Analysts expect that MidSouth Bancorp, Inc. (NYSE:MSL) will post sales of $23.71 million for the current quarter, Zacks reports. Two analysts have made estimates for MidSouth Bancorp’s earnings, with the highest sales estimate coming in at $23.85 million and the lowest estimate coming in at $23.56 million. MidSouth Bancorp posted sales of $23.31 million during the same quarter last year, which suggests a positive year over year growth rate of 1.7%. The firm is scheduled to issue its next quarterly earnings report on Tuesday, January 30th.

On average, analysts expect that MidSouth Bancorp will report full-year sales of $23.71 million for the current financial year, with estimates ranging from $94.40 million to $94.43 million. For the next fiscal year, analysts anticipate that the firm will report sales of $95.25 million per share, with estimates ranging from $93.39 million to $97.10 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that cover MidSouth Bancorp.

MidSouth Bancorp (NYSE:MSL) last posted its earnings results on Tuesday, October 24th. The bank reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.01. MidSouth Bancorp had a return on equity of 1.43% and a net margin of 0.94%. The company had revenue of $24.30 million for the quarter, compared to analyst estimates of $23.32 million.

Several equities analysts have recently commented on MSL shares. Zacks Investment Research raised MidSouth Bancorp from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research note on Wednesday, October 25th. ValuEngine lowered MidSouth Bancorp from a “hold” rating to a “sell” rating in a research note on Friday, December 22nd. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $12.00 target price on shares of MidSouth Bancorp in a research note on Wednesday, October 4th. Four research analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $14.00.

MidSouth Bancorp (NYSE MSL) traded down $0.45 during trading on Friday, hitting $14.65. The company had a trading volume of 52,162 shares, compared to its average volume of 46,862. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.84 and a quick ratio of 0.84. MidSouth Bancorp has a 12-month low of $11.05 and a 12-month high of $16.60.

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Friday, December 15th were given a $0.01 dividend. The ex-dividend date was Thursday, December 14th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.27%. MidSouth Bancorp’s dividend payout ratio (DPR) is presently -21.05%.

In other MidSouth Bancorp news, Director C R. Cloutier sold 8,124 shares of the firm’s stock in a transaction on Friday, October 27th. The stock was sold at an average price of $13.77, for a total transaction of $111,867.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Clayton Paul Hilliard sold 5,000 shares of the firm’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $12.90, for a total value of $64,500.00. Following the transaction, the director now directly owns 129,785 shares of the company’s stock, valued at approximately $1,674,226.50. The disclosure for this sale can be found here. Insiders have sold a total of 38,364 shares of company stock valued at $507,019 over the last ninety days. 19.84% of the stock is owned by insiders.

Several large investors have recently made changes to their positions in the company. New York State Common Retirement Fund acquired a new position in MidSouth Bancorp in the second quarter valued at $112,000. Rhumbline Advisers purchased a new stake in shares of MidSouth Bancorp during the third quarter worth about $123,000. Hotchkis & Wiley Capital Management LLC purchased a new stake in shares of MidSouth Bancorp during the third quarter worth about $136,000. MML Investors Services LLC increased its holdings in MidSouth Bancorp by 16.9% in the second quarter. MML Investors Services LLC now owns 15,205 shares of the bank’s stock valued at $179,000 after buying an additional 2,197 shares during the last quarter. Finally, California State Teachers Retirement System bought a new stake in MidSouth Bancorp in the second quarter valued at about $184,000. 56.74% of the stock is owned by institutional investors and hedge funds.

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MidSouth Bancorp Company Profile

MidSouth Bancorp, Inc is a financial holding company. The Company operates primarily through its wholly owned bank subsidiary, MidSouth Bank, N.A. The Company is operating principally in the community banking business by providing banking services to commercial and retail customers through the Bank. The Bank is community oriented and focuses primarily on offering commercial and consumer loan and deposit services to individuals and small to middle market businesses in Louisiana, and central and east Texas.

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