Franklin Financial Network (NYSE:FSB) is scheduled to release its earnings data after the market closes on Wednesday, October 23rd. Analysts expect Franklin Financial Network to post earnings of $0.67 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.
Franklin Financial Network (NYSE:FSB) last released its quarterly earnings data on Wednesday, July 24th. The financial services provider reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.02. Franklin Financial Network had a net margin of 11.40% and a return on equity of 8.23%. The firm had revenue of $32.29 million for the quarter, compared to analyst estimates of $32.40 million. On average, analysts expect Franklin Financial Network to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Franklin Financial Network stock opened at $31.08 on Tuesday. Franklin Financial Network has a 1-year low of $25.25 and a 1-year high of $37.24. The firm has a market capitalization of $437.87 million, a price-to-earnings ratio of 11.47 and a beta of 1.36. The firm’s fifty day moving average price is $30.12 and its two-hundred day moving average price is $28.54. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 1.16.
In other Franklin Financial Network news, Director James W. Iv Cross sold 2,000 shares of the firm’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of $30.16, for a total value of $60,320.00. Following the transaction, the director now directly owns 29,463 shares of the company’s stock, valued at $888,604.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 11.70% of the stock is currently owned by company insiders.
A number of research analysts have weighed in on FSB shares. ValuEngine raised shares of Franklin Financial Network from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st. Stephens raised shares of Franklin Financial Network from an “equal” rating to a “weight” rating and set a $34.00 price objective on the stock in a research note on Friday, July 26th. Zacks Investment Research raised shares of Franklin Financial Network from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Sandler O’Neill lowered shares of Franklin Financial Network from a “buy” rating to a “hold” rating in a research note on Friday, September 13th. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $33.20.
Franklin Financial Network Company Profile
Franklin Financial Network, Inc operates as the bank holding company for Franklin Synergy Bank that provides banking and related financial services to small businesses, corporate entities, local governments, and individuals. Its deposit products include checking, savings, and certificate of deposit accounts; and demand deposits, interest-bearing transaction accounts, money market accounts, and municipal deposits.
Featured Story: How to invest in a bear market
Receive News & Ratings for Franklin Financial Network Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin Financial Network and related companies with MarketBeat.com's FREE daily email newsletter.