1st Source SRCE Stock Price Today

The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure. Money Flow Uptick/Downtick RatioMoney flow measures the relative buying and selling pressure on a stock, based on the value of trades made on an “uptick” in price and the value of trades made on a “downtick” in price. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades.

• Top institutional shareholders include 1ST Source Bank (30.02%), Dimensional Fund Advisors LP (6.71%), Alliancebernstein L.P.
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• That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.
• 1st Source has a short interest ratio (“days to cover”) of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Upside is the percentage difference between the most accurate estimate and the consensus estimate. The larger the percentage increase in estimate revisions, the better. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. Storylines Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. This documentary-style series follows investigative journalists as they uncover the truth.

t Source GAAP EPS of $1.25 misses by $0.03, revenue of $94.73M beats by $0.53M

To see all exchange delays and terms of use please see Barchart’s disclaimer. 1st Source has a short interest ratio (“days to cover”) of 3.7, which is generally considered an acceptable ratio of short interest to trading volume. According to analysts’ consensus price target of $54.50, 1st Source has a forecasted upside of 13.0% from its current price of $48.23. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

2 analysts have issued 1-year target prices for 1st Source’s stock. On average, they predict the company’s share price to reach $54.50 in the next twelve months. This suggests a possible upside of 13.0% from the stock’s current price. View analysts price targets for SRCE or view top-rated stocks among Wall Street analysts.

About MarketBeat

1st Source Corp along with its subsidiary offers banking services. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. At the center how to buy stocks for beginners of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.

Measures how much net income or profit is generated as a percentage of revenue. Sign Up NowGet this delivered to your inbox, and more info about our products and services. 1st Source has been upgraded to a Zacks Rank #2 , reflecting growing optimism about the company’s earnings prospects.

Finance

Net money flow is the value of uptick trades minus the value of downtick trades. Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. Real-time analyst ratings, insider transactions, earnings data, and more.

News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. There may be delays, omissions, or inaccuracies in the Information.

t Source (SRCE) Upgraded to Buy: What Does It Mean for the Stock?

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To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. 2 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for 1st Source in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should “buy” SRCE shares.

1st Source has only been the subject of 2 research reports in the past 90 days. Companies with a positive earnings surprise are more likely to positively surprise in the future . Earnings ESP is Zacks’ proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. By dividing the most accurate estimate by the consensus estimate, you can see the difference between the two.

1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana. 1st Source Corp. is a bank holding company, which engages in the provision of financial products and services through its subsidiaries. The bank offers commercial and consumer banking services, trust and investment management services, and insurance to individuals and businesses.

Insiders that own company stock include Andrea G Short, Daniel B Fitzpatrick, John T Phair and Mark D Schwabero. 1st Source’s stock was trading at $53.09 at the beginning of 2023. Since then, SRCE shares have decreased by 9.2% and is now trading at $48.23. Magnitude is the size of the recent change in the current consensus estimate for the fiscal year and next fiscal year over the last 60 days. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes.

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Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year. These returns cover a period from January 1, 1988 through February 6, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return.

We’ve quantified the difference between the two estimates with our Earnings ESP . Simply put, stocks with a Zacks Rank of 1, 2, or 3, with a positive ESP were shown to positively surprise 70% of the time. Represents the company’s profit divided by the outstanding shares of its common stock. Shares Sold ShortThe total number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report. Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. The technique has proven to be very useful for finding positive surprises.

It’s packed with all of the company’s key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares. According to 9 analysts, the average rating for https://day-trading.info/ is “Buy.” The 12-month stock price forecast is $53.72, which is an increase of 11.38% from the latest price. 1st Source declared a quarterly dividend on Thursday, January 19th.

t Source (SRCE) Tops Q3 Earnings Estimates

1st Source Corporation operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance products to individual and business clients. In addition, it provides trust, investment, agency, and custodial services comprising administration of estates and personal trusts, as well as management of investment accounts for individuals, employee benefit plans, and charitable foundations. Additionally, it provides corporate and personal property, casualty, and individual and group health and life insurance products and services.