News headlines about MB Financial (NASDAQ:MBFI) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. MB Financial earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 46.3243205270856 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have effected Accern’s scoring:
- Manufacturers Life Insurance Company, The Significantly Decreases Its Stake in MB Financial Inc. (MBFI) (highlightpress.com)
- Brokerages Anticipate MB Financial Inc. (MBFI) to Post $0.67 Earnings Per Share (americanbankingnews.com)
- Banro Corporation (BAA) noted a price change of 1.60% and MB … - Stocks Gallery (stocksgallery.com)
- See what the IHS Markit Score report has to say about MB Financial Inc. (finance.yahoo.com)
- MB Financial Inc. (MBFI) Receives Average Rating of “Hold” from Brokerages (americanbankingnews.com)
A number of equities research analysts have recently commented on the company. BidaskClub upgraded MB Financial from a “sell” rating to a “hold” rating in a research report on Thursday, June 15th. Wedbush restated a “neutral” rating and set a $48.00 target price on shares of MB Financial in a research report on Tuesday, June 27th. ValuEngine cut MB Financial from a “buy” rating to a “hold” rating in a report on Saturday, June 3rd. Jefferies Group LLC reiterated a “hold” rating and issued a $48.00 price objective on shares of MB Financial in a report on Sunday, June 11th. Finally, Zacks Investment Research cut MB Financial from a “buy” rating to a “hold” rating in a report on Saturday, July 8th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company’s stock. MB Financial presently has an average rating of “Hold” and an average price target of $47.67.
Shares of MB Financial (NASDAQ MBFI) traded up 0.71% on Wednesday, hitting $39.96. The stock had a trading volume of 75,682 shares. The company’s 50 day moving average is $42.04 and its 200 day moving average is $42.97. MB Financial has a one year low of $35.00 and a one year high of $48.47. The stock has a market cap of $3.35 billion, a PE ratio of 18.23 and a beta of 1.13.
MB Financial (NASDAQ:MBFI) last released its quarterly earnings results on Thursday, July 20th. The bank reported $0.54 EPS for the quarter, missing the consensus estimate of $0.64 by $0.10. The business had revenue of $239.51 million during the quarter, compared to analyst estimates of $247.39 million. MB Financial had a net margin of 19.12% and a return on equity of 7.99%. During the same quarter in the prior year, the company earned $0.58 earnings per share. Equities research analysts predict that MB Financial will post $2.44 EPS for the current fiscal year.
In other news, VP Jill E. York sold 5,000 shares of the stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of $42.30, for a total value of $211,500.00. Following the sale, the vice president now directly owns 71,525 shares in the company, valued at $3,025,507.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James N. Hallene sold 4,877 shares of the stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $44.40, for a total transaction of $216,538.80. Following the completion of the sale, the director now owns 25,339 shares in the company, valued at $1,125,051.60. The disclosure for this sale can be found here. 4.93% of the stock is owned by corporate insiders.
About MB Financial
MB Financial, Inc (MB Financial) is a financial holding company. The Company’s segments include banking, leasing and mortgage banking. As of December 31, 2016, the Company’s primary market was the Chicago metropolitan area, in which the Company operated 95 banking offices through its bank subsidiary, MB Financial Bank, N.A.
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