News coverage about Franklin Financial Network (NYSE:FSB) has trended somewhat positive on Saturday, Accern reports. Accern scores the sentiment of press coverage by analyzing 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 nearest to one being the most favorable. Franklin Financial Network earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 45.3183005792762 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Franklin Financial Network (NYSE FSB) opened at $33.70 on Friday. The firm has a market cap of $442.06, a price-to-earnings ratio of 13.65, a P/E/G ratio of 1.34 and a beta of 1.41. Franklin Financial Network has a fifty-two week low of $30.30 and a fifty-two week high of $44.30. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 1.30.
Franklin Financial Network (NYSE:FSB) last released its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.02. The business had revenue of $27.90 million for the quarter, compared to analysts’ expectations of $30.97 million. Franklin Financial Network had a net margin of 23.70% and a return on equity of 11.48%. equities analysts expect that Franklin Financial Network will post 2.49 EPS for the current year.
Several research analysts have recently issued reports on FSB shares. Zacks Investment Research upgraded shares of Franklin Financial Network from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 26th. Stephens cut shares of Franklin Financial Network from an “overweight” rating to an “equal weight” rating and set a $38.00 target price on the stock. in a report on Tuesday, October 3rd. ValuEngine upgraded shares of Franklin Financial Network from a “hold” rating to a “buy” rating in a report on Saturday, October 21st. Compass Point restated a “buy” rating and issued a $43.00 target price (down previously from $47.00) on shares of Franklin Financial Network in a report on Friday, October 13th. Finally, Piper Jaffray Companies restated a “neutral” rating and issued a $39.00 target price (down previously from $41.50) on shares of Franklin Financial Network in a report on Thursday, October 5th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $40.20.
In related news, insider David J. Mcdaniel sold 900 shares of Franklin Financial Network stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $33.81, for a total value of $30,429.00. Following the sale, the insider now owns 14,149 shares in the company, valued at $478,377.69. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 10.56% of the company’s stock.
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About Franklin Financial Network
Franklin Financial Network, Inc is a financial holding company. Through its bank subsidiary, Franklin Synergy Bank (the Bank), a commercial bank, the Company provides a range of banking and related financial services. The Company focuses on the provision of services to small businesses, corporate entities, local governments and individuals.
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