Somewhat Positive Press Coverage Somewhat Unlikely to Affect Old Point Financial (OPOF) Share Price

Headlines about Old Point Financial (NASDAQ:OPOF) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Old Point Financial earned a news impact score of 0.08 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 47.9536823499218 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Separately, ValuEngine lowered Old Point Financial from a “buy” rating to a “hold” rating in a research note on Saturday, November 25th.

Shares of Old Point Financial (OPOF) opened at $28.96 on Tuesday. The stock has a market capitalization of $144.54, a price-to-earnings ratio of 40.00 and a beta of 0.06. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.87 and a quick ratio of 0.87. Old Point Financial has a one year low of $20.45 and a one year high of $34.82.

Old Point Financial (NASDAQ:OPOF) last issued its earnings results on Wednesday, November 1st. The bank reported $0.15 earnings per share (EPS) for the quarter. The firm had revenue of $11.09 million for the quarter. Old Point Financial had a return on equity of 3.78% and a net margin of 7.93%.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Thursday, November 30th will be paid a $0.11 dividend. The ex-dividend date is Wednesday, November 29th. This represents a $0.44 annualized dividend and a dividend yield of 1.52%. Old Point Financial’s payout ratio is presently 61.11%.

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Old Point Financial Company Profile

Old Point Financial Corporation is a holding company that conducts all of its operations through two subsidiaries, The Old Point National Bank of Phoebus (the Bank) and Old Point Trust & Financial Services, N.A. (the Trust). The Company operates in three principal business segments: the Bank, the Trust and the Parent.

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