News headlines about Northwest Bancshares (NASDAQ:NWBI) have trended somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Northwest Bancshares earned a news impact score of 0.11 on Accern’s scale. Accern also assigned media headlines about the savings and loans company an impact score of 45.1687634601843 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Analysts Anticipate Northwest Bancshares, Inc. (NWBI) to Post $0.21 EPS (americanbankingnews.com)
- Northwest Bancshares (NWBI) and Its Peers Head to Head Comparison (americanbankingnews.com)
- With An ROE Of 8.17%, Has Northwest Bancshares Inc’s (NASDAQ:NWBI) Management Done A Good Job? (finance.yahoo.com)
- Northwest Bancshares, Inc. (NWBI) Receives Consensus Rating of “Hold” from Brokerages (americanbankingnews.com)
NWBI has been the topic of a number of recent analyst reports. BidaskClub raised Northwest Bancshares from a “sell” rating to a “hold” rating in a report on Wednesday, December 20th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $16.00 price objective on shares of Northwest Bancshares in a report on Sunday, October 8th. Boenning Scattergood reaffirmed a “hold” rating on shares of Northwest Bancshares in a report on Tuesday, October 24th. Finally, Zacks Investment Research lowered Northwest Bancshares from a “hold” rating to a “strong sell” rating in a report on Thursday, October 26th. Five equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. Northwest Bancshares has a consensus rating of “Hold” and a consensus target price of $17.25.
Northwest Bancshares (NASDAQ:NWBI) traded up $0.05 during trading on Friday, reaching $16.97. The company’s stock had a trading volume of 363,916 shares, compared to its average volume of 457,400. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.99 and a quick ratio of 0.99. The firm has a market capitalization of $1,740.00, a price-to-earnings ratio of 17.86, a price-to-earnings-growth ratio of 1.62 and a beta of 0.63. Northwest Bancshares has a 12 month low of $14.95 and a 12 month high of $18.63.
Northwest Bancshares (NASDAQ:NWBI) last issued its quarterly earnings data on Monday, October 23rd. The savings and loans company reported $0.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.02. Northwest Bancshares had a return on equity of 7.54% and a net margin of 20.59%. The business had revenue of $107.83 million for the quarter, compared to the consensus estimate of $106.63 million. equities research analysts anticipate that Northwest Bancshares will post 0.83 earnings per share for the current fiscal year.
In other news, EVP Gerald J. Ritzert sold 9,592 shares of the company’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $16.57, for a total value of $158,939.44. Following the sale, the executive vice president now directly owns 50,657 shares in the company, valued at $839,386.49. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Timothy M. Hunter bought 2,000 shares of Northwest Bancshares stock in a transaction that occurred on Thursday, December 7th. The shares were acquired at an average price of $16.75 per share, for a total transaction of $33,500.00. Following the completion of the transaction, the director now directly owns 15,100 shares of the company’s stock, valued at approximately $252,925. The disclosure for this purchase can be found here. Insiders sold 25,639 shares of company stock worth $435,808 over the last 90 days. Company insiders own 2.00% of the company’s stock.
Northwest Bancshares Company Profile
Northwest Bancshares, Inc (Northwest) is a savings and loan holding company. The Company’s principal business consists of attracting deposits and making loans secured by various types of collateral, including real estate and other assets in the markets in which it operates. Its segments include Community Banking and Consumer Finance.
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