Media stories about MB Financial (NASDAQ:MBFI) have been trending positive on Saturday, according to Alpha One. The research firm, a unit of Accern, identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. MB Financial earned a media sentiment score of 0.28 on Alpha One’s scale. Alpha One also gave media stories about the bank an impact score of 46 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news articles that may have effected AlphaOne Sentiment Analysis’s rankings:
A number of equities research analysts have issued reports on MBFI shares. Zacks Investment Research raised MB Financial from a “hold” rating to a “buy” rating and set a $46.00 price target on the stock in a research report on Tuesday, April 11th. Keefe, Bruyette & Woods set a $46.00 target price on MB Financial and gave the stock a “hold” rating in a research report on Monday, April 3rd. Jefferies Group LLC reissued a “hold” rating and set a $48.00 target price on shares of MB Financial in a research report on Tuesday, April 4th. Macquarie assumed coverage on MB Financial in a research report on Friday, February 17th. They set an “outperform” rating and a $52.00 target price on the stock. Finally, ValuEngine lowered MB Financial from a “buy” rating to a “hold” rating in a research report on Saturday. Seven investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. MB Financial presently has a consensus rating of “Hold” and an average target price of $45.81.
MB Financial (NASDAQ:MBFI) traded down 0.50% on Friday, reaching $41.88. The company’s stock had a trading volume of 257,000 shares. MB Financial has a 52 week low of $32.72 and a 52 week high of $48.47. The firm’s 50 day moving average price is $42.41 and its 200-day moving average price is $44.09. The company has a market capitalization of $3.50 billion, a price-to-earnings ratio of 18.60 and a beta of 1.14.
MB Financial (NASDAQ:MBFI) last announced its quarterly earnings data on Thursday, April 27th. The bank reported $0.60 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.57 by $0.03. MB Financial had a return on equity of 8.33% and a net margin of 18.78%. The firm had revenue of $234.82 million for the quarter, compared to analysts’ expectations of $240.47 million. During the same quarter in the prior year, the firm posted $0.54 earnings per share. On average, equities analysts predict that MB Financial will post $2.64 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Thursday, June 15th will be paid a dividend of $0.21 per share. The ex-dividend date is Tuesday, June 13th. This represents a $0.84 annualized dividend and a yield of 2.01%. This is a boost from MB Financial’s previous quarterly dividend of $0.19. MB Financial’s dividend payout ratio is presently 35.68%.
In other MB Financial news, insider Mitchell Feiger sold 11,825 shares of the company’s stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $43.60, for a total transaction of $515,570.00. Following the sale, the insider now owns 140,724 shares in the company, valued at $6,135,566.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 7.05% of the company’s stock.
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About MB Financial
MB Financial, Inc (MB Financial) is a financial holding company. The Company’s segments include banking, leasing and mortgage banking. As of December 31, 2016, the Company’s primary market was the Chicago metropolitan area, in which the Company operated 95 banking offices through its bank subsidiary, MB Financial Bank, N.A.
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