News coverage about MidSouth Bancorp (NYSE:MSL) has been trending somewhat negative on Thursday, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. MidSouth Bancorp earned a news impact score of -0.03 on Accern’s scale. Accern also assigned news coverage about the bank an impact score of 48.398988152006 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of MidSouth Bancorp (MSL) traded up $0.05 on Thursday, reaching $15.00. 23,400 shares of the company were exchanged, compared to its average volume of 43,891. MidSouth Bancorp has a 52-week low of $11.05 and a 52-week high of $16.60. The stock has a market capitalization of $248.23, a PE ratio of -83.33 and a beta of 1.09. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.11.
MidSouth Bancorp (NYSE:MSL) last announced its quarterly earnings results on Tuesday, October 24th. The bank reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. MidSouth Bancorp had a net margin of 0.94% and a return on equity of 1.43%. The firm had revenue of $24.30 million during the quarter, compared to analysts’ expectations of $23.32 million. analysts anticipate that MidSouth Bancorp will post -0.09 earnings per share for the current fiscal year.
MSL has been the subject of a number of research reports. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $12.00 price target on shares of MidSouth Bancorp in a research report on Wednesday, October 4th. Zacks Investment Research raised shares of MidSouth Bancorp from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a research report on Wednesday, October 25th. Finally, ValuEngine cut shares of MidSouth Bancorp from a “hold” rating to a “sell” rating in a research report on Friday, December 22nd. Four 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. MidSouth Bancorp has an average rating of “Hold” and an average target price of $14.00.
In other MidSouth Bancorp news, Director C R. Cloutier sold 6,700 shares of MidSouth Bancorp stock in a transaction on Monday, November 6th. The shares were sold at an average price of $13.51, for a total value of $90,517.00. Following the transaction, the director now directly owns 220,342 shares in the company, valued at $2,976,820.42. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director C R. Cloutier sold 3,300 shares of MidSouth Bancorp stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $13.51, for a total transaction of $44,583.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 38,364 shares of company stock worth $507,019. 19.84% of the stock is currently owned by company insiders.
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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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