Media headlines about MB Financial (NASDAQ:MBFI) have been trending somewhat positive on Saturday, Accern reports. Accern ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. MB Financial earned a news impact score of 0.20 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 45.1880691392273 out of 100, meaning that recent press 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 Analysis’s analysis:
- Hovde Group Reiterates $49.00 Price Target for MB Financial (MBFI) (americanbankingnews.com)
- FY2017 EPS Estimates for MB Financial Inc (MBFI) Reduced by Analyst (americanbankingnews.com)
- Comparing MB Financial (MBFI) and 1st Century Bancshares (FCTY) (americanbankingnews.com)
- MB Financial, Inc. to Redeem Series A Preferred Stock (finance.yahoo.com)
- MB Financial Inc (MBFI) to Post FY2018 Earnings of $3.14 Per Share, Jefferies Group Forecasts (americanbankingnews.com)
Several research analysts recently commented on the stock. BidaskClub raised shares of MB Financial from a “sell” rating to a “hold” rating in a report on Thursday. Hovde Group set a $49.00 price objective on shares of MB Financial and gave the stock a “hold” rating in a report on Friday. Jefferies Group reaffirmed a “hold” rating and issued a $49.00 price objective on shares of MB Financial in a report on Thursday, October 12th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $45.00 price objective on shares of MB Financial in a report on Tuesday, October 3rd. Finally, SunTrust Banks reaffirmed a “buy” rating and issued a $52.00 price objective on shares of MB Financial in a report on Tuesday. Eight equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. MB Financial currently has a consensus rating of “Hold” and a consensus target price of $49.00.
MB Financial (NASDAQ:MBFI) last announced its quarterly earnings results on Thursday, October 19th. The bank reported $0.72 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.64 by $0.08. MB Financial had a net margin of 20.21% and a return on equity of 8.40%. The firm had revenue of $252.21 million during the quarter, compared to the consensus estimate of $253.15 million. During the same period last year, the firm earned $0.61 EPS. sell-side analysts forecast that MB Financial will post 2.46 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 15th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 1.79%. The ex-dividend date of this dividend was Thursday, December 14th. MB Financial’s payout ratio is 35.74%.
In other MB Financial news, insider Mark A. Heckler sold 13,804 shares of the firm’s stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $46.25, for a total value of $638,435.00. Following the completion of the transaction, the insider now directly owns 55,236 shares of the company’s stock, valued at approximately $2,554,665. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Jill E. York sold 5,000 shares of the firm’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $44.60, for a total transaction of $223,000.00. Following the completion of the transaction, the vice president now directly owns 65,430 shares of the company’s stock, valued at $2,918,178. The disclosure for this sale can be found here. 7.05% of the stock is owned by company insiders.
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MB Financial Company Profile
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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