Press coverage about First Business Financial Services (NASDAQ:FBIZ) has trended somewhat negative this week, according to Accern Sentiment. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. First Business Financial Services earned a news sentiment score of -0.01 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 44.4932097288548 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
A number of research analysts have recently commented on the stock. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $25.00 price objective on shares of First Business Financial Services in a research report on Thursday, August 3rd. TheStreet lowered shares of First Business Financial Services from a “b” rating to a “c+” rating in a research report on Friday, July 28th. Finally, Zacks Investment Research lowered shares of First Business Financial Services from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $26.00.
First Business Financial Services (NASDAQ:FBIZ) opened at 21.39 on Wednesday. The stock’s 50 day moving average is $21.35 and its 200-day moving average is $23.70. The firm has a market cap of $186.41 million, a price-to-earnings ratio of 15.64 and a beta of 0.95. First Business Financial Services has a 12 month low of $18.76 and a 12 month high of $28.43.
First Business Financial Services (NASDAQ:FBIZ) last issued its quarterly earnings data on Friday, July 28th. The financial services provider reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.19). First Business Financial Services had a return on equity of 7.25% and a net margin of 12.64%. The business had revenue of $20.22 million during the quarter, compared to analyst estimates of $19.45 million. On average, analysts anticipate that First Business Financial Services will post $1.50 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 17th. Shareholders of record on Monday, August 7th were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 2.43%. The ex-dividend date of this dividend was Thursday, August 3rd. First Business Financial Services’s dividend payout ratio (DPR) is 38.24%.
In other First Business Financial Services news, Director Jerome J. Smith sold 1,475 shares of First Business Financial Services stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $21.40, for a total value of $31,565.00. Following the completion of the sale, the director now owns 1,250 shares in the company, valued at approximately $26,750. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jerome J. Smith sold 1,250 shares of First Business Financial Services stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $21.17, for a total transaction of $26,462.50. The disclosure for this sale can be found here. Insiders sold a total of 5,025 shares of company stock valued at $106,903 in the last quarter. Corporate insiders own 6.60% of the company’s stock.
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First Business Financial Services Company Profile
First Business Financial Services, Inc (FBFS) is a bank holding company. The Company engages in the commercial banking business through its bank subsidiaries, which include First Business Bank (FBB), First Business Bank-Milwaukee (FBB-Milwaukee) and Alterra Bank (Alterra) (FBB and FBB-Milwaukee and, together with FBB, the Banks).
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