NASDAQ:BANXStoneCastle Financial Stock Price, Forecast & News

$17.00

-0.05 (-0.29 %)

(As of 05/22/2020 04:00 PM ET)

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Today's Range

$16.55

Now: $17.00▼

$17.03

50-Day Range

$13.85

MA: $15.96▼

$17.49

52-Week Range

$9.25

Now: $17.00▼

$23.92

Volume4,824 shs

Average Volume10,718 shs

Market Capitalization$111.52 million

P/E RatioN/A

Dividend Yield8.94%

Beta0.62

StoneCastle Financial Corp. is a closed ended balanced mutual fund launched and managed by StoneCastle Asset Management LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across the banking sector. It invests in dividend paying growth and value stocks of companies. For its fixed income portion, the fund invests in subordinated debt securities which are rated BBB- or better by Kroll Ratings. The fund employs fundamental analysis with bottom-up security picking approach by focusing on factors such as review of historical and prospective financial information, interviews with management and key employees of the prospective bank, financial models and projections, changes in interest rates, changes in unemployment rates, changes in home prices, changes in economic activity to create its portfolio. It employs proprietary research to create its portfolio. StoneCastle Financial Corp. was formed on February 7, 2013 and is domiciled in the United States.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for StoneCastle Financial.

2.8 Community Rank

Outperform Votes
StoneCastle Financial has received 257 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
StoneCastle Financial has received 194 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
StoneCastle Financial has received 56.98% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about StoneCastle Financial and other stocks. Vote “Outperform” if you believe BANX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BANX will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
StoneCastle Financial is a leading dividend payer. It pays a dividend yield of 8.94%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
StoneCastle Financial does not have a long track record of dividend growth.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, StoneCastle Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $73,895.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.20% of the stock of StoneCastle Financial is held by insiders.
Percentage Held by Institutions
Only 27.69% of the stock of StoneCastle Financial is held by institutions.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of StoneCastle Financial is -16.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of StoneCastle Financial is -16.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Overall Beat the Market Rank^™

1.49 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Investment advice

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:BANX

Previous Symbol

CUSIPN/A

CIK1578987

Webwww.stonecastle-financial.com

Phone212-354-6500

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$16.35 million

Price / Sales6.82

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$10.05 million

Net Margins-43.23%

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares6,560,000

Market Cap$111.52 million

Next Earnings Date8/13/2020 (Estimated)

OptionableNot Optionable

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StoneCastle Financial (NASDAQ:BANX) Frequently Asked Questions

How has StoneCastle Financial's stock been impacted by COVID-19 (Coronavirus)?

StoneCastle Financial's stock was trading at $18.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BANX shares have decreased by 5.6% and is now trading at $17.00. View which stocks have been most impacted by Coronavirus.

When is StoneCastle Financial's next earnings date?

StoneCastle Financial is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for StoneCastle Financial.

How were StoneCastle Financial's earnings last quarter?

StoneCastle Financial Corp (NASDAQ:BANX) announced its earnings results on Thursday, May, 7th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by $0.01. The investment management company earned $3.69 million during the quarter. View StoneCastle Financial's earnings history.

How often does StoneCastle Financial pay dividends? What is the dividend yield for StoneCastle Financial?

StoneCastle Financial declared a quarterly dividend on Wednesday, March 4th. Stockholders of record on Wednesday, March 18th will be given a dividend of $0.38 per share on Wednesday, March 25th. This represents a $1.52 annualized dividend and a dividend yield of 8.94%. The ex-dividend date of this dividend is Tuesday, March 17th. View StoneCastle Financial's dividend history.

Has StoneCastle Financial been receiving favorable news coverage?

News articles about BANX stock have been trending somewhat positive this week, InfoTrie reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. StoneCastle Financial earned a news impact score of 1.5 on InfoTrie's scale. They also assigned media coverage about the investment management company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutStoneCastle Financial.

Who are some of StoneCastle Financial's key competitors?

