Media headlines about UMB Financial Corp (NASDAQ:UMBF) have been trending somewhat positive on Friday, according to Alpha One Sentiment. Alpha One, a subsidiary of Accern, ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. UMB Financial Corp earned a media sentiment score of 0.22 on Alpha One’s scale. Alpha One also assigned headlines about the bank an impact score of 68 out of 100, meaning that recent media coverage is likely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have effected Alpha One Sentiment Analysis’s rankings:
- Raymond James To Buy UMB Units (thetrustadvisor.com)
- UMB Financial Corp’s (UMBF) Hold Rating Reiterated at FBR & Co (americanbankingnews.com)
- UMB Financial : Announces Annual Meeting of Shareholders Available by Webcast and Telephone (4-traders.com)
- UMB Announces Annual Meeting of Shareholders Available by Webcast and Telephone (finance.yahoo.com)
- UMB Financial : agrees to sell Scout mutual fund business (4-traders.com)
Shares of UMB Financial Corp (NASDAQ:UMBF) traded down 0.38% during trading on Friday, reaching $75.23. 121,332 shares of the company’s stock were exchanged. The stock has a market cap of $3.75 billion, a PE ratio of 23.36 and a beta of 0.81. The stock’s 50 day moving average price is $74.98 and its 200-day moving average price is $73.20. UMB Financial Corp has a 52-week low of $48.87 and a 52-week high of $81.55.
UMB Financial Corp (NASDAQ:UMBF) last issued its earnings results on Tuesday, January 24th. The bank reported $0.91 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.85 by $0.06. The business had revenue of $247.79 million for the quarter, compared to analyst estimates of $249.56 million. UMB Financial Corp had a net margin of 15.86% and a return on equity of 8.37%. During the same period in the prior year, the firm earned $0.70 earnings per share. On average, equities research analysts forecast that UMB Financial Corp will post $3.67 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Monday, April 3rd. Investors of record on Friday, March 10th were paid a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend was Wednesday, March 8th. UMB Financial Corp’s dividend payout ratio is presently 31.68%.
A number of brokerages have issued reports on UMBF. FBR & Co reaffirmed a “hold” rating on shares of UMB Financial Corp in a research note on Friday. Stephens reaffirmed a “hold” rating on shares of UMB Financial Corp in a research note on Thursday. Wells Fargo & Co began coverage on shares of UMB Financial Corp in a research note on Friday, January 6th. They issued a “market perform” rating on the stock. Keefe, Bruyette & Woods set a $75.00 price objective on shares of UMB Financial Corp and gave the company a “hold” rating in a research note on Tuesday, April 4th. Finally, Piper Jaffray Companies cut shares of UMB Financial Corp from an “overweight” rating to a “neutral” rating and set a $78.00 price objective on the stock. in a research note on Tuesday, January 10th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. UMB Financial Corp currently has an average rating of “Hold” and an average price target of $75.80.
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UMB Financial Corp Company Profile
UMB Financial Corporation is a diversified financial holding company. The Company supplies banking services, institutional investment management, asset servicing and payment solutions to its customers in the United States and around the globe. The Company’s segments include Bank, which provides a range of banking services to commercial, retail, government and correspondent bank customers through the Company’s branches, call center, Internet banking and automated teller machine network; Institutional Investment Management, which provides equity and fixed income investment strategies in the intermediary and institutional markets, and Asset Servicing, which provides services to the asset management industry, supporting a range of investment products, including mutual funds, alternative investments and managed accounts.
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