StoneCastle Financial Corp (BANX) Earns Media Sentiment Score of 0.24

Media stories about StoneCastle Financial Corp (NASDAQ:BANX) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. StoneCastle Financial Corp earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave media coverage about the investment management company an impact score of 47.1167204931109 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

StoneCastle Financial Corp (NASDAQ:BANX) traded up 0.1278% on Friday, reaching $20.6764. The company’s stock had a trading volume of 9,647 shares. StoneCastle Financial Corp has a 12 month low of $17.68 and a 12 month high of $20.95. The firm has a 50 day moving average of $20.37 and a 200 day moving average of $20.15.

StoneCastle Financial Corp (NASDAQ:BANX) last issued its earnings results on Wednesday, August 9th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.02). The business had revenue of $4.26 million during the quarter, compared to analysts’ expectations of $4.44 million. On average, equities research analysts predict that StoneCastle Financial Corp will post $1.68 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, September 28th. Shareholders of record on Thursday, September 21st were paid a $0.38 dividend. The ex-dividend date was Wednesday, September 20th. This is a positive change from StoneCastle Financial Corp’s previous quarterly dividend of $0.37. This represents a $1.52 annualized dividend and a dividend yield of 7.35%. StoneCastle Financial Corp’s payout ratio is presently 87.36%.

Several research analysts have weighed in on BANX shares. National Securities reiterated a “buy” rating and set a $23.00 price objective on shares of StoneCastle Financial Corp in a research report on Monday, June 12th. JMP Securities upgraded StoneCastle Financial Corp from a “market perform” rating to an “outperform” rating and set a $23.00 price objective on the stock in a research report on Monday, August 14th. Zacks Investment Research cut StoneCastle Financial Corp from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $22.50 price objective on shares of StoneCastle Financial Corp in a research report on Thursday, August 10th. Finally, Oppenheimer Holdings, Inc. set a $21.00 price objective on StoneCastle Financial Corp and gave the stock a “buy” rating in a research report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $22.38.

TRADEMARK VIOLATION WARNING: “StoneCastle Financial Corp (BANX) Earns Media Sentiment Score of 0.24” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another domain, it was illegally stolen and republished in violation of US & international copyright & trademark laws. The legal version of this story can be read at https://ledgergazette.com/2017/10/08/stonecastle-financial-corp-banx-earns-media-sentiment-score-of-0-24.html.

About StoneCastle Financial Corp

StoneCastle Financial Corp. is a non-diversified, closed-end management investment company. The Company’s primary investment objective is to provide stockholders with current income, and to a lesser extent capital appreciation. The Company generally invests in the senior debt, subordinated debt, preferred shares and common stock of community banks.

NASDAQ:BANX) traded up 0.1278% on Friday, reaching $20.6764. The company’s stock had a trading volume of 9,647 shares. StoneCastle Financial Corp has a 12 month low of $17.68 and a 12 month high of $20.95. The firm has a 50 day moving average of $20.37 and a 200 day moving average of $20.15.

StoneCastle Financial Corp (NASDAQ:BANX) last issued its earnings results on Wednesday, August 9th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.02). The business had revenue of $4.26 million during the quarter, compared to analysts’ expectations of $4.44 million. On average, equities research analysts predict that StoneCastle Financial Corp will post $1.68 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, September 28th. Shareholders of record on Thursday, September 21st were paid a $0.38 dividend. The ex-dividend date was Wednesday, September 20th. This is a positive change from StoneCastle Financial Corp’s previous quarterly dividend of $0.37. This represents a $1.52 annualized dividend and a dividend yield of 7.35%. StoneCastle Financial Corp’s payout ratio is presently 87.36%.

Several research analysts have weighed in on BANX shares. National Securities reiterated a “buy” rating and set a $23.00 price objective on shares of StoneCastle Financial Corp in a research report on Monday, June 12th. JMP Securities upgraded StoneCastle Financial Corp from a “market perform” rating to an “outperform” rating and set a $23.00 price objective on the stock in a research report on Monday, August 14th. Zacks Investment Research cut StoneCastle Financial Corp from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $22.50 price objective on shares of StoneCastle Financial Corp in a research report on Thursday, August 10th. Finally, Oppenheimer Holdings, Inc. set a $21.00 price objective on StoneCastle Financial Corp and gave the stock a “buy” rating in a research report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $22.38.

TRADEMARK VIOLATION WARNING: “StoneCastle Financial Corp (BANX) Earns Media Sentiment Score of 0.24” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another domain, it was illegally stolen and republished in violation of US & international copyright & trademark laws. The legal version of this story can be read at https://ledgergazette.com/2017/10/08/stonecastle-financial-corp-banx-earns-media-sentiment-score-of-0-24.html.

About StoneCastle Financial Corp

StoneCastle Financial Corp. is a non-diversified, closed-end management investment company. The Company’s primary investment objective is to provide stockholders with current income, and to a lesser extent capital appreciation. The Company generally invests in the senior debt, subordinated debt, preferred shares and common stock of community banks.

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