Media headlines about Sussex Bancorp (NASDAQ:SBBX) have trended somewhat positive on Wednesday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sussex Bancorp earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 44.5528736044008 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Sussex Bancorp (NASDAQ SBBX) traded up $0.05 during trading hours on Wednesday, hitting $31.25. The stock had a trading volume of 3,498 shares, compared to its average volume of 17,912. Sussex Bancorp has a 1 year low of $19.75 and a 1 year high of $32.85. The stock has a market capitalization of $244.10, a PE ratio of 28.41 and a beta of 0.50. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.03 and a current ratio of 1.03.
Sussex Bancorp (NASDAQ:SBBX) last announced its quarterly earnings data on Tuesday, January 30th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.04. Sussex Bancorp had a return on equity of 9.29% and a net margin of 12.94%. The firm had revenue of $9.83 million during the quarter, compared to analysts’ expectations of $9.80 million. research analysts expect that Sussex Bancorp will post 1.83 EPS for the current fiscal year.
Several research analysts have recently issued reports on SBBX shares. Keefe, Bruyette & Woods restated a “buy” rating and issued a $32.50 price objective on shares of Sussex Bancorp in a research note on Friday, December 22nd. ValuEngine upgraded Sussex Bancorp from a “hold” rating to a “buy” rating in a research note on Thursday, February 8th. Zacks Investment Research upgraded Sussex Bancorp from a “sell” rating to a “hold” rating and set a $30.00 price objective for the company in a research note on Saturday, December 30th. Finally, Hovde Group cut Sussex Bancorp from an “outperform” rating to a “market perform” rating and set a $33.00 price objective for the company. in a research note on Monday, March 5th.
In other news, CEO George Lista sold 2,000 shares of the firm’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $29.11, for a total value of $58,220.00. Following the completion of the transaction, the chief executive officer now directly owns 78,553 shares in the company, valued at $2,286,677.83. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 17.60% of the company’s stock.
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About Sussex Bancorp
Sussex Bancorp is a bank holding company for Sussex Bank (the Bank). The Company’s primary business is the ownership and supervision of the Bank. The Company has two business segments: banking and financial services, and insurance services. The Company, through the Bank, conducts a traditional commercial banking business, and offer services, including personal and business checking accounts and time deposits, money market accounts and savings accounts.
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