Clifton Bancorp (CSBK) Receiving Somewhat Favorable Media Coverage, Accern Reports
Media stories about Clifton Bancorp (NASDAQ:CSBK) have trended somewhat positive on Friday, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog 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. Clifton Bancorp earned a news impact score of 0.17 on Accern’s scale. Accern also gave news coverage about the savings and loans company an impact score of 47.1174933373146 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Clifton Bancorp (CSBK) traded up 0.24% on Friday, hitting $16.43. 74,047 shares of the stock traded hands. Clifton Bancorp has a 12 month low of $14.65 and a 12 month high of $17.49. The firm’s 50 day moving average is $16.00 and its 200-day moving average is $16.28. The company has a market cap of $351.09 million, a PE ratio of 70.52 and a beta of 0.39.
Clifton Bancorp (NASDAQ:CSBK) last posted its quarterly earnings data on Wednesday, July 26th. The savings and loans company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). The company had revenue of $8.34 million for the quarter. Clifton Bancorp had a return on equity of 1.69% and a net margin of 11.35%. Equities analysts predict that Clifton Bancorp will post $0.34 earnings per share for the current year.
Several research analysts have recently weighed in on the stock. BidaskClub raised shares of Clifton Bancorp from a “hold” rating to a “buy” rating in a research report on Tuesday, July 11th. Compass Point raised shares of Clifton Bancorp from a “neutral” rating to a “buy” rating and set a $17.00 price target on the stock in a research report on Friday, August 25th.
In related news, Director Charles J. Pivirotto sold 46,675 shares of Clifton Bancorp stock in a transaction dated Friday, August 25th. The stock was sold at an average price of $15.54, for a total transaction of $725,329.50. Following the completion of the sale, the director now owns 32,434 shares in the company, valued at approximately $504,024.36. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Charles J. Pivirotto sold 24,778 shares of Clifton Bancorp stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $15.56, for a total value of $385,545.68. Following the sale, the director now owns 21,164 shares of the company’s stock, valued at approximately $329,311.84. The disclosure for this sale can be found here. Company insiders own 6.30% of the company’s stock.
About Clifton Bancorp
Clifton Bancorp Inc, formerly Clifton Savings Bancorp, Inc, is a savings and loan holding company that operates through its subsidiary, Clifton Savings Bank (Clifton Savings). Clifton Savings is a federally chartered savings bank. Clifton Savings operate as a community-oriented financial institution offering traditional financial services to consumers and businesses in the market area.
Receive News & Stock Ratings for Clifton Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clifton Bancorp Inc. and related stocks with our FREE daily email newsletter.