First Hawaiian (FHB) Earning Somewhat Positive News Coverage, Study Finds

News stories about First Hawaiian (NASDAQ:FHB) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. First Hawaiian earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 45.5803969351809 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:

First Hawaiian (NASDAQ FHB) opened at $28.30 on Friday. The stock has a market capitalization of $3,935.01, a price-to-earnings ratio of 21.44, a P/E/G ratio of 2.05 and a beta of 0.35. First Hawaiian has a 52 week low of $26.30 and a 52 week high of $32.40.

First Hawaiian (NASDAQ:FHB) last announced its quarterly earnings results on Thursday, January 25th. The bank reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.01. The company had revenue of $134.90 million for the quarter, compared to the consensus estimate of $135.40 million. First Hawaiian had a return on equity of 9.09% and a net margin of 23.80%. The firm’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period last year, the firm earned $0.40 EPS. analysts forecast that First Hawaiian will post 1.97 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Monday, February 26th will be given a dividend of $0.24 per share. This is an increase from First Hawaiian’s previous quarterly dividend of $0.22. This represents a $0.96 annualized dividend and a yield of 3.39%. The ex-dividend date of this dividend is Friday, February 23rd. First Hawaiian’s dividend payout ratio (DPR) is currently 66.67%.

FHB has been the subject of a number of research analyst reports. Zacks Investment Research upgraded First Hawaiian from a “hold” rating to a “strong-buy” rating and set a $35.00 target price for the company in a research note on Tuesday, January 9th. ValuEngine upgraded First Hawaiian from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. BidaskClub upgraded First Hawaiian from a “hold” rating to a “buy” rating in a research note on Saturday, October 21st. UBS Group raised their target price on First Hawaiian from $29.00 to $30.00 and gave the stock a “neutral” rating in a research note on Friday, October 27th. Finally, Barclays raised their target price on First Hawaiian from $32.00 to $36.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 2nd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $32.75.

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First Hawaiian Company Profile

First Hawaiian, Inc, formerly BancWest Corporation, is a bank holding company. The Company owns First Hawaiian Bank. It operates through three segments: Retail Banking, which includes the financial products and services it provides to consumers, small businesses and certain commercial customers; Commercial Banking, which includes its corporate banking, residential and commercial real estate loans, commercial lease financing, auto dealer financing, deposit products and credit cards, and Treasury and Other, which includes its treasury business, which consists of corporate asset and liability management activities, including interest rate risk management.

Insider Buying and Selling by Quarter for First Hawaiian (NASDAQ:FHB)

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