Old Point Financial (OPOF) Getting Somewhat Positive News Coverage, Study Shows

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Headlines about Old Point Financial (NASDAQ:OPOF) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Old Point Financial earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 47.3996164636744 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Separately, TheStreet cut Old Point Financial from a “b” rating to a “c” rating in a report on Friday, February 2nd.

NASDAQ:OPOF opened at $26.18 on Friday. The stock has a market capitalization of $134.83, a price-to-earnings ratio of 35.69 and a beta of 0.06. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.91 and a current ratio of 0.91. Old Point Financial has a twelve month low of $24.07 and a twelve month high of $34.82.

Old Point Financial (NASDAQ:OPOF) last announced its quarterly earnings data on Friday, February 2nd. The bank reported $0.16 earnings per share for the quarter. The company had revenue of $11.11 million for the quarter. Old Point Financial had a positive return on equity of 3.77% and a negative net margin of 0.06%.

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Wednesday, February 28th were issued a dividend of $0.11 per share. The ex-dividend date was Tuesday, February 27th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.68%.

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About Old Point Financial

Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual, retail, and commercial customers. The company offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits.

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