BB&T (BBT) Given Coverage Optimism Rating of 0.21

Press coverage about BB&T (NYSE:BBT) has trended somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. BB&T earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave press coverage about the insurance provider an impact score of 44.9619174461418 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:

Shares of BB&T stock opened at $54.72 on Thursday. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.87 and a quick ratio of 0.86. The firm has a market cap of $42,533.63, a PE ratio of 19.97, a price-to-earnings-growth ratio of 1.26 and a beta of 1.03. BB&T has a 1 year low of $41.17 and a 1 year high of $56.31.

BB&T (NYSE:BBT) last posted its quarterly earnings data on Thursday, January 18th. The insurance provider reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.04. The firm had revenue of $2.87 billion during the quarter, compared to analysts’ expectations of $2.86 billion. BB&T had a net margin of 19.25% and a return on equity of 9.93%. The company’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.72 EPS. equities research analysts forecast that BB&T will post 3.92 earnings per share for the current fiscal year.

The business also recently disclosed a None dividend, which was paid on Tuesday, March 20th. Shareholders of record on Tuesday, March 6th were given a $0.045 dividend. This represents a yield of 2.37%. The ex-dividend date of this dividend was Monday, March 5th. BB&T’s payout ratio is presently 48.18%.

A number of equities analysts have recently commented on BBT shares. Citigroup raised shares of BB&T from a “market perform” rating to an “outperform” rating and set a $58.00 price objective for the company in a report on Tuesday, January 9th. Morgan Stanley raised shares of BB&T from an “underweight” rating to an “equal weight” rating and set a $50.00 price objective for the company in a report on Monday, January 8th. Raymond James Financial raised shares of BB&T from a “market perform” rating to an “outperform” rating in a report on Tuesday, January 9th. Piper Jaffray Companies reaffirmed a “hold” rating and set a $53.00 price objective on shares of BB&T in a report on Tuesday, January 9th. Finally, ValuEngine raised shares of BB&T from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Sixteen research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $53.81.

In other BB&T news, Chairman Kelly S. King sold 60,000 shares of the firm’s stock in a transaction dated Friday, January 19th. The shares were sold at an average price of $54.68, for a total value of $3,280,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Louis B. Lynn sold 3,646 shares of the firm’s stock in a transaction dated Monday, January 22nd. The shares were sold at an average price of $54.63, for a total transaction of $199,180.98. The disclosure for this sale can be found here. Insiders sold a total of 170,078 shares of company stock valued at $9,316,414 in the last 90 days. Corporate insiders own 0.36% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “BB&T (BBT) Given Coverage Optimism Rating of 0.21” was originally reported by BBNS and is the sole property of of BBNS. If you are reading this report on another site, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this report can be viewed at https://baseballnewssource.com/2018/03/22/somewhat-positive-press-coverage-somewhat-unlikely-to-affect-bbt-bbt-stock-price/1926799.html.

About BB&T

BB&T Corporation operates as a financial holding company that provides various banking and trust services for small and mid-size businesses, public agencies, local governments, and individuals. The company operates through four segments: CB-Retail, CB-Commercial, IH&PF, and FS&CF. Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts.

Insider Buying and Selling by Quarter for BB&T (NYSE:BBT)

Receive News & Ratings for BB&T Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BB&T and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Tampa Bay Starting Relievers In Place of Starters
Tampa Bay Starting Relievers In Place of Starters
Teen Juan Soto Hits Home Run in First At-Bat
Teen Juan Soto Hits Home Run in First At-Bat
Ji-Man Choi Receives Another Chance in Milwaukee
Ji-Man Choi Receives Another Chance in Milwaukee
Marlins vs Dodgers sets a 10-year record in MGM sportsbooks
Marlins vs Dodgers sets a 10-year record in MGM sportsbooks
Strikeouts Once Again Plaguing Cubs
Strikeouts Once Again Plaguing Cubs
Atlanta Braves: A Mix of Young and Old
Atlanta Braves: A Mix of Young and Old


Leave a Reply

 
© 2006-2018 BBNS.