First Republic Bank (FRC) Earns Media Sentiment Score of 0.15

Media coverage about First Republic Bank (NYSE:FRC) has trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative press coverage by reviewing 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 closest to one being the most favorable. First Republic Bank earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 45.9986392957614 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the media headlines that may have impacted Accern’s scoring:

Shares of First Republic Bank (FRC) traded up $0.47 on Friday, reaching $95.52. 1,326,499 shares of the company were exchanged, compared to its average volume of 1,972,825. First Republic Bank has a one year low of $84.56 and a one year high of $105.52. The company has a market cap of $14,994.76, a price-to-earnings ratio of 22.16, a price-to-earnings-growth ratio of 1.58 and a beta of 0.91. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.46.

First Republic Bank (NYSE:FRC) last posted its earnings results on Tuesday, January 16th. The bank reported $1.10 EPS for the quarter, missing analysts’ consensus estimates of $1.15 by ($0.05). The business had revenue of $699.20 million for the quarter, compared to analysts’ expectations of $688.48 million. First Republic Bank had a net margin of 26.02% and a return on equity of 11.80%. The company’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same period last year, the business posted $1.03 EPS. equities analysts predict that First Republic Bank will post 4.74 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 8th. Shareholders of record on Thursday, January 25th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date was Wednesday, January 24th. First Republic Bank’s dividend payout ratio (DPR) is 15.78%.

Several equities research analysts have recently issued reports on FRC shares. Maxim Group restated a “buy” rating and issued a $110.00 target price on shares of First Republic Bank in a report on Thursday, January 4th. Morgan Stanley reiterated an “equal weight” rating and set a $106.00 price objective on shares of First Republic Bank in a report on Thursday, December 14th. Barclays lifted their price objective on shares of First Republic Bank from $98.00 to $101.00 and gave the company an “equal weight” rating in a report on Tuesday, January 2nd. Jefferies Group lowered shares of First Republic Bank from a “buy” rating to a “hold” rating in a report on Friday, December 15th. Finally, Zacks Investment Research upgraded shares of First Republic Bank from a “sell” rating to a “hold” rating in a report on Friday, December 8th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $101.54.

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About First Republic Bank

First Republic Bank is a commercial bank and trust company. The Bank specializes in providing services, including private banking, private business banking, real estate lending and wealth management services, including trust and custody services, to clients in selected metropolitan areas in the United States.

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