MainSource Financial Group (MSFG) Getting Somewhat Favorable Media Coverage, Analysis Finds

Press coverage about MainSource Financial Group (NASDAQ:MSFG) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than 20 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 nearest to one being the most favorable. MainSource Financial Group earned a news sentiment score of 0.18 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 45.4637205497355 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Several equities analysts have recently weighed in on the stock. Zacks Investment Research raised shares of MainSource Financial Group from a “hold” rating to a “strong-buy” rating and set a $43.00 price target on the stock in a research note on Saturday, December 30th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $44.50 price target on shares of MainSource Financial Group in a research note on Friday, December 22nd. Finally, BidaskClub downgraded shares of MainSource Financial Group from a “buy” rating to a “hold” rating in a research note on Friday, December 22nd.

Shares of MainSource Financial Group (NASDAQ MSFG) opened at $37.15 on Friday. MainSource Financial Group has a 12-month low of $30.82 and a 12-month high of $40.67. The stock has a market cap of $949.88, a PE ratio of 20.87 and a beta of 0.93. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.92 and a current ratio of 0.93.

MainSource Financial Group (NASDAQ:MSFG) last released its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.54 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.55 by ($0.01). MainSource Financial Group had a return on equity of 10.65% and a net margin of 21.86%. The firm had revenue of $50.43 million for the quarter, compared to analyst estimates of $54.10 million. analysts predict that MainSource Financial Group will post 2.09 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Tuesday, December 5th were given a dividend of $0.18 per share. This is a boost from MainSource Financial Group’s previous quarterly dividend of $0.17. This represents a $0.72 annualized dividend and a yield of 1.94%. The ex-dividend date of this dividend was Monday, December 4th. MainSource Financial Group’s dividend payout ratio (DPR) is presently 18.54%.

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MainSource Financial Group Company Profile

MainSource Financial Group, Inc is a bank holding company. The Company operates a banking subsidiary, MainSource Bank (the Bank), an Indiana state-chartered bank. Through the Bank, the Company offers a range of financial services, including accepting time and transaction deposits; making consumer, commercial, agribusiness and real estate mortgage loans; renting safe deposit facilities; providing personal and corporate trust services, and providing other corporate services, such as letters of credit and repurchase agreements.

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