MainSource Financial Group (MSFG) Receiving Somewhat Favorable News Coverage, Accern Reports
Media headlines about MainSource Financial Group (NASDAQ:MSFG) have trended somewhat positive recently, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. MainSource Financial Group earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.6449579046372 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- ETFs with exposure to MainSource Financial Group, Inc. : November 14, 2017 (finance.yahoo.com)
- MainSource Financial Group, Inc. :MSFG-US: Earnings Analysis: Q3, 2017 By the Numbers : November 13, 2017 (finance.yahoo.com)
- MainSource Financial Group, Inc. breached its 50 day moving average in a Bearish Manner : MSFG-US : November 10, 2017 (finance.yahoo.com)
- Critical Survey: MainSource Financial Group (MSFG) vs. Xenith Bankshares (XBKS) (americanbankingnews.com)
A number of equities analysts recently weighed in on MSFG shares. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $40.00 price objective on shares of MainSource Financial Group in a research report on Wednesday, November 1st. Stephens cut shares of MainSource Financial Group from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, July 26th. Finally, BidaskClub cut shares of MainSource Financial Group from a “hold” rating to a “sell” rating in a research report on Monday, August 14th.
MainSource Financial Group (NASDAQ:MSFG) traded up $0.21 during trading hours on Friday, hitting $36.86. 92,471 shares of the company were exchanged, compared to its average volume of 99,465. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.93 and a quick ratio of 0.92. The stock has a market cap of $937.59, a PE ratio of 17.79 and a beta of 0.93. MainSource Financial Group has a 1 year low of $29.28 and a 1 year high of $38.93.
MainSource Financial Group (NASDAQ:MSFG) last posted its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.54 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.01). MainSource Financial Group had a return on equity of 10.65% and a net margin of 21.86%. The company had revenue of $50.43 million for the quarter, compared to analysts’ expectations of $54.10 million. equities analysts predict that MainSource Financial Group will post 2.11 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Tuesday, December 5th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.95%. The ex-dividend date of this dividend is Monday, December 4th. This is a boost from MainSource Financial Group’s previous quarterly dividend of $0.17. MainSource Financial Group’s dividend payout ratio (DPR) is currently 27.53%.
MainSource Financial Group Company Profile
MainSource Financial Group, Inc is a bank holding company. The Company operates a banking subsidiary, MainSource Bank (the Bank), an Indiana state-chartered bank. Through the Bank, the Company offers a range of financial services, including accepting time and transaction deposits; making consumer, commercial, agribusiness and real estate mortgage loans; renting safe deposit facilities; providing personal and corporate trust services, and providing other corporate services, such as letters of credit and repurchase agreements.
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