Sussex Bancorp (SBBX) Earns Daily Media Sentiment Score of 0.13
News articles about Sussex Bancorp (NASDAQ:SBBX) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sussex Bancorp earned a news impact score of 0.13 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 46.1812436235596 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Several research analysts have recently issued reports on SBBX shares. Zacks Investment Research cut Sussex Bancorp from a “buy” rating to a “hold” rating in a research note on Tuesday, June 27th. ValuEngine upgraded Sussex Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd.
Shares of Sussex Bancorp (NASDAQ SBBX) remained flat at $23.90 on Monday. 3,366 shares of the company were exchanged. The stock has a 50 day moving average price of $24.47 and a 200-day moving average price of $24.09. Sussex Bancorp has a 1-year low of $15.14 and a 1-year high of $28.55. The firm has a market capitalization of $115.08 million, a price-to-earnings ratio of 18.67 and a beta of 0.43.
Sussex Bancorp (NASDAQ:SBBX) last issued its earnings results on Friday, July 28th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.01. The business had revenue of $8.71 million during the quarter, compared to the consensus estimate of $9.10 million. Sussex Bancorp had a return on equity of 10.68% and a net margin of 15.13%. Equities analysts predict that Sussex Bancorp will post $1.36 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 24th. Stockholders of record on Thursday, August 10th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Tuesday, August 8th. Sussex Bancorp’s dividend payout ratio (DPR) is 18.75%.
In other news, Director Mark J. Hontz sold 2,100 shares of the stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $23.94, for a total transaction of $50,274.00. Following the completion of the transaction, the director now directly owns 12,132 shares of the company’s stock, valued at approximately $290,440.08. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Katherine H. Caristia bought 3,125 shares of the business’s stock in a transaction dated Friday, June 16th. The shares were acquired at an average cost of $24.00 per share, with a total value of $75,000.00. Following the completion of the purchase, the director now owns 22,752 shares in the company, valued at approximately $546,048. The disclosure for this purchase can be found here. Corporate insiders own 17.60% of the company’s stock.
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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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