Shares of BCB Bancorp, Inc. (NASDAQ:BCBP) have received an average broker rating score of 2.00 (Buy) from the two brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and one has given a strong buy recommendation to the company.

Analysts have set a 1-year consensus price target of $17.00 for the company and are expecting that the company will post $0.29 EPS for the current quarter, according to Zacks. Zacks has also given BCB Bancorp an industry rank of 178 out of 255 based on the ratings given to related companies.

BCBP has been the subject of several analyst reports. Zacks Investment Research raised shares of BCB Bancorp from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 26th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $17.00 price objective on shares of BCB Bancorp in a report on Friday, July 13th.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Northern Trust Corp lifted its stake in BCB Bancorp by 6.9% in the 2nd quarter. Northern Trust Corp now owns 152,247 shares of the bank’s stock worth $2,284,000 after purchasing an additional 9,876 shares in the last quarter. Renaissance Technologies LLC lifted its stake in BCB Bancorp by 19.1% in the 2nd quarter. Renaissance Technologies LLC now owns 362,116 shares of the bank’s stock worth $5,432,000 after purchasing an additional 57,985 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in BCB Bancorp by 13.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 413,270 shares of the bank’s stock worth $6,199,000 after purchasing an additional 48,886 shares in the last quarter. BlackRock Inc. lifted its stake in BCB Bancorp by 21.0% in the 2nd quarter. BlackRock Inc. now owns 717,441 shares of the bank’s stock worth $10,762,000 after purchasing an additional 124,568 shares in the last quarter. Finally, Rhumbline Advisers purchased a new stake in BCB Bancorp in the 2nd quarter worth approximately $191,000. Institutional investors and hedge funds own 30.85% of the company’s stock.

BCBP traded up $0.05 on Friday, hitting $13.85. The company’s stock had a trading volume of 5 shares, compared to its average volume of 13,127. The company has a market cap of $219.38 million, a PE ratio of 15.02, a price-to-earnings-growth ratio of 1.36 and a beta of 0.47. BCB Bancorp has a 12 month low of $13.50 and a 12 month high of $16.10. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.86.

BCB Bancorp (NASDAQ:BCBP) last released its quarterly earnings data on Monday, July 30th. The bank reported $0.22 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by ($0.02). The business had revenue of $21.55 million during the quarter, compared to the consensus estimate of $20.27 million. BCB Bancorp had a return on equity of 9.18% and a net margin of 12.13%. research analysts forecast that BCB Bancorp will post 1.02 earnings per share for the current fiscal year.

BCB Bancorp Company Profile

BCB Bancorp, Inc operates as the holding company for BCB Community Bank, a state chartered commercial bank that provides banking products and services to businesses and individuals in the United States. The company offers deposit products, including savings and club accounts, demand and NOW accounts, interest and non-interest bearing demand accounts, money market accounts, certificates of deposit, individual retirement accounts, and term certificate accounts.

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