First Hawaiian (FHB) Earns Media Sentiment Score of 0.26
Media coverage about First Hawaiian (NASDAQ:FHB) has trended positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than 20 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. First Hawaiian earned a news impact score of 0.26 on Accern’s scale. Accern also assigned press coverage about the bank an impact score of 45.3675580299285 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- First Hawaiian’s (FHB) Hold Rating Reiterated at Keefe, Bruyette & Woods (americanbankingnews.com)
- First Hawaiian Inc (FHB) Receives Consensus Rating of “Hold” from Brokerages (americanbankingnews.com)
- Reviewing First Hawaiian (FHB) and The Competition (americanbankingnews.com)
- Analyzing Patriot National Bancorp (PNBK) & First Hawaiian (FHB) (americanbankingnews.com)
Several equities analysts recently issued reports on FHB shares. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $34.00 price target on shares of First Hawaiian in a report on Friday. Zacks Investment Research upgraded First Hawaiian from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. BidaskClub cut First Hawaiian from a “buy” rating to a “hold” rating in a report on Saturday, October 7th. UBS Group raised their price target on First Hawaiian from $29.00 to $30.00 and gave the company a “neutral” rating in a report on Friday, October 27th. Finally, Barclays set a $32.00 target price on First Hawaiian and gave the company a “buy” rating in a research note on Wednesday, October 11th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. First Hawaiian has an average rating of “Hold” and a consensus target price of $32.67.
First Hawaiian (NASDAQ FHB) traded up $0.25 during trading hours on Friday, reaching $29.62. The company’s stock had a trading volume of 230,865 shares, compared to its average volume of 319,219. First Hawaiian has a 1 year low of $26.30 and a 1 year high of $35.47. The firm has a market capitalization of $4,099.65, a price-to-earnings ratio of 17.95, a price-to-earnings-growth ratio of 4.90 and a beta of 0.76.
First Hawaiian (NASDAQ:FHB) last released its earnings results on Thursday, October 26th. The bank reported $0.42 earnings per share for the quarter, meeting the consensus estimate of $0.42. First Hawaiian had a return on equity of 9.02% and a net margin of 30.22%. The firm had revenue of $133.32 million for the quarter, compared to analyst estimates of $136.44 million. During the same quarter in the prior year, the firm posted $0.41 earnings per share. The company’s quarterly revenue was up 8.7% on a year-over-year basis. sell-side analysts expect that First Hawaiian will post 1.63 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, December 8th. Shareholders of record on Monday, November 27th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.97%. The ex-dividend date was Friday, November 24th. First Hawaiian’s payout ratio is 53.33%.
About First Hawaiian
First Hawaiian, Inc, formerly BancWest Corporation, is a bank holding company. The Company owns First Hawaiian Bank. It operates through three segments: Retail Banking, which includes the financial products and services it provides to consumers, small businesses and certain commercial customers; Commercial Banking, which includes its corporate banking, residential and commercial real estate loans, commercial lease financing, auto dealer financing, deposit products and credit cards, and Treasury and Other, which includes its treasury business, which consists of corporate asset and liability management activities, including interest rate risk management.
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