Somewhat Favorable News Coverage Somewhat Unlikely to Affect Farmers & Merchants Bancorp (FMAO) Share Price
Headlines about Farmers & Merchants Bancorp (NASDAQ:FMAO) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Farmers & Merchants Bancorp earned a news impact score of 0.14 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 45.9440621308554 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
FMAO has been the subject of a number of research analyst reports. Zacks Investment Research downgraded Farmers & Merchants Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th. ValuEngine upgraded Farmers & Merchants Bancorp from a “hold” rating to a “buy” rating in a report on Friday, September 22nd.
Shares of Farmers & Merchants Bancorp (FMAO) opened at 36.45 on Friday. The firm has a 50-day moving average price of $65.67 and a 200-day moving average price of $54.55. The company has a market capitalization of $333.70 million, a P/E ratio of 27.45 and a beta of 0.04. Farmers & Merchants Bancorp has a one year low of $15.40 and a one year high of $43.90.
Farmers & Merchants Bancorp (NASDAQ:FMAO) last released its quarterly earnings data on Wednesday, July 19th. The financial services provider reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.03. Farmers & Merchants Bancorp had a return on equity of 9.60% and a net margin of 24.37%. The business had revenue of $11.64 million during the quarter, compared to analysts’ expectations of $11.49 million. Equities analysts forecast that Farmers & Merchants Bancorp will post $1.35 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 20th. Shareholders of record on Tuesday, September 26th will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend is Monday, September 25th. Farmers & Merchants Bancorp’s dividend payout ratio (DPR) is currently 39.25%.
In other Farmers & Merchants Bancorp news, Director Anthony Rupp sold 2,072 shares of the stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $87.10, for a total value of $180,471.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Edward A. Leininger sold 2,230 shares of the stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $71.62, for a total value of $159,712.60. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,927 shares of company stock valued at $390,809. Company insiders own 5.03% of the company’s stock.
About Farmers & Merchants Bancorp
Farmers & Merchants Bancorp, Inc is a bank holding company. The Company’s primary subsidiary, The Farmers & Merchants State Bank (the Bank), is a community bank operating in Northwest Ohio and Northeast Indiana. The Company’s other subsidiary, Farmers & Merchants Risk Management (Captive), is a captive insurance company.
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