Media headlines about MB Financial (NASDAQ:MBFI) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. MB Financial earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 45.4730675911328 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
Shares of MB Financial (NASDAQ MBFI) traded up 0.22% during midday trading on Friday, hitting $45.02. 475,711 shares of the stock traded hands. The stock has a market cap of $3.77 billion, a price-to-earnings ratio of 20.54 and a beta of 1.14. MB Financial has a one year low of $35.00 and a one year high of $48.47. The firm has a 50-day moving average price of $40.22 and a 200 day moving average price of $42.12.
MB Financial (NASDAQ:MBFI) last posted its quarterly earnings results on Thursday, July 20th. The bank reported $0.54 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.64 by ($0.10). MB Financial had a net margin of 19.12% and a return on equity of 7.99%. The business had revenue of $239.51 million during the quarter, compared to analyst estimates of $247.39 million. During the same period last year, the firm posted $0.58 earnings per share. Analysts anticipate that MB Financial will post $2.44 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 1.87%. The ex-dividend date was Thursday, September 14th. MB Financial’s dividend payout ratio (DPR) is presently 38.36%.
MBFI has been the subject of several research analyst reports. Keefe, Bruyette & Woods restated a “hold” rating and issued a $45.00 price objective on shares of MB Financial in a research note on Tuesday, August 29th. Jefferies Group LLC restated a “hold” rating and issued a $48.00 price objective on shares of MB Financial in a research note on Friday, September 15th. BidaskClub downgraded shares of MB Financial from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Piper Jaffray Companies downgraded shares of MB Financial from an “overweight” rating to a “neutral” rating and set a $44.00 price objective for the company. in a research note on Friday, July 21st. Finally, ValuEngine downgraded shares of MB Financial from a “buy” rating to a “hold” rating in a research note on Saturday, June 3rd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. MB Financial currently has an average rating of “Hold” and a consensus target price of $47.56.
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In other MB Financial news, Director Ronald D. Santo sold 2,542 shares of the business’s stock in a transaction dated Wednesday, August 30th. The shares were sold at an average price of $39.78, for a total transaction of $101,120.76. Following the completion of the transaction, the director now directly owns 59,505 shares of the company’s stock, valued at approximately $2,367,108.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 7.05% of the company’s stock.
About MB Financial
MB Financial, Inc (MB Financial) is a financial holding company. The Company’s segments include banking, leasing and mortgage banking. As of December 31, 2016, the Company’s primary market was the Chicago metropolitan area, in which the Company operated 95 banking offices through its bank subsidiary, MB Financial Bank, N.A.
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