Headlines about TriState Capital (NASDAQ:TSC) have been trending somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of press coverage by reviewing more than 20 million blog and news 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. TriState Capital earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 45.479786982903 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
A number of equities research analysts have issued reports on the company. ValuEngine lowered TriState Capital from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. BidaskClub raised TriState Capital from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. Zacks Investment Research lowered TriState Capital from a “hold” rating to a “sell” rating in a research report on Wednesday, September 20th. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and set a $28.00 target price on shares of TriState Capital in a research report on Tuesday, August 22nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $28.75.
TriState Capital (NASDAQ:TSC) traded down $0.10 on Friday, reaching $23.70. The company’s stock had a trading volume of 35,200 shares, compared to its average volume of 104,346. The firm has a market capitalization of $681.69, a price-to-earnings ratio of 20.34, a price-to-earnings-growth ratio of 1.94 and a beta of 0.33. TriState Capital has a 52 week low of $19.65 and a 52 week high of $26.30. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.06 and a current ratio of 1.06.
TriState Capital (NASDAQ:TSC) last released its quarterly earnings results on Thursday, October 19th. The financial services provider reported $0.35 EPS for the quarter, topping the consensus estimate of $0.30 by $0.05. The company had revenue of $35.31 million for the quarter, compared to analyst estimates of $36.41 million. TriState Capital had a return on equity of 9.21% and a net margin of 19.58%. sell-side analysts predict that TriState Capital will post 1.23 earnings per share for the current fiscal year.
In other TriState Capital news, Director James J. Dolan sold 12,000 shares of TriState Capital stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $24.32, for a total value of $291,840.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 23.40% of the company’s stock.
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TriState Capital Company Profile
TriState Capital Holdings, Inc is a bank holding company. The Company’s subsidiaries include TriState Capital Bank (the Bank), a Pennsylvania chartered bank; Chartwell Investment Partners, LLC (Chartwell), an investment advisor, and Chartwell TSC Securities Corp. (CTSC Securities). The Company operates through two segments: Bank and Investment Management.
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