News stories about Banner (NASDAQ:BANR) have trended somewhat positive on Tuesday, Accern reports. The research firm scores the sentiment of press coverage by reviewing 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. Banner earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 45.418973617286 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Producer of Animated Hit ‘Your Name’ Launches New Banner (msn.com)
- American Mint Announces Another Banner Year In Growth For 2017 (bizjournals.com)
- U.S. solar power sector slows down after banner year (upi.com)
- Executive VP, Banner Bank of Banner Corp (NASDAQ:BANR), Rust Steven W, sells 412 shares worth $23,756 (empowerednews.net)
- BRIEF-Supervalu Announces Plans To Exit Farm Fresh Banner (feeds.reuters.com)
Shares of Banner (NASDAQ BANR) opened at $57.84 on Tuesday. The company has a market capitalization of $1,893.95, a P/E ratio of 31.43, a PEG ratio of 1.70 and a beta of 1.00. Banner has a 52 week low of $51.61 and a 52 week high of $62.75. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.15.
Banner (NASDAQ:BANR) last issued its quarterly earnings results on Wednesday, January 24th. The financial services provider reported $0.71 EPS for the quarter, missing the Zacks’ consensus estimate of $0.79 by ($0.08). The business had revenue of $128.15 million for the quarter, compared to analysts’ expectations of $126.56 million. Banner had a net margin of 12.02% and a return on equity of 7.55%. equities research analysts predict that Banner will post 3.41 EPS for the current year.
Several analysts have recently commented on BANR shares. BidaskClub downgraded Banner from a “hold” rating to a “sell” rating in a research note on Tuesday, January 23rd. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $60.00 price objective on shares of Banner in a research note on Friday, December 22nd. Zacks Investment Research raised Banner from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a research note on Friday, January 12th. Piper Jaffray Companies reissued a “hold” rating and issued a $58.00 price objective on shares of Banner in a research note on Friday, February 2nd. Finally, ValuEngine downgraded Banner from a “buy” rating to a “hold” rating in a research note on Saturday, November 25th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $60.25.
In related news, VP Cynthia D. Purcell sold 841 shares of the stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $54.67, for a total transaction of $45,977.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Kenneth A. Larsen sold 884 shares of the stock in a transaction that occurred on Thursday, March 8th. The shares were sold at an average price of $57.53, for a total value of $50,856.52. The disclosure for this sale can be found here. Insiders have sold 2,137 shares of company stock valued at $120,590 over the last ninety days. 1.71% of the stock is currently owned by company insiders.
Banner Corporation is a bank holding company. The Company is engaged in the business of planning, directing and coordinating the business activities of its subsidiaries, Banner Bank and Islanders Bank. Banner Bank is a Washington-chartered commercial bank. Banner Bank is a regional bank, which offers a range of commercial banking services and financial products to individuals, businesses and public sector entities in its primary market areas.
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