Somewhat Positive Press Coverage Somewhat Unlikely to Affect Sussex Bancorp (SBBX) Share Price

News articles about Sussex Bancorp (NASDAQ:SBBX) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sussex Bancorp earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 44.5528736044008 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

SBBX has been the subject of a number of research analyst reports. Zacks Investment Research raised Sussex Bancorp from a “sell” rating to a “hold” rating and set a $30.00 price target for the company in a report on Saturday, December 30th. Keefe, Bruyette & Woods cut Sussex Bancorp from an “outperform” rating to a “market perform” rating in a report on Tuesday, February 27th. Hovde Group cut Sussex Bancorp from an “outperform” rating to a “market perform” rating and set a $33.00 price target for the company. in a report on Monday, March 5th. Finally, ValuEngine cut Sussex Bancorp from a “buy” rating to a “hold” rating in a report on Thursday, March 1st.

SBBX stock traded down $0.20 during midday trading on Thursday, reaching $30.00. 38,723 shares of the stock were exchanged, compared to its average volume of 20,733. The firm has a market capitalization of $237.89, a P/E ratio of 21.13 and a beta of 0.44. Sussex Bancorp has a 52 week low of $19.75 and a 52 week high of $32.85. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.67.

Sussex Bancorp (NASDAQ:SBBX) last issued its quarterly earnings data on Tuesday, January 30th. The financial services provider reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.04. The business had revenue of $9.83 million for the quarter, compared to analyst estimates of $9.80 million. Sussex Bancorp had a return on equity of 8.98% and a net margin of 12.94%. equities research analysts expect that Sussex Bancorp will post 1.83 EPS for the current fiscal year.

In other Sussex Bancorp news, CEO George Lista sold 2,000 shares of the company’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $29.11, for a total value of $58,220.00. Following the sale, the chief executive officer now owns 78,553 shares in the company, valued at approximately $2,286,677.83. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 10.50% of the company’s stock.

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About Sussex Bancorp

Sussex Bancorp operates as a bank holding company for Sussex Bank that provides commercial banking and related financial services to individual, business, and government customers. It operates through two segments, Banking and Financial Services; and Insurance Services. The company's deposit products include personal and business checking accounts, time deposits, money market accounts, savings accounts, NOW accounts, and demand deposits.

Insider Buying and Selling by Quarter for Sussex Bancorp (NASDAQ:SBBX)

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