Somewhat Favorable News Coverage Somewhat Unlikely to Impact HopFed Bancorp (HFBC) Stock Price

News articles about HopFed Bancorp (NASDAQ:HFBC) have trended somewhat positive on Sunday, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. HopFed Bancorp earned a coverage optimism score of 0.24 on Accern’s scale. Accern also assigned news stories about the savings and loans company an impact score of 46.8967876702186 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Shares of HFBC remained flat at $$17.00 on Friday. The company had a trading volume of 4,389 shares, compared to its average volume of 1,636. The firm has a market cap of $113.04 million, a PE ratio of 22.37 and a beta of 0.18. The company has a current ratio of 0.90, a quick ratio of 0.87 and a debt-to-equity ratio of 0.55. HopFed Bancorp has a 1-year low of $13.51 and a 1-year high of $17.75.

HopFed Bancorp (NASDAQ:HFBC) last released its quarterly earnings results on Friday, July 27th. The savings and loans company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.04. The business had revenue of $9.64 million for the quarter, compared to analysts’ expectations of $9.10 million. HopFed Bancorp had a return on equity of 6.18% and a net margin of 10.30%. equities analysts expect that HopFed Bancorp will post 0.87 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, July 23rd. Shareholders of record on Thursday, July 5th were issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date was Tuesday, July 3rd. This is a boost from HopFed Bancorp’s previous quarterly dividend of $0.05. HopFed Bancorp’s dividend payout ratio is 36.84%.

Separately, Zacks Investment Research cut HopFed Bancorp from a “hold” rating to a “sell” rating in a report on Wednesday, August 1st.

About HopFed Bancorp

HopFed Bancorp, Inc operates as the bank holding company for Heritage Bank USA, Inc that provides various banking products and services. The company accepts various deposit products, including money market accounts, passbook savings accounts, individual retirement accounts, certificates of deposit, and time deposits, as well as non-interest bearing, savings, and interest bearing checking accounts.

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