Media coverage about First Financial Bankshares (NASDAQ:FFIN) has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. First Financial Bankshares earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 46.2134255360846 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
First Financial Bankshares (NASDAQ FFIN) opened at $48.00 on Friday. The stock has a market capitalization of $3,140.75, a price-to-earnings ratio of 26.52 and a beta of 1.37. First Financial Bankshares has a 52 week low of $36.85 and a 52 week high of $48.85.
First Financial Bankshares (NASDAQ:FFIN) last released its quarterly earnings results on Thursday, January 25th. The bank reported $0.43 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.44 by ($0.01). The firm had revenue of $83.20 million during the quarter, compared to analysts’ expectations of $90.40 million. First Financial Bankshares had a return on equity of 12.61% and a net margin of 35.72%. analysts forecast that First Financial Bankshares will post 2.05 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Monday, April 2nd. Stockholders of record on Thursday, March 15th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.58%. First Financial Bankshares’s dividend payout ratio (DPR) is currently 41.99%.
A number of research firms have commented on FFIN. Sandler O’Neill reissued a “sell” rating and issued a $40.00 target price on shares of First Financial Bankshares in a report on Friday, January 26th. SunTrust Banks reissued a “hold” rating and issued a $48.00 target price on shares of First Financial Bankshares in a report on Tuesday, January 9th. Hovde Group set a $46.00 target price on First Financial Bankshares and gave the stock a “hold” rating in a report on Monday, January 29th. BidaskClub lowered First Financial Bankshares from a “buy” rating to a “hold” rating in a report on Tuesday, December 5th. Finally, Zacks Investment Research raised First Financial Bankshares from a “hold” rating to a “buy” rating and set a $52.00 target price for the company in a report on Thursday, October 26th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $44.14.
In related news, Director Johnny Trotter bought 11,400 shares of the stock in a transaction that occurred on Tuesday, February 6th. The shares were bought at an average cost of $45.10 per share, for a total transaction of $514,140.00. Following the completion of the transaction, the director now owns 388,938 shares of the company’s stock, valued at $17,541,103.80. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Steven L. Beal sold 15,973 shares of First Financial Bankshares stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $47.37, for a total value of $756,641.01. Following the transaction, the director now owns 1,465 shares in the company, valued at $69,397.05. The disclosure for this sale can be found here. Company insiders own 5.04% of the company’s stock.
About First Financial Bankshares
First Financial Bankshares, Inc is a financial holding company. The Company, through its subsidiaries, conducts commercial banking business. 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, First Financial Insurance Agency, Inc, Abilene, Texas, Commercial Bancshares, Inc, and Commercial State Bank, Kingwood, Texas.
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