Headlines about First Financial Bankshares (NASDAQ:FFIN) have trended somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. First Financial Bankshares earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 45.0182824581422 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the headlines that may have impacted Accern’s rankings:
First Financial Bankshares (NASDAQ FFIN) traded down $0.25 during trading on Friday, hitting $46.70. The company had a trading volume of 279,458 shares, compared to its average volume of 244,476. First Financial Bankshares has a 12-month low of $36.85 and a 12-month high of $48.85. The stock has a market capitalization of $3,077.80 and a P/E ratio of 25.80.
First Financial Bankshares (NASDAQ:FFIN) last posted its quarterly earnings results on Thursday, January 25th. The bank reported $0.43 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.44 by ($0.01). First Financial Bankshares had a net margin of 35.72% and a return on equity of 12.61%. The business had revenue of $83.20 million during the quarter, compared to analysts’ expectations of $90.40 million. research analysts predict that First Financial Bankshares will post 2.14 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, April 2nd. Investors of record on Thursday, March 15th will be paid a $0.19 dividend. The ex-dividend date is Wednesday, March 14th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.63%. First Financial Bankshares’s dividend payout ratio (DPR) is presently 41.99%.
Several research analysts have weighed in on FFIN shares. Sandler O’Neill reiterated a “sell” rating and issued a $40.00 target price on shares of First Financial Bankshares in a research note on Friday, January 26th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $42.00 target price on shares of First Financial Bankshares in a research note on Friday, October 20th. Zacks Investment Research downgraded First Financial Bankshares from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. BidaskClub downgraded First Financial Bankshares from a “buy” rating to a “hold” rating in a research note on Tuesday, December 5th. Finally, Hovde Group set a $46.00 target price on First Financial Bankshares and gave the company a “hold” rating in a research note on Monday. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $44.14.
In related news, Director David L. Copeland sold 1,368 shares of First Financial Bankshares stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $45.52, for a total value of $62,271.36. Following the sale, the director now directly owns 33,379 shares in the company, valued at $1,519,412.08. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Steven L. Beal sold 15,973 shares of the business’s stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $47.37, for a total value of $756,641.01. Following the sale, the director now owns 1,465 shares in the company, valued at $69,397.05. The disclosure for this sale can be found here. 5.04% of the stock is owned by insiders.
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First Financial Bankshares Company Profile
First Financial Bankshares, Inc is a financial holding company. The Company, through its subsidiaries, conducts commercial banking business. The Company’s subsidiaries included First Financial Bank, National Association, Abilene, Texas; First Technology Services, Inc, Abilene, Texas; First Financial Trust & Asset Management Company, National Association, Abilene, Texas; First Financial Investments, Inc, Abilene, Texas, First Financial Insurance Agency, Inc, Abilene, Texas, Commercial Bancshares, Inc, and Commercial State Bank, Kingwood, Texas.
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