Bank of Hawaii Corporation (BOH) Receiving Somewhat Favorable Press Coverage, Report Finds
Media coverage about Bank of Hawaii Corporation (NYSE:BOH) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Bank of Hawaii Corporation earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave news articles about the bank an impact score of 45.9106571833833 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news articles that may have effected Accern’s rankings:
- Phone scam targets consumers under Bank of Hawaii name (hawaiinewsnow.com)
- Bankoh warns of voice phishing scam (staradvertiser.com)
- BOH Makes Bullish Cross Above Critical Moving Average (nasdaq.com)
- Bank of Hawai‘i Warns of Fraudulent Voice Phishing Scam (mauinow.com)
- Bank of Hawaii : warns about phone scam (4-traders.com)
A number of research firms have issued reports on BOH. BidaskClub downgraded Bank of Hawaii Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. Jefferies Group LLC reissued a “hold” rating and issued a $85.00 target price on shares of Bank of Hawaii Corporation in a research report on Friday, July 14th. Morgan Stanley raised their target price on Bank of Hawaii Corporation from $74.00 to $75.00 and gave the stock an “underweight” rating in a research report on Tuesday, June 6th. Zacks Investment Research lowered Bank of Hawaii Corporation from a “hold” rating to a “sell” rating in a report on Tuesday. Finally, Barclays PLC reaffirmed an “equal weight” rating and issued a $83.00 price target (up from $81.00) on shares of Bank of Hawaii Corporation in a report on Wednesday, July 12th. Three investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $86.40.
Shares of Bank of Hawaii Corporation (BOH) opened at 83.17 on Thursday. Bank of Hawaii Corporation has a 1-year low of $71.06 and a 1-year high of $90.80. The company’s 50-day moving average price is $79.71 and its 200 day moving average price is $80.99. The company has a market cap of $3.54 billion, a price-to-earnings ratio of 19.44 and a beta of 0.96.
Bank of Hawaii Corporation (NYSE:BOH) last issued its earnings results on Monday, July 24th. The bank reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.02. The company had revenue of $157.52 million during the quarter, compared to the consensus estimate of $157.76 million. Bank of Hawaii Corporation had a net margin of 27.28% and a return on equity of 15.45%. During the same quarter in the prior year, the firm posted $1.03 EPS. On average, analysts predict that Bank of Hawaii Corporation will post $4.43 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Thursday, August 31st were issued a $0.52 dividend. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $2.08 annualized dividend and a yield of 2.55%. This is an increase from Bank of Hawaii Corporation’s previous quarterly dividend of $0.50. Bank of Hawaii Corporation’s dividend payout ratio is currently 48.48%.
In other Bank of Hawaii Corporation news, insider Donna A. Tanoue sold 6,000 shares of the stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $76.88, for a total transaction of $461,280.00. Following the completion of the transaction, the insider now owns 9,969 shares of the company’s stock, valued at approximately $766,416.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Donna A. Tanoue sold 4,050 shares of the stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $76.15, for a total transaction of $308,407.50. Following the transaction, the insider now directly owns 9,969 shares of the company’s stock, valued at approximately $759,139.35. The disclosure for this sale can be found here. Insiders sold a total of 11,235 shares of company stock valued at $860,767 in the last ninety days. 2.16% of the stock is currently owned by insiders.
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Bank of Hawaii Corporation Company Profile
Bank of Hawaii Corporation is a bank holding company that operates through its subsidiary, Bank of Hawaii (the Bank). The Bank provides a range of financial products and services primarily to customers in Hawaii, Guam and other Pacific Islands. It operates in four segments: Retail Banking, Commercial Banking, Investment Services, and Treasury and Other.
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