Media stories about Opus Bank (NASDAQ:OPB) have trended somewhat positive on Saturday, Accern Sentiment Analysis 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 companies on a scale of negative one to one, with scores nearest to one being the most favorable. Opus Bank earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 46.0478135197105 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Opus Bank (NASDAQ OPB) traded up 0.22% during mid-day trading on Friday, hitting $22.30. 137,890 shares of the company traded hands. The firm’s 50 day moving average price is $23.67 and its 200-day moving average price is $22.01. The stock has a market capitalization of $833.77 million, a PE ratio of 208.41 and a beta of 1.07. Opus Bank has a 1-year low of $18.20 and a 1-year high of $35.90.
Opus Bank (NASDAQ:OPB) last issued its earnings results on Monday, July 24th. The financial services provider reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.22. The company had revenue of $79.83 million for the quarter, compared to analysts’ expectations of $71.47 million. Opus Bank had a net margin of 1.15% and a return on equity of 2.76%. The business’s revenue was down 49.3% on a year-over-year basis. On average, equities research analysts forecast that Opus Bank will post $1.41 EPS for the current year.
Several brokerages have recently issued reports on OPB. ValuEngine downgraded shares of Opus Bank from a “hold” rating to a “sell” rating in a report on Friday, June 2nd. Piper Jaffray Companies reiterated a “buy” rating and set a $27.00 price target on shares of Opus Bank in a report on Wednesday, July 12th. BidaskClub downgraded shares of Opus Bank from a “sell” rating to a “strong sell” rating in a report on Saturday, August 12th. Zacks Investment Research upgraded shares of Opus Bank from a “strong sell” rating to a “hold” rating in a report on Wednesday, June 28th. Finally, TheStreet upgraded shares of Opus Bank from a “c” rating to a “b-” rating in a report on Thursday, July 13th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company’s stock. Opus Bank currently has a consensus rating of “Hold” and an average price target of $27.67.
Opus Bank Company Profile
Opus Bank is a commercial bank. The Company provides banking products, services and solutions to its clients through its Retail Bank, Commercial Bank, Merchant Bank, and Correspondent Bank. The Company’s Commercial Bank consists Commercial Banking, Business Banking, Healthcare Banking, Technology Banking, Fiduciary Banking, Institutional Syndications and Commercial Real Estate Banking (CREB), which includes Income Property Banking, its Structured Finance Group and Capital Markets Group.
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