Some companies that are related to StoneCastle Financial include PUYI INC/ADR (PUYI), Diamond Hill Investment Group (DHIL), Barings BDC (BBDC), Pzena Investment Management (PZN), Value Line (VALU), Fidus Investment (FDUS), Saratoga Investment (SAR), Westwood Holdings Group (WHG), Silvercrest Asset Management Group (SAMG), Monroe Capital (MRCC), Hennessy Advisors (HNNA), Manning and Napier (MN), Great Elm Capital (GECC), U.S. Global Investors (GROW) and Puhui Wealth Investment Managemnt (PHCF). View all competitors.

What other stocks do shareholders of StoneCastle Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other StoneCastle Financial investors own include Energy Transfer LP Unit (ET), CBL & Associates Properties (CBL), Arlington Asset Investment (AI), Cornerstone Total Return Fund (CRF), Cornerstone Strategic Value Fund (CLM), Martin Midstream Partners (MMLP), SandRidge Permian Trust (PER), AT&T (T), BP Prudhoe Bay Royalty Trust (BPT) and Ford Motor (F).

Who are StoneCastle Financial's key executives?

StoneCastle Financial's management team includes the following people:

Mr. Joshua Stuart Siegel, Chairman & CEO (Age 48)
Mr. George Shilowitz, Pres & Director (Age 54)
Mr. Patrick J. Farrell, Chief Financial Officer (Age 59)
Ms. Rachel Schatten J.D., Chief Compliance Officer, Gen. Counsel and Sec. (Age 48)

What is StoneCastle Financial's stock symbol?

StoneCastle Financial trades on the NASDAQ under the ticker symbol "BANX."

Who are StoneCastle Financial's major shareholders?

StoneCastle Financial's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Hilton Capital Management LLC (3.68%), Greenwich Investment Management Inc. (2.74%), Advisor Group Holdings Inc. (2.56%), United Capital Financial Advisers LLC (1.95%), Acadian Asset Management LLC (0.70%) and Oxbow Advisors LLC (0.65%). Company insiders that own StoneCastle Financial stock include Guy M Arnold, Patrick Joseph Farrell, S David Lentinello and Sanjai Bhonsle. View institutional ownership trends for StoneCastle Financial.

Which institutional investors are selling StoneCastle Financial stock?

BANX stock was sold by a variety of institutional investors in the last quarter, including Oxbow Advisors LLC, United Capital Financial Advisers LLC, Oppenheimer & Co. Inc., Creative Planning, Wells Fargo & Company MN, and Northwestern Mutual Wealth Management Co.. View insider buying and selling activity for StoneCastle Financial.

Which institutional investors are buying StoneCastle Financial stock?

BANX stock was purchased by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., Greenwich Investment Management Inc., Acadian Asset Management LLC, Ieq Capital LLC, Hilton Capital Management LLC, Brinker Capital Inc., Envestnet Asset Management Inc., and JPMorgan Chase & Co.. Company insiders that have bought StoneCastle Financial stock in the last two years include Guy M Arnold, Patrick Joseph Farrell, S David Lentinello, and Sanjai Bhonsle. View insider buying and selling activity for StoneCastle Financial.

How do I buy shares of StoneCastle Financial?

Shares of BANX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is StoneCastle Financial's stock price today?

One share of BANX stock can currently be purchased for approximately $17.00.

How big of a company is StoneCastle Financial?

StoneCastle Financial has a market capitalization of $111.52 million and generates $16.35 million in revenue each year.

What is StoneCastle Financial's official website?

The official website for StoneCastle Financial is www.stonecastle-financial.com.

How can I contact StoneCastle Financial?

StoneCastle Financial's mailing address is 152 WEST 57TH STREET 35TH FLOOR, NEW YORK NY, 10019. The investment management company can be reached via phone at 212-354-6500 or via email at [email protected]

This page was last updated on 5/25/2020 by MarketBeat.com Staff