Media stories about MutualFirst Financial (NASDAQ:MFSF) have been trending somewhat positive on Wednesday, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. MutualFirst Financial earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 45.1553411438596 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
NASDAQ MFSF traded down $0.25 on Wednesday, reaching $38.10. The company had a trading volume of 12,660 shares, compared to its average volume of 8,338. The stock has a market cap of $331.42 million, a PE ratio of 19.95, a P/E/G ratio of 3.27 and a beta of 0.17. MutualFirst Financial has a 1 year low of $31.05 and a 1 year high of $40.50. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.30.
MutualFirst Financial (NASDAQ:MFSF) last released its quarterly earnings results on Friday, April 27th. The bank reported $0.57 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.50 by $0.07. The firm had revenue of $18.02 million during the quarter, compared to analysts’ expectations of $19.45 million. MutualFirst Financial had a return on equity of 9.79% and a net margin of 16.42%. sell-side analysts anticipate that MutualFirst Financial will post 2.36 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, June 22nd. Stockholders of record on Friday, June 8th were paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.89%. The ex-dividend date was Thursday, June 7th. MutualFirst Financial’s dividend payout ratio (DPR) is currently 37.70%.
A number of equities analysts have weighed in on MFSF shares. TheStreet upgraded MutualFirst Financial from a “c+” rating to a “b-” rating in a report on Friday, May 18th. Zacks Investment Research upgraded MutualFirst Financial from a “sell” rating to a “hold” rating in a report on Friday, May 18th. Finally, BidaskClub upgraded MutualFirst Financial from a “sell” rating to a “hold” rating in a report on Wednesday, March 21st. Five analysts have rated the stock with a hold rating, The stock presently has an average rating of “Hold” and a consensus target price of $38.67.
In other news, insider Charles J. Viater sold 4,353 shares of the stock in a transaction that occurred on Wednesday, May 23rd. The stock was sold at an average price of $38.18, for a total transaction of $166,197.54. Following the completion of the transaction, the insider now directly owns 174,377 shares in the company, valued at approximately $6,657,713.86. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Charles J. Viater sold 2,500 shares of the stock in a transaction that occurred on Wednesday, May 9th. The shares were sold at an average price of $37.57, for a total value of $93,925.00. Following the transaction, the insider now owns 180,045 shares of the company’s stock, valued at $6,764,290.65. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 10,053 shares of company stock valued at $380,765. Company insiders own 28.00% of the company’s stock.
About MutualFirst Financial
MutualFirst Financial, Inc operates as the bank holding company for MutualBank that provides various financial services in the United States. It accepts savings deposit, NOW, and demand accounts, as well as certificates of deposit. The company offers one-to four-family residential property, commercial real estate, construction and development, and commercial business loans; consumer loans, such as auto loans, boat and recreational vehicle loans, loans secured by savings deposits, and credit card and unsecured consumer loans; and adjustable rate loans.
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