Peoples Bancorp (PEBO) Earns Daily News Sentiment Rating of 0.15
News headlines about Peoples Bancorp (NASDAQ:PEBO) have been trending somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Peoples Bancorp earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 45.9173805244506 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of research analysts have weighed in on PEBO shares. BidaskClub lowered Peoples Bancorp from a “sell” rating to a “strong sell” rating in a report on Friday, July 28th. Zacks Investment Research lowered Peoples Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday, June 28th. Boenning Scattergood reaffirmed a “hold” rating on shares of Peoples Bancorp in a report on Wednesday, July 26th. ValuEngine raised Peoples Bancorp from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Finally, Keefe, Bruyette & Woods reaffirmed a “neutral” rating on shares of Peoples Bancorp in a report on Tuesday, July 25th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $34.33.
Peoples Bancorp (PEBO) traded up 1.346% on Thursday, reaching $31.245. The company’s stock had a trading volume of 12,984 shares. The stock has a market cap of $562.91 million, a P/E ratio of 16.889 and a beta of 0.76. The stock has a 50-day moving average of $31.58 and a 200-day moving average of $32.05. Peoples Bancorp has a one year low of $23.21 and a one year high of $35.43.
Peoples Bancorp (NASDAQ:PEBO) last announced its quarterly earnings results on Tuesday, July 25th. The bank reported $0.53 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.07. Peoples Bancorp had a return on equity of 7.63% and a net margin of 19.67%. The firm had revenue of $41.68 million during the quarter, compared to analyst estimates of $40.81 million. On average, analysts predict that Peoples Bancorp will post $2.03 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, August 18th. Investors of record on Friday, August 4th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend was Wednesday, August 2nd. This is a positive change from Peoples Bancorp’s previous quarterly dividend of $0.20. Peoples Bancorp’s payout ratio is currently 47.57%.
In other Peoples Bancorp news, Director Terry Thomas Sweet purchased 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 6th. The stock was purchased at an average price of $31.18 per share, for a total transaction of $31,180.00. Following the purchase, the director now directly owns 2,427 shares in the company, valued at $75,673.86. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.04% of the stock is owned by insiders.
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Peoples Bancorp Company Profile
Peoples Bancorp Inc is a financial holding company. The Company operates principally through its subsidiary, Peoples Bank. Peoples Bank’s operating subsidiaries include Peoples Insurance Agency, LLC (Peoples Insurance) and two asset management companies, PBNA, LLC. and Peoples Tax Credit Equity, LLC.
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