News articles about MidSouth Bancorp (NYSE:MSL) have trended somewhat negative on Monday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MidSouth Bancorp earned a daily sentiment score of -0.01 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 47.5015366089945 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of MidSouth Bancorp (MSL) traded down $0.45 during mid-day trading on Monday, hitting $14.65. The company’s stock had a trading volume of 52,100 shares, compared to its average volume of 44,178. MidSouth Bancorp has a twelve month low of $11.05 and a twelve month high of $16.60. The stock has a market cap of $242.44, a PE ratio of -77.11 and a beta of 1.09. 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 (NYSE:MSL) last issued its quarterly earnings data on Tuesday, October 24th. The bank reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. The firm had revenue of $24.30 million during the quarter, compared to analysts’ expectations of $23.32 million. MidSouth Bancorp had a return on equity of 1.43% and a net margin of 0.94%. analysts forecast that MidSouth Bancorp will post -0.09 EPS for the current fiscal year.
Several brokerages have issued reports on MSL. Zacks Investment Research raised MidSouth Bancorp from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research report on Wednesday, October 25th. ValuEngine cut MidSouth Bancorp from a “hold” rating to a “sell” rating in a report on Friday, December 22nd. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $12.00 price target on shares of MidSouth Bancorp in a report on Wednesday, October 4th. Four research analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. MidSouth Bancorp currently has an average rating of “Hold” and an average price target of $14.00.
In related news, Director C R. Cloutier sold 6,700 shares of the company’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $13.51, for a total transaction of $90,517.00. Following the transaction, the director now directly owns 220,342 shares of the company’s stock, valued at approximately $2,976,820.42. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director C R. Cloutier sold 3,300 shares of the company’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $13.51, for a total value of $44,583.00. The disclosure for this sale can be found here. Insiders have sold a total of 38,364 shares of company stock valued at $507,019 over the last 90 days. 19.84% of the stock is currently owned by company insiders.
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About MidSouth Bancorp
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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