Media headlines about Old Line Bancshares, Inc. (MD) (NASDAQ:OLBK) have been trending somewhat positive on Wednesday, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Old Line Bancshares, Inc. (MD) earned a coverage optimism score of 0.01 on Accern’s scale. Accern also assigned news coverage about the bank an impact score of 47.443354390824 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Several analysts have commented on the stock. BidaskClub downgraded shares of Old Line Bancshares, Inc. (MD) from a “buy” rating to a “hold” rating in a research report on Wednesday, May 23rd. Zacks Investment Research downgraded shares of Old Line Bancshares, Inc. (MD) from a “hold” rating to a “sell” rating in a research report on Wednesday, August 1st. Finally, Sandler O’Neill downgraded shares of Old Line Bancshares, Inc. (MD) from a “buy” rating to a “hold” rating in a research report on Thursday, July 26th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $35.63.

OLBK stock opened at $34.08 on Wednesday. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $581.02 million, a price-to-earnings ratio of 21.85 and a beta of 0.29. Old Line Bancshares, Inc. has a 12 month low of $26.17 and a 12 month high of $35.72.

Old Line Bancshares, Inc. (MD) (NASDAQ:OLBK) last posted its earnings results on Tuesday, July 24th. The bank reported $0.54 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.02. The company had revenue of $26.50 million during the quarter, compared to the consensus estimate of $26.90 million. Old Line Bancshares, Inc. (MD) had a net margin of 17.09% and a return on equity of 9.23%. equities research analysts predict that Old Line Bancshares, Inc. will post 2.22 EPS for the current fiscal year.

In other Old Line Bancshares, Inc. (MD) news, Director Stephen J. Deadrick bought 1,000 shares of the firm’s stock in a transaction on Thursday, June 14th. The stock was bought at an average cost of $34.23 per share, with a total value of $34,230.00. Following the completion of the transaction, the director now directly owns 29,093 shares of the company’s stock, valued at approximately $995,853.39. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, Director Eric D. Hovde sold 4,429 shares of the business’s stock in a transaction that occurred on Monday, August 13th. The stock was sold at an average price of $34.80, for a total transaction of $154,129.20. The disclosure for this sale can be found here. Over the last three months, insiders acquired 2,246 shares of company stock valued at $77,104 and sold 49,789 shares valued at $1,726,860. Insiders own 10.61% of the company’s stock.

About Old Line Bancshares, Inc. (MD)

Old Line Bancshares, Inc operates as the bank holding company for Old Line Bank that provides banking products and services to small and medium size businesses, entrepreneurs, professionals, consumers, and high net worth clients. The company accepts a range of deposit products, including demand, NOW, money market, and savings accounts, as well as certificates of deposit.

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Insider Buying and Selling by Quarter for Old Line Bancshares, Inc. (MD) (NASDAQ:OLBK)

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