Press coverage about Old Second Bancorp (NASDAQ:OSBC) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative news 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 nearest to one being the most favorable. Old Second Bancorp earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 45.4528725979376 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- Old Second Bancorp, Inc. – Value Analysis (NASDAQ:OSBC) : November 10, 2017 (finance.yahoo.com)
- Old Second Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : OSBC-US : November 9, 2017 (finance.yahoo.com)
- EVP of Old Second Bancorp Inc (NASDAQ:OSBC), Gottschalk Keith, sells 400 shares worth $5,492 (empowerednews.net)
- Financial Analysis: First Community Bancshares (FCBC) and Old Second Bancorp (OSBC) (americanbankingnews.com)
A number of equities analysts have commented on OSBC shares. ValuEngine lowered shares of Old Second Bancorp from a “buy” rating to a “hold” rating in a report on Saturday, October 21st. BidaskClub raised shares of Old Second Bancorp from a “hold” rating to a “buy” rating in a research report on Saturday, August 26th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $11.50 target price on shares of Old Second Bancorp in a research report on Thursday, July 27th. Zacks Investment Research raised shares of Old Second Bancorp from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research report on Saturday, September 9th. Finally, DA Davidson began coverage on shares of Old Second Bancorp in a research report on Friday, September 1st. They issued a “neutral” rating and a $13.00 target price for the company. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. Old Second Bancorp presently has a consensus rating of “Buy” and an average price target of $13.50.
Old Second Bancorp (OSBC) traded down $0.15 on Friday, hitting $12.45. 56,400 shares of the stock traded hands, compared to its average volume of 66,467. The company has a market cap of $368.86, a P/E ratio of 20.08, a P/E/G ratio of 2.20 and a beta of 1.34. Old Second Bancorp has a one year low of $8.55 and a one year high of $14.90. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.80 and a quick ratio of 0.78.
Old Second Bancorp (NASDAQ:OSBC) last released its earnings results on Wednesday, October 18th. The financial services provider reported $0.27 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.08. Old Second Bancorp had a net margin of 19.91% and a return on equity of 12.34%. sell-side analysts expect that Old Second Bancorp will post 0.81 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Monday, November 6th. Stockholders of record on Friday, October 27th were given a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.32%. The ex-dividend date of this dividend was Thursday, October 26th. Old Second Bancorp’s payout ratio is currently 6.45%.
In related news, Director John Ladowicz sold 10,350 shares of the business’s stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of $12.15, for a total transaction of $125,752.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Edward Bonifas acquired 3,000 shares of the stock in a transaction that occurred on Wednesday, August 16th. The shares were acquired at an average cost of $11.58 per share, with a total value of $34,740.00. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 5,550 shares of company stock valued at $62,594 and have sold 49,346 shares valued at $623,302. 3.60% of the stock is owned by corporate insiders.
Old Second Bancorp Company Profile
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