Media stories about BofI (NASDAQ:BOFI) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. BofI earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 46.8649798193637 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news headlines that may have effected Accern’s analysis:
- Head to Head Contrast: BofI (BOFI) vs. Northfield Bancorp (NFBK) (americanbankingnews.com)
- Two Banking Stocks, Bofi And Seacoast, Join The IBD 50 List (investors.com)
- Is BofI Holding Inc (NASDAQ:BOFI) Worth US$042.4 Based On Intrinsic Value? (finance.yahoo.com)
- Before You Sell Consider this Article? BofI Holding, Inc. (BOFI) (connectinginvestor.com)
- Software Stocks Down; Red Hat, Electronic Arts, And BofI In Focus (investors.com)
BofI opened at $40.46 on Thursday, according to MarketBeat. The company has a current ratio of 1.20, a quick ratio of 1.19 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 19.74, a P/E/G ratio of 1.65 and a beta of 0.31. BofI has a 52-week low of $23.00 and a 52-week high of $45.18.
BofI (NASDAQ:BOFI) last posted its quarterly earnings results on Thursday, April 26th. The financial services provider reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.01. The company had revenue of $140.21 million for the quarter, compared to analyst estimates of $134.80 million. BofI had a net margin of 28.25% and a return on equity of 17.85%. During the same period last year, the business posted $0.63 EPS. research analysts forecast that BofI will post 2.51 EPS for the current fiscal year.
A number of research analysts recently issued reports on the stock. BidaskClub upgraded shares of BofI from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 23rd. Zacks Investment Research upgraded shares of BofI from a “sell” rating to a “hold” rating in a research note on Wednesday. B. Riley raised their target price on shares of BofI from $45.00 to $47.00 and gave the company a “buy” rating in a research note on Tuesday, June 19th. DA Davidson raised their target price on shares of BofI to $48.00 and gave the company a “buy” rating in a research note on Thursday, April 5th. Finally, Stephens set a $46.00 target price on shares of BofI and gave the company a “buy” rating in a research note on Tuesday, April 10th. Three research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $41.60.
In other BofI news, Director John Gary Burke sold 57,539 shares of the firm’s stock in a transaction on Wednesday, May 30th. The shares were sold at an average price of $41.16, for a total value of $2,368,305.24. Following the sale, the director now directly owns 1,809,856 shares in the company, valued at approximately $74,493,672.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 6.24% of the company’s stock.
BofI Company Profile
BofI Holding, Inc operates as the holding company for BofI Federal Bank that provides consumer and business banking products in the United States. The company offers deposits products, including consumer and business checking, demand, savings, and time deposit accounts. It also provides single family and multifamily mortgage secured lending products; commercial real estate secured and commercial lending products; specialty finance factoring products; and consumer lending products consisting of prime loans to purchase new and used automobiles and recreational vehicles, as well as deposit-related overdraft lines of credit.
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