Press coverage about Xenith Bankshares (NASDAQ:XBKS) has trended somewhat positive this week, according to Accern. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Xenith Bankshares earned a news impact score of 0.21 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 45.5042798831075 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Xenith Bankshares (NASDAQ:XBKS) opened at 29.32 on Tuesday. The stock has a 50 day moving average of $30.42 and a 200 day moving average of $27.91. Xenith Bankshares has a 1-year low of $20.00 and a 1-year high of $33.30.
Xenith Bankshares (NASDAQ:XBKS) last issued its earnings results on Wednesday, July 26th. The bank reported $0.31 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.04. Xenith Bankshares had a return on equity of 14.16% and a net margin of 50.54%. The business had revenue of $28.53 million during the quarter, compared to analysts’ expectations of $27.86 million. Equities analysts anticipate that Xenith Bankshares will post $0.32 earnings per share for the current fiscal year.
Several research analysts have recently commented on the stock. Zacks Investment Research raised shares of Xenith Bankshares from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. BidaskClub lowered shares of Xenith Bankshares from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and issued a $28.00 price objective on shares of Xenith Bankshares in a research note on Thursday, April 27th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $28.00.
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In other Xenith Bankshares news, SVP Linda Majikes sold 2,200 shares of the company’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $28.25, for a total value of $62,150.00. Following the completion of the transaction, the senior vice president now owns 7,592 shares in the company, valued at approximately $214,474. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 31.70% of the stock is owned by corporate insiders.
About Xenith Bankshares
Xenith Bankshares, Inc, formerly Hampton Roads Bankshares, Inc, is a bank holding company for Xenith Bank. Xenith Bank is a commercial bank specifically targeting the banking needs of middle market and small businesses, local real estate developers and investors, and retail banking clients. Xenith Bank’s regional area of operations spans from Baltimore, Maryland, to Raleigh and eastern North Carolina, complementing its presence in greater Washington, DC, greater Richmond, Virginia, and greater Hampton Roads, Virginia.
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