDAQ:BANX) will release its earnings data after the market closes on Wednesday, August 9th. Analysts expect StoneCastle Financial Corp to post earnings of $0.41 per share for the quarter.
Shares of StoneCastle Financial Corp (BANX) opened at 20.40 on Monday. The firm has a 50 day moving average of $20.25 and a 200 day moving average of $19.92. StoneCastle Financial Corp has a 52 week low of $17.68 and a 52 week high of $20.94.
Several brokerages have recently weighed in on BANX. National Securities reiterated a “buy” rating and set a $23.00 target price on shares of StoneCastle Financial Corp in a research report on Monday, May 8th. Zacks Investment Research upgraded shares of StoneCastle Financial Corp from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. Finally, Oppenheimer Holdings, Inc. set a $21.00 price target on shares of StoneCastle Financial Corp and gave the company a “buy” rating in a research report on Tuesday, May 9th.
StoneCastle Financial Corp Company Profile
StoneCastle Financial Corp. is a non-diversified, closed-end management investment company. The Company’s primary investment objective is to provide stockholders with current income, and to a lesser extent capital appreciation. The Company generally invests in the senior debt, subordinated debt, preferred shares and common stock of community banks.
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