Somewhat Favorable News Coverage Somewhat Unlikely to Affect Northeast Bancorp (NBN) Stock Price
News headlines about Northeast Bancorp (NASDAQ:NBN) have trended somewhat positive on Wednesday, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Northeast Bancorp earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 44.6865970199816 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.
Separately, ValuEngine upgraded shares of Northeast Bancorp from a “hold” rating to a “buy” rating in a report on Friday, June 2nd.
Northeast Bancorp (NBN) opened at 21.60 on Wednesday. The stock has a market capitalization of $190.75 million, a price-to-earnings ratio of 15.65 and a beta of 0.32. The company has a 50-day moving average of $21.08 and a 200-day moving average of $18.64. Northeast Bancorp has a one year low of $10.85 and a one year high of $22.35.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 25th. Stockholders of record on Friday, August 11th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Wednesday, August 9th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.19%. Northeast Bancorp’s dividend payout ratio is presently 2.90%.
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Northeast Bancorp Company Profile
Northeast Bancorp is a bank holding company. The Company’s banking subsidiary is Northeast Bank (the Bank). The Company provides a range of banking services to individual and corporate customers throughout south-central and western Maine and conducts loan purchasing and origination activities nationwide through its subsidiary.
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