Wall Street Zen cut shares of John Marshall Bancorp (NASDAQ:JMSB – Free Report) from a buy rating to a hold rating in a report released on Saturday,Wall Street Zen reports.
JMSB has been the subject of a number of other research reports. Keefe, Bruyette & Woods boosted their target price on John Marshall Bancorp from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday, September 14th. Weiss Ratings raised shares of John Marshall Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Finally, Zacks Research raised shares of John Marshall Bancorp from a “strong sell” rating to a “hold” rating in a report on Monday, November 2nd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $25.00.
Get Our Latest Stock Report on JMSB
John Marshall Bancorp Stock Performance
Shares of JMSB opened at $23.14 on Friday. The company has a market cap of $326.51 million, a price-to-earnings ratio of 12.40 and a beta of 0.57. The business’s fifty day simple moving average is $23.06 and its two-hundred day simple moving average is $21.71. John Marshall Bancorp has a 12 month low of $19.02 and a 12 month high of $24.26. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.44.
John Marshall Bancorp (NASDAQ:JMSB – Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.05. The firm had revenue of $18.06 million during the quarter, compared to analysts’ expectations of $18.61 million. John Marshall Bancorp had a return on equity of 9.97% and a net margin of 21.84%. Research analysts anticipate that John Marshall Bancorp will post 1.95 earnings per share for the current fiscal year.
John Marshall Bancorp Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 2nd. Shareholders of record on Tuesday, November 10th will be paid a dividend of $0.10 per share. The ex-dividend date is Tuesday, November 10th. This represents a $0.40 dividend on an annualized basis and a yield of 1.7%. John Marshall Bancorp’s dividend payout ratio (DPR) is presently 21.28%.
Hedge Funds Weigh In On John Marshall Bancorp
Several large investors have recently made changes to their positions in the business. Legal & General Group Plc purchased a new position in John Marshall Bancorp in the 2nd quarter worth approximately $25,000. Deutsche Bank AG bought a new stake in John Marshall Bancorp in the 2nd quarter valued at $240,000. GSA Capital Partners LLP purchased a new stake in John Marshall Bancorp in the 2nd quarter worth $327,000. Blue Edge Capital LLC purchased a new stake in John Marshall Bancorp in the 2nd quarter worth $338,000. Finally, Man Group plc purchased a new stake in John Marshall Bancorp in the 2nd quarter worth $366,000. 39.09% of the stock is currently owned by hedge funds and other institutional investors.
John Marshall Bancorp Company Profile
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