HopFed Bancorp (HFBC) Receives Media Sentiment Rating of 0.23

Media coverage about HopFed Bancorp (NASDAQ:HFBC) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. HopFed Bancorp earned a news sentiment score of 0.23 on Accern’s scale. Accern also gave news headlines about the savings and loans company an impact score of 47.1474819151721 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

HopFed Bancorp (NASDAQ:HFBC) traded up $0.24 during midday trading on Tuesday, reaching $14.63. 287,700 shares of the company’s stock were exchanged, compared to its average volume of 23,297. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.86 and a quick ratio of 0.86. The firm has a market capitalization of $95.52, a PE ratio of 24.80 and a beta of 0.18. HopFed Bancorp has a 1 year low of $13.51 and a 1 year high of $16.29.

The firm also recently announced a quarterly dividend, which was paid on Friday, January 26th. Shareholders of record on Friday, January 5th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date was Thursday, January 4th. HopFed Bancorp’s dividend payout ratio (DPR) is presently 33.90%.

HopFed Bancorp announced that its board has initiated a share buyback plan on Thursday, November 16th that allows the company to repurchase 300,000 shares. This repurchase authorization allows the savings and loans company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

Separately, Zacks Investment Research upgraded shares of HopFed Bancorp from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research note on Wednesday, November 1st.

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About HopFed Bancorp

HopFed Bancorp, Inc is a savings and loan holding company that operates through its subsidiary, Heritage Bank USA, Inc (the Bank). The Bank is a Kentucky state chartered commercial bank based in Hopkinsville, Kentucky, with branch offices in Kentucky and Tennessee. The business of the Bank primarily consists of attracting deposits from the general public and investing such deposits in loans secured by single family residential real estate and investment securities, including United States Government and agency securities, municipal and corporate bonds, collateralized mortgages obligations (CMOs), and mortgage-backed securities.

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