Sussex Bancorp (NASDAQ:SBBX) has earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.

Analysts have set a 12-month consensus price objective of $29.00 for the company and are predicting that the company will post $0.31 EPS for the current quarter, according to Zacks. Zacks has also assigned Sussex Bancorp an industry rank of 124 out of 265 based on the ratings given to its competitors.

Several analysts have recently weighed in on SBBX shares. Zacks Investment Research downgraded shares of Sussex Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, November 7th. Keefe, Bruyette & Woods restated a “buy” rating and set a $28.50 price objective on shares of Sussex Bancorp in a research report on Tuesday, October 3rd.

Shares of Sussex Bancorp (NASDAQ:SBBX) traded up $0.20 during trading hours on Friday, hitting $26.00. 2,603 shares of the stock traded hands, compared to its average volume of 7,984. The stock has a market cap of $155.84, a P/E ratio of 18.17 and a beta of 0.55. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.88. Sussex Bancorp has a twelve month low of $17.47 and a twelve month high of $28.55.

Sussex Bancorp (NASDAQ:SBBX) last issued its quarterly earnings data on Monday, October 30th. The financial services provider reported $0.33 earnings per share for the quarter, hitting the consensus estimate of $0.33. The business had revenue of $9.60 million during the quarter, compared to the consensus estimate of $9.60 million. Sussex Bancorp had a net margin of 15.97% and a return on equity of 9.19%. equities research analysts expect that Sussex Bancorp will post 1.31 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, November 24th. Stockholders of record on Friday, November 10th were issued a $0.06 dividend. The ex-dividend date of this dividend was Thursday, November 9th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.92%. Sussex Bancorp’s payout ratio is 18.05%.

Institutional investors have recently made changes to their positions in the company. Advisor Group Inc. increased its holdings in shares of Sussex Bancorp by 161.2% in the 2nd quarter. Advisor Group Inc. now owns 5,832 shares of the financial services provider’s stock valued at $142,000 after acquiring an additional 3,599 shares during the period. Hilton Capital Management LLC acquired a new position in shares of Sussex Bancorp in the 2nd quarter valued at $205,000. Alpine Woods Capital Investors LLC acquired a new position in shares of Sussex Bancorp in the 3rd quarter valued at $231,000. FNY Partners Fund LP acquired a new position in shares of Sussex Bancorp in the 2nd quarter valued at $371,000. Finally, Stifel Financial Corp acquired a new position in shares of Sussex Bancorp in the 2nd quarter valued at $520,000. 52.10% of the stock is currently owned by institutional investors and hedge funds.

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Sussex Bancorp Company Profile

Sussex Bancorp is a bank holding company for Sussex Bank (the Bank). The Company’s primary business is the ownership and supervision of the Bank. The Company has two business segments: banking and financial services, and insurance services. The Company, through the Bank, conducts a traditional commercial banking business, and offer services, including personal and business checking accounts and time deposits, money market accounts and savings accounts.

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