News articles about MutualFirst Financial (NASDAQ:MFSF) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than 20 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. MutualFirst Financial earned a news impact score of 0.13 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 44.2716936187198 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- MutualFirst Financial Inc. (NASDAQ:MFSF) Stock Rating Lowered by BidaskClub (americanbankingnews.com)
- MutualFirst Financial Inc. (MFSF) Rating Reiterated by Keefe, Bruyette & Woods (americanbankingnews.com)
- Insider Selling: MutualFirst Financial Inc. (NASDAQ:MFSF) COO Sells 1,000 Shares of Stock (americanbankingnews.com)
- President and CEO of MutualFirst Financial Inc (NASDAQ:MFSF), Heeter David Wayne, sells 1,000 shares worth $34,500 (empowerednews.net)
- Insider Selling: MutualFirst Financial Inc. (MFSF) Insider Sells 1,000 Shares of Stock (americanbankingnews.com)
Shares of MutualFirst Financial (NASDAQ:MFSF) opened at 33.65 on Thursday. The firm has a 50-day moving average of $34.83 and a 200 day moving average of $32.57. MutualFirst Financial has a 12 month low of $25.97 and a 12 month high of $36.90. The company has a market cap of $247.13 million, a price-to-earnings ratio of 17.88 and a beta of 0.36.
MutualFirst Financial (NASDAQ:MFSF) last announced its quarterly earnings results on Tuesday, April 25th. The bank reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.03. The firm had revenue of $15.84 million for the quarter, compared to the consensus estimate of $15.70 million. MutualFirst Financial had a net margin of 18.92% and a return on equity of 9.93%. On average, analysts expect that MutualFirst Financial will post $1.80 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, June 23rd. Stockholders of record on Friday, June 9th were issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date was Wednesday, June 7th. MutualFirst Financial’s payout ratio is presently 34.04%.
Several research analysts recently weighed in on MFSF shares. Zacks Investment Research upgraded shares of MutualFirst Financial from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a report on Friday, April 28th. ValuEngine upgraded shares of MutualFirst Financial from a “hold” rating to a “buy” rating in a report on Saturday, June 10th. BidaskClub cut shares of MutualFirst Financial from a “hold” rating to a “sell” rating in a report on Sunday. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $32.00 price target on shares of MutualFirst Financial in a report on Friday, July 14th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the stock. MutualFirst Financial currently has a consensus rating of “Hold” and an average target price of $31.00.
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In other news, insider David Wayne Heeter sold 2,433 shares of the firm’s stock in a transaction dated Monday, July 3rd. The shares were sold at an average price of $35.08, for a total transaction of $85,349.64. Following the sale, the insider now owns 45,863 shares of the company’s stock, valued at approximately $1,608,874.04. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Patrick C. Botts sold 942 shares of the firm’s stock in a transaction dated Wednesday, July 5th. The shares were sold at an average price of $34.75, for a total transaction of $32,734.50. Following the sale, the chief operating officer now directly owns 23,261 shares in the company, valued at approximately $808,319.75. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 6,663 shares of company stock worth $232,440. Insiders own 11.30% of the company’s stock.
About MutualFirst Financial
MutualFirst Financial, Inc (MutualFirst) is the bank holding company of MutualBank (MutualBank or the Bank). The Bank offers financial services through approximately 30 full service retail financial center offices in Allen, Delaware, Elkhart, Grant, Kosciusko, Randolph, Saint Joseph and Wabash counties in Indiana.
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