News coverage about First Financial Bankshares (NASDAQ:FFIN) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. First Financial Bankshares earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 45.4321769923522 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
A number of equities analysts have issued reports on FFIN shares. BidaskClub lowered First Financial Bankshares from a “strong-buy” rating to a “buy” rating in a research note on Thursday, May 3rd. Zacks Investment Research raised First Financial Bankshares from a “hold” rating to a “buy” rating and set a $52.00 price objective for the company in a research note on Tuesday, April 10th. ValuEngine raised First Financial Bankshares from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Keefe, Bruyette & Woods restated a “hold” rating and issued a $47.00 target price on shares of First Financial Bankshares in a report on Tuesday, February 27th. Finally, Hovde Group set a $46.00 target price on First Financial Bankshares and gave the company a “hold” rating in a report on Monday, January 29th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. First Financial Bankshares presently has a consensus rating of “Hold” and an average target price of $44.71.
Shares of NASDAQ:FFIN opened at $53.05 on Friday. The stock has a market capitalization of $3.60 billion, a PE ratio of 31.21 and a beta of 1.26. First Financial Bankshares has a 52-week low of $37.31 and a 52-week high of $54.10.
First Financial Bankshares (NASDAQ:FFIN) last issued its quarterly earnings results on Thursday, April 19th. The bank reported $0.51 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.47 by $0.04. The company had revenue of $89.87 million for the quarter, compared to the consensus estimate of $89.40 million. First Financial Bankshares had a return on equity of 12.63% and a net margin of 36.61%. During the same period last year, the business posted $0.40 earnings per share. sell-side analysts predict that First Financial Bankshares will post 2.05 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, July 2nd. Stockholders of record on Friday, June 15th will be given a $0.21 dividend. This is an increase from First Financial Bankshares’s previous quarterly dividend of $0.19. This represents a $0.84 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend is Thursday, June 14th. First Financial Bankshares’s dividend payout ratio (DPR) is currently 44.71%.
In other news, Director David L. Copeland sold 7,362 shares of the firm’s stock in a transaction dated Wednesday, May 2nd. The stock was sold at an average price of $50.68, for a total value of $373,106.16. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 4.77% of the company’s stock.
About First Financial Bankshares
First Financial Bankshares, Inc, through its subsidiaries, provides commercial banking products and services primarily in Texas. The company accepts checking, savings, and time deposits; and offers real estate, commercial, agricultural, and consumer loans to businesses, professionals, individuals, and farm and ranch operations.
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