The Northfield Bancorp (NFBK) Getting Somewhat Positive News Coverage, Report Finds

The Northfield Bancorp (NFBK) Getting Somewhat Positive News Coverage, Report Finds

These are some of the media stories that may have impacted AlphaOne’s rankings:

Media headlines about Northfield Bancorp (NASDAQ:NFBK) have been trending somewhat positive this week, AlphaOne Sentiment reports. The research group, a division of Accern, identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Northfield Bancorp earned a media sentiment score of 0.09 on AlphaOne’s scale. AlphaOne also assigned press coverage about the bank an impact score of 97 out of 100, meaning that recent news coverage is extremely likely to have an effect on the company’s share price in the next several days.

Separately, Keefe, Bruyette & Woods set a $18.00 target price on shares of Northfield Bancorp and gave the company a “hold” rating in a research report on Saturday, May 20th. Northfield Bancorp (NFBK) opened at 16.90 on Monday. Northfield Bancorp has a 52 week low of $14.31 and a 52 week high of $20.59. The firm has a market capitalization of $760.87 million, a price-to-earnings ratio of 24.14 and a beta of 0.29. The company has a 50-day moving average of $17.58 and a 200-day moving average of $18.40.

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 24th. Stockholders of record on Wednesday, May 10th were given a $0.08 dividend. The ex-dividend date of this dividend was Monday, May 8th. This represents a $0.32 annualized dividend and a dividend yield of 1.89%. Northfield Bancorp’s dividend payout ratio is 56.14%. In related news, CEO John Wade Alexander sold 20,000 shares of the stock in a transaction dated Thursday, June 1st. The shares were sold at an average price of $16.56, for a total value of $331,200.00. Following the completion of the transaction, the chief executive officer now directly owns 480,697 shares in the company, valued at approximately $7,960,342.32. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Patrick E. Scura, Jr. sold 9,000 shares of the stock in a transaction dated Wednesday, March 15th. The stock was sold at an average price of $18.21, for a total transaction of $163,890.00. Following the completion of the transaction, the director now owns 68,546 shares of the company’s stock, valued at $1,248,222.66. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 66,000 shares of company stock valued at $1,155,568. Corporate insiders own 10.50% of the company’s stock.

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 24th. Stockholders of record on Wednesday, May 10th were given a $0.08 dividend. The ex-dividend date of this dividend was Monday, May 8th. This represents a $0.32 annualized dividend and a dividend yield of 1.89%. Northfield Bancorp’s dividend payout ratio is 56.14%. Northfield Bancorp Company Profile

Northfield Bancorp, Inc is a holding company for Northfield Bank (the Bank). Northfield Bank’s principal business consists of originating commercial real estate loans and multifamily real estate loans, purchasing investment securities including mortgage-backed securities and corporate bonds, as well as depositing funds in other financial institutions.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:NFBK”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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