Somewhat Positive News Coverage Somewhat Unlikely to Affect Enterprise Bancorp (EBTC) Share Price

Media coverage about Enterprise Bancorp (NASDAQ:EBTC) has trended somewhat positive on Friday, according to Accern. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Enterprise Bancorp earned a news sentiment score of 0.04 on Accern’s scale. Accern also assigned news stories about the savings and loans company an impact score of 45.7526286137026 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Separately, BidaskClub upgraded Enterprise Bancorp from a “buy” rating to a “strong-buy” rating in a report on Friday, April 27th.

Enterprise Bancorp opened at $37.82 on Friday, Marketbeat Ratings reports. Enterprise Bancorp has a twelve month low of $36.85 and a twelve month high of $37.36. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.89 and a current ratio of 0.89. The company has a market capitalization of $440.32 million, a PE ratio of 17.37 and a beta of 0.82.

Enterprise Bancorp (NASDAQ:EBTC) last posted its earnings results on Thursday, April 19th. The savings and loans company reported $0.58 earnings per share for the quarter. Enterprise Bancorp had a return on equity of 11.03% and a net margin of 16.55%. The company had revenue of $29.81 million for the quarter.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Stockholders of record on Friday, May 11th will be issued a $0.145 dividend. The ex-dividend date of this dividend is Thursday, May 10th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 1.53%.

Enterprise Bancorp Company Profile

Enterprise Bancorp, Inc operates as the holding company for Enterprise Bank and Trust Company that provides various banking products and services primarily in the greater Merrimack Valley and North Central regions of Massachusetts and Southern New Hampshire. The company offers commercial checking, business and municipal savings accounts, term certificates of deposit, money market and business sweep accounts, interest on lawyers trust accounts, escrow management accounts, personal checking accounts, savings accounts, and individual retirement accounts, as well as checking and simplified employee pension accounts.

Insider Buying and Selling by Quarter for Enterprise Bancorp (NASDAQ:EBTC)

Receive News & Ratings for Enterprise Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enterprise Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply