Sussex Bancorp (SBBX) Receives Daily News Sentiment Score of -0.10
Headlines about Sussex Bancorp (NASDAQ:SBBX) have trended somewhat negative this week, according to AlphaOne. The research firm, a division of Accern, ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sussex Bancorp earned a media sentiment score of -0.10 on AlphaOne’s scale. AlphaOne also assigned news stories about the financial services provider an impact score of 85 out of 100, meaning that recent press coverage is very likely to have an effect on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Alpha One Sentiment’s scoring:
- Sussex Bancorp (SBBX) Prices 1.14M Share Common Offering at $24/Sh (streetinsider.com)
- Sussex Bancorp Announces Commencement of Common Stock Offering (finance.yahoo.com)
- Sussex Bancorp Announces Pricing of Common Stock Offering (finance.yahoo.com)
- BRIEF-Sussex Bancorp reports commencement of common stock offering (feeds.reuters.com)
- ETFs with exposure to Sussex Bancorp : June 12, 2017 (finance.yahoo.com)
Shares of Sussex Bancorp (NASDAQ:SBBX) traded down 0.40% during trading on Friday, reaching $24.85. The company’s stock had a trading volume of 180,462 shares. The company’s 50-day moving average is $25.33 and its 200-day moving average is $22.97. The company has a market capitalization of $116.70 million, a P/E ratio of 19.38 and a beta of 0.42. Sussex Bancorp has a 12 month low of $13.12 and a 12 month high of $28.55.
Sussex Bancorp (NASDAQ:SBBX) last issued its quarterly earnings results on Wednesday, April 26th. The financial services provider reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.07. The firm had revenue of $9.23 million during the quarter, compared to analyst estimates of $9.20 million. Sussex Bancorp had a return on equity of 10.02% and a net margin of 15.49%. On average, analysts forecast that Sussex Bancorp will post $1.44 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Wednesday, May 24th. Shareholders of record on Wednesday, May 10th were paid a dividend of $0.06 per share. This is a positive change from Sussex Bancorp’s previous quarterly dividend of $0.04. This represents a $0.24 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date of this dividend was Monday, May 8th. Sussex Bancorp’s dividend payout ratio (DPR) is presently 18.90%.
A number of brokerages recently issued reports on SBBX. ValuEngine raised Sussex Bancorp from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Zacks Investment Research raised Sussex Bancorp from a “hold” rating to a “strong-buy” rating and set a $30.00 price objective for the company in a report on Thursday, May 4th.
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Sussex Bancorp Company Profile
Sussex Bancorp is a bank holding company for Sussex Bank (the Bank). The Company’s primary business is the ownership and supervision of the Bank. The Company has two business segments: banking and financial services, and insurance services. The Company, through the Bank, conducts a traditional commercial banking business, and offer services, including personal and business checking accounts and time deposits, money market accounts and savings accounts.
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