Media headlines about NBT Bancorp (NASDAQ:NBTB) have trended positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NBT Bancorp earned a daily sentiment score of 0.33 on Accern’s scale. Accern also gave news articles about the bank an impact score of 46.0262157523223 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- NBT Bancorp (NBTB) Downgraded by BidaskClub (americanbankingnews.com)
- NBT Bancorp (NBTB) Set to Announce Quarterly Earnings on Monday (americanbankingnews.com)
- NBT Bancorp (NBTB) Upgraded to Buy by ValuEngine (americanbankingnews.com)
- NBT Bancorp (NBTB) Given “Hold” Rating at Piper Jaffray (americanbankingnews.com)
- NBT Bank hires Adamchick as Canajoharie branch manager (leaderherald.com)
NBT Bancorp stock opened at $36.28 on Friday. NBT Bancorp has a twelve month low of $31.28 and a twelve month high of $40.85. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.20. The firm has a market cap of $1,576.27, a price-to-earnings ratio of 18.34 and a beta of 0.83.
NBT Bancorp (NASDAQ:NBTB) last issued its quarterly earnings data on Monday, January 22nd. The bank reported $0.50 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.03). NBT Bancorp had a net margin of 19.07% and a return on equity of 9.16%. The business had revenue of $104.92 million for the quarter, compared to analysts’ expectations of $103.52 million. During the same quarter in the prior year, the company posted $0.45 EPS. analysts anticipate that NBT Bancorp will post 2.44 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, June 15th. Investors of record on Friday, June 1st will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.76%. This is an increase from NBT Bancorp’s previous quarterly dividend of $0.23. The ex-dividend date is Thursday, May 31st. NBT Bancorp’s dividend payout ratio is presently 46.70%.
Several equities analysts have recently commented on NBTB shares. Zacks Investment Research downgraded NBT Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday, December 23rd. BidaskClub downgraded NBT Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, January 30th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $41.50 price objective on shares of NBT Bancorp in a research note on Tuesday, February 27th. Sandler O’Neill set a $38.00 target price on NBT Bancorp and gave the company a “hold” rating in a research note on Wednesday, January 3rd. Finally, Boenning Scattergood reaffirmed a “hold” rating on shares of NBT Bancorp in a research note on Wednesday, January 24th. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $39.13.
In related news, Director Robert A. Wadsworth sold 1,625 shares of the company’s stock in a transaction on Thursday, January 25th. The stock was sold at an average price of $37.20, for a total value of $60,450.00. Following the transaction, the director now directly owns 16,194 shares of the company’s stock, valued at approximately $602,416.80. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.23% of the stock is owned by corporate insiders.
About NBT Bancorp
NBT Bancorp Inc is a financial holding company. The Company conducts its business through NBT Bank, National Association (the Bank) and also through its other subsidiaries, which includes providing commercial banking and financial services to customers in its market area, including central and upstate New York, northeastern Pennsylvania, southern New Hampshire, western Massachusetts, Vermont and Portland, Maine area.
Receive News & Ratings for NBT Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NBT Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.