News coverage about Bank of N.T. Butterfield & Son Limited (The) (NYSE:NTB) has been trending somewhat positive on Sunday, Accern reports. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bank of N.T. Butterfield & Son Limited (The) earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 46.3089692525845 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Bank of N.T. Butterfield & Son Limited (The) (NTB) Lowered to “Hold” at Zacks Investment Research (americanbankingnews.com)
- Bank Of NT Butterfield & Son Reaches Analyst Target Price (thestreet.com)
- The Bank of N.T. Butterfield & Son Ltd. breached its 50 day moving average in a Bullish Manner : NTB-US : September 14, 2017 (finance.yahoo.com)
- The Bank of N.T. Butterfield & Son Ltd. : NTB-US: Dividend Analysis : August 14th, 2017 (record date) : By the numbers : September 13, 2017 (finance.yahoo.com)
Separately, Zacks Investment Research upgraded shares of Bank of N.T. Butterfield & Son Limited (The) from a “sell” rating to a “buy” rating and set a $39.00 price target for the company in a report on Wednesday, August 9th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $31.50.
Shares of Bank of N.T. Butterfield & Son Limited (NTB) traded up 0.64% during mid-day trading on Friday, hitting $34.47. 425,635 shares of the stock traded hands. The stock has a market cap of $1.88 billion and a price-to-earnings ratio of 22.49. The firm’s 50-day moving average is $33.35 and its 200-day moving average is $33.38. Bank of N.T. Butterfield & Son Limited has a 52 week low of $23.75 and a 52 week high of $35.68.
Bank of N.T. Butterfield & Son Limited (The) (NYSE:NTB) last released its earnings results on Tuesday, July 25th. The bank reported $0.67 EPS for the quarter, hitting analysts’ consensus estimates of $0.67. Bank of N.T. Butterfield & Son Limited (The) had a return on equity of 17.93% and a net margin of 19.54%. The firm had revenue of $110.16 million for the quarter, compared to analysts’ expectations of $109.32 million. On average, analysts forecast that Bank of N.T. Butterfield & Son Limited will post $2.76 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Monday, August 28th. Stockholders of record on Monday, August 14th were paid a $0.32 dividend. The ex-dividend date of this dividend was Thursday, August 10th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.71%. Bank of N.T. Butterfield & Son Limited (The)’s dividend payout ratio is currently 84.21%.
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Bank of N.T. Butterfield & Son Limited (The) Company Profile
The Bank of N.T. Butterfield & Son Limited (the Bank) provides banking services and wealth management services. The Bank’s geographic segments include Bermuda, the Cayman Islands and Guernsey, where its banking operations are located, and The Bahamas, Switzerland, and the United Kingdom, where it offers specialized financial services.
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