Media coverage about MainSource Financial Group (NASDAQ:MSFG) has been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. MainSource Financial Group earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 45.9445194037667 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.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- MainSource Financial Group Inc. to Issue Quarterly Dividend of $0.17 (MSFG) (americanbankingnews.com)
- MainSource Financial : NASDAQ, MSFG — Third Quarter Dividend Declared (4-traders.com)
- MainSource Financial Group (MSFG) Declares $0.17 Quarterly Dividend; 2% Yield (streetinsider.com)
- MainSource Financial Group — NASDAQ, MSFG — Third Quarter Dividend Declared (finance.yahoo.com)
- MainSource Financial Group, Inc. breached its 50 day moving average in a Bearish Manner : MSFG-US : August 14, 2017 (finance.yahoo.com)
Several analysts have commented on the stock. Zacks Investment Research cut shares of MainSource Financial Group from a “buy” rating to a “hold” rating in a research note on Thursday, June 8th. BidaskClub lowered shares of MainSource Financial Group from a “hold” rating to a “sell” rating in a report on Monday, August 14th. Stephens cut shares of MainSource Financial Group from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, July 26th. Finally, Keefe, Bruyette & Woods cut shares of MainSource Financial Group from an “outperform” rating to a “market perform” rating and set a $39.00 target price on the stock. in a research report on Friday, July 28th.
Shares of MainSource Financial Group (MSFG) traded down 1.09% during trading on Friday, reaching $32.57. 134,060 shares of the company’s stock traded hands. The company has a 50 day moving average price of $34.21 and a 200 day moving average price of $33.47. The stock has a market capitalization of $833.01 million, a PE ratio of 17.74 and a beta of 0.92. MainSource Financial Group has a 1-year low of $21.91 and a 1-year high of $37.20.
MainSource Financial Group (NASDAQ:MSFG) last issued its quarterly earnings results on Tuesday, July 25th. The financial services provider reported $0.53 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.01. MainSource Financial Group had a return on equity of 10.61% and a net margin of 22.93%. The business had revenue of $49.04 million during the quarter, compared to the consensus estimate of $46.40 million. On average, equities analysts forecast that MainSource Financial Group will post $2.05 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be given a dividend of $0.17 per share. The ex-dividend date is Wednesday, August 30th. This represents a $0.68 dividend on an annualized basis and a yield of 2.09%. MainSource Financial Group’s dividend payout ratio is currently 37.16%.
About MainSource Financial Group
MainSource Financial Group, Inc is a bank holding company. The Company operates a banking subsidiary, MainSource Bank (the Bank), an Indiana state-chartered bank. Through the Bank, the Company offers a range of financial services, including accepting time and transaction deposits; making consumer, commercial, agribusiness and real estate mortgage loans; renting safe deposit facilities; providing personal and corporate trust services, and providing other corporate services, such as letters of credit and repurchase agreements.
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