Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Old Point Financial (NASDAQ:OPOF) Share Price

Media headlines about Old Point Financial (NASDAQ:OPOF) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Old Point Financial earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 47.0340872073399 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of OPOF stock traded down $0.62 during midday trading on Wednesday, hitting $28.90. 166 shares of the company were exchanged, compared to its average volume of 29,843. Old Point Financial has a 52 week low of $24.07 and a 52 week high of $34.82. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.92 and a current ratio of 0.93. The company has a market capitalization of $147.25 million, a price-to-earnings ratio of 37.53 and a beta of 0.06.

Old Point Financial (NASDAQ:OPOF) last posted its earnings results on Thursday, April 26th. The bank reported $0.23 earnings per share for the quarter. Old Point Financial had a negative net margin of 0.06% and a positive return on equity of 3.99%. The firm had revenue of $11.10 million for the quarter.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Shareholders of record on Thursday, May 31st will be issued a dividend of $0.11 per share. The ex-dividend date of this dividend is Wednesday, May 30th. This represents a $0.44 annualized dividend and a yield of 1.52%.

About Old Point Financial

Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual, retail, and commercial customers. The company offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits.

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