Mackinac Financial Corporation (MFNC) Given Daily Media Impact Score of 0.12

Media headlines about Mackinac Financial Corporation (NASDAQ:MFNC) have trended somewhat positive on Thursday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mackinac Financial Corporation earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 46.4162710216228 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Shares of Mackinac Financial Corporation (MFNC) traded up 1.39% on Thursday, reaching $13.89. The company had a trading volume of 311 shares. The firm has a market capitalization of $87.42 million, a P/E ratio of 17.11 and a beta of 0.66. Mackinac Financial Corporation has a 52 week low of $11.00 and a 52 week high of $14.98. The company’s 50-day moving average price is $13.88 and its 200 day moving average price is $13.65.

Mackinac Financial Corporation (NASDAQ:MFNC) last posted its quarterly earnings data on Wednesday, April 26th. The financial services provider reported $0.28 earnings per share for the quarter. Mackinac Financial Corporation had a return on equity of 8.79% and a net margin of 11.39%. The company had revenue of $9.94 million during the quarter.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 11th. Shareholders of record on Friday, June 30th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $0.48 dividend on an annualized basis and a yield of 3.50%. Mackinac Financial Corporation’s payout ratio is 60.00%.

Separately, ValuEngine upgraded Mackinac Financial Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd.

ILLEGAL ACTIVITY NOTICE: “Mackinac Financial Corporation (MFNC) Given Daily Media Impact Score of 0.12” was originally reported by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://sportsperspectives.com/2017/07/20/mackinac-financial-corporation-mfnc-given-daily-media-impact-score-of-0-12.html.

Mackinac Financial Corporation Company Profile

Mackinac Financial Corporation is a bank holding Company of mBank (the Bank). The Company, through the Bank, is engaged in the general commercial banking business. The Bank provides a range of loan and deposit products. These banking services include customary retail and commercial banking services, including checking and savings accounts, time deposits, interest bearing transaction accounts, safe deposit facilities, real estate mortgage lending, commercial lending, commercial and governmental lease financing, and direct and indirect consumer financing.

Insider Buying and Selling by Quarter for Mackinac Financial Corporation (NASDAQ:MFNC)

Receive News & Ratings for Mackinac Financial Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mackinac Financial Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply