News headlines about Franklin Financial Network (NYSE:FSB) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog 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. Franklin Financial Network earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 45.6974033655686 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Franklin Financial Network (FSB) traded down 0.44% on Thursday, reaching $34.05. 59,465 shares of the company’s stock were exchanged. The firm’s 50-day moving average price is $34.56 and its 200 day moving average price is $34.56. The company has a market cap of $448.88 million, a price-to-earnings ratio of 14.06 and a beta of 1.48. Franklin Financial Network has a 12 month low of $29.85 and a 12 month high of $44.30.
Franklin Financial Network (NYSE:FSB) last announced its earnings results on Wednesday, July 26th. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.65 by ($0.01). Franklin Financial Network had a return on equity of 11.80% and a net margin of 23.50%. The business had revenue of $28.35 million for the quarter, compared to analyst estimates of $30.63 million. Equities research analysts predict that Franklin Financial Network will post $2.50 EPS for the current fiscal year.
A number of equities research analysts recently weighed in on FSB shares. ValuEngine downgraded Franklin Financial Network from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. Stephens cut shares of Franklin Financial Network from an “overweight” rating to an “equal weight” rating and set a $38.00 price target for the company. in a research note on Tuesday, October 3rd. BidaskClub cut shares of Franklin Financial Network from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th. Zacks Investment Research cut shares of Franklin Financial Network from a “buy” rating to a “hold” rating in a research note on Monday, July 3rd. Finally, Piper Jaffray Companies restated a “neutral” rating and set a $39.00 price target (down previously from $41.50) on shares of Franklin Financial Network in a research note on Thursday, October 5th. One research analyst has rated the stock with a sell rating and six have issued a hold rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $39.50.
Franklin Financial Network Company Profile
Franklin Financial Network, Inc is a financial holding company. Through its bank subsidiary, Franklin Synergy Bank (the Bank), a commercial bank, the Company provides a range of banking and related financial services. The Company focuses on the provision of services to small businesses, corporate entities, local governments and individuals.
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