The ServisFirst Bancshares (SFBS) Receives Daily Media Impact Rating of 0.26

The ServisFirst Bancshares (SFBS) Receives Daily Media Impact Rating of 0.26

A number of analysts have recently weighed in on SFBS shares. Stephens restated a “hold” rating on shares of ServisFirst Bancshares in a report on Tuesday, April 18th. Hovde Group raised shares of ServisFirst Bancshares from an “underperform” rating to a “market perform” rating and set a $37.00 price target for the company in a research note on Tuesday, April 18th.

News articles about ServisFirst Bancshares (NASDAQ:SFBS) have been trending positive on Monday, according to Alpha One Sentiment Analysis. The research firm, a subsidiary of Accern, ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. ServisFirst Bancshares earned a news sentiment score of 0.26 on Alpha One’s scale. Alpha One also assigned news stories about the financial services provider an impact score of 45 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of ServisFirst Bancshares (NASDAQ SFBS) opened at 35.36 on Monday. The firm has a 50-day moving average of $36.62 and a 200 day moving average of $37.57. The stock has a market capitalization of $1.87 billion, a PE ratio of 22.67 and a beta of 1.45. ServisFirst Bancshares has a 52-week low of $22.56 and a 52-week high of $42.66. ServisFirst Bancshares (NASDAQ:SFBS) last released its earnings results on Monday, April 17th. The financial services provider reported $0.42 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $0.02. The company had revenue of $56.60 million during the quarter, compared to analysts’ expectations of $55.45 million. ServisFirst Bancshares had a return on equity of 15.91% and a net margin of 34.23%. Equities research analysts forecast that ServisFirst Bancshares will post $1.73 EPS for the current fiscal year.

In related news, EVP Buford Harrison Morris III sold 12,102 shares of the firm’s stock in a transaction on Wednesday, March 8th. The stock was sold at an average price of $41.51, for a total transaction of $502,354.02. Following the transaction, the executive vice president now directly owns 139,543 shares in the company, valued at $5,792,429.93. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP G. Carlton Barker sold 10,000 shares of the firm’s stock in a transaction on Friday, March 10th. The stock was sold at an average price of $40.00, for a total value of $400,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders have bought 3,119 shares of company stock valued at $120,786 and have sold 50,102 shares valued at $1,988,194. Corporate insiders own 14.28% of the company’s stock. About ServisFirst Bancshares

ServisFirst Bancshares, Inc is a bank holding company whose business is conducted by its subsidiary, ServisFirst Bank (the Bank). The Company’s principal business is to accept deposits from the public and to make loans and other investments. The Company, through its bank, originates commercial, consumer and other loans; accept deposits; provides electronic banking services, such as online and mobile banking, including remote deposit capture, deliver treasury and cash management services, and provides correspondent banking services to other financial institutions.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:SFBS”, “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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