Simmons First National Corporation (SFNC) Getting Somewhat Positive Media Coverage, Analysis Finds
News headlines about Simmons First National Corporation (NASDAQ:SFNC) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Simmons First National Corporation earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 45.1034036620455 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Several analysts have recently commented on SFNC shares. BidaskClub raised Simmons First National Corporation from a “strong sell” rating to a “sell” rating in a research report on Wednesday, June 21st. Raymond James Financial, Inc. raised Simmons First National Corporation from an “underperform” rating to a “market perform” rating in a research report on Wednesday, July 5th. Zacks Investment Research cut Simmons First National Corporation from a “hold” rating to a “sell” rating in a research report on Friday, July 7th. Finally, Stephens raised Simmons First National Corporation from an “equal weight” rating to a “buy” rating and lifted their price objective for the company from $60.00 to $64.00 in a research report on Friday, July 21st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $62.40.
Simmons First National Corporation (NASDAQ SFNC) traded up 1.37% during mid-day trading on Thursday, reaching $59.10. The company had a trading volume of 31,300 shares. The stock has a market cap of $1.90 billion, a PE ratio of 19.52 and a beta of 1.15. Simmons First National Corporation has a 12 month low of $45.90 and a 12 month high of $67.00. The firm’s 50-day moving average price is $53.89 and its 200-day moving average price is $53.29.
Simmons First National Corporation (NASDAQ:SFNC) last posted its quarterly earnings data on Wednesday, July 19th. The bank reported $0.84 EPS for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.04. Simmons First National Corporation had a net margin of 21.03% and a return on equity of 8.71%. The company had revenue of $112.56 million during the quarter, compared to the consensus estimate of $110.00 million. Equities research analysts forecast that Simmons First National Corporation will post $3.12 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 2nd. Stockholders of record on Friday, September 15th were paid a dividend of $0.25 per share. The ex-dividend date was Thursday, September 14th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.72%. Simmons First National Corporation’s dividend payout ratio is 33.00%.
In related news, Director Christopher R. Kirkland sold 33,009 shares of the firm’s stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $55.41, for a total value of $1,829,028.69. Following the completion of the sale, the director now directly owns 168,276 shares in the company, valued at approximately $9,324,173.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Eugene Hunt sold 1,200 shares of the firm’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $51.62, for a total transaction of $61,944.00. Following the completion of the sale, the director now owns 4,030 shares of the company’s stock, valued at $208,028.60. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 174,802 shares of company stock valued at $9,631,084. Company insiders own 4.63% of the company’s stock.
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Simmons First National Corporation Company Profile
Simmons First National Corporation is a financial holding company. The Company, through its subsidiary bank, Simmons Bank, provides financial services to individuals and businesses throughout the market areas they serve. As of December 31, 2016, Simmons Bank conducted banking operations through 150 financial centers located in communities throughout Arkansas, Kansas, Missouri and Tennessee.
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