FB Financial Corporation (FBK) Receiving Somewhat Favorable News Coverage, Study Shows

Media headlines about FB Financial Corporation (NYSE:FBK) have been trending somewhat positive on Tuesday, Accern reports. Accern ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. FB Financial Corporation earned a news impact score of 0.02 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 45.8153220696152 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:

Several research analysts recently commented on the stock. Zacks Investment Research downgraded shares of FB Financial Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th. Stephens reaffirmed a “buy” rating and issued a $40.00 price objective on shares of FB Financial Corporation in a report on Monday, July 31st. UBS AG reaffirmed a “buy” rating and issued a $41.00 price objective (down from $44.00) on shares of FB Financial Corporation in a report on Wednesday, July 26th. Sandler O’Neill raised shares of FB Financial Corporation from a “hold” rating to a “buy” rating and raised their price objective for the stock from $37.00 to $39.00 in a report on Tuesday, August 15th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $36.00 price objective on shares of FB Financial Corporation in a report on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $39.67.

FB Financial Corporation (NYSE:FBK) traded down 0.42% on Tuesday, reaching $37.90. 34,189 shares of the company traded hands. The stock has a market capitalization of $1.16 billion and a price-to-earnings ratio of 29.77. FB Financial Corporation has a 1-year low of $20.25 and a 1-year high of $38.94. The stock’s 50-day moving average is $36.94 and its 200-day moving average is $36.94.

FB Financial Corporation (NYSE:FBK) last announced its earnings results on Monday, July 24th. The financial services provider reported $0.49 EPS for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.06. FB Financial Corporation had a net margin of 11.57% and a return on equity of 11.57%. The business had revenue of $66.08 million during the quarter, compared to analysts’ expectations of $65.99 million. Equities research analysts expect that FB Financial Corporation will post $1.89 EPS for the current year.

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About FB Financial Corporation

FB Financial Corporation is the holding company for FirstBank (the Bank). The Company and the Bank are engaged in the business of banking and provide a full range of financial services. The Bank provides a suite of commercial and consumer banking services to clients in select markets in Tennessee, North Alabama and North Georgia.

Insider Buying and Selling by Quarter for FB Financial Corporation (NYSE:FBK)

Insider Buying and Selling by Quarter for FB Financial Corporation (NYSE:FBK)

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