Keefe, Bruyette & Woods reiterated their buy rating on shares of Farmers National Banc Corp. (NASDAQ:FMNB) in a report published on Thursday morning. They currently have a $16.00 target price on the bank’s stock.

Separately, Zacks Investment Research raised shares of Farmers National Banc Corp. from a hold rating to a buy rating and set a $17.00 target price on the stock in a report on Tuesday, June 13th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of $16.50.

Farmers National Banc Corp. (FMNB) traded down 1.43% during trading on Thursday, reaching $13.75. 68,346 shares of the company’s stock were exchanged. The firm has a market cap of $372.16 million, a P/E ratio of 16.85 and a beta of 0.46. The stock’s 50 day moving average price is $14.54 and its 200 day moving average price is $13.96. Farmers National Banc Corp. has a 52-week low of $8.90 and a 52-week high of $15.50.

Farmers National Banc Corp. (NASDAQ:FMNB) last released its earnings results on Wednesday, July 26th. The bank reported $0.21 EPS for the quarter, missing the consensus estimate of $0.22 by $0.01. Farmers National Banc Corp. had a net margin of 22.19% and a return on equity of 10.39%. The firm had revenue of $24.43 million during the quarter, compared to the consensus estimate of $24.80 million. Equities research analysts anticipate that Farmers National Banc Corp. will post $0.89 EPS for the current fiscal year.

WARNING: This piece of content was originally published by Watch List News and is the sole property of of Watch List News. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of United States and international copyright laws. The original version of this piece of content can be read at https://www.watchlistnews.com/farmers-national-banc-corp-fmnb-rating-reiterated-by-keefe-bruyette-woods/1464531.html.

Several large investors have recently bought and sold shares of FMNB. Bank of New York Mellon Corp increased its stake in Farmers National Banc Corp. by 5.9% in the first quarter. Bank of New York Mellon Corp now owns 88,591 shares of the bank’s stock worth $1,272,000 after buying an additional 4,928 shares during the last quarter. LSV Asset Management increased its stake in Farmers National Banc Corp. by 74.4% in the first quarter. LSV Asset Management now owns 159,526 shares of the bank’s stock worth $2,289,000 after buying an additional 68,048 shares during the last quarter. Bowling Portfolio Management LLC bought a new stake in Farmers National Banc Corp. during the first quarter worth $640,000. Wells Fargo & Company MN increased its stake in Farmers National Banc Corp. by 2.7% in the first quarter. Wells Fargo & Company MN now owns 28,925 shares of the bank’s stock worth $415,000 after buying an additional 766 shares during the last quarter. Finally, Punch & Associates Investment Management Inc. increased its stake in Farmers National Banc Corp. by 6.2% in the first quarter. Punch & Associates Investment Management Inc. now owns 130,628 shares of the bank’s stock worth $1,875,000 after buying an additional 7,628 shares during the last quarter. Institutional investors own 33.71% of the company’s stock.

Farmers National Banc Corp. Company Profile

Farmers National Banc Corp. is a one-bank holding company. The Company’s principal business consists of owning and supervising its subsidiaries. The Company operates through tree segments: the Bank, Trust and Retirement Consulting. The Company operates principally through its subsidiaries, The Farmers National Bank of Canfield (the Bank or Farmers Bank), Farmers Trust Company (Trust or Farmers Trust), National Associates, Inc (NAI) and Farmers National Captive, Inc (Captive).

Receive News & Ratings for Farmers National Banc Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Farmers National Banc Corp. and related companies with Analyst Ratings Network's FREE daily email newsletter.