John Marshall Bancorp (NASDAQ:JMSB – Get Free Report) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Monday, Zacks reports.
A number of other research analysts also recently issued reports on JMSB. Wall Street Zen raised shares of John Marshall Bancorp from a “hold” rating to a “buy” rating in a research report on Saturday, September 19th. Weiss Ratings upgraded shares of John Marshall Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Finally, Keefe, Bruyette & Woods upped their price target 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. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $25.00.
View Our Latest Stock Analysis on John Marshall Bancorp
John Marshall Bancorp Stock Performance
NASDAQ JMSB opened at $23.23 on Monday. The business’s 50 day moving average price is $23.03 and its 200-day moving average price is $21.65. John Marshall Bancorp has a fifty-two week low of $18.60 and a fifty-two week high of $24.26. The company has a market cap of $327.78 million, a P/E ratio of 12.36 and a beta of 0.57. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.08 and a current ratio of 1.08.
John Marshall Bancorp (NASDAQ:JMSB – Get Free Report) last released its 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. John Marshall Bancorp had a return on equity of 9.97% and a net margin of 21.84%. The business had revenue of $18.06 million during the quarter, compared to the consensus estimate of $18.61 million. Sell-side analysts predict that John Marshall Bancorp will post 1.95 earnings per share for the current year.
Institutional Investors Weigh In On John Marshall Bancorp
Several institutional investors and hedge funds have recently added to or reduced their stakes in JMSB. Legal & General Group Plc acquired a new position in John Marshall Bancorp during the second quarter worth about $25,000. Renaissance Technologies LLC boosted its holdings in shares of John Marshall Bancorp by 22.0% during the 1st quarter. Renaissance Technologies LLC now owns 31,600 shares of the company’s stock worth $641,000 after purchasing an additional 5,700 shares during the last quarter. Quantinno Capital Management LP grew its position in shares of John Marshall Bancorp by 55.6% in the first quarter. Quantinno Capital Management LP now owns 25,245 shares of the company’s stock valued at $512,000 after purchasing an additional 9,025 shares in the last quarter. Deutsche Bank AG purchased a new stake in shares of John Marshall Bancorp in the second quarter valued at approximately $240,000. Finally, GSA Capital Partners LLP purchased a new stake in shares of John Marshall Bancorp in the second quarter valued at approximately $327,000. Hedge funds and other institutional investors own 39.09% of the company’s stock.
About John Marshall Bancorp
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