Headlines about Bank of Hawaii (NYSE:BOH) have trended somewhat positive this week, according to Accern. The research group identifies negative and positive media 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 one, with scores closest to one being the most favorable. Bank of Hawaii earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 45.7238051593741 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news articles that may have impacted Accern’s scoring:
Shares of NYSE:BOH opened at $83.48 on Thursday. The company has a market cap of $3.58 billion, a P/E ratio of 18.93, a P/E/G ratio of 1.89 and a beta of 0.80. Bank of Hawaii has a 1 year low of $74.72 and a 1 year high of $89.09. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.67 and a current ratio of 0.67.
Bank of Hawaii (NYSE:BOH) last issued its quarterly earnings results on Monday, April 23rd. The bank reported $1.28 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.23 by $0.05. The business had revenue of $162.99 million for the quarter, compared to the consensus estimate of $160.91 million. Bank of Hawaii had a return on equity of 15.56% and a net margin of 27.19%. During the same quarter in the prior year, the business posted $1.20 earnings per share. analysts anticipate that Bank of Hawaii will post 5.26 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, June 14th. Shareholders of record on Thursday, May 31st were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date was Wednesday, May 30th. This is an increase from Bank of Hawaii’s previous quarterly dividend of $0.52. Bank of Hawaii’s dividend payout ratio (DPR) is currently 54.42%.
Separately, Zacks Investment Research downgraded Bank of Hawaii from a “hold” rating to a “sell” rating in a research report on Monday. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $90.92.
About Bank of Hawaii
Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii that provides financial products and services in Hawaii, Guam, and other Pacific Islands. It operates through four segments: Retail Banking, Commercial Banking, Investment Services and Private Banking, and Treasury and Other.
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