John Marshall Bancorp (NASDAQ:JMSB) Rating Lowered to Hold at Wall Street Zen

John Marshall Bancorp (NASDAQ:JMSBGet Free Report) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Sunday.

Several other equities research analysts have also recently commented on JMSB. Keefe, Bruyette & Woods lifted their price target on shares of John Marshall Bancorp from $24.00 to $25.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of John Marshall Bancorp in a research note on Tuesday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $24.50.

Check Out Our Latest Stock Report on JMSB

John Marshall Bancorp Stock Performance

John Marshall Bancorp stock opened at $23.04 on Friday. John Marshall Bancorp has a 12-month low of $18.50 and a 12-month high of $24.26. The stock has a market capitalization of $325.09 million, a price-to-earnings ratio of 13.32 and a beta of 0.58. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.44. The stock has a 50-day simple moving average of $22.48 and a 200 day simple moving average of $21.26.

John Marshall Bancorp (NASDAQ:JMSBGet Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.44 by $0.06. John Marshall Bancorp had a net margin of 20.41% and a return on equity of 9.16%. The business had revenue of $18.78 million for the quarter, compared to analysts’ expectations of $17.41 million. On average, research analysts anticipate that John Marshall Bancorp will post 1.94 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Legal & General Group Plc acquired a new stake in John Marshall Bancorp in the second quarter worth $25,000. Strs Ohio acquired a new position in shares of John Marshall Bancorp in the 1st quarter valued at $26,000. California State Teachers Retirement System increased its position in shares of John Marshall Bancorp by 454.5% in the 2nd quarter. California State Teachers Retirement System now owns 3,793 shares of the company’s stock valued at $83,000 after buying an additional 3,109 shares in the last quarter. Hingham Institution for Savings acquired a new stake in John Marshall Bancorp during the 4th quarter worth $100,000. Finally, Raymond James Financial Inc. bought a new position in John Marshall Bancorp during the second quarter worth about $104,000. Institutional investors and hedge funds 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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