Media coverage about Simmons First National (NASDAQ:SFNC) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Simmons First National earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 45.9028555884084 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Simmons First National (SFNC) traded up $0.15 during trading hours on Friday, reaching $59.50. 208,893 shares of the company were exchanged, compared to its average volume of 380,493. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.47. Simmons First National has a 1-year low of $49.75 and a 1-year high of $61.95. The firm has a market cap of $2,740.00, a price-to-earnings ratio of 18.83 and a beta of 1.14.
The business also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Shareholders of record on Friday, December 15th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date was Thursday, December 14th. Simmons First National’s dividend payout ratio (DPR) is presently 31.65%.
Several brokerages recently commented on SFNC. Sandler O’Neill restated a “hold” rating and issued a $62.00 price target on shares of Simmons First National in a research report on Tuesday, October 24th. Zacks Investment Research upgraded shares of Simmons First National from a “hold” rating to a “buy” rating and set a $66.00 target price for the company in a research report on Saturday. BidaskClub upgraded shares of Simmons First National from a “sell” rating to a “hold” rating in a research report on Thursday. Finally, Piper Jaffray Companies restated a “neutral” rating and set a $60.00 price target on shares of Simmons First National in a research note on Thursday, October 5th. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Simmons First National currently has a consensus rating of “Hold” and a consensus price target of $62.80.
In other news, EVP Barry K. Ledbetter sold 1,900 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $57.37, for a total transaction of $109,003.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Vernon Wilson Jr. Bryant sold 22,888 shares of the firm’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $54.87, for a total transaction of $1,255,864.56. Following the transaction, the insider now directly owns 211,353 shares of the company’s stock, valued at $11,596,939.11. The disclosure for this sale can be found here. Over the last three months, insiders sold 349,122 shares of company stock valued at $19,827,028. Insiders own 4.63% of the company’s stock.
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About Simmons First National
Simmons First National Corporation is a financial holding company. The Company, through its subsidiary bank, Simmons Bank, provides financial services to individuals and businesses throughout the market areas they serve. As of December 31, 2016, Simmons Bank conducted banking operations through 150 financial centers located in communities throughout Arkansas, Kansas, Missouri, Tennessee, Colorado, Oklahoma and Texas.
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