Wall Street Zen lowered shares of John Marshall Bancorp (NASDAQ:JMSB – Free Report) from a buy rating to a hold rating in a research report released on Saturday morning,Wall Street Zen reports.
A number of other brokerages have also recently weighed in on JMSB. Zacks Research upgraded John Marshall Bancorp from a “strong sell” rating to a “hold” rating in a research report on Monday, November 2nd. Weiss Ratings raised John Marshall Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Finally, Keefe, Bruyette & Woods boosted their price objective on John Marshall Bancorp from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Monday, September 14th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, John Marshall Bancorp presently has an average rating of “Buy” and an average price target of $25.00.
John Marshall Bancorp Price Performance
JMSB opened at $23.20 on Friday. The firm has a market cap of $327.35 million, a price-to-earnings ratio of 12.34 and a beta of 0.57. John Marshall Bancorp has a fifty-two week low of $18.82 and a fifty-two week high of $24.26. The company’s 50-day moving average price is $23.06 and its 200 day moving average price is $21.70. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.44.
John Marshall Bancorp (NASDAQ:JMSB – Get Free Report) last issued its earnings results on Wednesday, October 28th. The company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.05. John Marshall Bancorp had a net margin of 21.84% and a return on equity of 9.97%. The firm had revenue of $18.06 million for the quarter, compared to analysts’ expectations of $18.61 million. As a group, sell-side analysts expect that John Marshall Bancorp will post 1.95 earnings per share for the current year.
John Marshall Bancorp Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 2nd. Investors of record on Tuesday, November 10th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Tuesday, November 10th. John Marshall Bancorp’s dividend payout ratio (DPR) is currently 21.28%.
Institutional Investors Weigh In On John Marshall Bancorp
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Legal & General Group Plc bought a new position in John Marshall Bancorp during the 2nd quarter valued at $25,000. Deutsche Bank AG bought a new stake in shares of John Marshall Bancorp in the 2nd quarter worth $240,000. GSA Capital Partners LLP bought a new stake in shares of John Marshall Bancorp in the 2nd quarter worth $327,000. Blue Edge Capital LLC bought a new stake in shares of John Marshall Bancorp in the 2nd quarter worth $338,000. Finally, Man Group plc acquired a new stake in shares of John Marshall Bancorp in the second quarter valued at $366,000. Institutional investors own 39.09% of the company’s stock.
John Marshall Bancorp Company Profile
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