Media headlines about ServisFirst Bancshares (NASDAQ:SFBS) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. ServisFirst Bancshares earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.0361479659933 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of equities analysts have issued reports on the company. Zacks Investment Research cut ServisFirst Bancshares from a “buy” rating to a “hold” rating in a report on Thursday, July 20th. BidaskClub cut ServisFirst Bancshares from a “sell” rating to a “strong sell” rating in a report on Wednesday, June 28th. Stephens reiterated a “hold” rating and set a $38.00 target price on shares of ServisFirst Bancshares in a report on Wednesday, July 19th. Finally, Hovde Group upgraded ServisFirst Bancshares from an “underperform” rating to a “market perform” rating and set a $37.00 target price for the company in a report on Tuesday, April 18th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $49.75.
ServisFirst Bancshares (SFBS) traded up 1.85% during trading on Friday, reaching $36.28. The company’s stock had a trading volume of 73,699 shares. The company has a market cap of $1.92 billion, a P/E ratio of 21.99 and a beta of 1.38. ServisFirst Bancshares has a 12 month low of $24.51 and a 12 month high of $42.66. The stock’s 50-day moving average is $36.75 and its 200 day moving average is $37.63.
ServisFirst Bancshares (NASDAQ:SFBS) last posted its quarterly earnings results on Thursday, July 20th. The financial services provider reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.02. ServisFirst Bancshares had a net margin of 35.15% and a return on equity of 16.67%. The firm had revenue of $60.37 million during the quarter, compared to the consensus estimate of $60.33 million. On average, equities analysts forecast that ServisFirst Bancshares will post $1.80 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Monday, July 3rd were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.55%. The ex-dividend date was Thursday, June 29th. ServisFirst Bancshares’s dividend payout ratio (DPR) is currently 12.05%.
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About ServisFirst Bancshares
ServisFirst Bancshares, Inc is a bank holding company whose business is conducted by its subsidiary, ServisFirst Bank (the Bank). The Company’s principal business is to accept deposits from the public and to make loans and other investments. The Company, through its bank, originates commercial, consumer and other loans; accept deposits; provides electronic banking services, such as online and mobile banking, including remote deposit capture, deliver treasury and cash management services, and provides correspondent banking services to other financial institutions.
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