MutualFirst Financial (MFSF) Earns News Sentiment Rating of -0.02
Press coverage about MutualFirst Financial (NASDAQ:MFSF) has trended somewhat negative recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MutualFirst Financial earned a news sentiment score of -0.02 on Accern’s scale. Accern also gave headlines about the bank an impact score of 47.7531445810564 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Q1 2019 EPS Estimates for MutualFirst Financial, Inc. Increased by FIG Partners (MFSF) (americanbankingnews.com)
- $0.50 EPS Expected for MutualFirst Financial, Inc. (MFSF) This Quarter (americanbankingnews.com)
- MutualFirst Financial, Inc. (MFSF) Receives Average Recommendation of “Hold” from Brokerages (americanbankingnews.com)
- Analysts Issue Forecasts for MutualFirst Financial, Inc.’s FY2018 Earnings (MFSF) (americanbankingnews.com)
- Q1 2018 Earnings Forecast for MutualFirst Financial, Inc. (MFSF) Issued By DA Davidson (americanbankingnews.com)
A number of research firms have weighed in on MFSF. BidaskClub lowered MutualFirst Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $39.00 price objective on shares of MutualFirst Financial in a research note on Friday, December 22nd. ValuEngine lowered MutualFirst Financial from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, Zacks Investment Research upgraded MutualFirst Financial from a “hold” rating to a “buy” rating and set a $43.00 price objective for the company in a research note on Wednesday, December 27th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. MutualFirst Financial presently has an average rating of “Hold” and an average price target of $38.67.
MutualFirst Financial (NASDAQ:MFSF) last announced its quarterly earnings results on Friday, February 2nd. The bank reported $0.46 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.49 by ($0.03). MutualFirst Financial had a net margin of 16.00% and a return on equity of 9.78%. The business had revenue of $17.04 million during the quarter, compared to analysts’ expectations of $17.20 million. sell-side analysts anticipate that MutualFirst Financial will post 2.37 earnings per share for the current fiscal year.
In related news, insider Charles J. Viater sold 1,000 shares of MutualFirst Financial stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $39.05, for a total value of $39,050.00. Following the sale, the insider now directly owns 182,937 shares in the company, valued at approximately $7,143,689.85. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Charles J. Viater sold 1,039 shares of MutualFirst Financial stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $38.57, for a total value of $40,074.23. Following the completion of the sale, the insider now owns 186,438 shares in the company, valued at $7,190,913.66. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,030 shares of company stock valued at $353,211. 11.30% of the stock is owned by company insiders.
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MutualFirst Financial Company Profile
MutualFirst Financial, Inc (MutualFirst) is the bank holding company of MutualBank (MutualBank or the Bank). The Bank offers financial services through approximately 30 full service retail financial center offices in Allen, Delaware, Elkhart, Grant, Kosciusko, Randolph, Saint Joseph and Wabash counties in Indiana.
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