Somewhat Positive Press Coverage Somewhat Unlikely to Affect Great Western Bancorp (NYSE:GWB) Share Price
Press coverage about Great Western Bancorp (NYSE:GWB) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Great Western Bancorp earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 46.2845338680059 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- See what the IHS Markit Score report has to say about Great Western Bancorp Inc. (finance.yahoo.com)
- Great Western Bancorp, Inc. (South Dakota) breached its 50 day moving average in a Bearish Manner : GWB-US : August 8, 2017 (finance.yahoo.com)
- East West Bancorp, Inc. (EWBC) Lowered to Strong Sell at BidaskClub (overnewsmagazine.com)
- Great Western Bancorp, Inc. (NYSE:GWB) Expected to Announce Quarterly Sales of $119.87 Million (americanbankingnews.com)
Great Western Bancorp (GWB) traded down 0.05% on Friday, reaching $36.52. 312,669 shares of the company’s stock were exchanged. Great Western Bancorp has a 12 month low of $31.51 and a 12 month high of $45.62. The firm has a market cap of $2.15 billion, a PE ratio of 15.29 and a beta of 1.69. The firm’s 50-day moving average is $39.67 and its 200-day moving average is $41.13.
Great Western Bancorp (NYSE:GWB) last announced its quarterly earnings data on Thursday, July 27th. The bank reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by $0.03. Great Western Bancorp had a net margin of 28.55% and a return on equity of 8.44%. The firm had revenue of $114.22 million during the quarter, compared to the consensus estimate of $117.10 million. During the same period last year, the business earned $0.59 EPS. The business’s revenue was up 13.4% on a year-over-year basis. On average, equities analysts forecast that Great Western Bancorp will post $2.43 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 23rd. Stockholders of record on Friday, August 11th will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date of this dividend is Wednesday, August 9th. Great Western Bancorp’s dividend payout ratio (DPR) is presently 33.47%.
A number of equities research analysts recently issued reports on GWB shares. Zacks Investment Research upgraded shares of Great Western Bancorp from a “sell” rating to a “hold” rating in a report on Tuesday, July 18th. BidaskClub upgraded shares of Great Western Bancorp from a “sell” rating to a “hold” rating in a report on Friday, June 30th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $47.00 price objective on shares of Great Western Bancorp in a report on Tuesday, May 30th. Stephens set a $46.00 price objective on shares of Great Western Bancorp and gave the stock a “buy” rating in a report on Friday, July 28th. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $48.00 price objective on shares of Great Western Bancorp in a report on Friday, July 7th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company’s stock. Great Western Bancorp has a consensus rating of “Hold” and a consensus price target of $45.56.
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In other news, insider Bryan Leighton Kindopp sold 766 shares of Great Western Bancorp stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $40.95, for a total value of $31,367.70. Following the completion of the transaction, the insider now owns 300 shares of the company’s stock, valued at approximately $12,285. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.23% of the company’s stock.
Great Western Bancorp Company Profile
Great Western Bancorp, Inc is a full-service regional bank holding company. The Company is the holding company of the Great Western Bank (the Bank). As of September 30, 2016, the Company served customers through 173 branches in various markets in Arizona, Colorado, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota and South Dakota.
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