John Marshall Bancorp (NASDAQ:JMSB) Shares Down 2.8% – What’s Next?

John Marshall Bancorp, Inc. (NASDAQ:JMSBGet Free Report) was down 2.8% during mid-day trading on Thursday . The stock traded as low as $19.25 and last traded at $19.40. Approximately 25,994 shares traded hands during trading, an increase of 53% from the average daily volume of 17,024 shares. The stock had previously closed at $19.96.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of John Marshall Bancorp in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $22.00.

View Our Latest Stock Analysis on John Marshall Bancorp

John Marshall Bancorp Stock Up 0.6%

The stock has a 50 day simple moving average of $20.09 and a 200 day simple moving average of $19.91. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.31. The stock has a market cap of $276.65 million, a price-to-earnings ratio of 13.01 and a beta of 0.70.

John Marshall Bancorp (NASDAQ:JMSBGet Free Report) last released its earnings results on Wednesday, January 28th. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.03. John Marshall Bancorp had a net margin of 18.41% and a return on equity of 8.31%. The firm had revenue of $16.35 million for the quarter, compared to analysts’ expectations of $16.54 million.

John Marshall Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 11th were given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Wednesday, February 11th. John Marshall Bancorp’s dividend payout ratio (DPR) is currently 24.00%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in JMSB. Strs Ohio purchased a new stake in John Marshall Bancorp in the 1st quarter worth about $26,000. Atlantic Union Bankshares Corp bought a new position in John Marshall Bancorp during the second quarter worth about $63,000. Hingham Institution for Savings bought a new position in John Marshall Bancorp during the fourth quarter worth about $100,000. Raymond James Financial Inc. bought a new stake in shares of John Marshall Bancorp in the second quarter valued at approximately $104,000. Finally, Osaic Holdings Inc. bought a new stake in shares of John Marshall Bancorp in the second quarter valued at approximately $193,000. Hedge funds and other institutional investors own 39.09% of the company’s stock.

John Marshall Bancorp Company Profile

(Get Free Report)

John Marshall Bancorp, Inc is the bank holding company for John Marshall Bank. The Bank is headquartered in Reston, Virginia with eight full-service branches located in Alexandria, Arlington, Loudoun, Prince William, Reston, and Tysons, Virginia, as well as Rockville, Maryland, and Washington, DC The Bank is dedicated to providing exceptional value, personalized service and convenience to local businesses and professionals in the Washington, DC Metropolitan area.
 
The Bank offers a comprehensive line of sophisticated banking products and services that rival those of the largest banks along with experienced staff to help achieve customers’ financial goals.

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