Media headlines about MidSouth Bancorp (NYSE:MSL) have trended positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MidSouth Bancorp earned a media sentiment score of 0.28 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 44.9424195794538 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several equities analysts recently weighed in on the company. Hovde Group downgraded MidSouth Bancorp from an “outperform” rating to a “market perform” rating and set a $15.00 target price on the stock. in a research report on Wednesday, January 31st. Zacks Investment Research upgraded MidSouth Bancorp from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a research report on Wednesday, January 31st. Finally, ValuEngine downgraded MidSouth Bancorp from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $14.60.
MidSouth Bancorp (MSL) traded down $0.14 during trading hours on Wednesday, hitting $13.30. The company had a trading volume of 7,471 shares, compared to its average volume of 50,280. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.11. MidSouth Bancorp has a 12 month low of $11.05 and a 12 month high of $16.60. The stock has a market capitalization of $224.24, a P/E ratio of -13.15 and a beta of 1.28.
The firm also recently announced a quarterly dividend, which will be paid on Monday, April 2nd. Stockholders of record on Thursday, March 15th will be paid a dividend of $0.01 per share. The ex-dividend date is Wednesday, March 14th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.30%. MidSouth Bancorp’s dividend payout ratio is -4.00%.
In other MidSouth Bancorp news, Director Andrew G. Hargroder sold 3,000 shares of the company’s stock in a transaction on Monday, February 5th. The stock was sold at an average price of $14.00, for a total transaction of $42,000.00. Following the completion of the sale, the director now owns 194,142 shares in the company, valued at $2,717,988. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director C R. Cloutier sold 5,000 shares of the company’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $14.28, for a total value of $71,400.00. Following the sale, the director now owns 211,142 shares of the company’s stock, valued at approximately $3,015,107.76. The disclosure for this sale can be found here. In the last three months, insiders sold 26,000 shares of company stock worth $345,185. 19.84% of the stock is owned by insiders.
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MidSouth Bancorp Company Profile
MidSouth Bancorp, Inc is a financial holding company. The Company operates primarily through its wholly owned bank subsidiary, MidSouth Bank, N.A. The Company is operating principally in the community banking business by providing banking services to commercial and retail customers through the Bank. The Bank is community oriented and focuses primarily on offering commercial and consumer loan and deposit services to individuals and small to middle market businesses in Louisiana, and central and east Texas.
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