News articles about TriCo Bancshares (NASDAQ:TCBK) have trended somewhat positive on Sunday, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. TriCo Bancshares earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 46.135433392334 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of TriCo Bancshares opened at $39.24 on Friday, MarketBeat reports. TriCo Bancshares has a 12-month low of $33.36 and a 12-month high of $43.79. The stock has a market capitalization of $901.34 million, a PE ratio of 18.87, a PEG ratio of 1.45 and a beta of 0.86. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.24.
Get TriCo Bancshares alerts:TriCo Bancshares (NASDAQ:TCBK) last announced its quarterly earnings results on Thursday, April 26th. The financial services provider reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.03. TriCo Bancshares had a net margin of 17.99% and a return on equity of 10.06%. The firm had revenue of $57.28 million for the quarter, compared to the consensus estimate of $58.89 million. analysts anticipate that TriCo Bancshares will post 2.72 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, June 29th. Investors of record on Friday, June 15th will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date is Thursday, June 14th. TriCo Bancshares’s dividend payout ratio is currently 32.69%.
A number of brokerages have recently issued reports on TCBK. Raymond James lowered their price target on shares of TriCo Bancshares from $44.00 to $43.00 and set an “outperform” rating on the stock in a report on Tuesday, May 8th. Zacks Investment Research raised shares of TriCo Bancshares from a “sell” rating to a “hold” rating in a report on Wednesday, April 25th. Sandler O’Neill reissued a “buy” rating and issued a $44.00 price target on shares of TriCo Bancshares in a report on Friday, March 23rd. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $44.00 price target on shares of TriCo Bancshares in a report on Wednesday, January 31st. Finally, BidaskClub raised shares of TriCo Bancshares from a “strong sell” rating to a “sell” rating in a report on Monday, February 5th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the stock. TriCo Bancshares currently has an average rating of “Buy” and a consensus target price of $43.60.
About TriCo Bancshares
TriCo Bancshares operates as a bank holding company for Tri Counties Bank that provides commercial banking services to retail customers and small to medium-sized businesses. It accepts demand, savings, and money market accounts, as well as time deposits; and provides residential and commercial real estate mortgage, consumer, commercial, agricultural, and real estate construction loans.
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