Press coverage about Eastern Virginia Bankshares (NASDAQ:EVBS) has trended positive this week, AlphaOne Sentiment reports. The research firm, a division of Accern, identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Eastern Virginia Bankshares earned a media sentiment score of 0.27 on AlphaOne’s scale. AlphaOne also gave media stories about the financial services provider an impact score of 70 out of 100, indicating that recent news coverage is likely to have an impact on the company’s share price in the near future.
Shares of Eastern Virginia Bankshares (NASDAQ:EVBS) traded down 0.28% during trading on Friday, hitting $10.77. 1,815 shares of the stock traded hands. The stock has a 50-day moving average of $10.58 and a 200 day moving average of $9.78. The company has a market cap of $139.45 million, a P/E ratio of 25.46 and a beta of 0.10. Eastern Virginia Bankshares has a 1-year low of $6.66 and a 1-year high of $11.10.
Eastern Virginia Bankshares (NASDAQ:EVBS) last issued its quarterly earnings data on Monday, February 6th. The financial services provider reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by $0.02. The firm had revenue of $13.48 million for the quarter, compared to analysts’ expectations of $12.79 million. Eastern Virginia Bankshares had a return on equity of 6.69% and a net margin of 13.32%. On average, equities research analysts predict that Eastern Virginia Bankshares will post $0.51 EPS for the current fiscal year.
Several brokerages have recently issued reports on EVBS. Zacks Investment Research downgraded shares of Eastern Virginia Bankshares from a “buy” rating to a “hold” rating in a research report on Tuesday, April 11th. Keefe, Bruyette & Woods set a $11.00 price objective on shares of Eastern Virginia Bankshares and gave the stock a “hold” rating in a research report on Friday, March 17th.
ILLEGAL ACTIVITY NOTICE: This article was originally posted by Chaffey Breeze and is owned by of Chaffey Breeze. If you are viewing this article on another site, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The correct version of this article can be viewed at https://www.chaffeybreeze.com/2017/04/21/eastern-virginia-bankshares-evbs-receives-daily-coverage-optimism-score-of-0-27-updated.html.
Eastern Virginia Bankshares Company Profile
Eastern Virginia Bankshares, Inc is a bank holding company. The Company operates through its bank subsidiary, EVB (the Bank). EVB is a community bank focusing on small to medium-sized businesses and consumers in its coastal plain markets and the emerging suburbs outside of the Richmond, Tidewater, and southern Virginia areas.
Receive News & Ratings for Eastern Virginia Bankshares Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eastern Virginia Bankshares Inc. and related companies with MarketBeat.com's FREE daily email newsletter.