News coverage about FCB Financial (NYSE:FCB) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FCB Financial earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 46.881737108231 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern Sentiment’s rankings:
Several equities analysts have issued reports on the company. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $51.00 price target on shares of FCB Financial in a research note on Tuesday, October 3rd. Zacks Investment Research lowered FCB Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Finally, Royal Bank of Canada reaffirmed a “buy” rating and set a $54.00 target price on shares of FCB Financial in a research report on Wednesday, October 25th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $54.60.
FCB Financial (FCB) traded up $0.70 during midday trading on Thursday, reaching $53.85. The company had a trading volume of 312,500 shares, compared to its average volume of 223,071. The stock has a market cap of $2,330.00, a price-to-earnings ratio of 18.25, a P/E/G ratio of 1.16 and a beta of 1.35. FCB Financial has a twelve month low of $39.90 and a twelve month high of $54.60. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.94 and a quick ratio of 0.93.
FCB Financial (NYSE:FCB) last announced its quarterly earnings data on Tuesday, October 24th. The bank reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.05. The firm had revenue of $84.21 million during the quarter, compared to the consensus estimate of $87.16 million. FCB Financial had a return on equity of 11.42% and a net margin of 34.09%. During the same quarter in the prior year, the company earned $0.60 EPS. research analysts anticipate that FCB Financial will post 2.84 EPS for the current fiscal year.
In other FCB Financial news, Vice Chairman Les J. Lieberman sold 7,418 shares of the firm’s stock in a transaction dated Friday, December 28th. The stock was sold at an average price of $52.13, for a total value of $386,700.34. Following the completion of the transaction, the insider now owns 305,616 shares in the company, valued at approximately $15,931,762.08. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Kent S. Ellert sold 18,946 shares of the firm’s stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $52.54, for a total value of $995,422.84. Following the completion of the transaction, the chief executive officer now owns 150,759 shares of the company’s stock, valued at approximately $7,920,877.86. The disclosure for this sale can be found here. Insiders sold a total of 682,619 shares of company stock valued at $35,094,671 in the last 90 days. Corporate insiders own 15.40% of the company’s stock.
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FCB Financial Company Profile
FCB Financial Holdings, Inc is a bank holding company with a national bank subsidiary, Florida Community Bank, National Association (the Bank). The Company operates in the Community Banking segment. Through the Bank, the Company provides a range of retail and commercial banking services. As of December 31, 2016, the Company provided a range of financial products and services to individuals, small and medium-sized businesses, some large businesses, and other local organizations and entities through 46 branches in south and central Florida.
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