Nicolet Bankshares (NCBS) Earning Somewhat Favorable News Coverage, Study Finds
News headlines about Nicolet Bankshares (NASDAQ:NCBS) have trended somewhat positive recently, according to Accern. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nicolet Bankshares earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 45.8661352795037 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Nicolet Bankshares (NCBS) traded up 1.68% during midday trading on Thursday, hitting $54.36. The stock had a trading volume of 27,505 shares. The stock has a 50-day moving average price of $53.84 and a 200 day moving average price of $50.75. The firm has a market cap of $536.10 million, a P/E ratio of 18.71 and a beta of 1.82. Nicolet Bankshares has a 12-month low of $36.10 and a 12-month high of $55.83.
Nicolet Bankshares (NASDAQ:NCBS) last issued its earnings results on Tuesday, July 18th. The bank reported $0.83 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.74 by $0.09. The firm had revenue of $32.84 million during the quarter. Nicolet Bankshares had a net margin of 21.55% and a return on equity of 9.09%. On average, equities analysts anticipate that Nicolet Bankshares will post $3.18 earnings per share for the current fiscal year.
Separately, ValuEngine raised Nicolet Bankshares from a “hold” rating to a “buy” rating in a report on Friday, June 2nd.
In related news, SVP Michael Joseph Vogel sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, June 13th. The shares were sold at an average price of $54.00, for a total value of $135,000.00. Following the completion of the sale, the senior vice president now owns 10,927 shares in the company, valued at approximately $590,058. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Robert Bruce Atwell sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $53.52, for a total transaction of $267,600.00. Following the completion of the sale, the chairman now owns 47,969 shares of the company’s stock, valued at approximately $2,567,300.88. The disclosure for this sale can be found here. Company insiders own 13.90% of the company’s stock.
About Nicolet Bankshares
Nicolet Bankshares, Inc is a bank holding company. The Company conducts operations through its subsidiary, Nicolet National Bank (the Bank), which is a commercial bank. The Company also owns investment advisory firms, Brookfield Investment Partners, LLC, which provides investment strategy and transactional services to select community banks, and Nicolet Advisory Services, LLC, which conducts brokerage and financial advisory services primarily to individual consumers.
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