News coverage about First Hawaiian (NASDAQ:FHB) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. First Hawaiian earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave headlines about the bank an impact score of 46.0303576930596 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media stories that may have effected Accern’s analysis:
- First Hawaiian (FHB) Downgraded by Zacks Investment Research to “Sell” (americanbankingnews.com)
- McDonald’s franchisee honored with business lifetime achievement award (mauinews.com)
- First Hawaiian (FHB) Rating Increased to Outperform at Keefe, Bruyette & Woods (americanbankingnews.com)
- First Hawaiian (FHB) Upgraded to “Buy” at BidaskClub (americanbankingnews.com)
- The oldest thing you can actually visit in every state (thisisinsider.com)
FHB has been the topic of a number of recent research reports. Zacks Investment Research lowered First Hawaiian from a “buy” rating to a “hold” rating in a research report on Friday, March 2nd. ValuEngine lowered First Hawaiian from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. Goldman Sachs Group lowered First Hawaiian from a “neutral” rating to a “sell” rating and set a $32.00 target price on the stock. in a research report on Thursday, January 4th. Citigroup reiterated a “neutral” rating and issued a $32.00 target price on shares of First Hawaiian in a research report on Wednesday, January 24th. Finally, JPMorgan Chase & Co. lowered First Hawaiian from an “overweight” rating to a “neutral” rating and set a $32.00 target price on the stock. in a research report on Friday, January 26th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $32.38.
First Hawaiian (NASDAQ:FHB) last issued its earnings results on Thursday, January 25th. The bank reported $0.42 EPS for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.01. First Hawaiian had a return on equity of 9.10% and a net margin of 23.80%. The firm had revenue of $134.90 million for the quarter, compared to analyst estimates of $135.40 million. During the same quarter in the prior year, the firm earned $0.40 earnings per share. First Hawaiian’s revenue for the quarter was up 2.8% on a year-over-year basis. analysts expect that First Hawaiian will post 1.97 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 9th. Shareholders of record on Monday, February 26th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 3.35%. The ex-dividend date of this dividend was Friday, February 23rd. This is a positive change from First Hawaiian’s previous quarterly dividend of $0.22. First Hawaiian’s dividend payout ratio is currently 57.83%.
First Hawaiian Company Profile
First Hawaiian, Inc, formerly BancWest Corporation, is a bank holding company. The Company owns First Hawaiian Bank. It operates through three segments: Retail Banking, which includes the financial products and services it provides to consumers, small businesses and certain commercial customers; Commercial Banking, which includes its corporate banking, residential and commercial real estate loans, commercial lease financing, auto dealer financing, deposit products and credit cards, and Treasury and Other, which includes its treasury business, which consists of corporate asset and liability management activities, including interest rate risk management.
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