News coverage about MainSource Financial Group (NASDAQ:MSFG) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. MainSource Financial Group earned a news impact score of 0.08 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 45.5891956023872 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of MSFG stock opened at $40.65 on Monday. The firm has a market capitalization of $1,040.83, a price-to-earnings ratio of 19.17 and a beta of 0.88. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.08. MainSource Financial Group has a one year low of $31.26 and a one year high of $41.07.
MainSource Financial Group (NASDAQ:MSFG) last announced its quarterly earnings results on Friday, January 26th. The financial services provider reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). The firm had revenue of $51.48 million during the quarter. MainSource Financial Group had a net margin of 23.33% and a return on equity of 10.64%. equities research analysts predict that MainSource Financial Group will post 2.62 earnings per share for the current fiscal year.
In related news, Director Vince Berta bought 1,000 shares of the business’s stock in a transaction dated Monday, February 5th. The stock was bought at an average price of $38.20 per share, for a total transaction of $38,200.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Chris M. Harrison sold 4,106 shares of the firm’s stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $39.71, for a total transaction of $163,049.26. Following the sale, the executive vice president now owns 10,605 shares of the company’s stock, valued at approximately $421,124.55. The disclosure for this sale can be found here. Company insiders own 4.79% of the company’s stock.
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MainSource Financial Group Company Profile
MainSource Financial Group, Inc is a bank holding company. The Company operates a banking subsidiary, MainSource Bank (the Bank), an Indiana state-chartered bank. Through the Bank, the Company offers a range of financial services, including accepting time and transaction deposits; making consumer, commercial, agribusiness and real estate mortgage loans; renting safe deposit facilities; providing personal and corporate trust services, and providing other corporate services, such as letters of credit and repurchase agreements.
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