Media stories about Peoples Bancorp (NASDAQ:PEBO) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Peoples Bancorp earned a media sentiment score of 0.01 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 47.0621607628586 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Peoples Bancorp Inc. (PEBO) Expected to Announce Earnings of $0.49 Per Share (americanbankingnews.com)
- ASB FINANCIAL INVESTOR ALERT BY THE FORMER… (benzinga.com)
- Peoples Bancorp Inc. (PEBO) Downgraded by Zacks Investment Research (americanbankingnews.com)
- Equities Analysts Issue Forecasts for Peoples Bancorp Inc.’s FY2019 Earnings (PEBO) (americanbankingnews.com)
- Peoples Bancorp Inc. Expected to Post FY2018 Earnings of $1.81 Per Share (PEBO) (americanbankingnews.com)
Shares of Peoples Bancorp (PEBO) traded down 2.69% during trading on Monday, hitting $33.23. The company had a trading volume of 39,020 shares. The firm has a 50 day moving average of $33.16 and a 200 day moving average of $32.26. Peoples Bancorp has a 12-month low of $24.16 and a 12-month high of $35.43. The stock has a market cap of $598.67 million, a PE ratio of 17.96 and a beta of 0.78.
Peoples Bancorp (NASDAQ:PEBO) last posted its quarterly earnings data on Tuesday, October 24th. The bank reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. Peoples Bancorp had a return on equity of 7.99% and a net margin of 21.10%. The firm had revenue of $41.83 million for the quarter, compared to the consensus estimate of $41.96 million. On average, analysts forecast that Peoples Bancorp will post $2.09 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, November 17th. Stockholders of record on Friday, November 3rd will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date is Thursday, November 2nd. Peoples Bancorp’s dividend payout ratio (DPR) is currently 43.56%.
Several brokerages have recently issued reports on PEBO. Zacks Investment Research cut Peoples Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday. Boenning Scattergood reiterated a “hold” rating on shares of Peoples Bancorp in a research report on Wednesday, October 25th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $34.00 price target on shares of Peoples Bancorp in a research report on Tuesday, October 3rd. Finally, BidaskClub cut Peoples Bancorp from a “sell” rating to a “strong sell” rating in a research report on Friday, July 28th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company’s stock. Peoples Bancorp has an average rating of “Hold” and an average price target of $35.00.
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In other news, Director S Craig Beam sold 975 shares of the stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $34.00, for a total value of $33,150.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last three months, insiders sold 12,987 shares of company stock worth $436,142. 3.04% of the stock is currently owned by company insiders.
About Peoples Bancorp
Peoples Bancorp Inc is a financial holding company. The Company operates principally through its subsidiary, Peoples Bank. Peoples Bank’s operating subsidiaries include Peoples Insurance Agency, LLC (Peoples Insurance) and two asset management companies, PBNA, LLC. and Peoples Tax Credit Equity, LLC.
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