Somewhat Favorable Press Coverage Somewhat Unlikely to Affect CNB Financial (CCNE) Stock Price

News headlines about CNB Financial (NASDAQ:CCNE) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by monitoring 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 nearest to one being the most favorable. CNB Financial earned a news sentiment score of 0.02 on Accern’s scale. Accern also gave press coverage about the bank an impact score of 45.7995398439092 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Shares of CNB Financial (NASDAQ:CCNE) opened at $28.29 on Monday. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.11. CNB Financial has a 1-year low of $20.91 and a 1-year high of $29.76. The company has a market capitalization of $432.37, a price-to-earnings ratio of 16.74 and a beta of 0.84.

CNB Financial (NASDAQ:CCNE) last released its earnings results on Thursday, October 19th. The bank reported $0.47 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $0.08. CNB Financial had a return on equity of 10.94% and a net margin of 20.28%. The business had revenue of $28.55 million for the quarter, compared to the consensus estimate of $28.52 million. sell-side analysts anticipate that CNB Financial will post 1.67 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date of this dividend is Thursday, November 30th. CNB Financial’s payout ratio is currently 39.05%.

CCNE has been the topic of several analyst reports. Zacks Investment Research downgraded CNB Financial from a “buy” rating to a “hold” rating in a report on Tuesday, September 19th. Boenning Scattergood reissued a “buy” rating on shares of CNB Financial in a report on Friday, October 20th. Finally, ValuEngine downgraded CNB Financial from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 14th.

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CNB Financial Company Profile

CNB Financial Corporation is a financial holding company. The Company is the holding company of CNB Bank (the Bank); CNB Securities Corporation, which maintains investments in debt and equity securities; CNB Insurance Agency, which provides for the sale of nonproprietary annuities and other insurance products, and Holiday Financial Services Corporation, which offers small balance unsecured loans and secured loans, primarily collateralized by automobiles and equipment.

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