News headlines about First Financial Bankshares (NASDAQ:FFIN) have trended positive recently, AlphaOne Sentiment Analysis reports. The research firm, a unit of Accern, identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. First Financial Bankshares earned a media sentiment score of 0.29 on AlphaOne’s scale. AlphaOne also assigned news coverage about the bank an impact score of 82 out of 100, indicating that recent media coverage is very likely to have an effect on the stock’s share price in the next several days.
These are some of the news articles that may have impacted AlphaOne’s scoring:
- First Financial Bankshares To Live Stream Annual Meeting (finance.yahoo.com)
- First Financial Bankshares Inc (FFIN) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS (americanbankingnews.com)
- First Financial Bankshares sees earnings growth (reporternews.com)
- First Financial Bankshares beats by $0.01 (seekingalpha.com)
- First Financial Bankshares Announces First Quarter Earnings Results (bizjournals.com)
Shares of First Financial Bankshares (NASDAQ:FFIN) traded up 1.80% during midday trading on Friday, hitting $39.60. 427,560 shares of the company were exchanged. The stock has a market cap of $2.60 billion, a PE ratio of 24.95 and a beta of 1.32. The stock’s 50-day moving average is $40.35 and its 200-day moving average is $41.54. First Financial Bankshares has a one year low of $29.69 and a one year high of $46.70.
First Financial Bankshares (NASDAQ:FFIN) last posted its quarterly earnings data on Thursday, April 20th. The bank reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.01. The firm earned $78.30 million during the quarter, compared to analysts’ expectations of $83.55 million. First Financial Bankshares had a net margin of 33.01% and a return on equity of 12.29%. The company’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.39 EPS. Equities research analysts anticipate that First Financial Bankshares will post $1.67 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, April 3rd. Shareholders of record on Wednesday, March 15th were given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.82%. The ex-dividend date of this dividend was Monday, March 13th. First Financial Bankshares’s payout ratio is presently 45.28%.
Several equities research analysts have recently weighed in on FFIN shares. Zacks Investment Research raised shares of First Financial Bankshares from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a research report on Tuesday, January 3rd. Hovde Group raised shares of First Financial Bankshares from an “underperform” rating to a “market perform” rating and set a $43.00 price objective for the company in a research report on Wednesday, March 22nd. Finally, Keefe, Bruyette & Woods raised shares of First Financial Bankshares from an “underperform” rating to a “market perform” rating in a research report on Friday.
In related news, Director Murray Hamilton Edwards acquired 2,000 shares of the stock in a transaction on Wednesday, February 8th. The stock was purchased at an average price of $41.40 per share, for a total transaction of $82,800.00. Following the transaction, the director now owns 91,823 shares of the company’s stock, valued at approximately $3,801,472.20. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director Kade Matthews sold 43,133 shares of the firm’s stock in a transaction dated Thursday, March 2nd. The shares were sold at an average price of $44.69, for a total transaction of $1,927,613.77. Following the completion of the sale, the director now owns 296,113 shares of the company’s stock, valued at approximately $13,233,289.97. The disclosure for this sale can be found here. Insiders acquired a total of 7,990 shares of company stock valued at $339,948 in the last 90 days. Corporate insiders own 4.51% of the company’s stock.
First Financial Bankshares Company Profile
First Financial Bankshares, Inc is a financial holding company. The Company, through its subsidiaries, conducts commercial banking business. As of December 31, 2016, the Company’s subsidiaries included First Financial Bank, National Association, Abilene, Texas; First Technology Services, Inc, Abilene, Texas; First Financial Trust & Asset Management Company, National Association, Abilene, Texas; First Financial Investments, Inc, Abilene, Texas, and First Financial Insurance Agency, Inc, Abilene, Texas.
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