BCB Bancorp (NASDAQ:BCBP) Earning Somewhat Favorable News Coverage, Analysis Shows

Media stories about BCB Bancorp (NASDAQ:BCBP) have been trending somewhat positive on Sunday, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BCB Bancorp earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 47.6935501919504 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

BCBP stock traded up $0.10 during midday trading on Friday, hitting $15.55. The company’s stock had a trading volume of 25,033 shares, compared to its average volume of 13,090. BCB Bancorp has a twelve month low of $12.05 and a twelve month high of $16.10. The firm has a market capitalization of $234.11 million, a P/E ratio of 16.90, a PEG ratio of 1.40 and a beta of 0.42. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.24.

BCB Bancorp (NASDAQ:BCBP) last announced its earnings results on Monday, April 23rd. The bank reported $0.29 EPS for the quarter, topping the consensus estimate of $0.26 by $0.03. The business had revenue of $19.83 million during the quarter, compared to the consensus estimate of $19.88 million. BCB Bancorp had a net margin of 13.86% and a return on equity of 9.48%. equities research analysts forecast that BCB Bancorp will post 1.11 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, May 18th. Stockholders of record on Friday, May 4th were given a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 3.60%. The ex-dividend date was Thursday, May 3rd. BCB Bancorp’s payout ratio is presently 60.87%.

BCBP has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of BCB Bancorp from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a research report on Wednesday, February 21st. Keefe, Bruyette & Woods lowered shares of BCB Bancorp from an “outperform” rating to a “market perform” rating in a report on Tuesday, February 27th.

About BCB Bancorp

BCB Bancorp, Inc operates as the holding company for BCB Community Bank, a state chartered commercial bank that provides banking products and services to businesses and individuals in the United States. The company offers deposit products, including savings and club accounts, demand and NOW accounts, interest and non-interest bearing demand accounts, money market accounts, certificates of deposit, individual retirement accounts, and term certificate accounts.

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