Media headlines about S & T Bancorp (NASDAQ:STBA) have been trending somewhat negative recently, AlphaOne reports. The research firm, a service of Accern, ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. S & T Bancorp earned a news sentiment score of -0.04 on AlphaOne’s scale. AlphaOne also assigned headlines about the financial services provider an impact score of 76 out of 100, meaning that recent media coverage is likely to have an impact on the stock’s share price in the immediate future.
Here are some of the headlines that may have impacted AlphaOne Sentiment’s rankings:
- S&T Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : STBA-US : April 21, 2017 (finance.yahoo.com)
- S&T Bancorp, Inc. (Nasdaq: STBA) to Ring The Nasdaq Stock Market Closing Bell (feeds.benzinga.com)
- Zacks: Brokerages Expect S & T Bancorp Inc (STBA) to Post $0.54 EPS (americanbankingnews.com)
- S & T Bancorp : &T Bancorp pot 1Q profit (4-traders.com)
- Edited Transcript of STBA earnings conference call or presentation 20-Apr-17 5:00pm GMT (finance.yahoo.com)
Separately, Zacks Investment Research raised S & T Bancorp from a “hold” rating to a “buy” rating and set a $38.00 price objective on the stock in a research note on Thursday, March 30th.
Shares of S & T Bancorp (NASDAQ:STBA) traded down 2.68% during midday trading on Friday, reaching $34.84. The company’s stock had a trading volume of 100,194 shares. The stock has a market capitalization of $1.22 billion, a PE ratio of 16.98 and a beta of 0.95. S & T Bancorp has a 52 week low of $23.06 and a 52 week high of $39.84. The company has a 50 day moving average price of $34.51 and a 200-day moving average price of $34.82.
S & T Bancorp (NASDAQ:STBA) last issued its quarterly earnings results on Thursday, April 20th. The financial services provider reported $0.52 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by $0.01. S & T Bancorp had a net margin of 25.28% and a return on equity of 8.61%. The business earned $66.87 million during the quarter, compared to analysts’ expectations of $68.26 million. During the same period in the prior year, the business earned $0.46 EPS. On average, equities research analysts expect that S & T Bancorp will post $2.24 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 18th. Shareholders of record on Thursday, May 4th will be given a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, May 2nd. This represents a $0.80 annualized dividend and a yield of 2.30%. S & T Bancorp’s dividend payout ratio is presently 39.02%.
In other S & T Bancorp news, insider Thomas J. Sposito II sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, February 10th. The shares were sold at an average price of $36.25, for a total value of $362,500.00. Following the completion of the transaction, the insider now owns 31,685 shares of the company’s stock, valued at approximately $1,148,581.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.31% of the company’s stock.
S & T Bancorp Company Profile
S&T Bancorp, Inc (S&T) is a bank holding company. The Company operates through three segments: Community Banking, Wealth Management and Insurance. The Community Banking segment offers services, which include accepting time and demand deposits, and originating commercial and consumer loans. The Wealth Management segment offers brokerage services, serves as executor and trustee under wills and deeds and as guardian and custodian of employee benefits and provides other trust services.
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