Old Second Bancorp (OSBC) Receiving Somewhat Favorable Press Coverage, Report Finds

Media headlines about Old Second Bancorp (NASDAQ:OSBC) have trended somewhat positive on Saturday, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Old Second Bancorp earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.9074971541705 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

A number of equities research analysts have recently weighed in on the company. ValuEngine lowered Old Second Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. BidaskClub lowered Old Second Bancorp from a “hold” rating to a “sell” rating in a research report on Wednesday, January 24th. Zacks Investment Research upgraded Old Second Bancorp from a “hold” rating to a “strong-buy” rating and set a $16.00 price objective on the stock in a research report on Wednesday, October 25th. Keefe, Bruyette & Woods upgraded Old Second Bancorp from a “market perform” rating to an “outperform” rating in a research report on Wednesday, January 3rd. Finally, Sandler O’Neill upgraded Old Second Bancorp from a “hold” rating to a “buy” rating in a research report on Thursday, December 14th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Old Second Bancorp has a consensus rating of “Buy” and a consensus target price of $13.17.

Shares of Old Second Bancorp (NASDAQ OSBC) opened at $14.05 on Friday. The firm has a market capitalization of $416.26, a P/E ratio of 28.10, a PEG ratio of 1.87 and a beta of 0.72. Old Second Bancorp has a 1 year low of $10.10 and a 1 year high of $15.00. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.80 and a quick ratio of 0.80.

The company also recently declared a quarterly dividend, which was paid on Monday, February 5th. Investors of record on Friday, January 26th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, January 25th. This represents a $0.04 annualized dividend and a dividend yield of 0.28%. Old Second Bancorp’s dividend payout ratio is presently 8.00%.

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Old Second Bancorp Company Profile

Old Second Bancorp, Inc is a bank holding company. The Company conducts a full service community banking and trust business through its subsidiaries, including Old Second National Bank (the Bank), Old Second Capital Trust I, Old Second Capital Trust II and Old Second Affordable Housing Fund, LLC The Bank’s full service banking businesses include the customary consumer and commercial products and services that banking institutions provide, including demand, negotiable order of withdrawal, money market and individual retirement accounts; commercial, industrial, consumer and real estate lending, including installment loans, agricultural loans, lines of credit and overdraft checking; safe deposit operations, and a range of additional services tailored to the needs of individual customers, such as the acquisition of the United States Treasury notes and bonds, money orders, cashiers’ checks and foreign currency, direct deposit, debit cards, credit cards and other special services.

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