Media headlines about Franklin Financial Network (NYSE:FSB) have trended somewhat positive on Friday, according to Accern. Accern ranks the sentiment of news 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 nearest to one being the most favorable. Franklin Financial Network earned a news impact score of 0.10 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 45.9115845153781 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- How President Trump’s tax cut is impacting the bottom lines of Nashville banks (finance.yahoo.com)
- Franklin Financial Network Announces Dates For Fourth Quarter And Year-End 2017 Earnings Release And Call (finance.yahoo.com)
- BRIEF-Franklin Financial Network Inc Says to Incur Non-Cash Income Tax Charge For Q4 Due To Impact Of Revaluation Of Deferred Tax Asset (reuters.com)
- Franklin Financial Network (FSB) Upgraded by Sandler O’Neill to “Buy” (americanbankingnews.com)
Shares of Franklin Financial Network (FSB) traded up $0.20 during midday trading on Friday, hitting $36.40. The company had a trading volume of 67,802 shares, compared to its average volume of 117,011. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 1.30. The firm has a market capitalization of $459.90, a price-to-earnings ratio of 14.68, a price-to-earnings-growth ratio of 1.25 and a beta of 0.91. Franklin Financial Network has a twelve month low of $30.30 and a twelve month high of $44.30.
Franklin Financial Network (NYSE:FSB) last issued its earnings results on Wednesday, October 25th. The financial services provider reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.02. Franklin Financial Network had a return on equity of 11.48% and a net margin of 23.70%. The business had revenue of $27.90 million during the quarter, compared to analyst estimates of $30.97 million. equities analysts anticipate that Franklin Financial Network will post 2.49 EPS for the current year.
Several equities research analysts have recently weighed in on FSB shares. Sandler O’Neill raised Franklin Financial Network from a “hold” rating to a “buy” rating and set a $42.00 price objective for the company in a research report on Thursday, January 4th. ValuEngine raised Franklin Financial Network from a “hold” rating to a “buy” rating in a research report on Saturday, October 21st. Compass Point reissued a “buy” rating and issued a $43.00 price objective (down from $47.00) on shares of Franklin Financial Network in a research report on Friday, October 13th. Stephens lowered Franklin Financial Network from an “overweight” rating to an “equal weight” rating and set a $38.00 target price for the company. in a research note on Tuesday, October 3rd. Finally, Zacks Investment Research upgraded Franklin Financial Network from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $40.00.
In other news, insider David J. Mcdaniel sold 900 shares of the firm’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $33.81, for a total value of $30,429.00. Following the completion of the sale, the insider now directly owns 14,149 shares in the company, valued at $478,377.69. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 10.56% of the company’s stock.
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Franklin Financial Network Company Profile
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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