MidSouth Bancorp (MSL) Earning Somewhat Favorable News Coverage, Analysis Finds

News articles about MidSouth Bancorp (NYSE:MSL) have been trending somewhat positive on Tuesday, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. MidSouth Bancorp earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 44.3630113534259 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

A number of research firms have recently commented on MSL. Zacks Investment Research upgraded MidSouth Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, August 9th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $12.00 price objective on shares of MidSouth Bancorp in a research report on Wednesday, October 4th. Finally, Sandler O’Neill reiterated a “buy” rating and set a $14.00 price target on shares of MidSouth Bancorp in a research report on Tuesday, September 5th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $15.33.

MidSouth Bancorp (NYSE:MSL) opened at $13.55 on Tuesday. MidSouth Bancorp has a 12 month low of $11.05 and a 12 month high of $16.60. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.84 and a current ratio of 0.84.

MidSouth Bancorp (NYSE:MSL) last posted its quarterly earnings data on Tuesday, October 24th. The bank reported $0.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.01. The firm had revenue of $24.30 million for the quarter, compared to the consensus estimate of $23.32 million. MidSouth Bancorp had a return on equity of 1.54% and a net margin of 6.86%. equities research analysts anticipate that MidSouth Bancorp will post -0.06 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Friday, December 15th will be issued a $0.01 dividend. The ex-dividend date is Thursday, December 14th. This represents a $0.04 annualized dividend and a dividend yield of 0.30%. MidSouth Bancorp’s dividend payout ratio is presently -21.05%.

In other news, Director C R. Cloutier sold 6,700 shares of the stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $13.51, for a total value of $90,517.00. Following the transaction, the director now owns 220,342 shares in the company, valued at approximately $2,976,820.42. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director C R. Cloutier sold 8,124 shares of the stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $13.77, for a total value of $111,867.48. The disclosure for this sale can be found here. Insiders sold a total of 38,364 shares of company stock worth $507,019 in the last quarter. Company insiders own 19.84% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for MidSouth Bancorp (NYSE:MSL)

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