Media headlines about Triumph Bancorp (NASDAQ:TBK) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Triumph Bancorp earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 44.4643773519836 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
TBK has been the topic of several research reports. ValuEngine raised shares of Triumph Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, March 2nd. Piper Jaffray Companies reissued a “buy” rating and set a $49.00 price objective on shares of Triumph Bancorp in a research report on Thursday, March 15th. BidaskClub raised shares of Triumph Bancorp from a “hold” rating to a “buy” rating in a research report on Monday, March 5th. Wells Fargo & Co downgraded shares of Triumph Bancorp from an “outperform” rating to a “market perform” rating and set a $43.00 price objective on the stock. in a research report on Thursday, April 5th. Finally, Zacks Investment Research downgraded shares of Triumph Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, April 13th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Triumph Bancorp has a consensus rating of “Buy” and an average price target of $40.22.
Shares of TBK stock traded down $0.50 during mid-day trading on Thursday, hitting $42.20. The stock had a trading volume of 948 shares, compared to its average volume of 170,790. Triumph Bancorp has a fifty-two week low of $22.70 and a fifty-two week high of $44.05. The stock has a market capitalization of $1.09 billion, a PE ratio of 26.88, a price-to-earnings-growth ratio of 1.58 and a beta of 0.94. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.01 and a current ratio of 1.01.
Triumph Bancorp (NASDAQ:TBK) last released its earnings results on Wednesday, April 18th. The financial services provider reported $0.52 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.58 by ($0.06). Triumph Bancorp had a return on equity of 11.67% and a net margin of 17.71%. The firm had revenue of $52.30 million during the quarter, compared to analyst estimates of $52.34 million. equities analysts forecast that Triumph Bancorp will post 2.4 earnings per share for the current fiscal year.
In related news, Director Michael P. Rafferty acquired 750 shares of Triumph Bancorp stock in a transaction that occurred on Monday, May 14th. The stock was purchased at an average price of $39.70 per share, for a total transaction of $29,775.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Aaron P. Graft sold 135,000 shares of the firm’s stock in a transaction dated Tuesday, May 15th. The shares were sold at an average price of $39.50, for a total transaction of $5,332,500.00. The disclosure for this sale can be found here. 9.40% of the stock is currently owned by company insiders.
Triumph Bancorp Company Profile
Triumph Bancorp, Inc operates as a financial holding company for TBK Bank, SSB that provides banking and commercial finance products and services to retail customers and small-to-mid-sized businesses in the United States. The company operates through Banking, Factoring, and Corporate segments. It offers depository products, including checking, savings, and money market accounts, as well as certificates of deposit; and commercial and industrial loans, loans to purchase capital equipment, and business loans for working capital and operational purposes.
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