$0.08 Earnings Per Share Expected for MidSouth Bancorp, Inc. (MSL) This Quarter

Equities research analysts expect MidSouth Bancorp, Inc. (NYSE:MSL) to post $0.08 earnings per share for the current quarter, according to Zacks. Two analysts have made estimates for MidSouth Bancorp’s earnings, with the highest EPS estimate coming in at $0.08 and the lowest estimate coming in at $0.07. MidSouth Bancorp posted earnings of $0.12 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 33.3%. The business is scheduled to report its next earnings report on Tuesday, January 30th.

On average, analysts expect that MidSouth Bancorp will report full-year earnings of ($0.06) per share for the current fiscal year, with EPS estimates ranging from ($0.09) to ($0.04). For the next year, analysts expect that the company will post earnings of $0.69 per share, with EPS estimates ranging from $0.55 to $0.78. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover MidSouth Bancorp.

MidSouth Bancorp (NYSE:MSL) last issued its quarterly earnings data on Tuesday, October 24th. The bank reported $0.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.01. MidSouth Bancorp had a return on equity of 1.43% and a net margin of 0.94%. The firm had revenue of $24.30 million during the quarter, compared to the consensus estimate of $23.32 million.

A number of research firms have recently weighed in on MSL. ValuEngine downgraded MidSouth Bancorp from a “hold” rating to a “sell” rating in a research report on Friday. Zacks Investment Research downgraded MidSouth Bancorp from a “buy” rating to a “hold” rating in a research report on Thursday, October 26th. Keefe, Bruyette & Woods restated a “hold” rating and set a $12.00 target price on shares of MidSouth Bancorp in a research report on Wednesday, October 4th. Finally, Sandler O’Neill restated a “buy” rating and set a $14.00 target price on shares of MidSouth Bancorp in a research report on Tuesday, September 5th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $14.00.

MidSouth Bancorp (MSL) opened at $13.30 on Tuesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.84 and a quick ratio of 0.84. MidSouth Bancorp has a 52-week low of $11.05 and a 52-week high of $16.60. The stock has a market capitalization of $225.06, a price-to-earnings ratio of -70.00 and a beta of 1.08.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Friday, December 15th will be paid a dividend of $0.01 per share. The ex-dividend date is Thursday, December 14th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.30%. MidSouth Bancorp’s dividend payout ratio (DPR) is presently -21.05%.

In other MidSouth Bancorp news, Director Clayton Paul Hilliard sold 6,000 shares of the business’s stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $12.71, for a total value of $76,260.00. Following the completion of the transaction, the director now directly owns 113,785 shares of the company’s stock, valued at $1,446,207.35. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director C R. Cloutier sold 3,300 shares of the company’s stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $13.51, for a total value of $44,583.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 38,364 shares of company stock valued at $507,019. 19.84% of the stock is owned by insiders.

Several hedge funds have recently bought and sold shares of the company. Northern Trust Corp raised its holdings in MidSouth Bancorp by 322.2% during the second quarter. Northern Trust Corp now owns 95,568 shares of the bank’s stock worth $1,123,000 after acquiring an additional 72,930 shares in the last quarter. Vanguard Group Inc. raised its holdings in MidSouth Bancorp by 17.0% during the second quarter. Vanguard Group Inc. now owns 457,161 shares of the bank’s stock worth $5,372,000 after acquiring an additional 66,563 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in MidSouth Bancorp by 73.0% during the second quarter. Bank of New York Mellon Corp now owns 55,665 shares of the bank’s stock worth $654,000 after acquiring an additional 23,483 shares in the last quarter. Strs Ohio bought a new stake in MidSouth Bancorp during the second quarter worth about $360,000. Finally, Schneider Capital Management Corp bought a new stake in MidSouth Bancorp during the second quarter worth about $786,000. 56.74% of the stock is owned by institutional investors.

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MidSouth Bancorp Company Profile

MidSouth Bancorp, Inc is a financial holding company. The Company operates primarily through its wholly owned bank subsidiary, MidSouth Bank, N.A. The Company is operating principally in the community banking business by providing banking services to commercial and retail customers through the Bank. The Bank is community oriented and focuses primarily on offering commercial and consumer loan and deposit services to individuals and small to middle market businesses in Louisiana, and central and east Texas.

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Earnings History and Estimates for MidSouth Bancorp (NYSE:MSL)

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