Media stories about MutualFirst Financial (NASDAQ:MFSF) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MutualFirst Financial earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned press coverage about the bank an impact score of 42.7327890755234 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- $0.49 EPS Expected for MutualFirst Financial Inc. (MFSF) This Quarter (americanbankingnews.com)
- MutualFirst Financial (MFSF) Earns “Hold” Rating from Keefe, Bruyette & Woods (americanbankingnews.com)
- MutualFirst Financial Inc. (MFSF) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
- MutualFirst Financial Inc. (MFSF) Director Jerry Dean Mcvicker Sells 1,621 Shares (americanbankingnews.com)
- MutualFirst Financial (MFSF) Cut to “Hold” at BidaskClub (americanbankingnews.com)
Several equities research analysts have commented on the stock. ValuEngine lowered shares of MutualFirst Financial from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $39.00 price objective on shares of MutualFirst Financial in a research report on Friday. Zacks Investment Research downgraded shares of MutualFirst Financial from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 13th. Finally, BidaskClub downgraded shares of MutualFirst Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Five analysts have rated the stock with a hold rating, The stock has a consensus rating of “Hold” and a consensus target price of $37.67.
MutualFirst Financial (NASDAQ:MFSF) last issued its quarterly earnings data on Tuesday, October 24th. The bank reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.01. The business had revenue of $16.70 million during the quarter, compared to the consensus estimate of $17.00 million. MutualFirst Financial had a net margin of 18.68% and a return on equity of 9.73%. sell-side analysts expect that MutualFirst Financial will post 1.94 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 22nd. Shareholders of record on Friday, December 8th were given a $0.18 dividend. The ex-dividend date of this dividend was Thursday, December 7th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.87%. This is an increase from MutualFirst Financial’s previous quarterly dividend of $0.16. MutualFirst Financial’s dividend payout ratio is 38.30%.
In other MutualFirst Financial news, insider Charles J. Viater sold 1,846 shares of the company’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $39.55, for a total value of $73,009.30. Following the completion of the transaction, the insider now owns 187,822 shares in the company, valued at $7,428,360.10. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Jerry Dean Mcvicker sold 3,599 shares of the company’s stock in a transaction dated Friday, October 27th. The stock was sold at an average price of $40.03, for a total transaction of $144,067.97. Following the completion of the transaction, the director now owns 36,550 shares of the company’s stock, valued at approximately $1,463,096.50. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,315 shares of company stock valued at $603,775. Insiders own 11.30% of the company’s stock.
MutualFirst Financial Company Profile
MutualFirst Financial, Inc (MutualFirst) is the bank holding company of MutualBank (MutualBank or the Bank). The Bank offers financial services through approximately 30 full service retail financial center offices in Allen, Delaware, Elkhart, Grant, Kosciusko, Randolph, Saint Joseph and Wabash counties in Indiana.
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