News stories about First Interstate BancSystem (NASDAQ:FIBK) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. First Interstate BancSystem earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 46.5810013852481 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- First Interstate BancSystem, Inc. (FIBK) Lowered to Hold at Zacks Investment Research (americanbankingnews.com)
- First Interstate BancSystem, Inc. (FIBK) Upgraded at Zacks Investment Research (americanbankingnews.com)
- FIG Partners Weighs in on First Interstate BancSystem, Inc.’s Q3 2017 Earnings (NASDAQ:FIBK) (americanbankingnews.com)
- Zacks: Analysts Anticipate First Interstate BancSystem, Inc. (NASDAQ:FIBK) Will Announce Quarterly Sales of $136.87 Million (americanbankingnews.com)
- First Interstate Bancsystem’s (FIBK) CEO Kevin Riley on Q2 2017 Results - Earnings Call Transcript (seekingalpha.com)
Several equities research analysts recently commented on FIBK shares. Zacks Investment Research cut shares of First Interstate BancSystem from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 1st. BidaskClub cut shares of First Interstate BancSystem from a “hold” rating to a “sell” rating in a research report on Thursday, June 22nd. ValuEngine raised shares of First Interstate BancSystem from a “hold” rating to a “buy” rating in a research report on Wednesday, May 31st. Wells Fargo & Company raised shares of First Interstate BancSystem from a “market perform” rating to an “outperform” rating in a research report on Friday, June 2nd. Finally, Barclays PLC reaffirmed an “overweight” rating and issued a $41.00 price objective on shares of First Interstate BancSystem in a research report on Tuesday, June 13th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $42.00.
Shares of First Interstate BancSystem (NASDAQ:FIBK) traded up 2.08% during midday trading on Friday, reaching $36.75. 224,936 shares of the company’s stock traded hands. The company has a 50 day moving average of $37.02 and a 200 day moving average of $39.02. The firm has a market cap of $2.07 billion, a PE ratio of 17.81 and a beta of 1.15. First Interstate BancSystem has a 52-week low of $28.88 and a 52-week high of $45.35.
First Interstate BancSystem (NASDAQ:FIBK) last released its quarterly earnings data on Wednesday, July 26th. The financial services provider reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.03. First Interstate BancSystem had a net margin of 22.60% and a return on equity of 10.44%. The firm had revenue of $116.50 million for the quarter, compared to analyst estimates of $119.97 million. On average, equities analysts predict that First Interstate BancSystem will post $2.28 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 11th. Shareholders of record on Wednesday, August 2nd will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date of this dividend is Monday, July 31st. First Interstate BancSystem’s dividend payout ratio (DPR) is 46.38%.
TRADEMARK VIOLATION NOTICE: This piece was reported by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this piece on another site, it was illegally copied and republished in violation of United States & international trademark and copyright legislation. The original version of this piece can be viewed at https://stocknewstimes.com/2017/08/05/first-interstate-bancsystem-fibk-receives-news-sentiment-score-of-0-14-updated-updated.html.
First Interstate BancSystem Company Profile
First Interstate BancSystem, Inc is a financial and bank holding company. The Company, through its bank subsidiary First Interstate Bank (the Bank), delivers a range of banking products and services to individuals, businesses, municipalities and other entities. The Company also, through its subsidiary Bank of the Cascades, offers full-service community banking through 46 branches in Oregon, Idaho and Washington.
Receive News & Ratings for First Interstate BancSystem Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Interstate BancSystem Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
