News coverage about FB Financial (NYSE:FBK) has been trending somewhat positive recently, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FB Financial earned a news impact score of 0.25 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 45.7598767780585 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of FBK traded down $0.41 during mid-day trading on Friday, hitting $40.71. 175,339 shares of the stock were exchanged, compared to its average volume of 111,380. The stock has a market capitalization of $1,243.12, a price-to-earnings ratio of 19.29 and a beta of 1.30. FB Financial has a 52-week low of $32.76 and a 52-week high of $45.43. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.95 and a quick ratio of 0.82.
FB Financial (NYSE:FBK) last issued its quarterly earnings data on Monday, January 22nd. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.06. The business had revenue of $86.00 million for the quarter, compared to analysts’ expectations of $79.79 million. FB Financial had a return on equity of 11.95% and a net margin of 16.84%. sell-side analysts expect that FB Financial will post 2.98 earnings per share for the current year.
A number of research firms recently commented on FBK. Zacks Investment Research cut FB Financial from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 13th. ValuEngine raised FB Financial from a “hold” rating to a “buy” rating in a report on Monday, February 5th. Finally, UBS began coverage on FB Financial in a report on Thursday, March 22nd. They issued a “neutral” rating and a $44.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. FB Financial currently has an average rating of “Hold” and an average target price of $42.17.
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About FB Financial
FB Financial Corporation operates as a holding company for FirstBank that provides a suite of commercial and consumer banking services to businesses, professionals, and individuals. The company operates in two segments, Banking and Mortgage. It provides demand, negotiable order of withdrawal, money market, certificates of deposit, and municipal and savings accounts, as well as time deposits.
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